Filing Flows › Edible Garden AG (EDBL) › Q1 2025
Edible Garden AG (EDBL) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 15, 2025
Edible Garden AG (EDBL) reported revenue of $2.7M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -30% from the quarter before. Operating margin was -107.7%, net loss $3.3M (122.3% of revenue).
Edible Garden AG, Q1 2025: revenue $2.7M (-13% year over year), operating margin -107.7%, net loss $3.3M, operating cash flow −$3.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.7M | -30% | -13% |
| Operating profit | −$2.9M | — | — |
| Net earnings | −$3.3M | — | — |
| Operating cash flow | −$3.3M | — | — |
What changed
Revenue was $2.7M in Q1 2025, down 13% year over year and down 30% from the previous quarter. Herbs, Produce & Floral was the largest line at 94% of revenue. Herbs, Produce & Floral lost $207K year over year (down 8%), 50% of the total change.
Gross margin was 3.2%, up 2.5 points from a year earlier. Operating costs exceeded revenue by $2.9M, an operating margin of -107.7%. Operating expenses fell 22% while revenue fell 13%. The quarter ended with a net loss of $3.3M, narrower than the previous quarter's $19.0M loss.
Operating cash flow was −$3.3M. Non-cash charges added back $248K of depreciation and amortization. Working capital and other items used $256K. Capital expenditures of $79K exceeded it, leaving free cash flow of −$3.4M.
Questions
What was Edible Garden AG's revenue in the first quarter 2025?
Edible Garden AG (EDBL) reported revenue of $2.7M for the first quarter 2025 (Q1 2025), -13% from a year earlier and -30% from the quarter before.
Was Edible Garden AG profitable in the first quarter 2025?
Operating loss was $2.9M (-107.7% of revenue) and net loss $3.3M.
Source: Edible Garden AG 10-Q on SEC EDGAR.