Filing Flows › Willamette Valley Vineyards (WVVI) › Q2 2026
Willamette Valley Vineyards (WVVI) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 12, 2026
Willamette Valley Vineyards (WVVI) reported revenue of $10.0M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +22% from the quarter before. Operating margin was -13.5%, net loss $1.4M (13.8% of revenue).
Willamette Valley Vineyards, Q2 2026: revenue $10.0M (-2% year over year), operating margin -13.5%, net loss $1.4M, operating cash flow $2.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $10.0M | +22% | -2% |
| Operating profit | −$1.4M | — | -440% |
| Net earnings | −$1.4M | — | -1598% |
| Operating cash flow | $2.0M | +145% | +49% |
| Free cash flow | $1.9M | +158% | +55% |
What changed
Revenue was $10.0M in Q2 2026, down 2% year over year and up 22% from the previous quarter. Direct Sales was the largest line at 52% of revenue. Direct Sales lost $262K year over year (down 5%), 165% of the total change.
Gross margin was 57.5%, down 3.4 points from Q2 2025. Operating costs exceeded revenue by $1.4M, an operating margin of -13.5%. Operating expenses grew 23% against a revenue fall of 2%. The fastest-growing cost line was SG&A (+66%). The quarter ended with a net loss of $1.4M, wider than the previous quarter's $565K loss.
Operating cash flow was $2.0M (up 49% year over year). Non-cash charges added back $800K of depreciation and amortization and $21K of share-based compensation. Working capital and other items added $2.5M. Capital expenditures of $29K left free cash flow of $1.9M.
Questions
What was Willamette Valley Vineyards' revenue in the second quarter 2026?
Willamette Valley Vineyards (WVVI) reported revenue of $10.0M for the second quarter 2026 (Q2 2026), -2% from a year earlier and +22% from the quarter before.
Was Willamette Valley Vineyards profitable in the second quarter 2026?
Operating loss was $1.4M (-13.5% of revenue) and net loss $1.4M.