Every 10-Q that Willamette Valley Vineyards, Inc. Series A Redeemable Preferred Stock (WVVIP) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow WVVIP and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full WVVIP filings page.
Willamette Valley Vineyards, Inc. reported weaker results for the quarter and six months ended June 30, 2026. Six‑month net sales were $18.3 million, up slightly from 2025, but higher product costs reduced gross margin to 59.1% from 61.9%.
Cost of sales rose by $728,019 year over year, and selling, general and administrative expenses increased by $1.39 million, largely due to a higher allowance for credit losses of about $1.1 million tied to Republic National Distributing Company’s Chapter 11 filing. As a result, the six‑month net loss widened to $1.95 million, and loss applicable to common shareholders was $3.17 million, or $(0.64) per share.
Despite the loss, operating cash flow improved to $2.75 million, helped by lower receivables, lower inventories and higher accounts payable. Total assets were $102.9 million, with total liabilities of $36.5 million and redeemable preferred stock of $46.7 million. Long‑term debt with AgWest totaled $14.7 million, and the $4.0 million credit line with Columbia Bank had a $634,842 balance.
Willamette Valley Vineyards, Inc. reported higher sales but continued losses for the quarter ended March 31, 2026. Net sales rose to $8.26 million from $7.54 million, driven mainly by stronger distributor revenue, while direct-to-consumer sales declined slightly.
Cost of sales increased to $3.23 million, compressing gross margin to 60.9% from 63.1%. Selling, general and administrative expenses were roughly flat at $5.71 million, leading to a loss from operations of $0.68 million. Net loss narrowed to $0.57 million from $0.73 million, with loss per common share improving to $(0.24) from $(0.26).
The company generated $0.79 million in cash from operating activities, reduced inventories, and trimmed its line-of-credit balance to $2.36 million at a 7.0% rate. Long-term debt totaled $14.94 million, and working capital stood at about $26.6 million. Preferred stock funding continued, with $46.1 million of redeemable preferred equity outstanding and accrued dividends reducing common shareholders’ earnings.
Willamette Valley Vineyards reported net sales of $10.20 million for the quarter ended June 30, 2025, down 1.3% from $10.33 million a year earlier, and $17.74 million for the six months, down 7.3% from $19.14 million. Gross profit was $6.22 million for the quarter (61.0% of sales) and $10.98 million for six months (61.9% of sales). The company posted net income of $92,795 in Q2 but a six-month net loss of $636,186; after accrued preferred dividends the loss applicable to common shareholders was $1.76 million for the six months, or $0.36 per common share.
The balance sheet shows , inventories of $32.95 million and cash of $350,643. Working capital was strong at $27.3 million with a current ratio of 4.07:1. Long-term debt increased to $16.58 million and interest expense rose 15.2% year-to-date. The Company accrued $1.13 million in preferred dividends for the six months and reported preferred stock liquidation preference of about $43.6 million. Management notes strategic property development and preferred stock activities that will affect near-term results.