Heritage Distilling Holding Company, Inc. (CASK) Financial Statements
Industry: Beverages
In fiscal 2025, Heritage Distilling reported revenue of $10.1M, up 20.4% from $8.4M the year before. Net income was -$137.7M (a -1360.9% net margin), or -$320.60 per diluted share. Gross margin was 54.9% and operating margin was -1323.6%. Operating activities generated -$15.3M of cash, leaving -$15.4M of free cash flow. At fiscal year end, Heritage Distilling held $108.8M in total assets against $10.5M in total liabilities.
Open the full interactive Heritage Distilling financials → Quarterly statements, key ratios, valuation history and price charts.
Heritage Distilling Key Stats
| Share Price | $2.82 |
|---|---|
| Market Cap | $1.4M |
| Revenue YoY Growth | +20.4% |
| 52-Week Range | $1.91 – $296.40 |
| Shares Outstanding | 496,228 (basic, 2026 Q1) |
Heritage Distilling Income Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Revenue | $8.4M | $10.1M |
| Cost of Goods Sold | $6.3M | — |
| Gross Profit | $2.1M | $5.6M |
| Operating Income | -$14.9M | -$133.9M |
| Pre-Tax Income | $719,608 | -$137.7M |
| Income Tax | $9,150 | -$8,490 |
| Net Income | $710,458 | -$137.7M |
| Diluted EPS | -$788.00 | -$320.60 |
Heritage Distilling Quarterly Results
| 2025 Q2 | 2025 Q3 | 2025 Q4 | 2026 Q1 | |
|---|---|---|---|---|
| Revenue | $1.3M | $3.0M | $4.7M | $1.7M |
| Net Income | -$7.3M | $196.3M | -$323.7M | -$66.7M |
| Diluted EPS | -$308.00 | $339.40 | -$37.55 | -$134.70 |
Heritage Distilling Balance Sheet
| FY 2024 | FY 2025 | |
|---|---|---|
| Current Assets | $3.9M | $2.7M |
| Total Assets | $28.0M | $108.8M |
| Current Liabilities | $13.8M | $8.9M |
| Total Long-Term Debt | $13.2M | $2.6M |
| Total Liabilities | $27.2M | $10.5M |
| Shareholders' Equity | $800,000 | $98.2M |
Heritage Distilling Cash Flow Statement
| FY 2024 | FY 2025 | |
|---|---|---|
| Cash From Operations | -$11.2M | -$15.3M |
| Cash From Investing | -$101,331 | -$16.5M |
| Cash From Financing | $11.7M | $31.6M |
| Free Cash Flow | -$11.3M | -$15.4M |
Figures from Heritage Distilling's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Heritage Distilling financials page for every line item.
Heritage Distilling Company Profile
| Ticker | CASK |
|---|---|
| Exchange | Nasdaq |
| Industry | Beverages |
| Headquarters | Gig Harbor, Washington |
| Incorporated in | Delaware |
| Fiscal Year End | December 31 |
| SEC Filer Category | Emerging growth company |
| SEC CIK | 0001788230 |
Frequently Asked Questions
What was Heritage Distilling's revenue in fiscal 2025?
Heritage Distilling (CASK) reported revenue of $10.1M for fiscal 2025.
What was Heritage Distilling's net income in fiscal 2025?
Heritage Distilling reported net income of -$137.7M for fiscal 2025.
What was Heritage Distilling's earnings per share (EPS) in fiscal 2025?
Heritage Distilling's diluted EPS was -$320.60 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Heritage Distilling generate in fiscal 2025?
Heritage Distilling generated -$15.4M of free cash flow in fiscal 2025.
What was Heritage Distilling's revenue last quarter?
In its most recent reported quarter (2026 Q1), Heritage Distilling reported revenue of $1.7M.
How much debt does Heritage Distilling have?
Heritage Distilling reported $2.6M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Heritage Distilling are outstanding?
Heritage Distilling reported a weighted average of 496,228 basic shares outstanding in 2026 Q1.
What is Heritage Distilling's market cap?
Based on its latest closing price, Heritage Distilling (CASK) has a market capitalization of about $1.4M.
When does Heritage Distilling's fiscal year end?
Heritage Distilling's fiscal year end, as registered with the SEC, is December 31.
Where is Heritage Distilling headquartered?
Heritage Distilling lists its business address in Gig Harbor, Washington in its SEC filings.