Flora Growth Corp.FLGCEarnings & Financial Report
Nasdaq
NextMar 24, 2026
FLGC Q1 2026 Key Financial Metrics
Revenue
$9.7M
Gross Profit
$335.0K
Operating Profit
$-3.3M
Net Profit
$-6.7M
Gross Margin
3.4%
Operating Margin
-33.5%
Net Margin
-68.3%
YoY Growth
-21.8%
EPS
$-9.05
Financial Flow
Flora Growth Corp. Q1 2026 Financial Summary
Flora Growth Corp. reported revenue of $9.7M for Q1 2026, with a net profit of $-6.7M (-68.3% margin). Cost of goods sold was $9.4M, operating expenses totaled $3.6M.
Key Financial Metrics
| Total Revenue | $9.7M |
|---|---|
| Net Profit | $-6.7M |
| Gross Margin | 3.4% |
| Operating Margin | -33.5% |
| Report Period | Q1 2026 |
Flora Growth Corp. Annual Revenue by Year
Flora Growth Corp. annual revenue history includes year-by-year totals (for example, 2025 revenue was $52.4M).
| Year | Annual Revenue |
|---|---|
| 2025 | $52.4M |
| 2024 | $68.2M |
Income Statement
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Revenue | $17.2M | $18.0M | $15.7M | $12.5M | $13.3M | $11.8M | $14.8M | $9.7M |
| YoY Growth | N/A | -10.3% | -26.9% | -28.0% | -22.5% | -34.6% | -5.7% | -21.8% |
Balance Sheet
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Assets | $23.6M | $24.3M | $30.1M | $29.3M | $26.2M | $22.4M | $22.7M | $74.0M |
| Liabilities | $17.2M | $21.1M | $21.8M | $24.1M | $21.7M | $17.6M | $18.6M | $9.1M |
| Equity | $6.4M | $3.1M | $7.3M | $4.3M | $4.5M | $4.8M | $4.0M | $64.9M |
Cash Flow
| Q2 2024 | Q3 2024 | Q4 2024 | Q1 2025 | Q2 2025 | Q3 2025 | Q4 2025 | Q1 2026 | |
|---|---|---|---|---|---|---|---|---|
| Operating CF | $-1.1M | $-1.3M | $-265000 | $-2.1M | $-1.3M | $-2.7M | $-2.9M | $100000 |