Edible Garden AG Incorporated, a leader in controlled environment agriculture (CEA) and sustainable, locally grown organic produce, has released its financial results for the third quarter ended September 30, 2025. The company reported a 9% increase in revenue compared to the same period last year, reflecting the early benefits of its strategic shift towards a CEA-informed consumer packaged goods (CPG) model.
Financial Highlights
For the third quarter of 2025, Edible Garden reported:
Revenue increased by 9% to $2.8 million, up from $2.6 million in Q3 2024.Gross profit totaled $0.3 million, down from $0.7 million in the prior-year quarter, due to higher labor, freight, and raw material costs.Selling, general, and administrative expenses rose to $3.8 million from $2.2 million in Q3 2024, primarily due to higher depreciation expenses and other associated costs.Net loss was $4.0 million, compared to a net loss of $2.1 million in the third quarter of 2024.
Business and Operational Highlights
Key performance indicators for the quarter include:
Non-perishable unit sales increased by approximately 49.3% year-over-year.Private Label products sold through major big box retailers climbed 15.1% year-over-year.Same store Hydroponic Basil sales increased by 28.6%, Potted Herbs by 22.6%, and Wheatgrass by 59.2%.International vitamin and supplements revenue rose by 90.2% year-over-year.
Strategic Initiatives and Corporate Developments
During the quarter, Edible Garden:
Expanded its product distribution to Kroger, including fresh potted and cut herbs.Added major retail customers such as The Fresh Market and expanded internationally through partners like PriceSmart and Amazon.Acquired NaturalShrimp’s assets to enhance vertical integration and add sustainable aquaculture capabilities.Refinanced its outstanding debt, securing a lower interest rate and more favorable terms.
Management’s Perspective
Jim Kras, Chief Executive Officer of Edible Garden, commented on the results, stating, “Over the past several quarters, we’ve been executing a strategic transformation of Edible Garden into a diversified, innovation-driven consumer packaged goods company, and we’re now seeing clear results. The third quarter marked a key milestone as we experienced revenue growth, expanded our product distribution, and added major retail customers.”
Future Outlook
The company expects the fourth quarter, historically its strongest period, to further demonstrate the positive impact of its transformation. Management believes that the most challenging phase of this transformation is behind them and that the company is better positioned to capture growth across both fresh and non-perishable categories, aiming for long-term, sustainable profitability.
Original SEC Filing: Edible Garden AG Inc [ EDBL ] – 8-K – Nov. 14, 2025
Disclaimer
This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.
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