Key Takeaways
- Edible Garden reported 9% revenue growth, reflecting early benefits from its shift toward a CEA-informed consumer packaged goods (CPG) strategy.
- Non-perishable unit sales increased 49.3% year-over-year, supported by brands including Kick. Sports Nutrition, Pickle Party™, Pulp®, and Vitamin Whey®.
- Fresh herb performance continued to strengthen, with same-store hydroponic basil, potted herbs, and wheatgrass showing double-digit growth.
- The company expanded retail distribution through Kroger, The Fresh Market, and international partners such as PriceSmart and Amazon.
- Net loss widened to $4.0 million, driven by increased SG&A and expenses tied to recent asset acquisitions and infrastructure expansion.
Edible Garden Highlights Progress in Transition Toward CPG Model
Edible Garden reported financial results for the third quarter ended September 30, 2025, noting early traction from its transition toward a consumer packaged goods model. The third quarter, typically the company’s slowest, saw revenue rise 9% to $2.8 million, supported by strong growth in non-perishable product lines.
CEO Jim Kras said the results reinforce the company’s strategic shift, pointing to expanded distribution partnerships, increased shelf-stable product demand, and broader retail adoption of fresh herb offerings. The company added Kroger, The Fresh Market, Pete’s Fresh Market, and Angelo Caputo’s Fresh Markets to its network, while deepening international reach through PriceSmart and Amazon.
Edible Garden Expands Product Portfolio and Retail Footprint
Non-perishable sales rose 49.3% year-over-year, driven by growth in branded products including Kick. Sports Nutrition, Pickle Party™, Pulp®, and Vitamin Whey®. Fresh product performance also improved, with same-store hydroponic basil up 28.6%, potted herbs up 22.6%, and wheatgrass up 59.2%.
The company noted that its USDA Organic fresh herb line launched at Kroger, while branded herb products expanded into additional regional retailers. These initiatives support Edible Garden’s Zero-Waste Inspired® mission and long-term goal of developing diversified, sustainable food categories.
Kras added that the acquisition of NaturalShrimp assets enhances vertical integration and supports future product innovation in sustainable aquaculture.
Reports Higher SG&A and Net Loss for Q3 2025
Gross profit totaled $0.3 million, compared to $0.7 million in the prior-year period, reflecting higher labor, freight, raw material, and nutraceutical supply chain costs. Selling, general and administrative expenses increased to $3.8 million primarily due to depreciation linked to acquired assets and professional service costs.
The company refinanced its outstanding debt at lower interest rates, a move expected to reduce annual interest expense and support future growth initiatives. Net loss for the quarter was $4.0 million, compared to $2.1 million in Q3 2024.
Edible Garden
Edible Garden is a farming company focused on sustainable agriculture through proprietary technologies and eco-friendly practices. The company operates modern greenhouse facilities that utilize automation and hydroponic growing techniques to produce herbs and vegetables year-round.
Its closed-loop systems aim to reduce land, water, and energy use when compared to conventional farming. The company emphasizes food safety and has received certifications including USDA Organic, non-GMO Project, Primus, GFSI, HACCP, and PACA.
