)
Sow Good (SOWG) investor relations material
Sow Good Q3 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Q3 2025 featured significant operational streamlining, including vacating two major facilities and reducing the footprint by over 370,000 sq ft, resulting in over $5 million in annualized rent savings and payroll reductions.
The company specializes in freeze-dried candy, offering 15 SKUs and distributing to about 5,000 U.S. retail outlets as of September 30, 2025.
Management implemented cost-cutting, debt restructuring, and lease exits to improve financial position.
Focus shifted to clean-label, innovative products, with new SKUs and the first private-label partnership secured with a 600-store national retailer for Caramel Crunch, shipping in H1 2026.
Leadership remains confident in the strategy, supported by insider capital commitments and a leaner operational structure.
Financial highlights
Q3 2025 revenue was $1.6 million, down from $3.6 million in Q3 2024, mainly due to discontinued SKUs, lower average selling prices, and increased competition.
Gross loss was $8.9 million in Q3 2025 versus a gross profit of $0.6 million in Q3 2024; gross margin was -576% due to $8.5 million in non-cash inventory charges.
Net loss was $10.9 million ($0.90 per share) in Q3 2025, compared to $3.4 million ($0.33 per share) in Q3 2024, primarily due to noncash inventory reserve charges and decreased sales.
Operating expenses decreased to $3.7 million in Q3 2025 from $3.8 million in Q3 2024, reflecting cost optimization.
Cash and cash equivalents at September 30, 2025 were $387,294, down from $3.7 million at year-end 2024.
Outlook and guidance
Facility consolidations and automation are expected to reduce monthly expenses to $450,000–$550,000 after January 2026.
Management warns of substantial doubt about ability to continue as a going concern without additional funding.
The company expects gradual margin improvement from mid-2026 and aims to return to profitability in 2026, leveraging new product launches and expanded retail partnerships.
Ongoing discussions with national retailers for additional private-label opportunities and product extensions.
Co-founders committed up to $1 million in working capital post-quarter, though not yet formalized.
Next Sow Good earnings date
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
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.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
)
)
)
Frequently asked questions
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.
Explore our global coverage