CWGL · Crimson Wine Group, Ltd - 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 | $18.26M | - | $13.32M | $17.00M | $14.46M | - | $16.91M | $17.25M | $15.93M | - |
| Cost of Revenue | $10.35M | - | $7.03M | $9.25M | $7.81M | - | $8.81M | $8.46M | $8.23M | - |
| Gross Profit | $7.91M | - | $6.29M | $7.75M | $6.65M | - | $8.10M | $8.79M | $7.70M | - |
| R&D | - | - | - | - | - | - | - | - | - | - |
| SG&A | $8.50M | - | $7.46M | $8.16M | $8.19M | - | $8.41M | $8.68M | $8.59M | - |
| Total Operating Expenses | - | - | - | - | - | - | - | - | - | - |
| D&A | $1.62M | - | $1.72M | $1.73M | $1.73M | - | $1.73M | $1.72M | $1.73M | - |
| Operating Income | ($579.0K) | - | ($1.16M) | ($443.0K) | ($1.54M) | - | ($301.0K) | ($46.0K) | ($1.11M) | - |
| Interest Expense | $456.0K | - | $225.0K | $62.0K | $240.0K | - | $234.0K | $69.0K | $240.0K | - |
| Income Tax | ($234.0K) | - | $426.0K | ($108.0K) | ($356.0K) | - | $12.0K | $51.0K | ($243.0K) | - |
| Net Income | ($630.0K) | - | $943.0K | ($131.0K) | ($936.0K) | - | $38.0K | $128.0K | ($633.0K) | - |
| EPS - Basic | ($0.03) | - | $0.05 | ($0.01) | ($0.05) | - | $0.00 | $0.01 | ($0.03) | - |
| EPS - Diluted | ($0.03) | - | $0.05 | ($0.01) | ($0.05) | - | $0.00 | $0.01 | ($0.03) | - |
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 | $14.33M | $20.59M | $23.57M | $22.20M | $12.66M | $21.03M | $24.34M | $16.86M | $22.61M | $22.78M |
| Accounts Receivable | $12.24M | $12.13M | $6.21M | $8.73M | $5.28M | $9.37M | $6.97M | $5.90M | $6.95M | $7.68M |
| Inventory | $91.27M | $66.97M | $68.95M | $61.50M | $62.04M | $62.09M | $64.90M | $57.45M | $58.15M | $58.09M |
| Accounts Payable | - | - | - | - | - | - | - | - | - | - |
| Current Assets | $127.65M | $109.22M | $100.68M | $94.16M | $93.11M | $97.97M | $100.18M | $92.82M | $92.62M | $98.62M |
| Total Assets | $243.06M | $215.48M | $218.02M | $211.98M | $211.45M | $218.16M | $221.62M | $214.76M | $214.40M | $222.09M |
| Current Liabilities | $11.06M | $11.35M | $14.52M | $9.60M | $8.56M | $13.15M | $17.73M | $9.73M | $9.02M | $14.64M |
| Long-term Debt | $43.00M | $14.28M | $14.56M | $14.85M | $15.13M | $15.41M | $15.69M | $15.98M | $16.26M | $16.54M |
| Total Liabilities | $56.91M | $28.71M | $32.01M | $26.95M | $26.30M | $31.59M | $36.03M | $28.29M | $27.78M | $33.93M |
| Stockholders' Equity | $186.16M | $186.77M | $186.01M | $185.02M | $185.15M | $186.56M | $185.58M | $186.47M | $186.61M | $188.16M |
| Retained Earnings | ($92.63M) | ($92.00M) | ($92.74M) | ($93.70M) | ($93.54M) | ($92.26M) | ($93.15M) | ($92.68M) | ($92.39M) | ($90.72M) |
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 | $2.36M | - | - | - | $113.0K | - | - | - | ($3.66M) | - |
| Investing Cash Flow | ($37.33M) | - | - | - | ($7.85M) | - | - | - | $4.82M | - |
| Financing Cash Flow | $28.71M | - | - | - | ($631.0K) | - | - | - | ($1.33M) | - |
| CapEx | $536.0K | - | - | - | $187.0K | - | - | - | $467.0K | - |
| Free Cash Flow | $1.82M | - | - | - | ($74.0K) | - | - | - | ($4.12M) | - |
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 | 43.3% | - | 47.2% | 45.6% | 46.0% | - | 47.9% | 51.0% | 48.3% | - |
| Operating margin | -3.2% | - | -8.7% | -2.6% | -10.7% | - | -1.8% | -0.3% | -6.9% | - |
| EBITDA margin | 5.7% | - | 4.2% | 7.5% | 1.3% | - | 8.4% | 9.7% | 3.9% | - |
| Net margin | -3.4% | - | 7.1% | -0.8% | -6.5% | - | 0.2% | 0.7% | -4.0% | - |
| Free cash flow margin | 10.0% | - | - | - | -0.5% | - | - | - | -25.9% | - |
| FCF / Net income | -2.89 | - | - | - | 0.08 | - | - | - | 6.52 | - |
| R&D / Revenue | - | - | - | - | - | - | - | - | - | - |
| SG&A / Revenue | 46.5% | - | 56.0% | 48.0% | 56.7% | - | 49.8% | 50.3% | 53.9% | - |
| Effective tax rate | - | - | 31.1% | - | - | - | 24.0% | 28.5% | - | - |
| Return on assets | -0.3% | - | 0.4% | -0.1% | -0.4% | - | 0.0% | 0.1% | -0.3% | - |
| Return on equity | -0.3% | - | 0.5% | -0.1% | -0.5% | - | 0.0% | 0.1% | -0.3% | - |
| Return on invested capital | -0.2% | - | -0.4% | -0.2% | -0.6% | - | -0.1% | -0.0% | -0.4% | - |
| Liquidity | ||||||||||
| Current ratio | 11.54 | 9.62 | 6.93 | 9.80 | 10.88 | 7.45 | 5.65 | 9.54 | 10.27 | 6.74 |
| Quick ratio | 3.29 | 3.72 | 2.19 | 3.40 | 3.63 | 2.73 | 1.99 | 3.64 | 3.82 | 2.77 |
| Cash ratio | 1.30 | 1.81 | 1.62 | 2.31 | 1.48 | 1.60 | 1.37 | 1.73 | 2.51 | 1.56 |
| Leverage | ||||||||||
| Debt / Equity | 0.23 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.08 | 0.09 | 0.09 | 0.09 |
| Debt / Assets | 0.18 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.07 | 0.08 | 0.07 |
| Debt / EBITDA | 41.19 | - | 25.91 | 11.57 | 78.80 | - | 10.98 | 9.56 | 26.01 | - |
| Interest coverage | -1.3x | - | -5.1x | -7.1x | -6.4x | - | -1.3x | -0.7x | -4.6x | - |
| Equity multiplier | 1.31 | 1.15 | 1.17 | 1.15 | 1.14 | 1.17 | 1.19 | 1.15 | 1.15 | 1.18 |
| Liabilities / Assets | 0.23 | 0.13 | 0.15 | 0.13 | 0.12 | 0.14 | 0.16 | 0.13 | 0.13 | 0.15 |
| Efficiency | ||||||||||
| Asset turnover | 0.08 | - | 0.06 | 0.08 | 0.07 | - | 0.08 | 0.08 | 0.07 | - |
| Inventory turnover | 0.11 | - | 0.10 | 0.15 | 0.13 | - | 0.14 | 0.15 | 0.14 | - |
| Days sales outstanding | 245d | - | 170d | 187d | 133d | - | 150d | 125d | 159d | - |
| Days inventory outstanding | 3218d | - | 3581d | 2427d | 2899d | - | 2689d | 2480d | 2578d | - |
| Days payable outstanding | - | - | - | - | - | - | - | - | - | - |
| Cash conversion cycle | - | - | - | - | - | - | - | - | - | - |
| Valuation | ||||||||||
| P / E | - | - | 103.6x | - | - | - | - | 597.0x | - | - |
| P / B | 0.5x | - | 0.6x | 0.6x | 0.6x | - | 0.7x | 0.7x | 0.6x | - |
| P / S | 5.0x | - | 8.0x | 6.7x | 8.2x | - | 7.7x | 7.2x | 7.6x | - |
| EV / EBITDA | 114.4x | - | 173.7x | 82.5x | 631.3x | - | 85.6x | 73.8x | 183.8x | - |
| Growth | ||||||||||
| Revenue growth (YoY) | 26.3% | - | -21.3% | -1.4% | -9.2% | - | -6.2% | -2.7% | 4.7% | - |
| Revenue CAGR (3y) | 6.3% | - | -7.2% | -2.0% | -8.1% | - | -0.4% | -0.3% | 3.0% | - |
| Revenue CAGR (5y) | 4.6% | - | -3.4% | 4.6% | -0.0% | - | 2.9% | 1.1% | 1.0% | - |
| Gross profit growth (YoY) | 19.0% | - | -22.4% | -11.8% | -13.6% | - | -3.8% | 2.3% | 11.0% | - |
| Operating income growth (YoY) | 62.4% | - | -284.1% | -863.0% | -39.2% | - | - | - | -23.9% | - |
| Net income growth (YoY) | 32.7% | - | 2381.6% | - | -47.9% | - | -97.8% | -76.6% | -3.4% | - |
| EPS growth (YoY) | 40.0% | - | - | - | -66.7% | - | - | -66.7% | 0.0% | - |
| EPS CAGR (3y) | - | - | - | - | - | - | - | - | - | - |
| EPS CAGR (5y) | - | - | - | - | - | - | - | - | - | - |
| FCF growth (YoY) | - | - | - | - | 98.2% | - | - | - | -12.0% | - |
| FCF CAGR (5y) | -4.2% | - | - | - | - | - | - | - | - | - |
| Book value growth (YoY) | 0.5% | 0.1% | 0.2% | -0.8% | -0.8% | -0.8% | -1.0% | -0.1% | 0.1% | 0.6% |
Sales by segment
From XBRL dimensional facts in the 10-K period ending 2025-12-31.
Business segments
$61.95M totalWholesalers$35.53M · 57.3%
Direct To Consumers$26.42M · 42.7%
Peer comparison
Same SIC group: Beverages
Comparing Crimson Wine Group against the 5 most active filers in the same SIC group.