← BOSTON BEER CO INC
| Annual Trend | FY 2016 | FY 2017 | FY 2018 | FY 2019 | FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|---|---|---|---|---|
| Total Revenue | $906.4m | $863.0m | $995.6m | $1.2b | $1.7b | $2.1b | $2.1b | $2.0b | $2.0b | $2.0b | |
| Revenue from Contract with Customer, Including Assessed Tax | — | — | $1.1b | $1.3b | $1.9b | $2.2b | $2.2b | $2.1b | $2.1b | $2.1b | |
| Cost of Revenue | $446.8m | $413.1m | $483.4m | $635.7m | $922.0m | $1.3b | $1.2b | $1.2b | $1.1b | $1.0b | |
| Gross Profit | $459.7m | $449.9m | $512.2m | $614.2m | $814.5m | $797.8m | $862.0m | $852.4m | $893.7m | $952.6m | |
| Operating Expenses | $322.0m | $334.2m | $396.4m | $469.3m | $570.2m | $789.8m | $771.2m | $752.4m | $817.8m | $807.7m | |
| Operating Income (Loss) | $137.7m | $115.7m | $115.9m | $144.9m | $244.2m | $8.0m | $90.8m | $100.0m | $76.0m | $144.9m | |
| Additional Financial Items | |||||||||||
| Amortization of Intangible Assets | — | — | — | — | — | $253k | $253.0m | $253.0m | $613.0m | $1.7m | |
| Goodwill, Impairment Loss | — | — | — | — | — | $0 | $0 | $0 | $0 | $0 | |
| Income (Loss) from Continuing Operations before Income Taxes, Domestic | — | — | — | — | — | — | — | — | — | $157.7m | |
| Undistributed Earnings (Loss) Allocated to Participating Securities, Basic | ($442k) | ($544k) | ($873k) | — | — | — | — | — | — | — | |
| Income (Loss) from Continuing Operations before Income Taxes, Noncontrolling Interest | $137.1m | $116.1m | $116.3m | $144.4m | $244.2m | $6.9m | $91.4m | $109.6m | $87.6m | $153.5m | |
| Net Income (Loss) Attributable to Parent | $87.3m | $99.0m | $92.7m | $110.0m | $192.0m | $14.6m | $67.3m | $76.2m | $59.7m | $108.5m | |
| Net Income (Loss) Available to Common Stockholders, Basic | $87.3m | $99.0m | $92.7m | $110.0m | $192.0m | $14.6m | $67.3m | $76.2m | $59.7m | $108.5m | |
| Earnings Per Share, Basic | $6.93 | $8.18 | $7.90 | $9.26 | $15.73 | $1.19 | $5.46 | $6.23 | $5.07 | $9.90 | |
| Earnings Per Share, Diluted | $6.79 | $8.09 | $7.82 | $9.16 | $15.53 | $1.17 | $5.44 | $6.21 | $5.06 | $9.89 | |
| Weighted Average Number of Shares Outstanding, Basic | — | — | 11.7m | 11.9m | 12.2m | 12.3m | 12.3m | 12.2m | 11.8m | 11.0m | |
| Weighted Average Number of Shares Outstanding, Diluted | 12.8m | 12.2m | 11.7m | 11.9m | 12.3m | 12.4m | 12.3m | 12.3m | 11.8m | 10.9m | |
| General and Administrative Expense | $78.0m | $73.1m | $90.9m | $112.7m | $118.2m | $133.6m | $157.5m | $174.5m | $189.9m | $190.8m | |
| Other Nonoperating Income (Expense) | ($706k) | ($82k) | ($887k) | ($1.2m) | $222k | ($978k) | ($1.9m) | ($1.4m) | ($1.6m) | ($1.4m) | |
| Current Income Tax Expense (Benefit) | $41.5m | $39.5m | $9.4m | $26.6m | $34.6m | ($2.4m) | $15.1m | $44.2m | $47.9m | $46.1m | |
| Marketing and Advertising Expense | $105.3m | $128.0m | $145.1m | $177.2m | $211.2m | $291.3m | $226.7m | $233.5m | $240.9m | $286.2m | |
| Selling and Marketing Expense | $244.2m | $258.6m | $304.9m | $355.6m | $447.6m | $607.0m | $578.4m | $556.0m | $552.0m | $610.0m | |
| Selling Expense | — | — | $61.8m | $69.1m | $97.6m | $166.6m | $165.5m | $114.7m | $104.1m | $101.1m | |
| Income Tax Expense (Benefit) | $49.8m | $17.1m | $23.6m | $34.3m | $52.3m | ($7.6m) | $24.2m | $33.3m | $27.9m | $45.0m | |
| Interest Income (Expense), Nonoperating, Net | $168k | $549k | $1.3m | $647k | ($199k) | ($110k) | $2.6m | $11.0m | $13.2m | $9.9m |
Values abbreviated: b = billions, m = millions, k = thousands. Per share data in USD.