Filing Flows › Crimson Wine Group (CWGL) › Q2 2026
Crimson Wine Group (CWGL) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Crimson Wine Group (CWGL) reported revenue of $20.5M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +12% from the quarter before. Operating margin was 0.2%, net loss $346K (1.7% of revenue).
Crimson Wine Group, Q2 2026: revenue $20.5M (+20% year over year), operating margin 0.2%, net loss $346K, operating cash flow $6.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $20.5M | +12% | +20% |
| Operating profit | $36K | — | — |
| Net earnings | −$346K | — | — |
| Operating cash flow | $6.3M | +167% | 12× |
| Free cash flow | $5.5M | +202% | — |
What changed
Revenue was $20.5M in Q2 2026, up 20% year over year and up 12% from the previous quarter.
Gross margin was 42.1%, down 3.5 points from Q2 2025. Operating profit was $36K, a 0.2% margin (up 2.8 points year over year). Operating expenses grew 5% against revenue growth of 20%. The fastest-growing cost line was Other operating costs (+55%). The quarter ended with a net loss of $346K, narrower than the previous quarter's $630K loss. Net interest and other expense of $497K was the main reason.
Operating cash flow was $6.3M (up 1063% year over year). Non-cash charges added back $1.9M of depreciation and amortization and $17K of share-based compensation. Working capital and other items added $4.7M. Capital expenditures of $776K left free cash flow of $5.5M.
Questions
What was Crimson Wine Group's revenue in the second quarter 2026?
Crimson Wine Group (CWGL) reported revenue of $20.5M for the second quarter 2026 (Q2 2026), +20% from a year earlier and +12% from the quarter before.
Was Crimson Wine Group profitable in the second quarter 2026?
Operating profit was $36K (0.2% of revenue) and net loss $346K.
Source: Crimson Wine Group 10-Q on SEC EDGAR.