BOSTON BEER CO INC (SAM) Form 10-Q — Oct 22, 2026
Boston Beer reported Q3 2026 net revenue of $520.1 million, down from $537.5 million a year ago, with quarterly net income of $43.2 million ($4.21 diluted EPS) versus $46.2 million ($4.25 EPS) in Q3 2025. The company posted a year-to-date net loss of $50.5 million, driven by the Ardagh Metal Packaging lawsuit in which a jury awarded $175.5 million in damages; cumulative pre-tax litigation impact through September 26, 2026 totals $200.3 million. The company denies breach and has filed post-trial motions and a notice of appeal.
Key figures
- Eps
- 4.21
- Revenue
- 555458000
- Net Income
- 43166000
- Total Assets
- 1239388000
- Cash Position
- 308072000
- Shares Outstanding
- 8,082,058 Class A; 2,068,000 Class B as of October 16, 2026
- Q3 diluted eps
- 4.21
- Q3 net revenue
- 520101000
- Q3 repurchases
- $25.0 million (140,377 shares)
- Ytd repurchases
- $73.5 million (371,406 shares)
- Q3 eps prior year
- 4.25
- Ardagh damages award
- 175500000
- Q3 prior year net revenue
- 537494000
- Ytd prior year net income
- 131000000
- Revolving credit available
- 150000000
- Accrued litigation expenses
- 194471000
- Shortfall fees future expected
- $22 million ($4M in remainder of 2026, $18M thereafter)
- Repurchase authorization remaining
- $149 million as of October 16, 2026 (of $1.6B limit)
- Ardagh litigation cumulative pretax impact
- 200300000
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