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 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	39.18	36.35	34.61	63.16	74.14	96.09
Revenue Growth (YoY)	4.84%	5.04%	-45.20%	-14.82%	-22.85%	0.91%
Cost of Revenue	22.42	20.54	19.79	27.59	54.73	47.51
Gross Profit	16.77	15.81	14.81	35.57	19.41	48.59
Selling, General & Admin	31.95	30.58	37.1	75.63	70.06	97.64
Other Operating Expenses	-	-	-	0.55	1.84	98
Total Operating Expenses	31.95	30.58	37.1	76.18	71.9	195.64
Operating Income	15.18	14.77	22.29	40.61	52.49	147.06
Total Non-Operating Income (Expense)	-13.28	-6.95	1.52	17.35	-6.74	-9.38
Pretax Income	28.46	21.72	20.77	23.27	59.22	137.58
Provision for Income Taxes	-0.05	-0.05	0.03	-0.53	-0.09	-0.14
Net Income	28.41	21.67	20.8	23.8	59.31	137.72
Net Income to Common	28.41	21.67	20.8	23.8	59.31	137.72
Net Income Growth	36.09%	4.19%	-12.60%	-59.88%	-56.93%	348.88%
Shares Outstanding (Basic)	159	159	158	153	147	141
Shares Outstanding (Diluted)	159	159	158	153	147	141
Shares Change (YoY)	0.66%	0.78%	3.02%	4.30%	4.17%	12.60%
EPS (Basic)	-0.23	-0.19	-0.19	-0.16	-0.40	-0.98
EPS (Diluted)	-0.23	-0.19	-0.19	-0.16	-0.40	-0.98
Shares Outstanding	159.68	159.42	158.01	154.33	152.14	144.66
Free Cash Flow	-12.74	-14.67	-25.11	-25.28	-7.57	-43.58
Free Cash Flow Per Share	-0.08	-0.09	-0.16	-0.17	-0.05	-0.31
Gross Margin	42.75%	43.49%	42.81%	56.32%	26.18%	50.56%
Operating Margin	38.78%	40.62%	64.40%	64.31%	70.79%	153.04%
Profit Margin	72.85%	59.60%	60.09%	37.68%	80.00%	143.32%
FCF Margin	-23.85%	-29.40%	-50.56%	-30.21%	-7.53%	-35.88%
EBITDA	25.19	26.59	41.97	73.9	83.39	199.81
EBITDA Margin	47.16%	53.29%	84.49%	88.31%	82.89%	164.51%
EBIT	15.18	14.77	22.29	40.61	52.49	147.06
EBIT Margin	38.78%	40.62%	64.40%	64.31%	70.79%	153.04%
Effective Tax Rate	-0.18%	-0.23%	0.13%	-2.27%	-0.15%	-0.10%

Updated May 13, 2026. Data Source: Fiscal.ai. Standard template. Financial Sources.