)
Edge14 Nov 2025
Ball: The King of Cans
From a 19th-century glass-jar legacy to a global plant network, Ball is now a pure-play aluminum can partner to the world's biggest beverage brands.
Leef Brands (LEEF) investor relations material
Leef Brands Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q3 2025 earnings summary4 Nov, 2025
Executive summary
Achieved a key inflection point with a vertically integrated model in California and rapid expansion into New York, driving improved revenue, profitability, and cash flow in Q3 2025.
Revenue grew 24% year-over-year to $8.4 million, driven by increased California market share and new sales in New York.
Gross margin more than doubled to 45% from 22% year-over-year, reflecting lower input costs and higher-margin sales.
Completed first harvest at Salisbury Canyon Ranch, exceeding yield and quality expectations, supporting in-house cultivation and extraction.
Launched New York operations in record time, with all 2025 output pre-sold and high-margin sales underway.
Financial highlights
Q3 2025 revenue was $8.4 million, up 24% year-over-year, but down 4% sequentially due to seasonal softness.
Gross profit rose to $3.8 million, up 155% year-over-year and 80% sequentially; gross margin expanded to 45% from 22% a year ago.
Operating expenses declined by 12% year-over-year and sequentially, totaling $3.9 million.
Adjusted EBITDA was $736,000, improving by $3.1 million year-over-year and $2 million sequentially.
Free cash flow turned positive at $0.2 million, compared to ($0.3) million a year ago.
Outlook and guidance
Expect significant upside in Q4 2025 and into 2026 as more of the farm’s output is processed and New York’s hydrocarbon line comes online.
Plan to expand into one new state every 12-24 months, focusing on markets with strong growth, reliable supply, and established sales channels.
Monitoring federal reform, with potential rescheduling or descheduling of cannabis seen as a major catalyst for the industry.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Leef Brands earnings date
Q4 202517 Feb, 2026
Next Leef Brands earnings date
Q4 202517 Feb, 2026
The essential earnings season companion
The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
)
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage