Quarterly ResultAug 5, 2026, 06:08 AM
Grown Rogue Q2 Revenue +40.7% to $11.27M; Net Loss $(1.48M)
AI Summary
Grown Rogue International Inc. reported a 40.7% increase in Q2 2026 revenue to $11.27 million, but swung to a net loss of $(1.48) million, or $(0.01) per share, compared to net income in the prior year. For the six months ended June 30, 2026, revenue grew 34.8% to $20.43 million, with a net loss of $(3.69) million. The company also sold a 20% non-controlling interest in GRMA for $2.99 million and changed its functional currency to USD.
Key Highlights
- Q2 2026 revenue increased 40.7% to $11.27 million.
- Q2 2026 net loss was $(1.48) million, or $(0.01) per share.
- Six-month revenue increased 34.8% to $20.43 million.
- Six-month net loss was $(3.69) million, or $(0.02) per share.
- Net cash provided by operating activities was $4.25 million for six months.
- Total assets grew to $65.02 million as of June 30, 2026.
- Sold 20% non-controlling interest in GRMA for $2.99 million.
- Changed functional currency from CAD to USD effective January 1, 2026.
Price Impact
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