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...
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
Heritage Distilling Holding Company, Inc. Q3 FY2025 Financial Summary
Heritage Distilling Holding Company, Inc. reported revenue of $3.0M (up 69.7% YoY) for Q3 FY2025, with a net profit of $196.3M (up 5817.1% YoY) (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 FY2025 |
Revenue Breakdown
Heritage Distilling Holding Company, Inc. Q3 FY2025 revenue of $3.0M breaks down across 2 segments, led by IP Strategy Segment at $1.9M (63.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| IP Strategy Segment | $1.9M | 63.9% |
| Heritage Distilling Segment | $1.1M | 36.1% |
Heritage Distilling Holding Company, Inc. Annual Revenue by Year
Heritage Distilling Holding Company, Inc. annual revenue history includes year-by-year totals (for example, 2025 revenue was $10.1M).
| Year | Annual Revenue |
|---|---|
| 2025 | $10.1M |
Heritage Distilling Holding Company, Inc. Quarterly Revenue & Net Profit History
Heritage Distilling Holding Company, Inc. results over the last 5 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q4 FY2025 | $4.7M | — | $-323.7M | -6862.0% |
| Q3 FY2025 | $3.0M | +69.7% | $196.3M | 6566.2% |
| Q2 FY2025 | $1.3M | — | $-7.3M | -551.9% |
| Q1 FY2025 | $1.1M | — | $-3.0M | -277.8% |
| Q3 FY2024 | $1.8M | — | $-3.4M | -194.9% |
Income Statement
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|
| Revenue | $1.8M | $1.1M | $1.3M | $3.0M | $4.7M |
| YoY Growth | N/A | N/A | N/A | 69.7% | N/A |
Balance Sheet
| Q3 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|---|
| Assets | $31.1M | $27.1M | $26.5M | $482.8M | $108.8M |
| Liabilities | $65.1M | $27.4M | $29.4M | $62.3M | $10.5M |
| Equity | $-34.0M | $-328976 | $-2.9M | $420.4M | $98.2M |
Cash Flow
| Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | |
|---|---|---|---|---|
| Operating CF | $-2.0M | $-1.5M | $-4.3M | $-7.5M |