Food and beverage benchmarks from annual reports

What 5 US-listed companies selling coffee, drinks, pantry food and food gifts report: a median gross margin of 37.9%, from 34.6% to 48.0%. Read 13 October 2026.

Gross margin, food and beverage: gross profit over revenue in each company's latest annual report.
  1. Zevia48.0%
  2. 1-800-Flowers.com38.0%
  3. Laird Superfood37.9%
  4. The Vita Coco Company36.5%
  5. Black Rifle Coffee (BRC Inc.)34.6%

Median 37.9%, marked on each bar.

What each annual report states. A dash: the report gives no such figure.
CompanyGross marginAverage order valueReturn rateSubscription share of salesFulfilment cost as a share of sales
Black Rifle Coffee (BRC Inc.) BRCCForm 10-K for the year ended 31 December 2025, read 13 October 2026 (opens in a new tab)34.6%Revenue $398.3 million, gross profit $137.9 millionNot statedNot statedNot statedNot stated
Zevia ZVIAForm 10-K for the year ended 31 December 2025, read 13 October 2026 (opens in a new tab)48.0%Revenue $161.3 million, gross profit $77.4 millionNot statedNot statedNot statedNot stated
The Vita Coco Company COCOForm 10-K for the year ended 31 December 2025, read 13 October 2026 (opens in a new tab)36.5%Revenue $609.8 million, gross profit $222.6 millionNot statedNot statedNot stated2.9%
Laird Superfood LSFForm 10-K for the year ended 31 December 2025, read 13 October 2026 (opens in a new tab)37.9%Revenue $49.9 million, gross profit $18.9 millionNot statedNot statedNot stated10.7%
1-800-Flowers.com FLWSForm 10-K for the year ended 28 June 2026, read 13 October 2026 (opens in a new tab)38.0%Revenue $1.50 billion, gross profit $571.3 millionNot statedNot statedNot statedNot stated

What the filings state

Beyond the income statement, these are the figures the reports give, in their own words.

Use these figures

Open a calculator with this vertical’s figures already entered, then replace them with your own.

Offers priced on these costs, with their sources and the offer document for each:

How to read them

Gross profit divided by revenue, both from the income statement of the annual report. Companies differ in what they put in cost of sales: some include store occupancy, warehousing or shipping to the customer, others report those below gross profit. Read a company's margin next to its own accounting policy before comparing two.

The median of these 5 companies is 37.9%, between Black Rifle Coffee (BRC Inc.) at 34.6% and Zevia at 48.0%. They are whole companies, most with stores or wholesale beside their own site, so treat the figures as reference points for your own costs.

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