FY2025 · ended Dec 31, 2025 · Revenue $34.06M, -10.2% YoY · Filed Mar 25, 2026
Reed's, Inc. (REED) files with the SEC under industry code 2086, Bottled & Canned Soft Drinks & Carbonated Waters. In fiscal 2025, which ended Dec 31, 2025, it reported revenue of $34.1 million and a net loss of $15.8 million. Free cash flow was -$17.3 million. As of Jun 30, 2026 it held $2.4 million in cash and investments and $822,000 in total debt.
Revenue (TTM)
$29.14M
-19.1% vs year-ago TTM
Net income (TTM)
$-18.50M
-13.2% vs year-ago TTM
Operating cash flow (TTM)
$-14.64M
-10.7% vs year-ago TTM
Free cash flow
$-17.31M
-175.8% vs prior year
EPS (TTM)
$-1.78
+66.8% vs year-ago TTM
Dividend per share
None
Shares outstanding
11.82M
-73.9% vs prior year
Net cash
$1.59M
as of Jun 30, 2026
Operating margin
-61.4%
FY 2026
Company profile
- Industry
- Bottled & Canned Soft Drinks & Carbonated Waters (SIC 2086)
- Listed as
- REED (NYSE)
- Fiscal year ends
- December 31
- Incorporated in
- DE
- Headquarters
- Norwalk, CT
- SEC filer status
- Non-accelerated filer, Smaller reporting company
- SEC CIK
- 1140215
- Former names
- REED'S INC (until Jun 16, 2014); REEDS INC (until Mar 25, 2014); ORIGINAL BEVERAGE CORP / (until Oct 25, 2001)
Other Bottled & Canned Soft Drinks & Carbonated Waters companies
- Monster Beverage Corp MNST
- COCA-COLA EUROPACIFIC PARTNERS plc CCEP
- Mexican Economic Development Inc FMX
- Coca-Cola Consolidated, Inc. COKE
- Celsius Holdings, Inc. CELH
- Andina Bottling Co Inc AKO-A
- National Beverage Corp FIZZ
- Zevia PBC ZVIA
All 13 Bottled & Canned Soft Drinks & Carbonated Waters companies
Key figures
Fiscal-year totals from the annual reports. Balance sheet lines are as of each year end.
| Line | FY 2025 Dec 31, 2025 |
FY 2024 Dec 31, 2024 |
FY 2023 Dec 31, 2023 |
FY 2022 Dec 31, 2022 |
FY 2021 Dec 31, 2021 |
|---|---|---|---|---|---|
| Revenue | $34.1M | $38.0M | $44.7M | $53.0M | $49.6M |
| Operating income | -$15.1M | -$8.1M | -$9.4M | -$14.8M | -$16.0M |
| Net income | -$15.8M | -$13.2M | -$15.5M | -$20.1M | -$16.4M |
| Diluted EPS | -$1.91 | -$9.81 | -$4.39 | — | — |
| Operating cash flow | -$17.0M | -$6.1M | -$4.3M | -$15.5M | -$17.6M |
| Free cash flow | -$17.3M | -$6.3M | -$4.4M | — | -$17.9M |
| Total assets | $23.3M | $25.1M | $18.9M | $25.5M | $26.3M |
| Total liabilities | $14.2M | $18.5M | $38.1M | $34.0M | $22.1M |
| Stockholders' equity | $9.2M | $6.6M | -$19.2M | -$8.5M | $4.2M |
| Cash and investments | $10.4M | $10.4M | $603,000 | $533,000 | $49,000 |
| Total debt | $843,000 | $837,000 | $207,000 | $394,000 | $555,000 |
Recent SEC filings
| Form | Description | Filed | Period |
|---|---|---|---|
| 8-K |
Current report
Material agreement, Unregistered share sale
|
Nov 3, 2026 | Oct 28, 2026 |
| 8-K |
Current report
Material agreement, New debt
|
Sep 30, 2026 | Sep 30, 2026 |
| 8-K |
Current report
Listing notice, Other events
|
Aug 14, 2026 | Aug 12, 2026 |
| 10-Q | Quarterly report | Aug 12, 2026 | Jun 30, 2026 |
| 8-K |
Current report
Results of operations
|
Aug 11, 2026 | Aug 11, 2026 |
| 8-K |
Current report
Officer or director change, Shareholder vote results
|
Jun 11, 2026 | Jun 10, 2026 |
All 1000 Reed's, Inc. SEC filings
Source: SEC EDGAR filings. This is company-reported data, not investment advice.