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Target Group (CBDY) Q2 2026 earnings results (second quarter 2026)

10-Q filed Aug 13, 2026

Target Group (CBDY) reported revenue of $1.4M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +57% from the quarter before. Operating margin was -17.4%, net loss $240K (17.4% of revenue).

Revenue$1.4M
Year over year+11%
Quarter over quarter+57%
Operating margin-17.4%
Net earnings−$240K

Target Group, Q2 2026: revenue $1.4M (+11% year over year), operating margin -17.4%, net loss $240K, operating cash flow −$223K. The chart follows the revenue to costs, profit and cash.

Q2 2026AmountQ/QY/Y
Revenue$1.4M+57%+11%
Operating profit−$240K——
Net earnings−$240K——
Operating cash flow−$223K—-146%

What changed

Revenue was $1.4M in Q2 2026, up 11% year over year and up 57% from the previous quarter.

Gross margin was 45.5%, down 14.3 points from Q2 2025. Operating costs exceeded revenue by $240K, an operating margin of -17.4%. Operating expenses fell 10% while revenue rose 11%. The quarter ended with a net loss of $240K, narrower than the previous quarter's $550K loss.

Operating cash flow was −$223K. Non-cash charges added back $229K of depreciation. Working capital and other items used $212K.

Questions

What was Target Group's revenue in the second quarter 2026?

Target Group (CBDY) reported revenue of $1.4M for the second quarter 2026 (Q2 2026), +11% from a year earlier and +57% from the quarter before.

Was Target Group profitable in the second quarter 2026?

Operating loss was $240K (-17.4% of revenue) and net loss $240K.

Open the interactive Sankey →

Source: Target Group 10-Q on SEC EDGAR.