earnings
confidence high
sentiment neutral
materiality 0.70
Charlotte's Web Q3 revenue $11.5M (-8.6% YoY); net loss $5.9M; targets $9M cost savings in 2026
Charlotte's Web Holdings, Inc.
2025-Q3 EPS reported
-$0.12
revenue$36,571,000
- Revenue $11.5M vs $12.6M in Q3 2024; gross margin 38.9% (down from 53%) due to $0.5M B2B chargeback reserve and in-house manufacturing ramp.
- SG&A fell 23.3% to $9.7M; adjusted EBITDA improved to $(2.1)M from $(3.9)M; cash $9.8M, working capital $25.6M.
- B2B channel restructured: direct sales force cut, $0.5M reserve recorded; management expects margin rebound to ~50% in Q4 2025.
- New Brightside hemp-derived delta-9 gummies launched; CBN Stay Sleep Gummies became second-best-selling gummy; functional mushroom portfolio expanding.
- U.S. Senate CR included hemp THC limit language effective 365 days post-enactment; DeFloria IND Phase 2 trial for ASD cleared; board adds British American Tobacco nominee.