Filing Flows › Willamette Valley Vineyards (WVVI) › Q1 2025
Willamette Valley Vineyards (WVVI) Q1 2025 earnings results (first quarter 2025)
10-Q filed May 13, 2025
Willamette Valley Vineyards (WVVI) reported revenue of $7.5M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -33% from the quarter before. Operating margin was -11.5%, net loss $729K (9.7% of revenue).
Willamette Valley Vineyards, Q1 2025: revenue $7.5M (-14% year over year), operating margin -11.5%, net loss $729K, operating cash flow −$1.3M. The chart follows the revenue to costs, profit and cash.
| Q1 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.5M | -33% | -14% |
| Operating profit | −$870K | -212% | — |
| Net earnings | −$729K | -249% | — |
| Operating cash flow | −$1.3M | — | — |
What changed
Revenue was $7.5M in Q1 2025, down 14% year over year and down 33% from the previous quarter. Direct Sales was the largest line at 57% of revenue. Distributor Sales lost $1.3M year over year (down 28%), 102% of the total change.
Gross margin was 63.1%, up 3.2 points from a year earlier. Operating costs exceeded revenue by $870K, an operating margin of -11.5%. Operating expenses fell 4% while revenue fell 14%. The quarter ended with a net loss of $729K, after a profit of $491K the previous quarter.
Operating cash flow was −$1.3M. Non-cash charges added back $821K of depreciation and amortization. Working capital and other items used $1.4M. Capital expenditures of $99K exceeded it, leaving free cash flow of −$1.4M.
Questions
What was Willamette Valley Vineyards' revenue in the first quarter 2025?
Willamette Valley Vineyards (WVVI) reported revenue of $7.5M for the first quarter 2025 (Q1 2025), -14% from a year earlier and -33% from the quarter before.
Was Willamette Valley Vineyards profitable in the first quarter 2025?
Operating loss was $870K (-11.5% of revenue) and net loss $729K.