Coffee Holding Company Reports Third Quarter Results.

Despite lower quarterly revenue, Coffee Holding delivered sharply higher margins, positive earnings and improved balance sheet metrics in fiscal Q3 2026.

Rhea-AI Impact

(Neutral)

Rhea-AI Sentiment

(Neutral)

Rhea-AI Summary

Coffee Holding (JVA) reported fiscal Q3 2026 net sales of $21.7 million, down 9.3% year over year, but swung to net income of $1.99 million, or $0.35 per share, from a $1.21 million loss a year earlier.

Gross profit rose to $5.42 million from $2.26 million, with gross margin improving to 25.0% from 9.4%, driven by a favorable inventory position, tariff refunds and net trading gains. Cost of sales fell to 75.0% of sales from 90.6%. Operating expenses declined slightly to $3.10 million.

For the nine months ended July 31, 2026, net sales were $69.4 million versus $68.5 million a year earlier, and net income increased to $3.90 million, or $0.68 per share, from $0.59 million, or $0.10 per share. Cash and equivalents rose to $2.92 million from $0.70 million at October 31, 2025, while line-of-credit borrowings decreased to $2.15 million from $6.05 million, and stockholders’ equity grew to $31.0 million from $27.6 million.

Positive

Q3 2026 gross margin improved to 25.0% from 9.4% a year earlier
Q3 2026 net income reached $1.99 million vs. $1.21 million loss in 2025
Nine‑month 2026 net income rose to $3.90 million from $0.59 million
Cash and equivalents increased to $2.92 million from $0.70 million since Oct. 31, 2025
Line of credit balance reduced to $2.15 million from $6.05 million
Net cash from operations was $7.80 million for nine months 2026 vs. $5.40 million used in 2025

Negative

Q3 2026 net sales declined 9.3% YoY to $21.7 million
Accounts receivable fell to $9.0 million from $12.1 million since Oct. 31, 2025, consistent with lower sales
Dividend cash outflow of $0.47 million in nine months 2026 reduces retained cash

News Explained

The report adds $7,795,367 of operating cash flow, alongside $3,900,000 of debt repayment and no reported change in shares outstanding.

Coffee Holding’s completed third-quarter report adds a cash-flow detail: during the nine months ended July 31, 2026, operating activities provided $7,795,367, while the company paid $3,900,000 on its line of credit, $467,813 in dividends, and used $1,213,538 for investing.

The same statement reports $5,708,599 of common shares outstanding at both October 31, 2025 and July 31, 2026; the disclosed period-end figures therefore show no change in total shares outstanding.

The company says additional tariff refunds are expected to enhance earnings over the next two quarters, making the amount and timing of those refunds a specific follow-up item rather than a result already reported.

Argus 15 min delay

+8.60% vs previous close $3.73 last price 0.5x rel. volume Open Argus

Details

Market Reaction – JVA

$3.49 $3.73 Day Range

$21.27M Market Cap

Following this news, JVA has gained 8.60%, reflecting a notable positive market reaction. Our momentum scanner has triggered 5 alerts so far, indicating moderate trading interest and price volatility. The stock is currently trading at $3.73.

Data tracked by StockTitan Argus (15 min delayed). Upgrade to Gold for real-time data.

Market Context

On June 12, JVA's Q2 earnings release was followed by -21.33%; the current report paired lower sales...

Analysis

On June 12, JVA's Q2 earnings release was followed by -21.33%; the current report paired lower sales with higher gross profit and a return to net income.

Key Figures

Net Sales: $21,686,262 Gross Profit: $5,424,131 Gross Margin: 25.0% +3 more

Net Sales: $21,686,262; Three months ended July 31, 2026; down 9.3% year over year
Gross Profit: $5,424,131; Three months ended July 31, 2026, versus $2,255,028 in 2025
Gross Margin: 25.0%; Three months ended July 31, 2026, versus 9.4% in 2025
Operating Expenses: $3,099,801; Three months ended July 31, 2026, versus $3,350,179 in 2025
Net Income: $1,993,438; Three months ended July 31, 2026, versus a $1,205,413 net loss in 2025
Earnings Per Share: $0.35; Basic and diluted, three months ended July 31, 2026

Previous Earnings Reports

3 past events · Latest: Jun 12

Same Type 3 events

Jun 12
Second-quarter earnings

24h Move

-21.3%

Green coffee price decline and promotions reduced sales and quarterly profitability.
Mar 16
First-quarter earnings

24h Move

+30.0%

Tariff relief and facility consolidation supported higher revenue and per-share earnings.
Sep 12
Third-quarter earnings

24h Move

+1.7%

Derivative losses drove a quarterly net loss despite higher sales.

24h Move is the share-price change in the day after each event; other market factors may also have contributed.

Key Terms

hedging activity, unrealized gains or losses, basic and diluted income (loss) per share

3 terms

hedging activity financial

"realized and unrealized gains or losses on hedging activity"

Hedging activity is when a company or investor takes steps to protect themselves from price swings in things like currencies, interest rates, commodities or stock values — similar to buying insurance against bad moves. It matters to investors because hedging can make a company’s future profits and cash flow more predictable (reducing risk) but can also limit upside gains, so disclosures about hedging show how much risk management affects potential returns and volatility.

unrealized gains or losses financial

"realized and unrealized gains or losses on hedging activity"

The difference between the current market value of an asset you still own and the price you originally paid for it; if the market value is higher it's an unrealized gain, if lower it's an unrealized loss. It matters because it shows the paper profit or loss in a portfolio that will only become actual (realized) when the asset is sold, and it affects reported net worth and accounting values much like an increased or decreased home appraisal affects perceived wealth even before a sale.

AI-generated analysis. How Rhea-AI works. Not financial advice.

See more from StockTitan in Google Search and AI answers. Adds StockTitan as a preferred source · opens Google

Add on Google

09/11/2026 - 09:00 AM

STATEN ISLAND, New York, Sept. 11, 2026 (GLOBE NEWSWIRE) -- Coffee Holding Co., Inc. (Nasdaq: JVA) (the “Company,” “our” or “we”) announced its operating results for the fiscal quarter ended July 31, 2026.

Net Sales. Net sales totaled $21,686,262 for the three months ended July 31, 2026, a decrease of $2,224,252, or 9.3% , from $23,910,514 for the three months ended July 31, 2025. The decrease in net sales was primarily attributable to the sustained decline in green coffee prices that began in late January and continued throughout most of the quarter. In response to these market conditions, the Company reduced prices and initiated promotional activity for its wholesale roasted coffee customers. In addition, the Company charged lower prices to its wholesale green coffee customers due to the decline in prevailing coffee market prices during the quarter.

Cost of Sales. Cost of sales for the three months ended July 31, 2026, was $16,262,131, or 75.0% of net sales, as compared to $21,655,486, or 90.6% of net sales, for the three ended July 31, 2025. Cost of sales consists primarily of the cost of green coffee and packaging materials and realized and unrealized gains or losses on hedging activity. While cost of sales decreased due to lower sales volume, cost of sales as a percentage of net sales also decreased, primarily due to a favorable inventory position acquired during the first half of the fiscal year when coffee prices declined significantly, tariff refunds recognized during the current period, and a net gain on trading activity during the current period compared to a net loss on trading activity in the comparative period.

Gross Profit. Gross profit for the three months ended July 31, 2026, was $5,424,131, an increase of $3,169,103 from $2,255,028 for the three months ended July 31, 2025. Gross profit as a percentage of net sales was 25.0% for the three months ended July 31, 2026, compared to 9.4% for the three months ended July 31, 2025. The increase in gross profit was primarily attributable to a favorable inventory position, tariff refunds, and a net gain on trading activity during the current period, as discussed above.

Operating Expenses. Total operating expenses decreased by $250,378 to $3,099,801 for the three months ended July 31, 2026, from $3,350,179 for the three months ended July 31, 2025. Selling and administrative expenses decreased from $3,166,764 for the three months ended July 31, 2025, to $2,899,193 for the three months ended July 31, 2026. Operating expenses decreased slightly compared to the prior-year period but remained generally consistent with historical levels.

Net Income (Loss). We had net income of $1,993,438 or $0.35 per share basic and diluted, for the three months ended July 31, 2026, compared to net loss of $1,205,413, or $0.21 per share basic and diluted, for the three months ended July 31, 2025. The change in net income was due to our results of operations as described above.

“In what can only be described as the most volatile three months in the history of the coffee market, with the price of green coffee trading in a $1.00/per lb. trading range with daily price fluctuations reaching an unprecedented $.50/lb., we are pleased to report our shareholders that we had net sales of approximately $21.7 million and earnings of $0.35 a share. Although revenues were comparable to those achieved in fiscal 2025, our profitability was greatly improved as a result of a combination of supporting fundamentals provided a strong tailwind during the reporting period. We were fortunate to have capitalized on the lower green physical coffee market during the first half of calendar 2026 which allowed for the record gross margins we achieved during fiscal Q3 2026.

The decision not to charge most wholesale roasted customers tariffs during 2025 proved to be the correct one as we retained 100% of our roasted customer base and maintained our historical profit margins throughout the last several quarters. Now, with tariffs being slowly refunded, we are reaping the rewards for our earlier decisions as the tariff refunds received during the quarter contributed approximately $.06 a share to our earnings and we expect additional refunds to enhance earnings over the next two quarters. Overall, with the continued volatility in the green coffee market showing no clear signs of abating, and the major leading national brands showing no indication of price decreases, as well as significant new business that we have recently secured, we believe we are well positioned moving through the end of calendar 2026 into calendar 2027 to grow our revenue levels, gross margins and our profitability,” concluded Mr. Andrew Gordon, Chief Executive Officer of the Company.

About Coffee Holding

Founded in 1971, Coffee Holding Co., Inc. (NASDAQ: JVA) is a leading integrated wholesale coffee roaster and dealer in the United States and one of the few coffee companies that offers a broad array of coffee products across the entire spectrum of consumer tastes, preferences and price points. Coffee Holding’s product offerings consist of eight proprietary brands, each targeting a different segment of the consumer coffee market as well as roasting and blending coffees for major wholesalers and retailers throughout the United States who want to have products under their own names to compete with national brands. In addition to selling roasted coffee, Coffee Holding also imports green coffee beans from around the world, which it resells to smaller regional roasters and coffee shops around the United States and Canada.

Forward looking statements

Any statements that are not historical facts contained in this release are “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995, including the Company’s outlook on revenue and profitability growth. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause our actual results, performance or achievements to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. We have based these forward-looking statements upon information available to management as of the date of this release and management’s expectations and projections about certain future events. It is possible that the assumptions made by management for purposes of such statements may not materialize. Such statements may involve risks and uncertainties, including but not limited to those relating to product demand, pricing, market acceptance, hedging activities, the effect of economic conditions (including tariffs), intellectual property rights, the outcome of competitive products, the results of financing efforts, the ability to complete transactions and other risks and uncertainties described in the “Risk Factors” section of documents filed by the Company from time to time with the Securities and Exchange Commission. The Company undertakes no obligation to update or revise any forward-looking statement for events or circumstances after the date on which such statement is made.

Company Contact

Coffee Holding Co., Inc.
Andrew Gordon
President & CEO
(718) 832-0800

COFFEE HOLDING CO., INC.
CONDENSED CONSOLIDATED BALANCE SHEETS

	July 31, 2026			October 31, 2025
	(Unaudited)
ASSETS
CURRENT ASSETS:
Cash and cash equivalents	$	2,915,888		$	701,872
Accounts receivable, net of allowances of $313,000 for July 31, 2026 and October 31, 2025.		8,985,454			12,093,251
Inventories		19,480,689			20,446,481
Due from broker		1,556,868			1,424,036
Prepaid expenses and other current assets		722,376			594,360
Prepaid and refundable income taxes		—			180,916
TOTAL CURRENT ASSETS		33,661,275			35,440,916

Building, machinery, and equipment, net		3,187,735			3,463,072
Customer list and relationships, net of accumulated amortization of $330,625 and $316,250 for July 31, 2026 and October 31, 2025, respectively		109,375			123,750
Trademarks and tradenames		327,000			327,000
Equity investments		889,651			39,651
Right of use assets		1,694,679			2,084,175
Deferred income tax assets - net		180,282			229,899
Deposits and other assets		134,642			339,909
TOTAL ASSETS		40,184,639			42,048,372

LIABILITIES AND STOCKHOLDERS’ EQUITY
CURRENT LIABILITIES:
Accounts payable and accrued expenses		4,881,856			5,641,836
Line of credit		2,150,000			6,050,000
Due to broker		179,915			303,813
Lease liabilities - current portion		912,755			811,975
TOTAL CURRENT LIABILITIES		8,124,526			12,807,624

Lease liabilities - long term		1,042,673			1,530,096
Deferred compensation payable		-			129,646
TOTAL LIABILITIES		9,167,199			14,467,366

Commitments and Contingencies (Note 10)		-			-

STOCKHOLDERS’ EQUITY:
Common stock, par value $.001 per share; 30,000,000 shares authorized, 6,633,930 shares issued for July 31, 2026 and October 31, 2025; 5,708,599 shares outstanding for July 31, 2026 and October 31, 2025		6,634			6,634
Additional paid-in capital		19,094,618			19,094,618
Retained earnings		16,549,748			13,113,314
Less: common stock held in treasury, at cost; 925,331 shares at July 31, 2026 and October 31, 2025		(4,633,560	)		(4,633,560	)
TOTAL STOCKHOLDERS’ EQUITY		31,017,440			27,581,006
TOTAL LIABILITIES AND STOCKHOLDERS’ EQUITY	$	40,184,639		$	42,048,372

COFFEE HOLDING CO., INC.
CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS
(UNAUDITED)


	Nine months ended July 31,						Three months ended July 31,
	2026			2025 (revised)			2026			2025 (revised)
NET SALES	$	69,378,258		$	68,535,860		$	21,686,262		$	23,910,514
COST OF SALES		54,342,122			57,446,245			16,262,131			21,655,486
GROSS PROFIT		15,036,136			11,089,615			5,424,131			2,255,028

OPERATING EXPENSES:
Selling and administrative		9,382,355			9,067,134			2,899,193			3,166,764
Officers’ salaries		610,214			637,986			200,608			183,415
TOTAL		9,992,569			9,705,120			3,099,801			3,350,179

INCOME (LOSS) FROM OPERATIONS		5,043,567			1,384,495			2,324,330			(1,095,151	)

OTHER INCOME (EXPENSE):
Interest income		21			28			7			5
Interest expense		(143,180	)		(141,905	)		(37,816	)		(92,683	)
Other income		-			29			-			-
TOTAL		(143,159	)		(141,848	)		(37,809	)		(92,678	)

INCOME BEFORE INCOME TAX		4,900,408			1,242,647			2,286,521			(1,187,829	)
Income Tax Provision		996,161			650,749			293,083			17,584
NET INCOME (LOSS)	$	3,904,247		$	591,898		$	1,993,438		$	(1,205,413	)

Basic and diluted income (loss) per share	$	0.68		$	0.10		$	0.35		$	(0.21	)
Weighted average common shares outstanding:
Basic and diluted		5,708,599			5,708,599			5,708,599			5,708,599

COFFEE HOLDING CO., INC.
CONDENSED CONSOLIDATED STATEMENTS OF CHANGES IN STOCKHOLDERS’ EQUITY
THREE AND NINE MONTHS ENDED JULY 31, 2026 AND 2025
(UNAUDITED)

	Common Stock				Treasury Stock					Additional Paid-in		Retained
	Shares		Amount		Shares		Amount			Capital		Earnings			Total
Balance, October 31, 2024	$	5,708,599	$	6,634	$	925,331	$	(4,633,560	)	$	19,094,618	$	11,709,875		$	26,177,567
Net income		-		-		-		-			-		1,153,256			1,153,256
Balance, January 31, 2025		5,708,599		6,634		925,331		(4,633,560	)		19,094,618		12,863,131			27,330,823
Net income		-		-		-		-			-		644,055			644,055
Balance, April 30, 2025		5,708,599		6,634		925,331		(4,633,560	)		19,094,618		13,507,186			27,974,878
Net loss		-		-		-		-			-		(1,205,413	)		(1,205,413	)
Balance, July 31, 2025		5,708,599		6,634		925,331		(4,633,560	)		19,094,618		12,301,773			26,769,465

Balance, October 31, 2025		5,708,599		6,634		925,331		(4,633,560	)		19,094,618		13,113,314			27,581,006
Dividend declared at $0.08 per common share outstanding		-		-		-		-			-		(467,813	)		(467,813	)
Net income		-		-		-		-			-		1,648,320			1,648,320
Balance, January 31, 2026		5,708,599		6,634		925,331		(4,633,560	)		19,094,618		14,293,821			28,761,513
Net income		-		-		-		-			-		262,489			262,489
Balance, April 30, 2026		5,708,599		6,634		925,331		(4,633,560	)		19,094,618		14,556,310			29,024,002
Net income		-		-		-		-			-		1,993,438			1,993,438
Balance, July 31, 2026	$	5,708,599	$	6,634	$	925,331	$	(4,633,560	)	$	19,094,618	$	16,549,748		$	31,017,440

COFFEE HOLDING CO., INC.
CONDENSED CONSOLIDATED STATEMENTS OF CASH FLOWS
(UNAUDITED)

	2026			2025
	Nine months ended July 31,
	2026			2025
OPERATING ACTIVITIES:
Net income	$	3,904,247		$	591,898
Adjustments to reconcile net income to net cash provided by (used in) operating activities:
Depreciation and amortization		653,250			492,379
Realized and unrealized gains, net		(781,730	)		(1,862,877	)
Amortization of right-of-use asset		508,854			583,643
Bad debt expense		50,000			-
Deferred income taxes (benefit)		49,617			(315,709	)
Changes in operating assets and liabilities:
Accounts receivable		3,057,797			(185,622	)
Inventories		965,792			(5,711,012	)
Prepaid expenses and other current assets		(128,016	)		(664,433	)
Prepaid and refundable income taxes		180,916			285,439
Deposits and other assets		205,267			(408,978	)
Accounts payable and accrued expense		(759,980	)		2,339,316
Change in lease liabilities		(506,001	)		(549,346	)
Change in due/from broker		525,000			-
Deferred compensation payable		(129,646	)		8,586
NET CASH PROVIDED BY (USED IN) OPERATING ACTIVITIES		7,795,367			(5,396,716	)

INVESTING ACTIVITIES:
Acquisition of Second Empire		-			(800,000	)
Purchase of investment		(850,000	)		-
Cash paid for leasehold improvements		(280,834	)		(375,286	)
Purchases of building, machinery and equipment		(82,704	)		(79,249	)
NET CASH USED IN INVESTING ACTIVITIES		(1,213,538	)		(1,254,535	)

FINANCING ACTIVITIES:
Payment of dividends		(467,813	)		-
Proceeds from bank line of credit		-			7,750,000
Principal payments under bank line of credit		(3,900,000	)		(1,500,000	)
NET CASH (USED IN) PROVIDED BY FINANCING ACTIVITIES		(4,367,813	)		6,250,000

NET CHANGE IN CASH AND CASH EQUIVALENTS		2,214,016			(401,251	)
CASH AND CASH EQUIVALENTS, BEGINNING OF YEAR		701,872			1,381,023
CASH AND CASH EQUIVALENTS, END OF PERIOD	$	2,915,888		$	979,772

SUPPLEMENTAL DISCLOSURE OF CASH FLOW DATA:
Cash paid for income taxes	$	-		$	-
Interest paid	$	171,345		$	96,761

SUPPLEMENTAL DISCLOSURE OF NON-CASH INVESTING AND FINANCING ACTIVITIES:
Initial recognition of lease right-of-use asset	$	119,358		$	2,113,581
Initial recognition of lease liabilities	$	119,358		$	2,113,581

FAQ

What factors drove Coffee Holding’s improved gross margins in Q3 2026?

Gross margin expansion to 25.0% in Q3 2026 was primarily linked to a favorable inventory position built when green coffee prices declined earlier in the fiscal year, tariff refunds recognized during the quarter, and a net gain on trading activity compared with a net trading loss in the prior‑year period.

How did volatility in green coffee prices affect Coffee Holding’s Q3 2026 results?

The quarter was marked by large swings in green coffee prices, with a $1.00 per pound trading range and daily moves up to $0.50 per pound. In response, the company reduced prices and ran promotions for wholesale roasted customers and charged lower prices to wholesale green coffee customers, while benefiting from earlier inventory purchases at lower prices.

What impact did tariff refunds have on Q3 2026 earnings?

The company reported that tariff refunds received during the quarter contributed approximately $0.06 per share to Q3 2026 earnings and indicated that additional refunds are expected to enhance earnings over the next two quarters.

How has Coffee Holding’s capital structure and equity position changed since October 31, 2025?

Total liabilities decreased to $9.17 million from $14.47 million, mainly due to a lower line‑of‑credit balance. Stockholders’ equity increased to $31.02 million from $27.58 million, reflecting higher retained earnings after net income, partially offset by a dividend of $0.08 per share.

What were Coffee Holding’s operating expenses trends in Q3 2026?

Total operating expenses in Q3 2026 were $3.10 million, down from $3.35 million a year earlier. Selling and administrative expenses declined to $2.90 million from $3.17 million, while officers’ salaries increased modestly to $0.20 million from $0.18 million.

How did Coffee Holding’s nine‑month 2026 performance compare with the prior year?

For the nine months ended July 31, 2026, net sales were $69.38 million compared with $68.54 million in the prior year. Gross profit increased to $15.04 million from $11.09 million, and net income rose to $3.90 million, or $0.68 per share, versus $0.59 million, or $0.10 per share, for the comparable 2025 period.

Coffee Holding Company Reports Third Quarter Results.