Filing Flows › Willamette Valley Vineyards (WVVI) › Q2 2025
Willamette Valley Vineyards (WVVI) Q2 2025 earnings results (second quarter 2025)
10-Q filed Aug 12, 2025
Willamette Valley Vineyards (WVVI) reported revenue of $10.2M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +35% from the quarter before. Operating margin was 3.9%, net earnings $93K (0.9% of revenue).
Willamette Valley Vineyards, Q2 2025: revenue $10.2M (-1% year over year), operating margin 3.9%, net earnings $93K, operating cash flow $1.3M. The chart follows the revenue to costs, profit and cash.
| Q2 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.2M | +35% | -1% |
| Gross profit | $6.2M | +31% | -4% |
| Operating profit | $398K | — | -26% |
| Net earnings | $93K | — | -53% |
| Operating cash flow | $1.3M | — | +64% |
| Free cash flow | $1.2M | — | 27× |
What changed
Revenue was $10.2M in Q2 2025, down 1% year over year and up 35% from the previous quarter. Direct Sales was the largest line at 54% of revenue. Direct Sales lost $223K year over year (down 4%), 163% of the total change.
Gross margin was 61.0%, down 1.7 points from a year earlier. Operating profit was $398K, a 3.9% margin (down 1.3 points year over year). Operating expenses fell 2% while revenue fell 1%. Net earnings were $93K, down 53% year over year. The effective tax rate was 28.9%.
Operating cash flow was $1.3M (up 64% year over year), 1411% of net earnings. Non-cash charges added back $812K of depreciation and amortization. Working capital and other items added $405K. Capital expenditures of $67K left free cash flow of $1.2M.
Questions
What was Willamette Valley Vineyards' revenue in the second quarter 2025?
Willamette Valley Vineyards (WVVI) reported revenue of $10.2M for the second quarter 2025 (Q2 2025), -1% from a year earlier and +35% from the quarter before.
Was Willamette Valley Vineyards profitable in the second quarter 2025?
Operating profit was $398K (3.9% of revenue) and net earnings $93K.