Flora Growth Corp.FLGCEarnings & Financial Report
Flora Growth Corp is a global cannabis and wellness enterprise cultivating, processing, and distributing premium cannabis and hemp-derived products including consumer goods, skincare lines, and therapeutic formulations. It operates mainly across Latin American, North American, and European markets, serving recreational and medicinal cannabis segments.
FLGC Q2 FY2026 Key Financial Metrics
Revenue
$-654.0K
Gross Profit
$-4.4M
Operating Profit
$-147.8M
Net Profit
$-109.9M
Gross Margin
673.4%
Operating Margin
22606.0%
Net Margin
16804.7%
YoY Growth
87.1%
EPS
$-34.29
Flora Growth Corp. Q2 FY2026 Financial Summary
Flora Growth Corp. reported revenue of $-654.0K (up 87.1% YoY) for Q2 FY2026, with a net profit of $-109.9M (down 1692.9% YoY) (16804.7% margin). Cost of goods sold was $3.8M, operating expenses totaled $143.4M.
Key Financial Metrics
| Total Revenue | $-654.0K |
|---|---|
| Net Profit | $-109.9M |
| Gross Margin | 673.4% |
| Operating Margin | 22606.0% |
| Report Period | Q2 FY2026 |
Flora Growth Corp. Annual Revenue by Year
Flora Growth Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $28.7M).
Flora Growth Corp. Quarterly Revenue & Net Profit History
Flora Growth Corp. results over the last 8 reported quarters, including revenue, net profit and year-over-year growth.
| Quarter | Revenue | Revenue YoY | Net Profit | Net Margin |
|---|---|---|---|---|
| Q2 FY2026 | $-654.0K | +87.1% | $-109.9M | 16804.7% |
| Q1 FY2026 | $9.7M | -21.8% | $-6.7M | -68.3% |
| Q4 FY2025 | $14.8M | -5.7% | $-2.4M | -16.3% |
| Q3 FY2025 | $11.8M | -34.6% | $-758.0K | -6.4% |
| Q2 FY2025 | $-5.1M | -128.3% | $-6.1M | 120.5% |
| Q1 FY2025 | $7.2M | -58.2% | $-3.8M | -52.1% |
| Q4 FY2024 | $15.7M | -26.9% | $-2.6M | -16.8% |
| Q3 FY2024 | $18.0M | -6.7% | $-3.4M | -18.7% |
Income Statement
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $18.0M | $15.7M | $7.2M | $-5.1M | $11.8M | $14.8M | $9.7M | $-654000 |
| YoY Growth | -6.7% | -26.9% | -58.2% | -128.3% | -34.6% | -5.7% | -21.8% | 87.1% |
Balance Sheet
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $24.3M | $30.1M | $29.3M | $26.2M | $22.4M | $22.7M | $74.0M | $130.2M |
| Liabilities | $21.1M | $21.8M | $24.1M | $21.7M | $17.6M | $18.6M | $9.1M | $59.7M |
| Equity | $3.1M | $7.3M | $4.3M | $4.5M | $4.8M | $4.0M | $64.9M | $70.6M |
Cash Flow
| Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | Q2 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.3M | $-265000 | $-2.1M | $-1.3M | $-2.7M | $-2.9M | $100000 | $-3.2M |