Jones Soda Q2 revenue doubles to $10.2M, raises full-year expectations

Jones Soda Co. saw its second-quarter revenue more than double to $10.2 million, up 107.8% from $4.9 million during the same period last year.

The Canadian-founded, Seattle-based beverage maker attributed the sales growth mainly to higher shipments of its Fallout-branded drinks sold through warehouse club stores.

For the three months ended June 30, 2026, the company reported a net loss of $650,000, compared to net income of $2.6 million in the second quarter of 2025. The profit in the previous year was driven by a $3.7-million one-time gain from selling its cannabis business.

Rising costs and freight expenses

Gross profit margin dropped to 27.5% from 33.3% a year earlier. Company officials cited high global oil prices, which pushed up shipping and fuel costs, as the main cause. Jones Soda said it began lowering its delivery fees late in the quarter after re-bidding its primary shipping routes.

Chief executive officer Scott Harvey said product shipping delays moved roughly $2 million in expected earnings from the second quarter into the third quarter. Despite the shift, the company raised its full-year sales growth forecast from 80% to a minimum of 80%, up from an earlier target of 60%. Management also expects to post a profit before interest, taxes, and secondary accounting adjustments for the full year.