Reed's, Inc.
REED NYSE· Bottled & Canned Soft Drinks & Carbonated Waters
Last close · Oct 23, 2026
$0.59
KIRA · Stoqly’s AI analyst, in plain words
- Reed's, Inc. had $34.1M of revenue in fiscal 2025, down 10.2% on the year before. Over five years, revenue changed −3.9% a year on average.
- Its operating margin was −44.5%, down 23.1 pts: of every 100 in sales, about −44 is left after running the business.
- Reed's, Inc. lost $15.8M in fiscal 2025.
- Free cash flow was −$17.3M in fiscal 2025, −50.8% of revenue.
Market cap
$7.0M
P/E
—
Revenue
$34.1M
Net income
−$15.8M
Free cash flow
−$17.3M
Operating margin
−44.5%
Reed's, Inc. in 30 seconds · fiscal 2025
Are sales growing?
−10.2%
No. Sales fell 10.2% last year.
Does it make a profit?
−46.5%
No. It lost money last year.
Does profit turn into cash?
−50.8%
No. It spent more cash than it brought in.
How healthy are the accounts?
1 / 8
Weak. It passes 1 of 8 health tests.
How is the share priced?
—
No P/E: it made no profit over the last four quarters.
What Reed's, Inc. does
No business description yet.
- Fiscal year ends
- December 31, 2025
- Latest annual report
- 10-K · Mar 25, 2026
- Legal name
- REED'S, INC.
- CIK
- 0001140215
Reed's, Inc. · REED
Results and finances
The last 5 fiscal years. Amounts in USD.
| Fiscal year | FY21 | FY22 | FY23 | FY24 | FY25 |
|---|---|---|---|---|---|
| Sales and profit | |||||
| Revenue | $49.6M | $53.0M | $44.7M | $38.0M | $34.1M |
| Revenue growth | 19.2% | 6.9% | −15.7% | −15.1% | −10.2% |
| Gross margin | 27.4% | 22.8% | 21.7% | 30.0% | 20.4% |
| Operating margin | −32.2% | −28.0% | −21.1% | −21.4% | −44.5% |
| Net income | −$16.4M | −$20.1M | −$15.5M | −$13.2M | −$15.8M |
| Net margin | −33.1% | −37.8% | −34.7% | −34.7% | −46.5% |
| Diluted EPS | −$0.18 | −$9.07 | −$4.39 | −$9.81 | −$1.91 |
| Cash | |||||
| Cash from operations | −$17.6M | −$15.5M | −$4.3M | −$6.1M | −$17.0M |
| Capital expenditure | $0.3M | — | $0.1M | $0.2M | $0.3M |
| Free cash flow | −$17.9M | — | −$4.4M | −$6.3M | −$17.3M |
| FCF margin | −36.1% | — | −9.7% | −16.5% | −50.8% |
| Share buybacks | $0.0M | $0.0M | $0.0M | — | — |
| Share count change | 50.4% | −97.6% | 60.0% | −62.1% | 519.5% |
| Debt and strength | |||||
| Cash and short-term investments | $0.0M | $0.5M | $0.6M | $10.4M | $10.4M |
| Shareholders' equity | $4.2M | −$8.5M | −$19.2M | $6.6M | $9.2M |
| Current ratio | 1.1x | 0.9x | 0.7x | 1.3x | 1.6x |
| Interest coverage | −13.3x | −2.8x | −1.5x | −1.5x | −13.7x |
| Returns and quality | |||||
| Return on equity | −224.6% | — | — | — | −200.5% |
| Return on tangible equity | −458.4% | — | — | −219.1% | −186.4% |
| Piotroski F-score | 0 | 3 | 2 | 5 | 1 |
| Altman Z'' | −15.9 | −20.3 | −31.1 | −20.0 | −24.8 |
Insiders bought, 12 months
$0.0M
0 insiders
Insiders sold, 12 months
$0.0M
0 insiders
Of sales under plans
—
$0.0M
How to read these numbers
- Revenue:
- Total sales reported in the income statement.
- Operating margin:
- Operating income as a share of revenue.
- Net income:
- Profit after all expenses, interest and tax.
- Free cash flow:
- Cash from operations minus capital spending.
- Net debt / EBITDA:
- Years of EBITDA needed to pay off net debt. Below zero means more cash than debt.
- Return on capital:
- After-tax operating income as a share of the money invested in the business: debt plus equity, minus cash.
Reed's, Inc. · REED
Charts and comparison
Ten years at a glance, and how it stacks up against similar companies.
Revenue
Net income
Margins, % of revenue
Cash vs debt (incl. leases)
Free cash flow
Dividends and buybacks
KIRA
At $0.59 a share, the company is worth $7.0M.
Source: SEC EDGAR XBRL filings (CIK 0001140215). Data updated October 24, 2026. For information only — not investment advice. Check the original filings before relying on any figure.