Reed's, Inc.
REED'S, INC. is classified under Financials / Banks and appears not currently profitable on the latest normalized snapshot.
Business. REED'S, INC. (REED) is a company in the Non-Alcoholic Beverages industry within the Consumer Non-Cyclicals sector. The firm is listed on the New York Stock Exchange under the ticker symbol REED. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level without further operational breakdown.
Analyst recommendations
1 analysts · consensus HoldAt a glance
What drives this business
The watch-list the newsroom runs for this company — derived from its sector path, sharpened layer by layer. Not investment advice.
News & coverage
0Sector rotation
Developing storylines
Analysis
AI analysisOpportunity
Upcoming catalysts
Scheduled public events. Informational only — not investment advice.
- Company
- EarningsQ3 2026 earnings (expected)2026-10-28 · estimated
- Peers
- DividendDividend USD 1.75/sh2026-09-25 · Bank of America (BAC)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · JPMorgan Chase (JPM)
- EarningsQ3 2026 earnings (expected)2026-10-13 · estimated · Citigroup (C)
- Macro
- Rate decisionBank of England rate decision (press conf.)2026-08-06 · GB
- Rate decisionReserve Bank of Australia rate decision (press conf.)2026-08-12 · AU
- Rate decisionNorges Bank rate decision (press conf.)2026-08-20 · NO
- Rate decisionSveriges Riksbank rate decision (press conf.)2026-09-03 · SE
- Rate decisionBank of Canada rate decision (press conf.)2026-09-09 · CA
- Rate decisionEuropean Central Bank rate decision (press conf.)2026-09-10 · EU
- Macro & political
- ElectionSE Swedish Election2026-09-14 · SE
- ElectionUS U.S. Midterms2026-11-03 · US
- ElectionFR French Legislative2027-06-01 · FR
Pre-earnings brief
Reed's, Inc. (REED) has recorded its first analysis, meaning there is no prior basis for computing material changes in its financial or operational metrics. Consequently, the most significant recent developments are limited to updates in shareholder composition rather than shifts in fundamental performance indicators. Three notable additions to the company's holder list were detected on June 20, 2026, reflecting new institutional or significant investor positions as of March 31, 2026. These changes include an investor acquiring 2,513 shares valued at approximately $9,122, another taking a position of 2,475 shares worth roughly $8,984, and a third investor adding 540 shares valued at about $2,020. These new holdings represent a shift in the ownership structure for the company, which currently lists four top holders. The addition of these specific positions suggests growing interest or rebalancing among investors, although the absolute dollar values involved remain relatively small in the context of broader market movements. With only two analysts currently covering the stock and no index memberships, Reed's, Inc. remains a niche focus for market participants. The emergence of these new holders provides a baseline for future tracking, but without prior comparative data, the immediate material impact on the company's trajectory remains undefined.
Signals & dispatch
Composite-score breakdown
Synthesis
REED'S, INC. (REED) is a company in the Non-Alcoholic Beverages industry within the Consumer Non-Cyclicals sector. The firm is listed on the New York Stock Exchange under the ticker symbol REED. Specific details regarding operating segments, headquarters location, and geographic revenue mix are not provided in the available data. Consequently, the company is described at the industry level without further operational breakdown.
REED'S, INC. (REED) is currently classified as Commercial Banks within Banks (Financials). Classification confidence: 0.66 (rule-based classification). Capital structure on the latest snapshot: total assets 18,686,000 USD, total equity 2,692,000, short-term debt 0, long-term debt 0. Self-calculated market cap is 20,803,955 USD (market_price × shares_outstanding_diluted). Profitability profile: revenue 7,142,000, gross profit 697,000, operating income -6,215,000, net income -6,464,000. Return on equity ~-588.5%. Return on assets ~-84.8%. Operating-cash-flow to net-income ratio is 1.08. Risk profile from automated assessment: liquidity risk medium, dilution risk low. Flags: Current ratio is close to the minimum comfort range.. Recent news context: [TRIGGER] ha_price_listing: ha_price_listing fired on REED — basis={'bars_asof': '2026-05-12', 'basis_date': '2026-07-20', 'quote_as_of': '2026-07-20T21:26:18Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=REED; metrics={'bars_asof': '2026-05-12', 'ref_price': 0.9625, 'basis_date': '2026-07-20', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-20T21:26:18Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=REED price below 1 ($0.9625) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=e584a15a-84ef-4d0b-98e8-3bf9cb9a04b0; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=REED price below 1 ($0.9625) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing (source=ha_price_level; url=plv:listing:below_1:2026-07-20). Additional context: ha_price_listing: basis={'bars_asof': '2026-05-12', 'basis_date': '2026-07-20', 'quote_as_of': '2026-07-20T21:26:18Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=REED; metrics={'bars_asof': '2026-05-12', 'ref_price': 0.9625, 'basis_date': '2026-07-20', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-20T21:26:18Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=REED price below 1 ($0.9625) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=e584a15a-84ef-4d0b-98e8-3bf9cb9a04b0; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=REED price below 1 ($0.9625) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing. Comparable peers identified within the same class: JPMorgan Chase, Bank of America, Citigroup.
Reed's, Inc. (REED) has recorded its first analysis, meaning there is no prior basis for computing material changes in its financial or operational metrics. Consequently, the most significant recent developments are limited to updates in shareholder composition rather than shifts in fundamental performance indicators. Three notable additions to the company's holder list were detected on June 20, 2026, reflecting new institutional or significant investor positions as of March 31, 2026. These changes include an investor acquiring 2,513 shares valued at approximately $9,122, another taking a position of 2,475 shares worth roughly $8,984, and a third investor adding 540 shares valued at about $2,020. These new holdings represent a shift in the ownership structure for the company, which currently lists four top holders. The addition of these specific positions suggests growing interest or rebalancing among investors, although the absolute dollar values involved remain relatively small in the context of broader market movements. With only two analysts currently covering the stock and no index memberships, Reed's, Inc. remains a niche focus for market participants. The emergence of these new holders provides a baseline for future tracking, but without prior comparative data, the immediate material impact on the company's trajectory remains undefined.
- Return on equity is about -588.5%.
- Debt to equity is about 0.0x.
- [TRIGGER] ha_price_listing: ha_price_listing fired on REED — basis={'bars_asof': '2026-05-12', 'basis_date': '2026-07-20', 'quote_as_of': '2026-07-20T21:26:18Z', 'basis_source': 'broker_quote', 'staleness_days': 0}; source=ha_price_level; ticker=REED; metrics={'bars_asof': '2026-05-12', 'ref_price': 0.9625, 'basis_date': '2026-07-20', 'thresholds': {'min_bid': 1.0, 'low_price': 0.1, 'near_band': 1.1, 'deficiency_days': 30}, 'quote_as_of': '2026-07-20T21:26:18Z', 'basis_source': 'broker_quote', 'staleness_days': 0, 'consecutive_days_below_1': 0}; summary=REED price below 1 ($0.9625) — US continued-listing minimum-bid threshold; detector=broker_read_plane; severity=high; company_id=e584a15a-84ef-4d0b-98e8-3bf9cb9a04b0; transition={'to': 'below_1', 'from': 'near_1'}; watcher_kind=ha_price_listing; event_context=REED price below 1 ($0.9625) — US continued-listing minimum-bid threshold; contributing_watchers=ha_price_listing (source=ha_price_level; url=plv:listing:below_1:2026-07-20)
- Likely peers from the same classification include JPMorgan Chase, Bank of America, Citigroup.
- Statements that constitute forward-looking statements within the meaning of the Reform Act are generally identified through the inclusion of words such as “aim,” “anticipate,” “believe,” “drive,” “estimate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “intend,” “may,” “objective,” “outlook,” “plan,” “position,” “potential,” “project,” “seek,” “should,” “strategy,” “target,” “will” or similar statements or variations of such words and other similar expressions.
- CONDENSED CONSOLIDATED BALANCE SHEETS (Amounts in thousands, except share amounts) March 31, 2026 December 31, 2025 (Unaudited) ASSETS Current assets: Cash $ 4,580 $ 10,424 Accounts receivable, net of allowance of $ 982 and $ 980 , respectively 2,912 2,317 Inventory, net 8,048 8,046 Prepaid expenses and other current assets 1,307 673 Total current assets 16,847 21,460 Property and equipment, net of accumulated depreciation of $ 827 and $ 785 , respectively 1,189 1,231 Intangible assets 650 650 Total assets $ 18,686 $ 23,341 LIABILITIES AND STOCKHOLDERS’ EQUITY Current liabilities: Accounts payable $ 5,062 $ 3,496 Accrued expenses 878 669 Deferred revenue 17 - Senior secured loan, net of deferred financing costs of $ 45 and $ 68 , respectively 9,205 9,182 Current portion of lease liabilities 33 40 Total current liabilities 15,195 13,387 Lease liabilities, less current portion 799 803 Total liabilities 15,994 14,190 Commitments and Contingencies - - Stockholders’ equity: Series A Convertible Preferred stock, $ 10 par value, 500,000 shares authorized, 9,411 shares issued and outstanding 94 94 Common stock, $ .0001 par value, 60,000,000 shares authorized; 11,820,429 and 11,820,429 shares issued and outstanding, respectively 5 5 Additional paid in capital 176,788 176,783 Accumulated deficit ( 174,195 ) ( 167,731 ) Total stockholders’ equity 2,692 9,151 Total liabilities and stockholders’ equity $ 18,686 $ 23,341 The accompanying notes are an integral part of these condensed consolidated financial statements.
Bull / Bear case
Generated · model-assistedOperating income improved 46.4% year-over-year in FY2025, signaling potential stabilization in core operational efficiency despite revenue declines.
Free cash flow surged 63.7% year-over-year in FY2025, indicating improved cash generation capabilities relative to the prior period.
The company maintains a zero debt-to-equity ratio, providing a clean balance sheet with no leverage risk compared to peers.
Dilution risk is assessed as low, suggesting limited immediate threat to shareholder equity value from share issuance.
Current ratio stands at 1.603, indicating adequate short-term liquidity to cover immediate liabilities as of late 2025.
Net margin of -46.5% places the company in the bottom quartile of the Non-Alcoholic Beverages cohort, indicating severe profitability issues.
Return on equity of -5.88% ranks in the bottom quartile of its peer group, demonstrating poor capital efficiency.
Operating income deteriorated to -$15.1 million in FY2025, widening the operational loss significantly compared to previous periods.
Free cash flow turned deeply negative at -$17.3 million in FY2025, highlighting substantial cash burn despite year-over-year improvement metrics.
In focus — financials by report
Revenue $7.1M; Operating income -$6.2M.
- ▍Revenue $7.1M
- ▍Operating income -$6.2M
- ▍Net margin -90.5%
Revenue $26.6M; Operating income -$11.6M.
- ▍Revenue $26.6M
- ▍Operating income -$11.6M
- ▍Net margin -45.4%
Revenue $19.6M; Operating income -$7.5M.
- ▍Revenue $19.6M
- ▍Operating income -$7.5M
- ▍Net margin -41.3%
Revenue $34.1M; Operating income -$15.1M.
- ▍Revenue $34.1M
- ▍Operating income -$15.1M
- ▍Net margin -46.5%
Revenue $38.0M; Operating income -$8.1M.
- ▍Revenue $38.0M
- ▍Operating income -$8.1M
- ▍Net margin -34.7%
Revenue $38.0M; Operating income -$8.1M.
- ▍Revenue $38.0M
- ▍Operating income -$8.1M
- ▍Net margin -34.7%
Revenue $44.7M; Operating income -$9.4M.
- ▍Revenue $44.7M
- ▍Operating income -$9.4M
- ▍Net margin -34.7%
Revenue $44.7M; Operating income -$9.4M.
- ▍Revenue $44.7M
- ▍Operating income -$9.4M
- ▍Net margin -34.7%
Valuation FY
Revenue by segment
Business relationships
Supply chain
Peer comparison
Market position
Stress test
Predictor forecast
| Metric | Our forecast | Guidance | Consensus |
|---|---|---|---|
| EPS | —no estimate | —no estimate | -1,52 |
| Revenue | —no estimate | —no estimate | 32,2M USD |
| Operating income | —no estimate | —no estimate | -17,3M USD |
Options
Short squeeze
Earnings-call key lines
Consensus distribution
sell-side coverageEstimate revisions
consensus EPS · 26-week trendSell-side observations
Themes
ESG
Risk factors
- Current ratio is close to the minimum comfort range.
Benchmarks vs cohort
Corporate actions / M&A
FX exposure
Comparable transactions
Derivatives & instruments
Actions
Ask Handelsavisen
- Market data
- Regulatory filings
- Issuer disclosures
- Public news
- Earnings transcripts
- Consensus estimates
- ESG data
- Reference data
- Price To Tangible Bookmarket_price / (tangible_book_value / shares_outstanding_diluted)
- Price To Bookmarket_price / (adjusted_book_value / shares_outstanding_diluted)
- Return On Equitynet_income / total_equity
- Market Priceinput from market-data provider (delayed close or quote-shim mid)
- Capex To Revenuecapital_expenditure / revenue
- Debt To Equity(short_term_debt + long_term_debt) / total_equity
- REED'S, INC. company facts · 2026-07-21
- REED'S, INC. 10-Q 2026-05-13 · 2026-07-21
- REED'S, INC. 10-K 2026-03-25 · 2026-07-21
- REED'S, INC. 10-Q 2025-11-04 · 2026-07-21
- REED'S, INC. 10-Q 2025-08-13 · 2026-07-21
- ha_price_listing fired on REED · 2026-07-21
- Reed's Inc Market data — analyst estimates · 2026-07-21
Ownership & reference
Top holders
- Investment Managers · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
- Institutional Investor · as of 2026-03-310,00 %$0M
- Investment Managers · as of 2026-03-310,00 %$0M
Insider activity
Short positioning
Geographic breakdown
Intel & risk
Evidence & claims
From filings & derived data- Return on assets (FY 2025-12-31): -67.9%Derived (calculated)
- Current ratio (FY 2025-12-31): 1.60xDerived (calculated)
- Debt-to-equity (FY 2025-12-31): 1.55xDerived (calculated)
- Operating income (YoY) (2025-12-31 vs 2024-12-31): -86.6%Derived (calculated)
- Revenue (YoY) (2025-12-31 vs 2024-12-31): -10.2%Derived (calculated)
- Net income (YoY) (2025-12-31 vs 2024-12-31): -20.5%Derived (calculated)
- Total liabilities (YoY) (2025-12-31 vs 2024-12-31): -23.3%Derived (calculated)
- Operating cash flow (YoY) (2025-12-31 vs 2024-12-31): -178.2%Derived (calculated)
- Gross profit (YoY) (2025-12-31 vs 2024-12-31): -38.8%Derived (calculated)
- Cost of revenue (YoY) (2025-12-31 vs 2024-12-31): 2.0%Derived (calculated)
- Total assets (YoY) (2025-12-31 vs 2024-12-31): -7.2%Derived (calculated)
- Capex (YoY) (2025-12-31 vs 2024-12-31): 78.9%Derived (calculated)
- EPS (diluted) (YoY) (2025-12-31 vs 2024-12-31): 80.5%Derived (calculated)
- Shareholders' equity (YoY) (2025-12-31 vs 2024-12-31): 37.7%Derived (calculated)
- EPS (basic) (YoY) (2025-12-31 vs 2024-12-31): 80.5%Derived (calculated)
- Net margin (FY 2025-12-31): -46.5%Derived (calculated)
- Gross margin (FY 2025-12-31): 20.4%Derived (calculated)
- Return on equity (FY 2025-12-31): -173.1%Derived (calculated)
- Current liabilities (annual): USD 13.39MSEC XBRL filing
- Capex (annual): USD 272KSEC XBRL filing
- Shares outstanding (annual): 11.82MSEC XBRL filing
- Current assets (annual): USD 21.46MSEC XBRL filing
- Net income (annual): USD -15.84MSEC XBRL filing
- Total operating expenses (annual): USD 22.11MSEC XBRL filing