Crimson Wine Group, Ltd.
- CWGL · OTC
- Beverages
- Napa, CA
- 219 employees
- CIK 0001562151
Updated from SEC filings through
Top things to know
Executives
- Jennifer L. Locke Chief Executive Officer 10-K, 2026-03-17
- Adam D. Howell Chief Financial Officer 10-K, 2026-03-17
- Nicolas Michel Eric Quille Chief Winemaking & COO 4, 2026-05-22
- Nicolas M.E. Quillé, MW Chief Winemaking and Operations Officer 10-K, 2026-03-17
- John D. Cumming Chairman of the Board of Directors 10-K, 2026-03-17
Crimson Wine Group, Ltd is a U.S. public company in beverages (SIC 2080), headquartered in Napa, CA. It trades as CWGL on OTC. Revenue was $65.1M in the fiscal year ending December 31, 2025, -10.8% from the year before. It reported about 219 employees. Jennifer L. Locke is Chief Executive Officer.
Five-year financials
| Metric | FY2025 | FY2024 | FY2023 | FY2022 | FY2021 |
|---|---|---|---|---|---|
| Revenue | $65.1M 10-K, 2026-03-17 | $73.0M 10-K, 2026-03-17 | $72.4M 10-K, 2025-03-18 | $74.2M 10-K, 2024-03-19 | $68.9M 10-K, 2023-03-13 |
| Operating income | -$3.7M 10-K, 2026-03-17 | $68K 10-K, 2026-03-17 | $2.0M 10-K, 2025-03-18 | $2.0M 10-K, 2024-03-19 | $244K 10-K, 2023-03-13 |
| SG&A | $32.1M 10-K, 2026-03-17 | $34.2M 10-K, 2026-03-17 | $31.7M 10-K, 2025-03-18 | $30.5M 10-K, 2024-03-19 | $28.8M 10-K, 2023-03-13 |
| Net income | $613K 10-K, 2026-03-17 | $851K 10-K, 2026-03-17 | $3.1M 10-K, 2025-03-18 | $1.1M 10-K, 2024-03-19 | $3.2M 10-K, 2023-03-13 |
Annual figures from XBRL in each company's own filings. Click a figure to open the filing. SG&A marked derived is general and administrative plus selling and marketing.
Leadership and board
| Name | Title | Source |
|---|---|---|
| Jennifer L. Locke | Chief Executive Officer | 10-K, 2026-03-17 |
| Adam D. Howell Chief Financial Officer at Crimson Wine Group | Chief Financial Officer | 10-K, 2026-03-17 |
| Nicolas Michel Eric Quille | Chief Winemaking & COO | 4, 2026-05-22 |
| Nicolas M.E. Quillé, MW | Chief Winemaking and Operations Officer | 10-K, 2026-03-17 |
| John D. Cumming | Chairman of the Board of Directors | 10-K, 2026-03-17 |
| Annette D. Alvarez-Peters | Director | 10-K, 2026-03-17 |
| Avraham M. Neikrug | Director | 10-K, 2026-03-17 |
| Colby A. Rollins | Director | 10-K, 2026-03-17 |
| Joseph S. Steinberg | Director | 10-K, 2026-03-17 |
| Luanne D. Tierney | Director | 10-K, 2026-03-17 |
What Crimson Wine Group, Ltd does
, wines that retail for over $16 per 750ml bottle). Crimson is headquartered in Napa, California, and through its wholly-owned subsidiaries, owns seven primary wine estates and brands: Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery and Malene Wines.
Item 1. Business, 10-K for the year ending December 31, 2025
Shares and governance
| Shares outstanding | 20.6 million (as of October 30, 2026) | 10-Q, November 5, 2026 |
|---|---|---|
| Public float | $74.1M (as of June 30, 2025) | 10-K, March 17, 2026 |
| Reportable segments | 2 (period ending September 30, 2026) | 10-Q, November 5, 2026 |
| Latest proxy statement | Meeting July 23, 2026 (filed May 28, 2026) | DEF 14A, May 28, 2026 |
| Auditor | Bpm LLP (Santa Rosa, California) | Latest 10-K |
Insider trades
Open-market buys and sales by officers and directors, from Forms 4 and 5. One row per filing.
| Date | Insider | Trade | Shares | Value | Source |
|---|---|---|---|---|---|
| May 22, 2026 | Joseph S. Steinberg Director | Buy | 7,474 | $30K | Form 4, May 26, 2026 |
| May 21, 2026 | Nicolas Michel Eric Quille Chief Winemaking & COO | Buy | 1,000 | $4K | Form 4, May 22, 2026 |
| November 20, 2025 | Joseph S. Steinberg Director | Buy | 106,308 | $527K | Form 4, November 24, 2025 |
| November 20, 2025 | John D. Cumming Director | Buy | 106,308 | $527K | Form 4, November 24, 2025 |
| November 19, 2025 | Colby A. Rollins Director | Buy | 900 | $4K | Form 4, November 21, 2025 |
| November 14, 2025 | Nicolas Michel Eric Quille Chief Winemaking & COO | Buy | 500 | $3K | Form 4, November 17, 2025 |
Recent 8-K events
- 8-K filed 2026-07-28
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2026-02-09
- Item 1.01 Entry into a material definitive agreement
- Item 2.01 Completion of acquisition or disposition of assets
- Item 7.01 Regulation FD disclosure
- 8-K filed 2025-07-23
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2024-11-01
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2024-07-29
- Item 5.07 Submission of matters to a vote of security holders
- 8-K filed 2024-07-25
- Item 1.05 Material cybersecurity incident
- 8-K filed 2024-07-05
- Item 8.01 Other events
- 8-K filed 2023-12-04
- Item 5.02 Departure or appointment of directors or officers; compensation
- Item 7.01 Regulation FD disclosure
- 8-K filed 2023-10-11
- Item 5.02 Departure or appointment of directors or officers; compensation
- 8-K filed 2023-08-04
- Item 5.02 Departure or appointment of directors or officers; compensation
Frequently asked questions about Crimson Wine Group, Ltd
- What does Crimson Wine Group, Ltd do?
- In its own words, from Item 1 of its 10-K: ", wines that retail for over $16 per 750ml bottle). Crimson is headquartered in Napa, California, and through its wholly-owned subsidiaries, owns seven primary wine estates and brands: Pine Ridge Vineyards, Archery Summit, Chamisal Vineyards, Seghesio Family Vineyards, Double Canyon, Seven Hills Winery and Malene Wines."
- What is Crimson Wine Group, Ltd's revenue?
- $65.1M for the fiscal year ending December 31, 2025, from its 10-K filed March 17, 2026.
- Is Crimson Wine Group, Ltd profitable?
- Crimson Wine Group, Ltd reported net income of $613K for the fiscal year ending December 31, 2025.
- How many employees does Crimson Wine Group, Ltd have?
- About 219 as of December 31, 2025, as stated in its annual report.
- Who is the CEO of Crimson Wine Group, Ltd?
- Jennifer L. Locke, Chief Executive Officer, as named in a 10-K filed March 17, 2026.
- Who is the CFO of Crimson Wine Group, Ltd?
- Adam D. Howell, Chief Financial Officer, as named in a 10-K filed March 17, 2026.
- Where is Crimson Wine Group, Ltd headquartered?
- Napa, CA.
- What is Crimson Wine Group, Ltd's stock ticker?
- CWGL on OTC.
- What industry is Crimson Wine Group, Ltd in?
- Beverages, SIC code 2080.
- What is Crimson Wine Group, Ltd's website?
- crimsonwinegroup.com.
- When does Crimson Wine Group, Ltd report earnings next?
- March 18, 2027. Source: estimate_10q_cadence.
- Is Crimson Wine Group, Ltd a public company?
- Yes. Crimson Wine Group, Ltd files with the SEC under CIK 0001562151 and trades as CWGL.
- Who audits Crimson Wine Group, Ltd?
- Bpm LLP, Santa Rosa, California, as named in its latest annual report (10-K).
- How many shares of Crimson Wine Group, Ltd are outstanding?
- 20.6 million shares as of October 30, 2026, from its 10-Q filed November 5, 2026.
- What is Crimson Wine Group, Ltd's public float?
- $74.1M as of June 30, 2025, as reported on the cover of its 10-K filed March 17, 2026.
- How many business segments does Crimson Wine Group, Ltd report?
- 2 reportable segments for the period ending September 30, 2026, from its 10-Q filed November 5, 2026.
- When is Crimson Wine Group, Ltd's annual shareholder meeting?
- July 23, 2026, per its proxy statement (DEF 14A) filed May 28, 2026.
- Have Crimson Wine Group, Ltd insiders traded stock recently?
- Since November 14, 2025, officers and directors reported 0 open-market sales and 6 purchases worth about $1.1M on Forms 4 and 5. The most recent: Joseph S. Steinberg (Director) bought 7,474 shares on May 22, 2026.