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EarningsQ2 2026 Earnings Report
EDBL Q2 2026 EPS Results
Actual EPS-$18.79
Consensus EPS-$11.70
Beat/MissMissed by -$7.09
One Year Ago EPS-$2961.00
EDBL Q2 2026 Revenue Results
Actual Revenue$3.55M
Expected Revenue$3.38M
Beat/MissBeat by +$169.00K
YoY Revenue Growth+12.84%
Earnings Announcement Details
QuarterQ2 2026
Date08/14/2026
TimeBefore Open
Conference CallFriday, August 14, 2026
EDBL Upcoming Earnings
Edible Garden AG , Inc.'s next earnings date is estimated for November 18, 2026, based on past reporting schedules.
Q2 2026 Earnings Call Audio
EDBL Q2 2026 Earnings Call
0:00 / 0:00
Q2 2026 Earnings Slide Deck
No slide deck is available for this earnings event.
Q2 2026 Earnings Call Summary
Earnings Call Sentiment|Positive
The call communicated clear commercial momentum: double-digit revenue growth, strong category gains (notably cut herbs and potted products), meaningful retail distribution wins, reduced SG&A, positive operating cash flow and substantial progress on the Prairie Hills RTD manufacturing strategy (completed prototype work with Tetra Pak, presold commitments, >100M unit capacity). Offsetting these positives are persistent elevated cost of goods sold (flat gross profit), ongoing net losses, increased leverage tied to Prairie Hills financing, and limited unrestricted cash. Execution and timing risks remain for the transformational Prairie Hills project. On balance, the call emphasizes growth progress and strategic opportunity while acknowledging near-term profitability and liquidity pressures.Company Guidance
Revenue Growth
Revenue for the quarter grew 12.8% year-over-year to approximately $3.6 million (from ~$3.1M), driven by growth in core categories.
Strong Cut Herb and Potted Performance
Cut herb sales increased more than 42% year-over-year; management also reported the combined cut herb and potted portfolio rose by approximately $0.5 million (about 50% YoY), signaling broad strength in core product lines.
Retail Distribution Wins and Customer Expansion
Expanded relationships with national and regional retailers including Target (award of fresh-cut herb distribution through a Midwest DC), Kroger, Walmart, Wakefern, ShopRite, Weis and The Fresh Market; extended a multiyear private label contract with a major Midwest retailer.
SG&A Reduction and Improved Expense Discipline
Selling, general and administrative expenses declined by approximately $0.9 million, or 21.5%, to $3.1 million (from ~$4.0M), reflecting stronger cost controls and efficiency initiatives.
Improved Net Loss and Operating Cash Flow
Net loss narrowed to approximately $3.3 million versus ~$4.0 million in the prior-year quarter. Operating cash flow was positive for the second consecutive quarter with net cash provided by operating activities of approximately $0.9 million for the six months ended June 30, 2026 (compared with cash used in operations of ~$6.8M in the prior year period).
Progress on Prairie Hills RTD Platform (Farm-to-Formula)
Completed prototype production at Tetra Pak's new product development center; Prairie Hills being designed as a flexible, high-capacity RTD platform with expected capacity >100 million beverage units annually; management reports presold commitments for 100% of the facility and targets first bottles from the facility around late 2027.
Near-Term Go-To-Market Acceleration
Plan to begin using a co-manufacturer by end of Q4 (current year) to commercialize formulations and capture near-term revenue ahead of Prairie Hills commissioning; new branded product (Kick) slated for Q4 launch.
Market Positioning Advantage from Industry Consolidation
Management highlighted consolidation among competitors in controlled environment agriculture, positioning Edible Garden to capture incremental share due to its execution, fill rates and retail relationships.
EDBL Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed