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Formula Brewing

  • Microbrewery
  • Issaquah, Washington
  • 2 Year Medal Streak

WebsiteOpen in the Breweries Dashboard

Medals in View
4
Gold, Silver, Bronze
First Medal in View
2023
Categories Medaled
4
0 in special categories
Estimated Barrels per Year
2.5K

No production figure is published, so this uses the typical volume for its brewery type (microbrewery): 2,500 barrels. Estimated total: 2,500 barrels. Inputs: Barrels: 2,500 (estimated from Brewery Type (E)); Brewery Type: Microbrewery; Locations: 1; Kitchen: Not Found, So No Food Revenue Is Added; Distribution: Not Found; Employees: Not Found.

How These Estimates Are Made

Estimate (E)
Estimated ARR
$2.3M

2,500 barrels times $900 per barrel, the benchmark price for its brewery type (microbrewery), gives $2,250,000 a year. The range shown is 0.7 to 1.35 times that. Inputs: Barrels: 2,500 (estimated from Brewery Type (E)); Brewery Type: Microbrewery; Locations: 1; Kitchen: Not Found, So No Food Revenue Is Added; Distribution: Not Found; Employees: Not Found.

How These Estimates Are Made

EBITDA $180K at 8% (E)
Medals by YearFormula Brewing, 2018 to 2026
Table view
Medals by Year
Name201820192020202120222023202420252026
Gold000000010
Silver000001001
Bronze000000001

Ten Year Trend

Each year says whether the brewery medaled. When it did not, the status says why there is nothing to count, including years before the brewery opened.

Medals and status of Formula Brewing in the last ten years.
YearStatusMedalsGold / Silver / Bronze
2026Medaled2
2025Medaled1
2024No Medal0
2023Medaled1
2022No Medal0
2021No Medal0
2020Results Not LoadedNot FoundNot Found
2019Partial Year0
2018Partial Year0
Medals by Style Family
Table view
Medals by Style Family
Style FamilyMedals
IPA1
Lager1
Sour and Wild1
Wheat1
Medals by Category
Table view
Medals by Category
CategoryMedals
American Wheat Beer1
Brett Beer1
Imperial India Pale Ale1
Kellerbier or Zwickelbier1
Medals by Location CreditedAs Printed in the Winners List
Table view
Medals by Location Credited
Location CreditedMedals
Issaquah4

Medal History

Field is the number of entries in the category that year. Entries per medal divides the field by the medals awarded.

Every Great American Beer Festival medal of Formula Brewing in view.. Select a column header to sort.
Beer Profile
2026SilverBlah Blah BlahNot FoundNot FoundImperial India Pale Ale8729.0IssaquahFull Profile
2026BronzeAlcove5.6%Not FoundBrett Beer279.0IssaquahFull Profile
2025GoldWetland Wheat5.5%Not FoundAmerican Wheat Beer4013.3IssaquahNot Found
2023SilverChasing TrainsNot FoundNot FoundKellerbier or Zwickelbier7023.3IssaquahNot Found

2026 Medal Beers

Silver in Imperial India Pale Ale

Blah Blah Blah

Formula Brewing, Issaquah, WA

Category
Imperial India Pale Ale
Entries
87
ABV
Not Found
IBU
Not Found
Style
Imperial India Pale Ale
Malts
Not Found
Yeast
Not Found
Adjuncts
Not Found

Hops

Not Found

Not Found

Open the Beer Profile

Bronze in Brett Beer

Alcove

Formula Brewing, Issaquah, WA

Category
Brett Beer
Entries
27
ABV
5.6%
IBU
Not Found
Style
Brett Saison
Malts
Not Found
Yeast
Brettanomyces
Adjuncts
Not Found

Hops

Not Found

Not Found

Open the Beer Profile

Profile

Type
Microbrewery
Headquarters
Issaquah, Washington
Founded
Not Found
Employees
Not Found
Kitchen
Not Found
Website
www.formulabrewing.comSource: website resolved; Instagram linked from the brewery website
Links
InstagramChecked 2026-10-14Source: website resolved; Instagram linked from the brewery website
Locations
  • Formula Brewing: 1875 NW Poplar Way, Issaquah, Washington, 98027 Map
Known for
Lager, Wheat, Sour and Wild

Current Beers

Not Found

Ownership and Investors

Not Found

Breweries without ownership research are not counted as independent.

Distribution

Not Found

Estimated Scale

Barrels per Year
2,500

No production figure is published, so this uses the typical volume for its brewery type (microbrewery): 2,500 barrels. Estimated total: 2,500 barrels. Inputs: Barrels: 2,500 (estimated from Brewery Type (E)); Brewery Type: Microbrewery; Locations: 1; Kitchen: Not Found, So No Food Revenue Is Added; Distribution: Not Found; Employees: Not Found.

How These Estimates Are Made

(Estimated from Brewery Type (E), Low Confidence)
Equivalent
77,500 gallons, or 34,444 cases of 24 twelve ounce cans. About 341,000 sixteen ounce cans packaged (assuming 55% packaged) and 279,000 pints on draft.
Revenue (ARR)
$2.3M

2,500 barrels times $900 per barrel, the benchmark price for its brewery type (microbrewery), gives $2,250,000 a year. The range shown is 0.7 to 1.35 times that. Inputs: Barrels: 2,500 (estimated from Brewery Type (E)); Brewery Type: Microbrewery; Locations: 1; Kitchen: Not Found, So No Food Revenue Is Added; Distribution: Not Found; Employees: Not Found.

How These Estimates Are Made

(range $1.6M to $3M, E)
Gross Margin
50%

Annual revenue ($2,250,000) times a 50% gross margin, typical for its brewery type (microbrewery), gives $1,125,000 of gross profit. Inputs: Barrels: 2,500 (estimated from Brewery Type (E)); Brewery Type: Microbrewery; Locations: 1; Kitchen: Not Found, So No Food Revenue Is Added; Distribution: Not Found; Employees: Not Found.

How These Estimates Are Made

(gross profit $1.1M, E)
EBITDA
$180K at 8%

Annual revenue ($2,250,000) times a 8% EBITDA margin, typical for its brewery type (microbrewery), gives $180,000. The range uses 5% to 11%, typical for self distributed breweries. Inputs: Barrels: 2,500 (estimated from Brewery Type (E)); Brewery Type: Microbrewery; Locations: 1; Kitchen: Not Found, So No Food Revenue Is Added; Distribution: Not Found; Employees: Not Found.

How These Estimates Are Made

(range 5% to 11%, $113K to $248K, E)
Revenue per Barrel
$900

Annual revenue ($2,250,000) divided by 2,500 barrels. Inputs: Barrels: 2,500 (estimated from Brewery Type (E)); Brewery Type: Microbrewery; Locations: 1; Kitchen: Not Found, So No Food Revenue Is Added; Distribution: Not Found; Employees: Not Found.

How These Estimates Are Made

(cost of goods assumed at $500 per barrel, E)
Revenue per Location
$2.3M

Annual revenue ($2,250,000) divided by the number of locations (1). Inputs: Barrels: 2,500 (estimated from Brewery Type (E)); Brewery Type: Microbrewery; Locations: 1; Kitchen: Not Found, So No Food Revenue Is Added; Distribution: Not Found; Employees: Not Found.

How These Estimates Are Made

for its one location, E

How These Estimates Are Made

Research Record

Open the Tracked Research File for This Brewery