earnings
confidence high
sentiment neutral
materiality 0.60
CV Sciences FY2025 revenue down 12% to $13.8M; adjusted EBITDA loss narrows to $0.3M
CV Sciences, Inc.
- Revenue $13.8M for FY2025 vs $15.7M in 2024, a 12.2% decline on lower volume and regulatory headwinds.
- Gross margin improved to 49.0% from 45.6%; operating loss reduced to $0.5M from $2.2M.
- Adjusted EBITDA loss was $0.3M, improved from $0.8M in 2024; Q4 2025 delivered positive adjusted EBITDA of $0.1M.
- Cash balance $0.3M at year-end; completed debt restructuring in Q1 2026 to strengthen financial position.
- Launched 39 new products since Jan 2023; new products contributed 39% of FY2025 net revenue.