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Charlotte’s Web Q2 Revenue Falls 15.2% as Net Loss Narrows

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Charlotte’s Web Holdings Inc. (CWBHF) reported second-quarter 2026 revenue of $10.9 million, down 15.2% from $12.8 million a year earlier, following its retail channel restructuring. Net loss narrowed to $4.1 million, or $0.02 per basic and diluted share, from a $6.3 million loss, or $0.04 per share, in the prior-year quarter.

The company completed the conversion of BAT’s convertible debenture and a concurrent $10 million private placement, reducing total liabilities by $57.0 million and reporting positive shareholders’ equity of $56.1 million at June 30.

  • Gross margin was 47.5%, compared with 46.8% in the second quarter of 2025.
  • Operating loss was $4.4 million, compared with $4.1 million a year earlier.
  • Cash and cash equivalents totaled $14.0 million at June 30, 2026.
  • Net cash used in operating activities was $3.7 million for the first six months of 2026, versus $6.8 million a year earlier.
  • Six-month revenue was $22.0 million, down from $25.1 million in the prior-year period.

$CWBHF Hedge Fund Activity

We have seen 3 institutional investors add shares of $CWBHF stock to their portfolio, and 0 decrease their positions in their most recent quarter.

Here are some of the largest recent moves:

To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard. You can access data on hedge funds moves and 13F filings through the Quiver Quantitative API 13F endpoint.

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