Reed’s ( (REEDD) ) has released its Q3 earnings. Here is a breakdown of the information Reed’s presented to its investors.
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Reed’s, Inc., a leader in the craft beverage industry, is renowned for its premium ginger beers and sodas under the Reed’s, Virgil’s, and Flying Cauldron brands, offering a range of natural and innovative drinks.
In its third-quarter earnings report for 2025, Reed’s announced a modest increase in net sales to $7 million, reflecting a 4% growth compared to the same period last year. Despite this, the company faced challenges with a flat gross profit and a slight decrease in gross margin, attributed to inventory write-offs.
Key financial metrics highlighted in the report include a reduction in delivery and handling costs by 14%, which helped improve the net loss to $4 million from $4.2 million in the previous year. However, the company’s selling, general, and administrative expenses rose significantly due to investments in personnel and marketing. Additionally, the modified EBITDA loss widened to $3.9 million from $3 million.
Looking ahead, Reed’s management remains optimistic about future growth, focusing on improving margins and optimizing operations. The company is also preparing for an uplist to a major stock exchange, which is expected to enhance visibility and access to capital, supporting its strategic initiatives for 2026 and beyond.