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.
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
Flora Growth Corp. Q1 FY2026 Financial Summary
Flora Growth Corp. reported revenue of $9.7M (down 21.8% YoY) for Q1 FY2026, with a net profit of $-6.7M (down 76.5% YoY) (-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 FY2026 |
Revenue Breakdown
Flora Growth Corp. Q1 FY2026 revenue of $9.7M breaks down across 2 segments, led by Other at $5.3M (53.9% of total).
| Segment | Revenue | % of Total |
|---|---|---|
| Other | $5.3M | 53.9% |
| Segment Discontinued Operations | $4.5M | 46.1% |
Flora Growth Corp. Revenue by Segment — Quarterly Trend
Flora Growth Corp. revenue by segment across the last 4 reported quarters, showing how each business line (such as Other and Segment Discontinued Operations) has evolved quarter over quarter.
| Segment | Q2 FY2026 | Q1 FY2026 | Q4 FY2025 | Q3 FY2025 |
|---|---|---|---|---|
| Other | — | $5.3M | $7.2M | $4.5M |
| Segment Discontinued Operations | — | $4.5M | — | — |
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).
| Year | Annual Revenue |
|---|---|
| 2025 | $28.7M |
| 2024 | $69.0M |
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 |