Heritage Distilling Holding Company, Inc.IPSTEarnings & Financial Report
Newport Craft Brewing & Distilling Company is a brewery and distillery located in Newport, Rhode Island. Established in 1999 as the Coastal Extreme Brewing Company, it was the first microbrewery in Newport and began distilling operations in 2006. The company produces a range of beers and spirits that are distributed in the Northeastern United States. In 2018 it adopted its current name to reflect its combined brewing and distilling operations. Newport Craft is owned by Audrain Hospitality Gro...
IPST Q3 2025 Key Financial Metrics
Revenue
$3.0M
Gross Profit
$1.8M
Operating Profit
$-1.1M
Net Profit
$196.3M
Gross Margin
61.3%
Operating Margin
-38.4%
Net Margin
6566.2%
YoY Growth
69.7%
EPS
$16.97
Financial Flow
Heritage Distilling Holding Company, Inc. Q3 2025 Financial Summary
Heritage Distilling Holding Company, Inc. reported revenue of $3.0M for Q3 2025, with a net profit of $196.3M (6566.2% margin). Cost of goods sold was $1.2M, operating expenses totaled $3.0M.
Key Financial Metrics
| Total Revenue | $3.0M |
|---|---|
| Net Profit | $196.3M |
| Gross Margin | 61.3% |
| Operating Margin | -38.4% |
| Report Period | Q3 2025 |
Heritage Distilling Holding Company, Inc. Annual Revenue by Year
Heritage Distilling Holding Company, Inc. annual revenue history includes year-by-year totals (for example, 2024 revenue was $8.4M).
| Year | Annual Revenue |
|---|---|
| 2024 | $8.4M |
Income Statement
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $2.1M | $1.7M | $1.8M | $1.8M | $3.1M | $1.1M | $1.3M | $3.0M |
| YoY Growth | N/A | N/A | N/A | -15.6% | N/A | -36.0% | -28.3% | 69.7% |
Balance Sheet
| Q3 2023 | Q1 2024 | Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|---|---|---|
| Assets | N/A | N/A | N/A | $31.1M | $28.0M | $27.1M | $26.5M | $482.8M |
| Liabilities | N/A | N/A | N/A | $65.1M | $27.2M | $27.4M | $29.4M | $62.3M |
| Equity | $-38.3M | $-43.0M | $-32.7M | $-34.0M | $791767 | $-328976 | $-2.9M | $420.4M |
Cash Flow
| Q1 2024 | Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | |
|---|---|---|---|---|---|
| Operating CF | $-2.7M | $-845274 | $-2.0M | $-1.5M | $-4.3M |