Willamette Valley Vineyards, Inc. filed its quarterly report on Form 10-Q for the period ended September 30, 2026, disclosing a nine-month net loss of $3,005,769 and a third-quarter net loss of $1,050,820.

Key Highlights

  • Nine-month net loss of $3,005,769 compared with a net loss of $1,728,636 in the same period of 2025, according to the filing.
  • Nine-month net sales of $27,193,889 versus $26,090,546 in the nine months ended September 30, 2025.
  • Loss applicable to common shareholders was $(0.97) per basic and diluted share for the nine months ended September 30, 2026, against $(0.69) for the same period in 2025.
  • Total assets of $103,696,237 at September 30, 2026, down from $107,735,599 at December 31, 2025.
  • Redeemable preferred stock reached 11,022,522 shares outstanding with a liquidation preference of $47,561,679 as of September 30, 2026.
  • Common shares outstanding were 4,979,529 as of November 11, 2026, unchanged from December 31, 2025.
  • Retained earnings fell to $9,369,237 at September 30, 2026, from $14,193,219 at December 31, 2025.

Willamette Valley Vineyards Reports Wider Operating Loss Through September 2026

According to the Form 10-Q filed with the SEC for the quarterly period ended September 30, 2026, Willamette Valley Vineyards (NASDAQ:WVVI) reported net sales of $8,901,461 for the third quarter of 2026, up from $8,353,200 in the third quarter of 2025. Gross profit for the quarter was $5,320,799 versus $5,003,972 in the prior-year quarter. Despite higher gross profit, total operating expenses reached $6,430,615 for the third quarter of 2026, compared with $6,217,499 in the same quarter of 2025, driven by sales and marketing expenses of $4,613,909 and general and administrative expenses of $1,816,706.

For the nine months ended September 30, 2026, the company reported a loss from operations of $(3,141,580), compared with $(1,685,341) in the nine months ended September 30, 2025. Net interest expense for the nine-month period was $815,070, down from $873,323 in the prior-year period. After an income tax benefit of $733,471, the nine-month net loss stood at $3,005,769. Accrued preferred stock dividends of $1,818,213 for the nine months brought the loss applicable to common shareholders to $(4,823,982), or $(0.97) per share.

On the balance sheet as of September 30, 2026, the company reported cash and cash equivalents of $609,194, inventories of $32,823,025, and total current liabilities of $14,515,288. Long-term debt, net of current portion and debt issuance costs, was $11,143,272, reduced from $14,017,343 at December 31, 2025. Total shareholders' equity was $65,406,687 at September 30, 2026, compared with $66,188,175 at year-end 2025. The company also disclosed a Series A Redeemable Preferred Stock outstanding under the trading symbol WVVIP on the NASDAQ Capital Market.

What Was Disclosed

The filing covers Willamette Valley Vineyards' unaudited financial results for the three and nine months ended September 30, 2026, including condensed balance sheets, statements of operations, shareholders' equity activity, and cash flow data for both the current and prior-year comparable periods.