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Charlotte's Web Holdings (CWBHF)

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Earnings summaries and quarterly performance for Charlotte's Web Holdings.

Recent press releases and 8-K filings for CWBHF.

Charlotte's Web Reports Q3 2025 Results with Strategic Shifts
CWBHF
Earnings
Product Launch
Board Change
  • Charlotte's Web Holdings, Inc. reported Q3 2025 revenue of $11.5 million, a decrease from $12.6 million in Q3 2024, primarily reflecting a strategic B2B business model transformation. The company posted a net loss of $(5.9) million in Q3 2025, comparable to $(5.8) million in Q3 2024.
  • Adjusted EBITDA improved to $(2.1) million in Q3 2025 from $(3.9) million in Q3 2024, largely due to a 23.3% reduction in SG&A expenses to $9.7 million.
  • The company anticipates approximately $9 million in total annualized cost savings in 2026 from ongoing expense reductions and manufacturing efficiencies, including $3 million from the internalization of Brightside™ gummy production.
  • Gross profit for Q3 2025 was $4.5 million, or 38.9% of revenue, impacted by a $0.5 million B2B retail chargeback reserve and temporary scaling inefficiencies, though gross margin is expected to rebound in Q4 2025 as in-house production scales.
  • Charlotte's Web expanded its product portfolio with new Brightside™ hemp-derived delta-9 products and an expanded sleep category, and appointed M. Borgia Walker to its Board of Directors effective November 1, 2025.
Nov 12, 2025, 12:07 PM
Charlotte's Web Reports Q3 2025 Results
CWBHF
Earnings
Product Launch
New Projects/Investments
  • Charlotte's Web Holdings, Inc. reported Q3 2025 revenue of $11.5 million, an 8.6% decrease from Q3 2024, with a net loss of $(5.8) million and Adjusted EBITDA of $(2.1) million, an improvement from $(3.9) million in Q3 2024.
  • The company implemented a strategic restructuring of its B2B retail operations and completed internalization of Brightside™ gummy production, leading to a 23.3% reduction in SG&A expenses to $9.7 million in Q3 2025 and an expected $9 million in annualized cost savings in 2026.
  • Product innovation continued with the launch of Brightside™ hemp-derived delta-9 products and an expanded sleep portfolio, including CBN Stay Sleep Gummies becoming the second-best-selling gummy product.
  • DeFloria, Inc., a collaboration, received clearance for FDA Phase 2 clinical trials for an investigational botanical drug to treat irritability associated with autism spectrum disorder (ASD), with Charlotte's Web retaining exclusive manufacturing rights for commercial supply.
  • M. Borgia Walker was appointed to the Board of Directors, effective November 1, 2025.
Nov 12, 2025, 12:07 PM