The Boston Beer (SAM) earnings history
Most recent quarter
- Fiscal period
- Q2 2026
- Period end
- Jun 27, 2026
- EPS actual
- $3.65
- EPS estimate
- $4.83
- EPS surprise
- −24.36%
- Revenue surprise
- +0.29%
- Revenue
- $568.3M
- Revenue estimate
- $566.7M
- Reported
- Jul 23, 2026
Boston Beer reported Q2 2026 results on July 23, 2026. EPS was $3.65, missing the $4.83 estimate by 24.36%. Revenue of $568.3 million was slightly above the $566.7 million consensus. Compared with Q2 2025, EPS fell about 33% from $5.45, the highest quarter in the table, and revenue declined about 3% from $587.9 million.
The table shows a strongly seasonal pattern. Q2 and Q3 bring the most revenue and earnings, while Q4 has been a loss in each of the last five years. Annual EPS rose from $5.43 in 2022 to $6.20 in 2023 and $9.10 in 2024. The table has no row for Q3 2025, so no full-year total can be given for 2025. The first half of 2026 earned $5.29 per share, about 30% less than the $7.61 of a year earlier, on revenue about 4% lower. Boston Beer missed the EPS estimate in 13 of 20 quarters, including the last two.
Third-quarter results came between October 20 and October 26 from 2021 to 2024, which points to late October 2026 for the next report. For comparison, Q3 2024 earned $5.35 per share on $605.5 million of revenue.
Earnings history
| Period | Reported | EPS estimate | EPS actual | Surprise | Revenue | Filing |
|---|---|---|---|---|---|---|
| Q2 2026 | Jul 23, 2026 | $4.83 | $3.65 | −24.36% | $568.3M | SEC |
| Q1 2026 | Apr 30, 2026 | $1.96 | $1.64 | −16.53% | $433.9M | SEC |
| Q4 2025 | Feb 24, 2026 | −$2.57 | −$2.12 | +17.42% | $385.7M | SEC |
| Q2 2025 | Jul 24, 2025 | $3.86 | $5.45 | +41.11% | $587.9M | SEC |
| Q1 2025 | Apr 24, 2025 | $0.56 | $2.16 | +287.44% | $453.9M | SEC |
| Q4 2024 | Feb 25, 2025 | −$1.31 | −$1.68 | −28.07% | $402.3M | SEC |
| Q3 2024 | Oct 24, 2024 | $5.00 | $5.35 | +6.98% | $605.5M | SEC |
| Q2 2024 | Jul 25, 2024 | $5.00 | $4.39 | −12.19% | $579.1M | SEC |
| Q1 2024 | Apr 25, 2024 | −$0.03 | $1.04 | +3444.05% | $426.1M | SEC |
| Q4 2023 | Feb 27, 2024 | −$0.29 | −$1.49 | −409.92% | $393.7M | SEC |
| Q3 2023 | Oct 26, 2023 | $4.08 | $3.70 | −9.22% | $601.6M | SEC |
| Q2 2023 | Jul 27, 2023 | $3.38 | $4.72 | +39.65% | $603.3M | SEC |
| Q1 2023 | Apr 27, 2023 | −$0.29 | −$0.73 | −154.71% | $410.0M | SEC |
| Q4 2022 | Feb 15, 2023 | $0.60 | −$0.93 | −256.22% | $447.5M | SEC |
| Q3 2022 | Oct 20, 2022 | $2.89 | $2.21 | −23.43% | $596.5M | SEC |
| Q2 2022 | Jul 21, 2022 | $4.25 | $4.31 | +1.34% | $616.2M | SEC |
| Q1 2022 | Apr 21, 2022 | $2.04 | −$0.16 | −107.85% | $430.1M | SEC |
| Q4 2021 | Feb 16, 2022 | −$3.89 | −$4.22 | −8.51% | $348.1M | SEC |
| Q3 2021 | Oct 21, 2021 | $4.39 | −$4.76 | −208.52% | $561.6M | SEC |
| Q2 2021 | Jul 22, 2021 | $6.73 | $4.75 | −29.42% | $602.8M | SEC |
Quarterly revenue
Frequently asked questions
When did The Boston Beer (SAM) last report earnings?
The Boston Beer last reported on Jul 23, 2026, covering fiscal Q2 2026.
Did SAM beat earnings estimates?
No. The Boston Beer reported EPS of $3.65 for Q2 2026 against a $4.83 estimate — a 24.36% miss.
How much revenue did SAM report last quarter?
The Boston Beer reported $568.3M in revenue for Q2 2026, against a consensus estimate of $566.7M.
Earnings figures may be restated, revised or corrected by the issuer. Past results do not indicate future performance.
This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.