Charlotte's Web Q3 net loss narrows 41% to USD 3.46 million; revenue falls 18% to USD 9.39 million
Charlotte's Web's third-quarter 2026 net loss narrowed 41% year over year to USD 3.46 million, while revenue fell 18% to USD 9.39 million. Gross margin rose 8 percentage points to 46.9%.
1. Quarterly results
Charlotte's Web said third-quarter 2026 revenue fell 18% year over year to USD 9.4 million, primarily reflecting California hemp restrictions and reduced online promotional discounting. Gross margin rose 8 percentage points to 46.9%, helped by improved pricing and mix and lower insourcing costs. Federal restrictions scheduled for December 11, 2026, would restrict full-spectrum products; broad-spectrum and isolate products are expected to remain generally available.
