WVVI · Willamette Valley Vineyards, Inc.

0001199835-26-000146

Summary

Q1 revenue grew 9.5% to $8.3M driven by distributor sales, narrowing operating losses 22.1% to -$678K through expense discipline while generating $795K operating cash flow amid seasonal pressures.

Key takeaways

Gross profit +5.7% to $5.0M but margin declined to 60.9% due to higher distributor sales mix with lower margins and vintage differences.
Operating loss improved 22.1% to -$677.8K from -$870.0K as selling expenses rose modestly while G&A expenses decreased.
Net loss narrowed 22.5% to -$565.1K from -$729.0K, reflecting operational improvements.

Full analysis

Net income followed suit, improving 22.5% to a $565.1 thousand loss from $729.0 thousand. The operating margin stood at -8.2%, still negative due to Q1 seasonality but showing progress.