| Metric | Value ($ M) | Q1 FY25 |
|---|---|---|
| Revenue | 3.34 | 22.8% |
| Total Income | 3.34 | 22.8% |
| Expenditure | 10.02 | 77.7% |
| PBT | — | |
| Net Profit | -3.67 | 10.5% |
| OPM | — | |
| NPM | — | |
| EPS | — |
Edible Garden Reports Q1 2026 Revenue Growth of 22.9%
15 May 2026 · 15 May, 5:16 pm
Summary
Edible Garden AG Incorporated reported a 22.9% increase in revenue for the first quarter of 2026, reaching approximately $3.3 million compared to $2.7 million in the same period last year. This growth was driven by broad-based increases across cut herbs, vitamins and supplements, and branded condiments. The company is also advancing its ready-to-drink (RTD) nutrition platform, including the integration of Tetra Pak processing and packaging solutions. Management believes the ready-to-drink category represents a significant long-term opportunity, with the global RTD market projected to grow from approximately $842.5 billion in 2025 to roughly $1.26 trillion by 2033.
Key Highlights
- 1
Edible Garden's revenue increased by approximately 22.9% to approximately $3.3 million for the first quarter of 2026, compared to $2.7 million in the same period of 2025.
- 2
Cut Herb Sales increased approximately 46% year-over-year, driven by growth in existing accounts and new account contributions from Kroger and Weis Markets.
- 3
Vitamin and Supplements Sales increased approximately 27% year-over-year, reflecting continued demand across the Company’s better-for-you nutrition portfolio.
- 4
International Sales increased approximately 50% year-over-year reflecting continued expansion of the Company’s distribution footprint and growing demand across international markets.
- 5
Condiment Sales increased approximately 51% year-over-year, reflecting continued expansion of the Company’s value-added branded product portfolio.
- 6
The company continued advancement of its Midwest RTD manufacturing platform, including progress related to the planned integration of Tetra Pak processing and packaging solutions.
Management Comments
Jim Kras
Our first quarter results reflect the continued momentum we are building across the business as the investments we made in our retail network, product portfolio, and operational infrastructure begin translating into measurable growth. Revenue increased 22.9% year-over-year, supported by expansion across more than 6,000 retail locations, new and expanded relationships with major retail partners including Target and Safeway, and approximately 46% growth in cut herb sales. The first quarter of 2026 represented an important step in our evolution as we continued expanding beyond our traditional greenhouse and fresh herb business into a broader clean-label nutrition and functional beverage platform. Leveraging the controlled environment agriculture foundation, operational infrastructure, vertically integrated platform, retail distribution network, and product development capabilities we have established over the past several years, we continue expanding into adjacent, expected higher-value and shelf-stable categories. We remain focused on executing against these opportunities while continuing to position Edible Garden for potential improved margins, greater scalability, and long-term value creation.
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