Edible Garden Delivers Strong Performance Across Core and Key Segments, Driven by Strategic Portfolio Transformation
Edible Garden (NASDAQ:EDBL) reported mixed Q2 2025 financial results as the company continues its strategic transformation. Revenue decreased to $3.1 million from $4.3 million in Q2 2024, primarily due to planned exits from low-margin floral and lettuce categories. The company posted a net loss of $4.0 million, wider than the $1.9 million loss in the prior year.
Notable growth areas included non-perishable unit sales up 17%, private label products through big box retailers up 19.1%, and international vitamin and supplements revenue surging 66.5% year-over-year. The company's hydroponic and potted herbs segment showed modest growth, with Hydroponic Basil up 7.1% and Potted Herbs up 6.4%.
The company strengthened its operational capabilities through the acquisition of NaturalShrimp's aquaculture facility in Iowa, now operating as Edible Garden Prairie Hills, enhancing R&D capabilities and distribution efficiency.
Edible Garden (NASDAQ:EDBL) ha comunicato risultati finanziari contrastanti per il secondo trimestre 2025 mentre prosegue la sua trasformazione strategica. I ricavi sono scesi a $3.1 milioni rispetto a $4.3 milioni nel Q2 2024, principalmente a causa dell'uscita pianificata dalle categorie a basso margine come fiori e lattuga. La società ha registrato una perdita netta di $4.0 milioni, più ampia rispetto alla perdita di $1.9 milioni dell'anno precedente.
Tra i settori in crescita si segnalano le vendite in unità di prodotti non deperibili, in aumento del 17%; i prodotti a marchio privato presso le grandi catene, in crescita del 19.1%; e i ricavi internazionali da vitamine e integratori, balzati del 66.5% su base annua. Il segmento degli ortaggi idroponici e delle erbe in vaso ha mostrato una crescita contenuta, con il basilico idroponico in aumento del 7.1% e le erbe in vaso del 6.4%.
La società ha rafforzato le proprie capacità operative con l'acquisizione dell'impianto di acquacoltura di NaturalShrimp in Iowa, ora operativo come Edible Garden Prairie Hills, migliorando le capacità di R&S e l'efficienza distributiva.
Edible Garden (NASDAQ:EDBL) presentó resultados financieros mixtos en el segundo trimestre de 2025 mientras continúa su transformación estratégica. Los ingresos disminuyeron a $3.1 millones desde $4.3 millones en el Q2 de 2024, principalmente por las salidas planificadas de las categorías de flores y lechuga de bajo margen. La compañía registró una pérdida neta de $4.0 millones, mayor que la pérdida de $1.9 millones del año anterior.
Entre las áreas de crecimiento destacaron las ventas unitarias de productos no perecederos, que subieron un 17%; los productos de marca propia en grandes superficies, que crecieron un 19.1%; y los ingresos internacionales por vitaminas y suplementos, que aumentaron un 66.5% interanual. El segmento de hierbas hidropónicas y en maceta mostró un crecimiento moderado, con la albahaca hidropónica al 7.1% y las hierbas en maceta al 6.4%.
La compañía reforzó sus capacidades operativas con la adquisición de la planta de acuicultura de NaturalShrimp en Iowa, que ahora opera como Edible Garden Prairie Hills, mejorando I+D y la eficiencia en la distribución.
Edible Garden (NASDAQ:EDBL)는 전략적 전환을 이어가며 2025년 2분기 혼재된 실적을 발표했습니다. 매출은 $3.1 million으로 2024년 2분기의 $4.3 million에서 감소했으며, 이는 주로 저마진인 화훼 및 상추 품목에서의 계획된 철수에 따른 것입니다. 회사는 $4.0 million의 순손실을 기록했으며, 이는 전년도의 $1.9 million 손실보다 확대된 수치입니다.
성장 분야로는 비부패성 제품의 단위 판매가 17% 증가했고, 대형 유통채널을 통한 자체 브랜드 제품이 19.1% 상승했으며, 해외 비타민·보충제 매출은 전년 대비 66.5% 급증한 점이 눈에 띕니다. 수경재배 바질은 7.1%, 화분 허브는 6.4%의 완만한 성장을 보였습니다.
회사는 아이오와의 NaturalShrimp 양식 시설을 인수해 Edible Garden Prairie Hills로 운영함으로써 연구개발 역량과 유통 효율을 강화했습니다.
Edible Garden (NASDAQ:EDBL) a publié des résultats financiers mitigés pour le deuxième trimestre 2025, alors que la société poursuit sa transformation stratégique. Le chiffre d'affaires est retombé à $3.1 million contre $4.3 million au T2 2024, principalement en raison des sorties programmées des catégories à faible marge comme les fleurs et la laitue. La société a enregistré une perte nette de $4.0 million, plus importante que la perte de $1.9 million de l'année précédente.
Parmi les axes de croissance notables figurent une hausse des ventes unitaires de produits non périssables de 17%, une progression des produits de marque distributeur dans les grandes enseignes de 19.1%, et un bond des revenus internationaux liés aux vitamines et compléments alimentaires de 66.5% en glissement annuel. Le segment des herbes hydroponiques et des plantes en pot a connu une croissance modeste : basilic hydroponique +7.1%, herbes en pot +6.4%.
La société a renforcé ses capacités opérationnelles en acquérant l'installation aquacole de NaturalShrimp dans l'Iowa, désormais exploitée sous le nom de Edible Garden Prairie Hills, améliorant ainsi les capacités de R&D et l'efficacité de la distribution.
Edible Garden (NASDAQ:EDBL) meldete gemischte Ergebnisse für das zweite Quartal 2025, während das Unternehmen seine strategische Umstellung fortsetzt. Der Umsatz sank auf $3.1 Millionen gegenüber $4.3 Millionen im Q2 2024, hauptsächlich aufgrund des geplanten Ausstiegs aus margenarmen Blumen- und Salatkategorien. Das Unternehmen verzeichnete einen Nettoverlust von $4.0 Millionen, der größer ausfiel als der Verlust von $1.9 Millionen im Vorjahr.
Wachstumsbereiche umfassten einen Anstieg der Stückverkäufe nicht verderblicher Produkte um 17%, Eigenmarkenprodukte in großen Handelsketten um 19.1% sowie einen starken Zuwachs der internationalen Umsätze mit Vitaminen und Nahrungsergänzungsmitteln um 66.5% im Jahresvergleich. Das Segment für hydroponische und Topfkräuter zeigte ein moderates Wachstum: Hydroponischer Basilikum +7.1%, Topfkräuter +6.4%.
Das Unternehmen stärkte seine operativen Fähigkeiten durch die Übernahme der Aquakulturanlage von NaturalShrimp in Iowa, die nun als Edible Garden Prairie Hills betrieben wird und die F&E-Kapazitäten sowie die Vertriebseffizienz verbessert.
- Non-perishable unit sales increased 17% year-over-year
- Private Label products through big box retailers grew 19.1%
- International vitamin and supplements revenue surged 66.5%
- Strategic acquisition of NaturalShrimp facility enhances R&D and distribution capabilities
- Successful expansion into higher-margin, shelf-stable product categories
- Revenue declined 28% to $3.1 million from $4.3 million year-over-year
- Net loss widened to $4.0 million from $1.9 million in Q2 2024
- Gross profit decreased to $634,000 from $1.56 million year-over-year
- SG&A expenses increased significantly to $4.2 million from $2.7 million
- Higher labor and raw material costs impacting margins
Insights
Edible Garden's strategic pivot shows mixed results with growing non-perishable sales but declining overall revenue and widening losses.
Edible Garden's Q2 2025 results reveal a company in strategic transition, deliberately sacrificing short-term revenue for potential long-term margin improvement. The company reported
While overall revenue declined, the company's strategic focus areas showed promising growth. Non-perishable unit sales increased
However, profitability metrics raise concerns. Gross profit declined to
The acquisition of NaturalShrimp's aquaculture facility (now Edible Garden Prairie Hills) represents a strategic bet on vertical integration and R&D capabilities in aquaponics, but its financial impact remains to be proven. The company's pivot toward higher-margin, shelf-stable products aligns with projected growth in functional food markets, but the timeline to offset revenue losses from exited categories and achieve profitability remains unclear.
Company exits low-margin product lines, invests in higher-margin, innovative CEA-informed, better-for-you shelf-stable products, and expands global reach
Conference Call to Be Held Today at 8:00 am ET.
BELVIDERE, N.J., Aug. 14, 2025 (GLOBE NEWSWIRE) -- Edible Garden AG Incorporated (“Edible Garden” or the “Company”) (Nasdaq: EDBL, EDBLW), a leader in controlled environment agriculture (CEA), locally grown, organic, better-for-you, sustainable produce and products, today reported strong core business performance for the three months ended June 30, 2025, and shared a strategic business update. This performance reflects the Company’s disciplined portfolio optimization strategy following a recent acquisition, which involved eliminating underperforming, low-margin product lines and making targeted investments in higher-margin, innovative, CEA-informed, better-for-you consumer packaged goods. These strategic initiatives position the Company to strengthen its leadership in shelf-stable, wellness-focused products that align with growing consumer demand for quality, functionality, and sustainability.
Financial & Operating Highlights for the Three Months Ended June 30, 2025
- Non-perishable unit sales increased approximately
17% year-over-year, driven by strong performance across the Company’s shelf-stable product lines including Kick. Sports Nutrition, Pickle Party™, Pulp®, and Vitamin Whey®. - Private Label products sold through major big box retailers outperformed in the second quarter, climbing
19.1% year-over-year - Hydroponic Basil up
7.1% , Potted Herbs up6.4% , and Wheatgrass up4.1% - International vitamin and supplements revenue rose
66.5% versus year-over-year
“Our results this quarter validate the disciplined choices we’ve made to focus on higher-margin, innovation-driven categories that align with where the market is headed,” said Jim Kras, Chief Executive Officer of Edible Garden. “By exiting underperforming, low-margin product lines and investing in CEA-informed, better-for-you shelf-stable products, we are building a stronger, more resilient portfolio. We believe this strategy will not only drive profitability but also position us to lead in delivering sustainable, wellness-oriented solutions to consumers worldwide.”
"Private Label products sold through major big box retailers outperformed in the second quarter, climbing
“We also strengthened our operational capabilities this quarter with the acquisition of the NaturalShrimp aquaculture facility in Iowa, now operating as Edible Garden Prairie Hills. This addition enhances our R&D in aquaponics, brings patented water treatment technologies into our IP portfolio, improves distribution efficiency potential from its central Midwest location, and provides the capacity to scale future production and launch new product lines—all of which will position us for greater innovation, efficiency, and long-term growth.”
"In the second quarter, we advanced our strategic priorities across innovation, brand expansion, and operational sustainability, delivering strong performance in both our non-perishable and fresh produce categories. This category posted unit growth, fueled by the launch of our Kick Sports Nutrition line on Amazon, which expanded our digital marketing reach, drove higher direct-to-consumer engagement, and contributed to a surge in e-commerce sales."
Demand for better-for-you CPG products is rising, with the global functional food and beverage market expected to grow from
Financial results for the three months ended June 30, 2025
Revenue was
Gross profit totaled
Selling, general and administrative expenses (“SG&A”) totaled
Net loss was
The complete financial results for the quarter ended June 30, 2025, are available in the Company’s Quarterly Report on Form 10-Q, which will be filed with the Securities and Exchange Commission and available at: www.sec.gov.
Conference Call
Edible Garden will host a conference call today at 8:00 A.M. Eastern Time to discuss the Company’s financial results for the quarter ended June 30, 2025, as well as the Company’s corporate progress and other developments.
The conference call will be available via telephone by dialing toll-free +1 877-545-0523 for U.S. callers or +1 973-528-0016 for international callers and entering access code 639542. A webcast of the call may be accessed at https://www.webcaster4.com/Webcast/Page/2914/52816 or on the investor relations section of the Company’s website, https://ediblegardenag.com/presentations/.
A webcast replay will be available on the investor relations section of the Company’s website at https://ediblegardenag.com/presentations/ through August 14, 2026. A telephone replay of the call will be available approximately one hour following the call, through August 28, 2025, and can be accessed by dialing +1 877-481-4010 for U.S. callers or +1 919-882-2331 for international callers and entering access code 52816.
ABOUT EDIBLE GARDEN®
Edible Garden AG Incorporated is a leader in controlled environment agriculture (CEA), delivering locally grown, organic, better-for-you, sustainable produce and products through its Zero-Waste Inspired® next-generation farming model. Available in over 5,000 retail locations across the United States, Caribbean, and South America, Edible Garden is at the forefront of the CEA and sustainability technology movement, distinguished by its advanced safety-in-farming protocols, sustainable packaging, patented GreenThumb software, and innovative Self-Watering in-store displays. The Company operates state-of-the-art, vertically integrated greenhouses and processing facilities, including Edible Garden Heartland in Grand Rapids, Michigan; Edible Garden Prairie Hills in Webster City, Iowa; and its headquarters at Edible Garden Belvidere in New Jersey. It also partners with a network of contract growers strategically located near major U.S. markets to ensure freshness and reduce environmental impact.
Edible Garden’s proprietary GreenThumb 2.0 software—protected by U.S. Patents US 11,158,006 B1, US 11,410,249 B2, and US 11,830,088 B2—optimizes vertical and traditional greenhouse growing conditions while aiming to reduce food miles. Its patented Self-Watering display (U.S. Patent No. D1,010,365) is designed to extend plant shelf life and elevate in-store presentation. In addition to its core CEA operations, Edible Garden owns three patents in advanced aquaculture technologies: a closed-loop shrimp farming system (US 6,615,767 B1), a modular recirculating aquaculture setup with automated water treatment and feeding (US 10,163,199 B2), and a sensor-driven ammonia control method utilizing electrolytic chlorine generation (US 11,297,809 B1).
The Company has been recognized as a FoodTech 500 firm by Forward Fooding, a leading AgriFoodTech organization, and is a Giga Guru member of Walmart’s Project Gigaton sustainability initiative. Edible Garden also develops and markets a growing line of nutrition and specialty food products, including Vitamin Way® and Vitamin Whey®—plant and whey protein powders—and Kick. Sports Nutrition, a premium performance line for health-conscious athletes seeking cleaner, better-for-you options. The Company’s offerings further include fresh, sustainable condiments such as Pulp fermented gourmet and chili-based sauces, as well as Pickle Party, a collection of fermented fresh pickles and krauts.
Learn more at https://ediblegardenag.com.
For Pulp products, visit https://www.pulpflavors.com.
For Vitamin Whey® products, visit https://vitaminwhey.com.
For Kick. Sports Nutrition products, visit https://kicksportsnutrition.net/
Watch the Company’s latest corporate video here.
Forward-Looking Statements
This press release contains forward-looking statements, including with respect to the Company’s ability to improve its financial results, the Company’s growth strategies, the Company’s ability to expand into new product lines, and its performance as a public company. The words “believe,” “design,” “expect,” “future,” “potential,” “will,” and similar expressions are intended to identify forward-looking statements. These forward-looking statements are subject to a number of risks, uncertainties, and assumptions, including market and other conditions and the Company’s ability to improve its financial performance and achieve its growth objectives, and other factors set forth in the Company’s filings with the Securities and Exchange Commission, including the Company’s annual report on Form 10-K for the year ended December 31, 2024 and subsequent quarterly reports on Form 10-Q. Actual results might differ materially from those explicit or implicit in the forward-looking statements. The Company undertakes no obligation to update any such forward-looking statements after the date hereof to conform to actual results or changes in expectations, except as required by law.
Investor Contacts:
Crescendo Communications, LLC
212-671-1020
EDBL@crescendo-ir.com
(tables follow)
| EDIBLE GARDEN AG INCORPORATED | ||||||||
| UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS | ||||||||
| (In thousands, except shares) | ||||||||
| June 30, | December 31, | |||||||
| 2025 | 2024 | |||||||
| ASSETS | ||||||||
| Current assets: | ||||||||
| Cash | $ | 2,821 | $ | 3,530 | ||||
| Accounts receivable, net | 1,211 | 1,968 | ||||||
| Inventory, net | 1,367 | 1,544 | ||||||
| Prepaid expenses and other current assets | 490 | 335 | ||||||
| Total current assets | 5,889 | 7,377 | ||||||
| Property, equipment and leasehold improvements, net | 11,006 | 3,145 | ||||||
| Operating lease right-of-use assets | 4,480 | 1,202 | ||||||
| Finance lease right-of-use assets | 92 | 114 | ||||||
| Intangible assets, net | 313 | 43 | ||||||
| Other assets | 34 | 34 | ||||||
| TOTAL ASSETS | $ | 21,814 | $ | 11,915 | ||||
| LIABILITIES AND STOCKHOLDERS' EQUITY (DEFICIT) | ||||||||
| LIABILITIES: | ||||||||
| Current liabilities: | ||||||||
| Accounts payable and other accrued expenses | $ | 2,375 | $ | 4,018 | ||||
| Current maturities of operating lease liabilities | 219 | 212 | ||||||
| Current maturities of finance lease liabilities | 43 | 41 | ||||||
| Short-term debt, net of discounts | 1,317 | 1,939 | ||||||
| Total current liabilities | 3,954 | 6,210 | ||||||
| Long-term liabilities: | ||||||||
| Long-term debt, net of discounts | 334 | 544 | ||||||
| Long-term operating lease liabilities | 881 | 992 | ||||||
| Long-term finance lease liabilities | 53 | 75 | ||||||
| Total long-term liabilities | 1,268 | 1,611 | ||||||
| Total liabilities | 5,222 | 7,821 | ||||||
| COMMITMENTS AND CONTINGENCIES | ||||||||
| MEZZANINE EQUITY | ||||||||
| Series B redeemable preferred stock | 15,000 | - | ||||||
| STOCKHOLDERS' EQUITY (DEFICIT): | ||||||||
| Common stock ( | - | - | ||||||
| Preferred stock | - | - | ||||||
| Additional paid-in capital | 50,270 | 44,946 | ||||||
| Obligation to issue shares | - | 459 | ||||||
| Accumulated deficit | (48,678 | ) | (41,311 | ) | ||||
| Total stockholders' equity (deficit) | 1,592 | 4,094 | ||||||
| TOTAL LIABILITIES, MEZZANINE EQUITY AND STOCKHOLDERS' EQUITY (DEFICIT) | $ | 21,814 | $ | 11,915 | ||||
| EDIBLE GARDEN AG INCORPORATED | ||||||||||||||||
| UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS | ||||||||||||||||
| (In thousands, except share and per-share information) | ||||||||||||||||
| Three Months Ended June 30 | Six Months Ended June 30 | |||||||||||||||
| 2025 | 2024 | 2025 | 2024 | |||||||||||||
| Revenue | $ | 3,146 | $ | 4,268 | $ | 5,864 | $ | 7,401 | ||||||||
| Cost of goods sold | 2,512 | 2,702 | 5,142 | 5,811 | ||||||||||||
| Gross profit | 634 | 1,566 | 722 | 1,590 | ||||||||||||
| Selling, general and administrative expenses | 4,227 | 2,748 | 7,242 | 6,632 | ||||||||||||
| Gain on sale of asset | - | - | (1 | ) | - | |||||||||||
| Loss from operations | (3,593 | ) | (1,182 | ) | (6,519 | ) | (5,042 | ) | ||||||||
| Other income (expenses) | ||||||||||||||||
| Interest expense, net | (389 | ) | (419 | ) | (829 | ) | (536 | ) | ||||||||
| Gain (Loss) from extinguishment of debt | (114 | ) | (335 | ) | (114 | ) | (335 | ) | ||||||||
| Other income / (loss) | 53 | 4 | 95 | 4 | ||||||||||||
| Total other income (expenses) | (450 | ) | (750 | ) | (848 | ) | (867 | ) | ||||||||
| NET LOSS | $ | (4,043 | ) | $ | (1,932 | ) | $ | (7,367 | ) | $ | (5,909 | ) | ||||
| Deemed dividend on warrants | (9,833 | ) | - | (9,833 | ) | - | ||||||||||
| NET LOSS ATTRIBUTABLE TO COMMON STOCKHOLDERS | $ | (13,876 | ) | $ | (1,932 | ) | $ | (17,200 | ) | $ | (5,909 | ) | ||||
| Net Income / (Loss) per common share - basic and diluted | $ | (6.58 | ) | $ | (30.02 | ) | $ | (9.95 | ) | $ | (155.46 | ) | ||||
| Weighted-Average Number of Common Shares Outstanding – Basic and Diluted | 2,109,267 | 64,361 | 1,728,414 | 38,009 | ||||||||||||
FAQ
What were Edible Garden's (EDBL) Q2 2025 revenue and earnings?
How did Edible Garden's private label and international segments perform in Q2 2025?
What strategic changes did Edible Garden implement in Q2 2025?
How did Edible Garden's produce category perform in Q2 2025?
What was the impact of the NaturalShrimp facility acquisition for Edible Garden?
