--- title: "Charlotte's Web Holdings, Inc. | 8-K: FY2026 Q1 Revenue: USD 11.16 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286248662.md" datetime: "2026-05-13T11:09:54.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286248662.md) - [en](https://longbridge.com/en/news/286248662.md) - [zh-HK](https://longbridge.com/zh-HK/news/286248662.md) --- # Charlotte's Web Holdings, Inc. | 8-K: FY2026 Q1 Revenue: USD 11.16 M Revenue: As of FY2026 Q1, the actual value is USD 11.16 M. EPS: As of FY2026 Q1, the actual value is USD -0.08. EBIT: As of FY2026 Q1, the actual value is USD -3.588 M. #### Revenue Consolidated net revenue for Charlotte’s Web Holdings, Inc. was $11.2 million in Q1 2026, marking a 9.0% decrease from $12.3 million in Q1 2025, primarily due to retail channel restructuring initiated in September 2025. #### Cost of Goods Sold Cost of goods sold was $5.955 million in Q1 2026, compared to $6.032 million in Q1 2025. #### Gross Profit and Margin Gross profit in Q1 2026 was $5.2 million, or 46.6% of revenue, down from $6.2 million, or 50.8% of revenue, in Q1 2025. #### Selling, General, and Administrative (SG&A) Expenses Total SG&A expenses were $9.5 million in Q1 2026, an improvement of 17.7% from $11.6 million in Q1 2025, attributed to cost optimization efforts. #### Operating Loss Operating loss was - $4.3 million in Q1 2026, an improvement from - $5.3 million in Q1 2025. #### Net Loss Net loss for Q1 2026 was - $13.1 million, compared to a net loss of - $6.2 million in Q1 2025, with the Q1 2026 net loss including an - $8.9 million non-cash charge related to the change in fair value of financial instruments. #### Adjusted EBITDA Adjusted EBITDA was - $1.7 million in Q1 2026, improving from - $2.8 million in Q1 2025, representing an approximately $1.1 million year-over-year improvement. #### Cash and Cash Equivalents Cash and cash equivalents were $5.198 million as of March 31, 2026, down from $8.035 million as of December 31, 2025, and $19.357 million as of March 31, 2025. #### Total Assets Total assets were $70.687 million as of March 31, 2026, a decrease from $75.273 million as of December 31, 2025. #### Total Liabilities Total liabilities were $85.728 million as of March 31, 2026, up from $77.312 million as of December 31, 2025, with the convertible debenture liability standing at $51.504 million as of March 31, 2026. #### Cash Flow from Operating Activities Net cash used in operating activities in Q1 2026 was - $2.779 million, which was essentially flat compared to - $2.768 million in Q1 2025. #### Capital Expenditures Capital expenditures were minimal at - $21 thousand in Q1 2026, significantly lower than - $521 thousand in Q1 2025, as the Company’s in-house manufacturing insourcing project is substantially completed. #### Outlook / Guidance Management expects gross margin to trend towards approximately 50% as insourced production efficiencies scale and transitional cost items normalize. The proposed transaction with BAT is anticipated to provide $10 million in new equity capital, eliminate the largest balance sheet liability, and strengthen liquidity for the next 12 months. Quarterly SG&A expenses are projected to remain around $10 million, reflecting a lean and appropriately scaled cost base. ### Related Stocks - [CWBHF.US](https://longbridge.com/en/quote/CWBHF.US.md) ## Related News & Research - [The Home Depot Announces First Quarter Fiscal 2026 Results; Reaffirms Fiscal 2026 Guidance | HD Stock News](https://longbridge.com/en/news/286890512.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.md) - [Correction: NextNRG to Host First Quarter 2026 Financial Results Conference Call on May 18, 2026 at 9:00 a.m. ET | NXXT Stock News](https://longbridge.com/en/news/286673001.md) - [Hafnia’s Q1 2026 Financial Results Presentation to Be Held on 27 May 2026 | HAFN Stock News](https://longbridge.com/en/news/287014236.md) - [Keysight Technologies Reports Second Quarter 2026 Results | KEYS Stock News](https://longbridge.com/en/news/286959830.md)