Charlotte's Web Holdings Income Statement

Financials in millions USD. Fiscal year is January - December.

Millions USD. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	46	49.67	63.16	74.14	96.09	95.23
Revenue Growth (YoY)	-7.20%	-21.36%	-14.82%	-22.85%	0.91%	0.67%
Cost of Revenue	25.47	28.41	27.59	54.73	47.51	42.94
Gross Profit	20.53	21.26	35.57	19.41	48.59	52.29
Selling, General & Admin	39.18	53.25	75.63	70.06	97.64	103.63
Other Operating Expenses	-	-	0.55	1.84	98	-
Total Operating Expenses	39.18	53.25	76.18	71.9	195.64	103.63
Operating Income	18.65	31.99	40.61	52.49	147.06	51.34
Other Non-Operating Income (Expense)	-1.45	2.18	17.35	-6.74	-9.38	-9.99
Total Non-Operating Income (Expense)	-1.45	2.18	17.35	-6.74	-9.38	-9.99
Pretax Income	20.1	29.81	23.27	59.22	137.58	38.7
Provision for Income Taxes	-0.03	-0.04	-0.53	-0.09	-0.14	-8.01
Net Income	20.05	29.85	23.8	59.31	137.72	30.68
Net Income to Common	20.05	29.85	23.8	59.31	137.72	30.68
Net Income Growth	-40.26%	25.42%	-59.88%	-56.93%	348.88%	97.09%
Shares Outstanding (Basic)	159	158	153	147	141	125
Shares Outstanding (Diluted)	159	158	153	147	141	125
Shares Change (YoY)	1.63%	3.02%	4.30%	4.17%	12.60%	29.49%
EPS (Basic)	-0.14	-0.19	-0.16	-0.40	-0.98	-0.25
EPS (Diluted)	-0.14	-0.19	-0.16	-0.40	-0.98	-0.25
Free Cash Flow	-11.27	-25.11	-19.08	-5.58	-34.48	-80.29
Free Cash Flow Per Share	-0.07	-0.16	-0.12	-0.04	-0.24	-0.64
Gross Margin	44.63%	42.81%	56.32%	26.18%	50.56%	54.91%
Operating Margin	40.54%	64.40%	64.31%	70.79%	153.04%	53.92%
Profit Margin	43.58%	60.09%	37.68%	80.00%	143.32%	32.22%
FCF Margin	-24.51%	-50.56%	-30.21%	-7.53%	-35.88%	-84.31%
EBITDA	24.46	41.97	55.77	61.45	158.08	58.19
EBITDA Margin	53.18%	84.49%	88.31%	82.89%	164.51%	61.11%
EBIT	18.65	31.99	40.61	52.49	147.06	51.34
EBIT Margin	40.54%	64.40%	64.31%	70.79%	153.04%	53.92%
Effective Tax Rate	-0.14%	-0.13%	-2.27%	-0.15%	-0.10%	-20.71%

Updated Sep 30, 2025. Data Source: Fiscal.ai. Standard template. Financial Sources.