--- title: "EDIBLE GARDEN AG INC C/WTS (TO PUR COM) | 8-K: FY2026 Q1 Revenue: USD 3.341 M" type: "News" locale: "en" url: "https://longbridge.com/en/news/286558689.md" datetime: "2026-05-15T11:42:34.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286558689.md) - [en](https://longbridge.com/en/news/286558689.md) - [zh-HK](https://longbridge.com/zh-HK/news/286558689.md) --- # EDIBLE GARDEN AG INC C/WTS (TO PUR COM) | 8-K: FY2026 Q1 Revenue: USD 3.341 M Revenue: As of FY2026 Q1, the actual value is USD 3.341 M. EPS: As of FY2026 Q1, the actual value is USD -5.25. EBIT: As of FY2026 Q1, the actual value is USD -6.528 M. ### Financial & Operating Highlights (Three Months Ended March 31, 2026 vs. 2025) #### Revenue Revenue increased approximately 22.9% to $3.3 million for the three months ended March 31, 2026, compared to $2.7 million for the same period in 2025, an increase of approximately $0.6 million . The increase was primarily driven by continued growth in the Company’s cut herb portfolio . #### Segment Revenue Growth (Year-over-Year) Cut Herb Sales increased approximately 46% . Vitamin and Supplements Sales increased approximately 27% . International Sales increased approximately 50% . Condiment Sales increased approximately 51% . #### Operating Expenses Total operating expenses were $10.0 million for the three months ended March 31, 2026, up from $5.6 million for the same period in 2025, representing a $4.4 million or 77.5% increase . This increase was primarily due to higher cost of goods sold and increased depreciation and amortization . Cost of goods sold was $4.39 million in Q1 2026, compared to $2.79 million in Q1 2025 . Selling, general and administrative expenses were $2.91 million in Q1 2026, compared to $2.61 million in Q1 2025 . Depreciation and amortization expenses were $2.72 million in Q1 2026, significantly up from $0.25 million in Q1 2025, primarily due to accelerated depreciation of certain fixed assets related to the pivot to RTD clean nutrition manufacturing . #### Loss from Operations Loss from operations was - $6.68 million for the three months ended March 31, 2026, compared to - $2.93 million for the same period in 2025 . #### Income Tax Benefit The Company recorded an income tax benefit of approximately $3.4 million for the three months ended March 31, 2026, mainly from a valuation allowance release connected to the sale of certain state tax benefits . #### Other Income (Expenses) Interest expense, net was - $0.15 million in Q1 2026, compared to - $0.44 million in Q1 2025 . Loss on sale of tax benefit was - $0.24 million in Q1 2026 . Other income was $0.04 million in Q1 2026, compared to $0.04 million in Q1 2025 . #### Net Loss Net loss was - $3.67 million for the three months ended March 31, 2026, compared to - $3.32 million for the same period in 2025 . ### Outlook / Guidance Edible Garden believes the ready-to-drink (RTD) category presents a significant long-term opportunity, with the global RTD market projected to grow from approximately $842.5 billion in 2025 to roughly $1.26 trillion by 2033 . The Company anticipates growing demand for scalable domestic production of clean-label, shelf-stable functional nutrition products . Edible Garden is focused on executing these opportunities to potentially achieve improved margins, greater scalability, and long-term value creation . ### Related Stocks - [EDBLW.US](https://longbridge.com/en/quote/EDBLW.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) - [Virgin Galactic files for $40.2M mixed securities shelf offering](https://longbridge.com/en/news/286518380.md) - [ONWARD Medical to Announce First Quarter 2026 Results on May 26, 2026 | ONWRY Stock News](https://longbridge.com/en/news/286858298.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) - [Does IFF’s Madagascar Vanilla Push and Reaffirmed Guidance Signal Durable Earnings Quality?](https://longbridge.com/en/news/286945270.md)