Charlotte's Web Holdings, Inc. financial statements
Income statement, balance sheet and cash flow statement for the last 6 fiscal years, taken from the XBRL data Charlotte's Web Holdings, Inc. files with the SEC in its annual reports.
In USD millions, except per-share amounts. Outflows in the cash flow statement are negative.
Income statement
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Revenue
95.2
96.1
74.1
63.2
49.7
49.9
Cost of revenue
42.9
47.5
54.7
27.6
28.4
28.2
Gross profit
52.3
48.6
19.4
35.6
21.3
21.7
Research and development
5.95
5.5
3.44
2.96
2.33
1.81
Selling, general and administrative
104
97.6
70.1
75.6
53.2
42
Operating income
-51.3
-147
-52.5
-40.6
-32
-20.3
Other non-operating income
1.33
0.05
0.74
-2.69
1.57
-2.27
Pre-tax income
-38.7
-138
-59.2
-23.3
-29.8
-29.8
Income tax
-8.01
0.14
0.09
0.53
0.04
-0.07
Net income
-30.7
-138
-59.3
-23.8
-29.8
-29.7
EBITDA
-44.5
-136
-43.5
-25.5
-22
-13.9
EPS, basic
-0.25
-0.98
-0.40
-0.16
-0.19
-0.19
EPS, diluted
-0.25
-0.98
-0.40
-0.16
-0.19
-0.19
Shares, basic (weighted)
125
141
147
153
158
159
Shares, diluted (weighted)
125
141
147
153
158
159
Balance sheet
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Cash and equivalents
52.8
19.5
67
47.8
22.6
8.04
Receivables
4.79
4.88
1.85
1.95
1.26
0.81
Inventory
63.2
52.1
27
21.5
18.9
18
Other current assets
8.85
8.59
8
6.86
4.19
3.49
Total current assets
144
95.8
104
78.2
47
30.4
Property, plant and equipment
39.4
36.1
29.3
27.5
26.3
22.7
Lease right-of-use assets
21
20.7
16.5
14.6
12.9
11.3
Goodwill
76
0
0
Intangible assets
25.4
2.84
1.77
0.89
1.05
0.79
Other non-current assets
5.18
2.06
5.77
0.7
0.63
Total assets
311
172
188
153
113
75.3
Accounts payable
4.89
5.05
4.02
2.86
3.43
2.19
Accrued liabilities
12.8
9.57
7.34
8.68
5.25
5.05
Total current liabilities
28.9
20.2
21.4
23.6
15.9
8.66
Lease liabilities
20.6
20.5
17.9
15.7
13.7
12.2
Other non-current liabilities
0.01
Total liabilities
56.5
41.1
110
97
86.4
77.3
Paid-in capital
305
319
325
327
329
329
Retained earnings
-50.9
-189
-248
-272
-302
-331
Shareholders' equity
254
130
77.5
55.6
27.1
-2.04
Total equity
254
130
77.5
55.6
27.1
-2.04
Total liabilities and equity
311
172
188
153
113
75.3
Shares outstanding
107
145
152
154
158
159
Cash flow statement
FY2021
FY2021
FY2022
FY2023
FY2024
FY2025
Net income
-30.7
-138
-59.3
-23.8
-29.8
-29.7
Depreciation and amortization
6.85
11
8.97
15.2
9.98
6.32
Stock-based compensation
4.33
5.48
3.4
2.1
1.52
0.66
Deferred income tax
0.02
0
0
0.54
-0.01
-0.1
Change in receivables
1.47
-0.95
2.95
-0.81
0.36
0.37
Change in inventory
-1.78
1.02
1.73
4.38
-1.52
0.11
Change in payables
-8.08
-2.91
-3.58
0.15
-1.66
-1.09
Cash from operations
-52
-29.6
-5.32
-15.4
-21.3
-14.1
Capital expenditures
-28.3
-4.92
-0.27
-3.69
-3.85
-0.55
Cash from investing
-19.2
-11.8
0.4
-3.51
-3.8
-0.41
Stock issued
53.8
8.26
-0.06
Cash from financing
55.4
8.04
52.4
-0.25
-0.15
-0.05
Net change in cash
-15.8
-33.3
47.5
-19.1
-25.2
-14.6
Free cash flow
-80.3
-34.5
-5.58
-19.1
-25.1
-14.7
Income taxes paid
0.03
0.03
Key metrics
Worked out from the statements above. Latest values use the trailing twelve months to June 30, 2026; growth uses fiscal years. Valuation uses the share price of $0.28 on September 28, 2026.
Profitability
Metric
Value
How it is calculated
Gross margin
42.4%
Gross profit / revenue.
Operating margin
-41.7%
Operating income / revenue.
EBITDA margin
-27.7%
EBITDA (operating income + depreciation and amortization) / revenue.
Pre-tax margin
-73.7%
Pre-tax income / revenue.
Net margin
-73.6%
Net income / revenue.
FCF margin
-23.5%
Free cash flow (cash from operations - capital expenditures) / revenue.
Operating cash flow margin
-23.6%
Cash from operations / revenue.
Return on equity (ROE)
-61.5%
Net income / average shareholders' equity (opening and closing). Not shown when equity is negative.
Return on assets (ROA)
-45.1%
Net income / average total assets.
Return on invested capital (ROIC)
-36.7%
Approximation: operating income x (1 - tax rate) / average (total debt + equity - cash). Tax rate is the effective rate when between 0% and 50%, else 21%.
SG&A / revenue
84.0%
Selling, general and administrative expense / revenue.
Stock-based pay / revenue
2.0%
Stock-based compensation (from the cash flow statement) / revenue.
Capex / revenue
0.1%
Capital expenditures / revenue.
D&A / revenue
13.9%
Depreciation and amortization / revenue.
Growth
Metric
Value
How it is calculated
Revenue growth, 1y
0.5%
Revenue vs the same period a year earlier. Only from a positive base.
Revenue CAGR, 3y
-12.4%
Compound annual growth of revenue over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Revenue CAGR, 5y
-12.1%
Compound annual growth of revenue over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Gross profit growth, 1y
2.1%
Gross profit vs the same period a year earlier. Only from a positive base.
Gross profit CAGR, 3y
3.8%
Compound annual growth of gross profit over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Gross profit CAGR, 5y
-16.1%
Compound annual growth of gross profit over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Book value growth, 1y
-107.5%
Book value vs the same period a year earlier. Only from a positive base.
Total assets growth, 1y
-33.6%
Total assets vs the same period a year earlier. Only from a positive base.
Total assets CAGR, 3y
-26.2%
Compound annual growth of total assets over 3 fiscal years: (end / start)^(1/3) - 1. Only when both values are positive.
Total assets CAGR, 5y
-24.7%
Compound annual growth of total assets over 5 fiscal years: (end / start)^(1/5) - 1. Only when both values are positive.
Share count change, 1y
0.8%
Change in diluted weighted shares vs a year earlier. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 3y
2.7%
Change in diluted weighted shares, per year over 3 years. Negative means buybacks shrank the share count; positive means dilution.
Share count change per year, 5y
4.9%
Change in diluted weighted shares, per year over 5 years. Negative means buybacks shrank the share count; positive means dilution.
Balance sheet health
Metric
Value
How it is calculated
Current ratio
4.19x
Current assets / current liabilities.
Quick ratio
1.86x
(Cash + short-term investments + receivables) / current liabilities.
Cash ratio
1.69x
(Cash + short-term investments) / current liabilities.
Days inventory + days sales outstanding - days payables.
Per share
Metric
Value
How it is calculated
EPS, diluted
-$0.17
Net income per diluted share, as reported (split-adjusted). Over the last twelve months: the four quarters summed, or net income / latest diluted shares when a quarter has no reported EPS.
Revenue per share
$0.24
Revenue / diluted weighted shares.
FCF per share
-$0.06
Free cash flow / diluted weighted shares.
Operating cash flow per share
-$0.06
Cash from operations / diluted weighted shares.
Book value per share
$0.21
Shareholders' equity / shares outstanding (diluted weighted shares when not reported).
Market cap + total debt - cash - short-term investments.
P/S
1.62x
Market cap / revenue.
P/B
1.35x
Market cap / shareholders' equity. Only when equity is positive.
Price / tangible book
1.37x
Market cap / tangible book value, when positive.
EV/Sales
1.32x
Enterprise value / revenue.
FCF yield
-14.5%
Free cash flow / market cap.
Earnings yield
-45.4%
Net income / market cap (the inverse of P/E).
What was Charlotte's Web Holdings, Inc.'s revenue in fiscal 2025?
Charlotte's Web Holdings, Inc. reported revenue of $49.9M for fiscal 2025, 0.5% higher than the year before.
Was Charlotte's Web Holdings, Inc. profitable in fiscal 2025?
No. It reported a net loss of $29.7M.
How much free cash flow did Charlotte's Web Holdings, Inc. generate in fiscal 2025?
Cash from operations of $14.1M minus capital expenditures of $549.0K left free cash flow of -$14.7M.
Source: SEC EDGAR XBRL company facts. Where a company tags only year-to-date figures, quarters are worked out as differences. Where a line is not tagged it is left empty, never estimated.