Blum Holdings Reports Third Consecutive Quarter of Revenue Growth

Reuters

2025/11/14

Blum Holdings Reports Third Consecutive Quarter of Revenue Growth

Blum Holdings Inc. reported its financial results for the third quarter ended September 30, 2025. The company recorded revenue of $4.8 million in Q3 2025, representing a 39% increase over the previous quarter's $3.5 million. Revenue rose 117% from Q1 to Q3 2025. The company attributed the revenue growth in part to the acquisition of the Redding store during the third quarter. Selling, general and administrative (SG&A) expenses grew by 51% over the same period, but SG&A as a percentage of revenue decreased from 111% in Q1 to 79% in Q3, indicating improved operating leverage. Gross margin for Q3 2025 was 48%, compared to 49% in Q2 2025, reflecting the impact of the Santa Clara County acquisition which operates with a value-oriented pricing model. The company stated that integration efforts are nearing completion and emphasized a focus on profitability and strengthening its balance sheet moving forward.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blum Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9575878-en) on November 14, 2025, and is solely responsible for the information contained therein.

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The company recorded revenue of $4.8 million in Q3 2025, representing a 39% increase over the previous quarter's $3.5 million. Revenue rose 117% from Q1 to Q3 2025. The company attributed the revenue growth in part to the acquisition of the Redding store during the third quarter. Selling, general and administrative (SG&amp;A) expenses grew by 51% over the same period, but SG&amp;A as a percentage of revenue decreased from 111% in Q1 to 79% in Q3, indicating improved operating leverage. Gross margin for Q3 2025 was 48%, compared to 49% in <a href=\"https://laohu8.com/S/QTWO\">Q2</a> 2025, reflecting the impact of the Santa Clara County acquisition which operates with a value-oriented pricing model. The company stated that integration efforts are nearing completion and emphasized a focus on profitability and strengthening its balance sheet moving forward.\n      </p>\n</div><div xmlns:xsd=\"http://www.w3.org/2001/XMLSchema\" xmlns:xsi=\"http://www.w3.org/2001/XMLSchema-instance\">\n<em>Disclaimer: <span>This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blum Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9575878-en) on November 14, 2025, and is solely responsible for the information contained therein.</span></em>\n</div></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"IE00BKPKM429.USD","symbol_name":"NEUBERGER BERMAN GLOBAL SUSTAINABLE EQUITY \"A\" (USD) ACC","start_time":0,"source_url":"https://api.refinitiv.com/data/news/v1/stories/urn:newsml:reuters.com:20251114:nNDL8c3Mmr:1","article_id":"2583506165","we_media_id":"1032215980","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2583506165","pubTimestamp":1763125226,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Reuters","introduction":"Reuters.com brings you the latest news from around the world, covering breaking news in markets, business, politics, entertainment and technology","home_visible":1,"id":"1032215980","head_image":"https://community-static.tradeup.com/news/4567337cbdf294b657b1fa87c5488b48"},"summary":"Blum Holdings Inc. reported its financial results for the third quarter ended September 30, 2025. The company recorded revenue of $4.8 million in Q3 2025, representing a 39% increase over the previous quarter's $3.5 million. Revenue rose 117% from Q1 to Q3 2025. The company attributed the revenue growth in part to the acquisition of the Redding store during the third quarter. Selling, general and administrative  expenses grew by 51% over the same period, but SG&A as a percentage of revenue decreased from 111% in Q1 to 79% in Q3, indicating improved operating leverage. Gross margin for Q3 2025 was 48%, compared to 49% in Q2 2025, reflecting the impact of the Santa Clara County acquisition which operates with a value-oriented pricing model. 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The company recorded revenue of $4.8 million in Q3 2025, representing a 39% increase over the previous quarter's $3.5 million. Revenue rose 117% from Q1 to Q3 2025. The company attributed the revenue growth in part to the acquisition of the Redding store during the third quarter. Selling, general and administrative (SG&A) expenses grew by 51% over the same period, but SG&A as a percentage of revenue decreased from 111% in Q1 to 79% in Q3, indicating improved operating leverage. Gross margin for Q3 2025 was 48%, compared to 49% in Q2 2025, reflecting the impact of the Santa Clara County acquisition which operates with a value-oriented pricing model. The company stated that integration efforts are nearing completion and emphasized a focus on profitability and strengthening its balance sheet moving forward.\n      \n\nDisclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Blum Holdings Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: GNW9575878-en) on November 14, 2025, and is solely responsible for the information contained therein.","kind":"highlight","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"express","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":true,"code":"91000000","status":"200"}}}