Filing Flows › Willamette Valley Vineyards (WVVI) › Q3 2025
Willamette Valley Vineyards (WVVI) Q3 2025 earnings results (third quarter 2025)
10-Q filed Nov 13, 2025
Willamette Valley Vineyards (WVVI) reported revenue of $8.4M for the third quarter 2025 (Q3 2025), -11% from a year earlier and -18% from the quarter before. Operating margin was -14.5%, net loss $1.1M (13.1% of revenue).
Willamette Valley Vineyards, Q3 2025: revenue $8.4M (-11% year over year), operating margin -14.5%, net loss $1.1M, operating cash flow −$1.4M. The chart follows the revenue to costs, profit and cash.
| Q3 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $8.4M | -18% | -11% |
| Operating profit | −$1.2M | -405% | — |
| Net earnings | −$1.1M | -1277% | — |
| Operating cash flow | −$1.4M | -208% | — |
What changed
Revenue was $8.4M in Q3 2025, down 11% year over year and down 18% from the previous quarter. Direct Sales was the largest line at 56% of revenue. Distributor Sales lost $633K year over year (down 15%), 62% of the total change.
Gross margin was 59.9%, down 2.1 points from a year earlier. Operating costs exceeded revenue by $1.2M, an operating margin of -14.5%. Operating expenses grew 5% against a revenue fall of 11%. The quarter ended with a net loss of $1.1M, after a profit of $93K the previous quarter.
Operating cash flow was −$1.4M. Non-cash charges added back $808K of depreciation and amortization and $89K of share-based compensation. Working capital and other items used $1.2M. Capital expenditures of $90K exceeded it, leaving free cash flow of −$1.5M.
Questions
What was Willamette Valley Vineyards' revenue in the third quarter 2025?
Willamette Valley Vineyards (WVVI) reported revenue of $8.4M for the third quarter 2025 (Q3 2025), -11% from a year earlier and -18% from the quarter before.
Was Willamette Valley Vineyards profitable in the third quarter 2025?
Operating loss was $1.2M (-14.5% of revenue) and net loss $1.1M.