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Reed's's revenue is $53.0 million.

What is Reed's's revenue?

Reed's's annual revenue is $53.0M. Zippia's data science team found the following key financial metrics about Reed's after extensive research and analysis.
  • Reed's's revenue growth from 2010 to 2022 is 160.31%.
  • Reed's has 28 employees, and the revenue per employee ratio is $1,894,321.
  • Reed's's peak quarterly revenue was $11.9M in 2024(q2).
  • Reed's peak revenue was $53.0M in 2022.
  • Reed's annual revenue for 2021 was 49.6M, 19.19% growth from 2020.
  • Reed's annual revenue for 2022 was 53.0M, 6.94% growth from 2021.

On this page

Most recent quarter revenue
$6.8M (Q3'2024)
Company most recent quarter revenue
Peak revenue
$53.0M (2022)
Company peak revenue
Revenue / employee
$1.9M
Company revenue / employee

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Most recent quarter revenue
$6.8M (Q3'2024)
Company most recent quarter revenue
Peak revenue
$53.0M (2022)
Company peak revenue
Revenue / employee
$1.9M
Company revenue / employee

Reed's historical revenue

Reed's's peak revenue was $53.0M in 2022. The peak quarterly revenue was $11.9M in 2024(q2).

Reed's's revenue increased from $20.4m in 2010 to $53.0M currently. That's a 160.31% change in annual revenue.

Reed's annual revenue

$53M
$42M
$32M
$21M
$11M
$0
2017
2018
2019
2020
2021
2022

Reed's annual revenue over time

Fiscal year / yearReed's revenue
2010$20.4M
2011$25.0M
2012$30.0M
2013$37.3M
2014$43.4M
2015$45.9M
2016$42.5M
2017$37.7M
2018$38.1M
2019$33.8M
2020$41.6M
2021$49.6M
2022$53.0M

How accurately did Reed's' revenue projections match actual performance?

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Reed's annual growth

Reed's saw the greatest revenue growth in 2013, when revenue increased by 24.24%.

Reed's had the lowest revenue growth in 2019, when revenue changed by -11.24%.

Reed's annual growth rate over time

YearReed's growth
2011
23%
2012
20%
2013
24%
2014
16%
2015
6%
2016
-8%
2017
-11%
2018
1%
2019
-11%
2020
23%
2021
19%
2022
7%

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Reed's financial information

CEONorman E. Snyder Jr
IndustryFood, Beverage & Tobacco
Company TypePublic
Employees Number28
Date Founded1989
HeadquartersLos Angeles, California
Number of Locations2
Revenue$53.0M
Net Income-$20,057,000
Gross Proft$12.1M (2022)
PE Ratio-2.73
Tax Rate-0.0%
Market Capitalization$54.8M
Total Assets$25,487,000
TickerREED

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Reed's financing

Reed's received early financing of $7.9M on 2021-05-01.

SeriesRound sizeDate
Post Ipo Equity$7.9M05/2021

Reed's investors

InvestorsSecurity type
ROTH Capital PartnersPost Ipo Equity

Reed's competitors

Reed's's top competitor, Constellation Brands, earned an annual revenue of $10.0B.

Reed's's smallest competitor is BTA with revenue of $410.0K last year.

Reed's revenue FAQs

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Zippia gives an in-depth look into the details of Reed's, including salaries, political affiliations, employee data, and more, in order to inform job seekers about Reed's. The employee data is based on information from people who have self-reported their past or current employments at Reed's. The data on this page is also based on data sources collected from public and open data sources on the Internet and other locations, as well as proprietary data we licensed from other companies. Sources of data may include, but are not limited to, the BLS, company filings, estimates based on those filings, H1B filings, and other public and private datasets. While we have made attempts to ensure that the information displayed are correct, Zippia is not responsible for any errors or omissions or for the results obtained from the use of this information. None of the information on this page has been provided or approved by Reed's. The data presented on this page does not represent the view of Reed's and its employees or that of Zippia.

Reed's may also be known as or be related to REED'S INC, REED'S, INC., Reed's and Reed's Inc.