# Crimson Wine Group, Ltd: overview

CWGL · OTC · CIK 1562151 · [Consumer staples](/sectors/consumer-staples.md) · fiscal year ends Dec 31

Pages: [Overview](/companies/cwgl.md) · [Financials](/companies/cwgl/financials.md) · [Filings](/companies/cwgl/filings.md) · [Insiders](/companies/cwgl/insiders.md)

Latest reported revenue: [$20.5m](/filings/0001628280-26-054306.md) for Q2 FY2026, three months to 2026-06-30, from the 10-Q filed Aug 6, 2026 (XBRL us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax, accession 0001628280-26-054306).

## Last eight quarters

| Line item | Unit | Q3 FY2024 (2024-09-30) | Q4 FY2024 (2024-12-31) | Q1 FY2025 (2025-03-31) | Q2 FY2025 (2025-06-30) | Q3 FY2025 (2025-09-30) | Q4 FY2025 (2025-12-31) | Q1 FY2026 (2026-03-31) | Q2 FY2026 (2026-06-30) |
| --- | --- | ---: | ---: | ---: | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [16.9](/filings/0001628280-25-050240.md) | [22.9 d](/filings/0001628280-26-018796.md) | [14.5](/filings/0001628280-26-032083.md) | [17.0](/filings/0001628280-26-054306.md) | [13.3](/filings/0001628280-25-050240.md) | [20.3 d](/filings/0001628280-26-018796.md) | [18.3](/filings/0001628280-26-032083.md) | [20.5](/filings/0001628280-26-054306.md) |
| Gross margin | % | [47.9%](/filings/0001628280-25-050240.md) | [45.7% d](/filings/0001628280-26-018796.md) | [46.0%](/filings/0001628280-26-032083.md) | [45.6%](/filings/0001628280-26-054306.md) | [47.2%](/filings/0001628280-25-050240.md) | [49.4% d](/filings/0001628280-26-018796.md) | [43.3%](/filings/0001628280-26-032083.md) | [42.1%](/filings/0001628280-26-054306.md) |
| Operating margin | % | [(1.8%)](/filings/0001628280-25-050240.md) | [6.6% d](/filings/0001628280-26-018796.md) | [(10.7%)](/filings/0001628280-26-032083.md) | [(2.6%)](/filings/0001628280-26-054306.md) | [(8.7%)](/filings/0001628280-25-050240.md) | [(2.9%) d](/filings/0001628280-26-018796.md) | [(3.2%)](/filings/0001628280-26-032083.md) | [0.2%](/filings/0001628280-26-054306.md) |
| Net margin | % | [0.2%](/filings/0001628280-25-050240.md) | [5.8% d](/filings/0001628280-26-018796.md) | [(6.5%)](/filings/0001628280-26-032083.md) | [(0.8%)](/filings/0001628280-26-054306.md) | [7.1%](/filings/0001628280-25-050240.md) | [3.6% d](/filings/0001628280-26-018796.md) | [(3.4%)](/filings/0001628280-26-032083.md) | [(1.7%)](/filings/0001628280-26-054306.md) |
| Diluted EPS | $ per share | [0.00](/filings/0001628280-25-050240.md) | not reported | [(0.05)](/filings/0001628280-26-032083.md) | [(0.01)](/filings/0001628280-26-054306.md) | [0.05](/filings/0001628280-25-050240.md) | not reported | [(0.03)](/filings/0001628280-26-032083.md) | [(0.02)](/filings/0001628280-26-054306.md) |
| Free cash flow | $m | [(0.8) d](/filings/0001628280-25-050240.md) | [(0.9) d](/filings/0001628280-26-018796.md) | [(0.1)](/filings/0001628280-26-032083.md) | [(0.9) d](/filings/0001628280-26-054306.md) | [1.1 d](/filings/0001628280-25-050240.md) | [(2.7) d](/filings/0001628280-26-018796.md) | [1.8](/filings/0001628280-26-032083.md) | [5.5 d](/filings/0001628280-26-054306.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax. Derived values: 12-month figure less the 9-month figure.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment. Derived values: 9-month figure less the 6-month figure; 12-month figure less the 9-month figure; 6-month figure less the 3-month figure.

## Last five fiscal years

| Line item | Unit | FY2021 (2021-12-31) | FY2022 (2022-12-31) | FY2023 (2023-12-31) | FY2024 (2024-12-31) | FY2025 (2025-12-31) |
| --- | --- | ---: | ---: | ---: | ---: | ---: |
| Revenue | $m | [68.9](/filings/0001562151-23-000004.md) | [74.2](/filings/0001562151-24-000011.md) | [72.4](/filings/0001562151-25-000007.md) | [73.0](/filings/0001628280-26-018796.md) | [65.1](/filings/0001628280-26-018796.md) |
| Gross margin | % | [43.6%](/filings/0001562151-23-000004.md) | [44.2%](/filings/0001562151-24-000011.md) | [46.5%](/filings/0001562151-25-000007.md) | [48.0%](/filings/0001628280-26-018796.md) | [47.2%](/filings/0001628280-26-018796.md) |
| Operating margin | % | [0.4%](/filings/0001562151-23-000004.md) | [2.7%](/filings/0001562151-24-000011.md) | [2.7%](/filings/0001562151-25-000007.md) | [0.1%](/filings/0001628280-26-018796.md) | [(5.7%)](/filings/0001628280-26-018796.md) |
| Net margin | % | [4.6%](/filings/0001562151-23-000004.md) | [1.5%](/filings/0001562151-24-000011.md) | [4.3%](/filings/0001562151-25-000007.md) | [1.2%](/filings/0001628280-26-018796.md) | [0.9%](/filings/0001628280-26-018796.md) |
| Diluted EPS | $ per share | [0.14](/filings/0001562151-23-000004.md) | [0.05](/filings/0001562151-24-000011.md) | [0.15](/filings/0001562151-25-000007.md) | [0.04](/filings/0001628280-26-018796.md) | [0.03](/filings/0001628280-26-018796.md) |
| Free cash flow | $m | [14.2](/filings/0001562151-23-000004.md) | [(0.1)](/filings/0001562151-24-000011.md) | [(3.1)](/filings/0001562151-25-000007.md) | [(2.7)](/filings/0001628280-26-018796.md) | [(2.5)](/filings/0001628280-26-018796.md) |

- Revenue. XBRL Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Gross margin (gross profit / revenue). XBRL Gross profit: us-gaap:GrossProfit; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Operating margin (operating income / revenue). XBRL Operating income: us-gaap:OperatingIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Net margin (net income / revenue). XBRL Net income: us-gaap:NetIncomeLoss; Revenue: us-gaap:RevenueFromContractWithCustomerExcludingAssessedTax.
- Diluted EPS. XBRL Diluted EPS: us-gaap:EarningsPerShareDiluted.
- Free cash flow (operating cash flow − capital expenditure). XBRL Operating cash flow: us-gaap:NetCashProvidedByUsedInOperatingActivities; Capital expenditure: us-gaap:PaymentsToAcquirePropertyPlantAndEquipment.

Each value links to the filing it came from. d marks a derived value. A ratio is not reported when any input is missing.

## Insider purchases and sales

The last 20 open-market transactions on Form 4 (codes P and S). Reported price is as stated on the form, not a market price. [All insider transactions](/companies/cwgl/insiders.md)

None in coverage.

## Funds that report holding it

From each manager’s latest Form 13F, largest reported value first. Reported value is as filed: filing data, not a price. [All funds](/funds.md)

| Fund | Quarter ended | Reported value | Shares | Put or call | Change on the quarter before |
| --- | --- | ---: | ---: | --- | --- |
| [Elgethun Capital Management](/funds/1638022.md) | 2026-06-30 | $8.6m | 1,956,931 |  | Added +195,605 |
| [BECK MACK & OLIVER LLC](/funds/10742.md) | 2026-06-30 | $6.0m | 1,367,472 |  | Reduced −146,000 |
| [LAWSON KROEKER INVESTMENT MANAGEMENT INC/NE](/funds/1013701.md) | 2026-06-30 | $1.1m | 252,267 |  | Reduced −1,670 |
| [MassMutual Private Wealth & Trust, FSB](/funds/1103653.md) | 2026-06-30 | $442 | 100 |  | Unchanged |
| [HORIZON FINANCIAL SERVICES, LLC](/funds/1674020.md) | 2026-06-30 | $124 | 28 |  | New +28 |

## Recent filings

[All 492 filings](/companies/cwgl/filings.md)

| Filed | Accepted | Form | What it is | Accession |
| --- | --- | --- | --- | --- |
| 2026-08-06 | 16:11 ET | [10-Q](/filings/0001628280-26-054306.md) | Quarterly report, period 2026-06-30 | 0001628280-26-054306 |
| 2026-07-28 | 13:21 ET | [8-K](/filings/0001628280-26-050043.md) | 5.07 Shareholder vote results | 0001628280-26-050043 |
| 2026-06-29 | 16:01 ET | [SCHEDULE 13D/A](/filings/0000807249-26-000051.md) | Ownership report, active investor, amended | 0000807249-26-000051 |
| 2026-06-01 | 16:15 ET | [SCHEDULE 13D/A](/filings/0001628280-26-039502.md) | Ownership report, active investor, amended | 0001628280-26-039502 |
| 2026-06-01 | 16:09 ET | [SCHEDULE 13D/A](/filings/0001628280-26-039476.md) | Ownership report, active investor, amended | 0001628280-26-039476 |
| 2026-05-28 | 16:00 ET | [DEF 14A](/filings/0001628280-26-038779.md) | Proxy statement, period 2026-07-23 | 0001628280-26-038779 |
| 2026-05-07 | 16:08 ET | [10-Q](/filings/0001628280-26-032083.md) | Quarterly report, period 2026-03-31 | 0001628280-26-032083 |
| 2026-03-17 | 16:28 ET | [10-K](/filings/0001628280-26-018796.md) | Annual report, period 2025-12-31 | 0001628280-26-018796 |
| 2026-02-09 | 16:12 ET | [8-K](/filings/0001628280-26-006389.md) | 1.01 Entry into a material agreement; 2.01 Completion of an acquisition or disposition; 7.01 Regulation FD disclosure; 9.01 Financial statements and exhibits | 0001628280-26-006389 |
| 2025-11-06 | 16:32 ET | [10-Q](/filings/0001628280-25-050240.md) | Quarterly report, period 2025-09-30 | 0001628280-25-050240 |

## Latest annual report

[Form 10-K for the fiscal year ended Dec 31, 2025](/filings/0001628280-26-018796.md), filed Mar 17, 2026.

## Forecast league

Q3 FY2026, the quarter ended 2026-09-30, is open for forecasts until the first results filing for it is accepted by EDGAR. Results are due by \[object Promise\]. [Forecast this quarter](/leagues/2026q3/targets/e9171296-2725-47d3-a3f7-09821d48335c)

## About the filer

- CIK: 1562151
- Tickers: CWGL
- Exchange: OTC
- SIC code: 2080 Beverages
- State of incorporation: DE
- Filer category: Non-accelerated filer<br>Smaller reporting company

Source: SEC EDGAR, XBRL company facts, the filing index and Forms 4. Last ingested by Listed: Oct 24, 2026, 15:43 ET. No prices; not investment advice.
