AMASS Brands Inc. (Nasdaq: AMSS) announced preliminary, unaudited net revenue for the third quarter ended September 30, 2026, of approximately $5.3 million. This figure represents a 30% increase compared to the same period in the prior year, which was $4.1 million. The company stated that this revenue exceeded its third-quarter guidance of at least $4.4 million by approximately 20%.
The company reported that its Core Brand net revenue grew by approximately 67% to about $3.8 million. Within the portfolio, the Wine & Spirits segment generated approximately $4.7 million in net revenue, up 18% year-over-year. Additionally, the Non-Alcoholic and Functional segment saw its revenue increase by 5.1 times compared to the prior-year quarter, rising from approximately $0.4 million to about $0.6 million.
Specific brand performance highlights included Good Twin retail sales growing 144% in the latest four weeks, while Pizzolato maintained its position as the #1 organic sparkling wine in the U.S. with nearly 29% dollar share. The company also noted the expansion of its AMASS Electrolytes product into six key U.S. markets, including Southern Glazer’s Wine & Spirits in California and Great Lakes Wine & Spirits in Michigan.
Management stated that these results were based on an initial review of the quarter and are subject to final adjustments. The company expects to report full third quarter 2026 financial results after market close on or before November 16, 2026. The filing includes a standard risk disclosure noting that the preliminary results may differ materially from the final figures and that there is substantial doubt regarding the company's ability to continue as a going concern.
