Jones Soda Reports Revenue of $10.2 Million for Q2 2026, Up 108%
Jones Soda Co. (CSE: JSDA, OTCQB: JSDA) reported Q2 2026 revenue of $10.2M, up 107.8% year over year, despite about $2M of expected shipments shifting into Q3. Gross margin fell to 27.5% from 33.3%. Management raised FY2026 net revenue growth to over 80% (revenue above $45M) and expects positive Adjusted EBITDA. Conference call set for Aug. 13, 2026.
How this was made
The 30-second read
Why it matters
The key tradable items are the raised FY2026 revenue target (exceed $45M, >80% growth) and the expectation of positive full-year Adjusted EBITDA, both supported by improved Adjusted EBITDA performance in Q2. Offsetting factors include gross margin compression tied to higher oil prices and a cash balance that required additional private placement funding.
Market read
This is a guidance-and-profitability update with specific FY targets and a near-term liquidity/funding update, making it more than a recap.
What to watch
Cash fell to $2.4M at quarter-end, and the company relied on about $1.9M of post-quarter private placement proceeds, so dilution and funding runway could dominate the stock reaction.
Background
Jones Soda is a small-cap beverage company reporting Q2 results and adding a full-year 2026 outlook, including profitability expectations.
Ticker impact
Jones Soda reported Q2 2026 revenue of $10.2M, raised FY2026 net revenue outlook to exceed $45M, and expects positive full-year Adjusted EBITDA.
Likely positive bias for the next session and into the conference call, with volatility around margin and cash burn assumptions.
The article discloses a concrete guidance step-up (revenue growth to >80%, revenue >$45M) and a profitability target (positive Adjusted EBITDA), alongside operational detail on shipment timing and gross margin compression driven by oil/logistics.
Market effects
Highlights cost sensitivity to oil and logistics for beverage manufacturers, which can affect sentiment toward similarly exposed small-cap consumer brands.
Limited direct regional spillover; primarily a microcap-specific catalyst.
No clear global macro linkage beyond general commodity-driven input cost pressure.
Counterpoint
The revenue growth headline is partly offset by shipment timing shifting about $2M from Q2 into Q3, and gross margin fell to 27.5% due to higher oil prices.
Key entities
- companyJones Soda Co.
OTCQB-listed and CSE-listed issuer reporting Q2 2026 results, raising FY2026 revenue outlook, and targeting positive full-year Adjusted EBITDA.
- business_partnerRap Snacks
Announced collaboration expected to begin contributing revenue in fiscal 2027.
- executiveScott Harvey
CEO quoted on execution progress, shipment timing, and raised full-year expectations.
