Jones Soda Co. (CSE: JSDA / OTCQB: JSDA) reported first-quarter 2026 revenue of $12.4 million, a 194% increase from the year-earlier period, and recorded positive net income from continuing operations — a notable inflection for the Seattle-based craft beverage maker that has spent recent quarters restructuring its portfolio and cost base.
The top-line result marks the company's sharpest year-over-year quarterly expansion in recent memory, more than tripling revenue relative to Q1 2025. Management did not disclose a specific net income figure in the initial release, but the return to profitability from continuing operations signals that gross margin recovery and operating expense discipline are beginning to translate into bottom-line improvement.
Jones Soda also issued full-year 2026 guidance calling for revenue in excess of $40 million, which would represent growth of more than 60% against the prior fiscal year. That trajectory suggests the company expects its momentum to broaden beyond the first quarter, though it offered no formal earnings-per-share range or adjusted EBITDA target alongside the revenue outlook.
The results arrive as the broader non-alcoholic beverage segment continues to experience polarisation between legacy carbonated soft-drink brands losing shelf space and premium or functional challengers gaining distribution. Jones Soda, which competes on distinctive flavours and limited-edition packaging, has been working to expand retail and foodservice accounts while selectively exiting lower-margin channels — a strategy that appears to be driving outsized revenue growth even as the absolute revenue base remains small relative to category incumbents. Investors tracking the craft-soda space will find additional context in our non-alcoholic beverage sector coverage and our recent analysis of emerging brands gaining retail distribution.
"The Q1 results reflect strong execution across our distribution and brand initiatives," management indicated ahead of a conference call held Thursday, May 14, at 8:30 a.m. ET. The call was expected to provide additional detail on channel mix, gross margin trajectory and the assumptions underpinning the full-year revenue target. Jones Soda is tracked by Food & Beverage Magazine as part of its emerging-brand watchlist.
Written by Michael Politz, Author of Guide to Restaurant Success: The Proven Process for Starting Any Restaurant Business From Scratch to Success (ISBN: 978-1-119-66896-1), Founder of Food & Beverage Magazine, the leading online magazine and resource in the industry. Designer of the Bluetooth logo and recognized in Entrepreneur Magazine's "Top 40 Under 40" for founding American Wholesale Floral, Politz is also the Co-founder of the Proof Awards and the CPG Awards and a partner in numerous consumer brands across the food and beverage sector.
