Big Rock Brewery Inc. recently announced its financial results for the three months and year ended December 30, 2025, saying its net loss for the year improved to just under $1 million from a loss of $13.5 million the previous year.
“Sales volumes increased 34.9% over the prior year, and we saw exceptional results within our wholesale and contract businesses. Adjusted EBITDA for the year is $5.8 million higher than was earned in 2024. It is clear through these results that our growth strategies and operational efficiencies are paying off. Although the Corporation saw some headwinds this year with the temporary increase in Alberta government markup, U.S. tariffs on aluminum and the BC General Employees’ Union strike action, I am very pleased with the results of the 2025 fiscal year.” said David Kinder, Big Rock’s President and Chief Executive Officer.
“As we look ahead to 2026 we continue to focus on innovation, within our own portfolio and co-creation of new products with the Corporation’s strategic partners, and expect to capitalize on increased market demand in certain product categories to enable the Corporation to gain market share.”
Financial Summary
For the three months ended December 30, 2025, compared to the three months ended December 30, 2024, Big Rock reported:
- total sales volumes up 11.1% to 69,563 hl (hectoliter) compared to 62,587 hl, driven by a 14.3% increase in wholesale volumes and a 7.5% increase in contract sales volumes;
- net revenue increased by 23.1% to $11.1 million from $9.0 million due to increased volumes and a favourable product mix;
- gross margin increased to $3.3 million compared to $0.9 million;
- operating loss was $(0.8) million, which is an improvement of $2.0 million, compared to an operating loss of $(2.8) million;
- net loss improved to $(1.1) million from a loss of $(9.7) million, an increase of $8.6 million; and
- Adjusted EBITDA increased by $2.2 million to $1.2 million.
For the year ended December 30, 2025, compared to the year ended December 30, 2024, the Corporation reported:
- total sales volumes up 34.9% to 311,594 hl compared to 230,982 hl, driven by a 13.3% increase in wholesale volumes and a 73.6% increase in contract volumes;
- net revenue increased by 15.0% to $49.1 million from $42.7 million due to increased volumes;
- gross margin increased to $17.0 million compared to $10.7 million;
- operating loss improved to $(0.2) million, compared to an operating loss of $(6.1) million;
- net loss improved to $(0.9) million from a loss of $(13.5) million, an increase of $12.6 million; and
- Adjusted EBITDA increased by $5.8 million to $3.6 million.
Big Rock was founded in 1985 by Ed McNally.
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