CWBHF · Charlotte'S Web Holdings, Inc. - Financials
Annual line items from SEC XBRL filings, sourced from EDGAR's Company Facts API with fallback to the quarterly Financial Statement Data Sets. See issuer overview for Form 4 activity and 10-K signals.
Income Statement
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Revenue | $11.16M | - | $11.50M | $12.81M | $12.26M | - | $12.59M | $12.29M | $12.12M | - |
| Cost of Revenue | $5.96M | - | $7.03M | $6.82M | $6.03M | - | $5.91M | $9.71M | $5.21M | - |
| Gross Profit | $5.20M | - | $4.48M | $5.99M | $6.23M | - | $6.67M | $2.58M | $6.91M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $9.53M | - | $9.73M | $10.06M | $11.58M | - | $12.69M | $14.73M | $15.28M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $1.68M | - | - | - | $2.45M | - | - | - | $2.49M | - |
| Operating Income | ($4.32M) | - | ($5.25M) | ($4.07M) | ($5.35M) | - | ($6.02M) | ($12.14M) | ($8.37M) | - |
| Interest Expense | - | - | - | - | - | - | - | - | - | - |
| Income Tax | ($3.0K) | - | ($36.0K) | ($2.0K) | $0 | - | $0 | $46.0K | $16.0K | - |
| Net Income | ($13.11M) | - | ($5.82M) | ($6.29M) | ($6.21M) | - | ($5.79M) | ($11.06M) | ($9.63M) | - |
| EPS - Basic | ($0.08) | - | ($0.04) | ($0.04) | ($0.04) | - | ($0.04) | ($0.07) | ($0.06) | - |
| EPS - Diluted | ($0.08) | - | ($0.04) | ($0.04) | ($0.04) | - | ($0.04) | ($0.07) | ($0.06) | - |
Balance Sheet
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Cash & Equivalents | $5.20M | $8.04M | $9.81M | $15.27M | $19.36M | $22.62M | $24.62M | $32.53M | $38.51M | $47.82M |
| Accounts Receivable | $1.41M | $811.0K | $1.09M | $2.00M | $1.53M | $1.26M | $1.60M | $1.87M | $1.73M | $1.95M |
| Inventory | $17.18M | $18.02M | $19.83M | $19.40M | $18.92M | $18.91M | $19.53M | $18.67M | $22.49M | $21.54M |
| Accounts Payable | $2.59M | $2.19M | $2.72M | $3.23M | $3.94M | $3.43M | $3.36M | $4.35M | $3.99M | $2.86M |
| Current Assets | $27.12M | $30.36M | $34.47M | $39.71M | $44.01M | $46.98M | $49.99M | $56.93M | $68.26M | $78.17M |
| Total Assets | $70.69M | $75.27M | $81.60M | $87.98M | $108.02M | $113.44M | $119.64M | $129.79M | $141.78M | $152.55M |
| Current Liabilities | $8.10M | $8.66M | $8.87M | $10.36M | $18.49M | $15.94M | $16.48M | $18.47M | $19.63M | $23.65M |
| Long-term Debt | - | - | - | - | - | - | - | - | - | - |
| Total Liabilities | $85.73M | $77.31M | $72.35M | $73.05M | $86.96M | $86.36M | $89.40M | $93.97M | $95.11M | $96.99M |
| Stockholders' Equity | ($15.04M) | ($2.04M) | $9.25M | $14.93M | $21.06M | $27.09M | $30.24M | $35.83M | $46.67M | $55.56M |
| Retained Earnings | ($344.42M) | ($331.31M) | ($319.89M) | ($314.07M) | ($307.78M) | ($301.57M) | ($298.20M) | ($292.41M) | ($281.36M) | ($271.72M) |
Cash Flow
| Line item | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Operating Cash Flow | ($2.78M) | - | - | - | ($2.77M) | - | - | - | ($7.18M) | - |
| Investing Cash Flow | ($17.0K) | - | - | - | ($493.0K) | - | - | - | ($2.03M) | - |
| Financing Cash Flow | ($41.0K) | - | - | - | $0 | - | - | - | ($98.0K) | - |
| CapEx | $21.0K | - | - | - | $521.0K | - | - | - | $2.06M | - |
| Free Cash Flow | ($2.80M) | - | - | - | ($3.29M) | - | - | - | ($9.24M) | - |
Ratios
| Metric | Q1 '26 | Q4 '25 | Q3 '25 | Q2 '25 | Q1 '25 | Q4 '24 | Q3 '24 | Q2 '24 | Q1 '24 | Q4 '23 |
|---|---|---|---|---|---|---|---|---|---|---|
| Profitability | ||||||||||
| Gross margin | 46.6% | - | 38.9% | 46.8% | 50.8% | - | 53.0% | 21.0% | 57.0% | - |
| Operating margin | -38.7% | - | -45.7% | -31.8% | -43.6% | - | -47.8% | -98.8% | -69.0% | - |
| EBITDA margin | -23.7% | - | - | - | -23.6% | - | - | - | -48.5% | - |
| Net margin | -117.5% | - | -50.6% | -49.1% | -50.7% | - | -46.0% | -90.0% | -79.5% | - |
| Free cash flow margin | -25.1% | - | - | - | -26.8% | - | - | - | -76.2% | - |
| FCF / Net income | 0.21 | - | - | - | 0.53 | - | - | - | 0.96 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 85.4% | - | 84.6% | 78.6% | 94.4% | - | 100.8% | 119.8% | 126.0% | - |
| Effective tax rate | - | - | - | - | - | - | - | - | - | - |
| Return on assets | -18.5% | - | -7.1% | -7.1% | -5.8% | - | -4.8% | -8.5% | -6.8% | - |
| Return on equity | 87.2% | - | -62.9% | -42.1% | -29.5% | - | -19.1% | -30.9% | -20.6% | - |
| Return on invested capital | - | - | - | - | - | - | - | - | - | - |
| Liquidity | ||||||||||
| Current ratio | 3.35 | 3.51 | 3.89 | 3.83 | 2.38 | 2.95 | 3.03 | 3.08 | 3.48 | 3.31 |
| Quick ratio | 1.23 | 1.42 | 1.65 | 1.96 | 1.36 | 1.76 | 1.85 | 2.07 | 2.33 | 2.40 |
| Cash ratio | 0.64 | 0.93 | 1.11 | 1.47 | 1.05 | 1.42 | 1.49 | 1.76 | 1.96 | 2.02 |
| Leverage | ||||||||||
| Debt / Equity | - | - | - | - | - | - | - | - | - | - |
| Debt / Assets | - | - | - | - | - | - | - | - | - | - |
| Debt / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Interest coverage | - | - | - | - | - | - | - | - | - | - |
| Equity multiplier | -4.70 | -36.92 | 8.82 | 5.89 | 5.13 | 4.19 | 3.96 | 3.62 | 3.04 | 2.75 |
| Liabilities / Assets | 1.21 | 1.03 | 0.89 | 0.83 | 0.81 | 0.76 | 0.75 | 0.72 | 0.67 | 0.64 |
| Efficiency | ||||||||||
| Asset turnover | 0.16 | - | 0.14 | 0.15 | 0.11 | - | 0.11 | 0.09 | 0.09 | - |
| Inventory turnover | 0.35 | - | 0.35 | 0.35 | 0.32 | - | 0.30 | 0.52 | 0.23 | - |
| Days sales outstanding | 46d | - | 35d | 57d | 46d | - | 47d | 56d | 52d | - |
| Days inventory outstanding | 1053d | - | 1030d | 1039d | 1145d | - | 1205d | 702d | 1574d | - |
| Days payable outstanding | 159d | - | 141d | 173d | 239d | - | 207d | 164d | 279d | - |
| Cash conversion cycle | 941d | - | 923d | 923d | 952d | - | 1045d | 594d | 1347d | - |
| Valuation | ||||||||||
| P / E | - | - | - | - | - | - | - | - | - | - |
| P / B | - | - | 2.9x | 1.0x | 0.7x | - | 0.7x | 0.8x | 0.7x | - |
| P / S | 10.5x | - | 2.4x | 1.2x | 1.2x | - | 1.8x | 2.4x | 2.6x | - |
| EV / EBITDA | - | - | - | - | - | - | - | - | - | - |
| Growth | ||||||||||
| Revenue growth (YoY) | -9.0% | - | -8.6% | 4.2% | 1.1% | - | -11.9% | -23.2% | -28.7% | - |
| Revenue CAGR (3y) | -13.1% | - | -12.3% | -12.1% | -19.4% | - | - | - | - | - |
| Revenue CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Gross profit growth (YoY) | -16.5% | - | -32.9% | 132.0% | -9.9% | - | -15.8% | -71.0% | -30.3% | - |
| Operating income growth (YoY) | 19.1% | - | 12.7% | 66.5% | 36.1% | - | 49.7% | -13.4% | -10.2% | - |
| Net income growth (YoY) | -111.1% | - | -0.5% | 43.1% | 35.5% | - | 61.8% | - | -230.8% | - |
| EPS growth (YoY) | -100.0% | - | 0.0% | 42.9% | 33.3% | - | 60.0% | - | -200.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | 14.9% | - | - | - | 64.4% | - | - | - | - | - |
| FCF CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | - | - | -69.4% | -58.3% | -54.9% | -51.2% | -52.6% | -54.3% | -37.7% | -28.3% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$49.90M totalReportable Segment$49.90M · 100.0%
Product / service
$49.90M totalProduct$49.60M · 99.4%
Service$300.0K · 0.6%
Peer comparison
Same SIC group: Agricultural Production-Crops
| Company | Revenue (last FY) | Net margin | ROE |
|---|---|---|---|
| FDP | $4.32B | 2.1% | 4.5% |
| CTVA | $17.40B | 6.3% | 4.5% |
| VRNO | $821.50M | -31.4% | -36.6% |
| CBSTF | - | - | - |
| GTII/GTBIF | $1.18B | 9.7% | 6.0% |
Comparing Charlotte's Web Holdings against the 5 most active filers in the same SIC group.