The Boston Beer Company, Inc. (SAM) — Financial statements
Income statement, balance sheet, and cash flow for The Boston Beer Company, Inc. — annual and quarterly history with growth and margin analysis.
| Metric (USD Millions) | 2025 | 2024 | 2023 | 2022 | 2021 | |
|---|---|---|---|---|---|---|
| Revenue & Gross Profit | ||||||
| Revenue | 2,087↑3.7% | 2,013↑0.2% | 2,009↓3.9% | 2,090↑1.6% | 2,058 | |
| Cost of Revenue | 1,135↑1.4% | 1,119↓3.2% | 1,156↓5.9% | 1,228↓2.5% | 1,260 | |
| Gross Profit | 953↑6.6% | 894↑4.9% | 852↓1.1% | 862↑8.0% | 798 | |
| Operating Expenses | ||||||
| R&D Expenses | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| General & Administrative Expenses | 191↑0.5% | 190↑8.8% | 175↑10.8% | 158↑17.9% | 134 | |
| Selling & Marketing Expenses | 610↑10.5% | 552↓0.7% | 556↓3.9% | 578↓4.7% | 607 | |
| SG&A Expenses | 801↑7.9% | 742↑1.6% | 731↓0.7% | 736↓0.6% | 741 | |
| Other Expenses | 7↓90.8% | 76↑247.4% | 22↓38.1% | 35↓28.3% | 49 | |
| Operating Expenses | 808↓1.2% | 818↑8.7% | 752↓2.4% | 771↓2.4% | 790 | |
| Total Costs & Expenses | 1,942↑0.3% | 1,937↑1.5% | 1,909↓4.5% | 2,000↓2.4% | 2,050 | |
| Operating Results | ||||||
| Operating Income | 145↑90.7% | 76↓24.0% | 100↑10.1% | 91↑1035.3% | 8 | |
| Depreciation & Amortization | 90↓3.8% | 94↑6.6% | 88↑8.3% | 81↑12.8% | 72 | |
| EBITDA | 244↓0.8% | 246↑17.1% | 210↑1.2% | 207↑60.4% | 129 | |
| EBIT | 153↑1.1% | 152↑24.6% | 122↓3.4% | 126↑120.5% | 57 | |
| Interest & Other Income | ||||||
| Net Interest Income | 0.00↓100.0% | 13↑20.5% | 11↑329.3% | 3↑2428.2% | -0.11 | |
| Interest Income | 0.00↓100.0% | 13↑20.5% | 11↑329.3% | 3 | 0.00 | |
| Interest Expense | 0.00 | 0.00 | 0.00 | 0.00↓100.0% | 0.11 | |
| Non-Operating Income | -9↑88.7% | -76↓247.4% | -22↑38.1% | -35↑28.3% | -49 | |
| Other Income / Expenses | 9↓26.2% | 12↑21.3% | 10↑1386.4% | 0.65↑159.3% | -1 | |
| Income Before Tax | 153↑75.2% | 88↓20.1% | 110↑19.9% | 91↑1223.4% | 7 | |
| Income Tax Expense | 45↑61.2% | 28↓16.3% | 33↑37.9% | 24↑416.2% | -8 | |
| Net Income & EPS | ||||||
| Net Income from Continuing Operations | 108↑81.7% | 60↓21.7% | 76↑13.4% | 67↑362.2% | 15 | |
| Net Income from Discontinued Operations | 0.00 | 0.00 | 0.00 | 0.00 | 0.00 | |
| Net Income | 108↑81.7% | 60↓21.7% | 76↑13.4% | 67↑362.2% | 15 | |
| Bottom-Line Net Income | 108↑81.7% | 60↓21.7% | 76↑13.4% | 67↑362.2% | 15 | |
| EPS (Basic) | 9.90↑95.3% | 5.07↓18.6% | 6.23↑14.1% | 5.46↑358.8% | 1.19 | |
| EPS (Diluted) | 9.89↑95.5% | 5.06↓18.6% | 6.22↑14.3% | 5.44↑365.0% | 1.17 | |
| Weighted Average Shares | 11↓9.8% | 12↓3.8% | 12↓0.6% | 12↑0.3% | 12 | |
| Weighted Average Diluted Shares | 11↓10.0% | 12↓3.9% | 12↓0.7% | 12↓0.7% | 12 | |
* All figures in Millions of USD, except per share data. Growth rates calculated Year-over-Year (YoY). Data source: SEC Filings.