Filing Flows › Grown Rogue International (GRUSF) › Q2 2026
Grown Rogue International (GRUSF) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 5, 2026
Grown Rogue International (GRUSF) reported revenue of $11.3M for the second quarter 2026 (Q2 2026), +41% from a year earlier and +23% from the quarter before. Operating margin was 7.4%, net loss $1.5M (13.1% of revenue).
Grown Rogue International, Q2 2026: revenue $11.3M (+41% year over year), operating margin 7.4%, net loss $1.5M, operating cash flow $1.7M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $11.3M | +23% | +41% |
| Operating profit | $837K | +740% | — |
| Net earnings | −$1.5M | — | — |
| Operating cash flow | $1.7M | -32% | +393% |
What changed
Revenue was $11.3M in Q2 2026, up 41% year over year and up 23% from the previous quarter. New Jersey was the largest line at 39% of revenue.
Gross margin was 47.6%, up 3.3 points from a year earlier. Operating profit was $837K, a 7.4% margin (up 2.0 points year over year). Of the extra revenue versus a year earlier, 12% reached operating profit, above the 5% margin then. Operating expenses grew 45% against revenue growth of 41%. The fastest-growing cost line was General & admin (+61%). The quarter ended with a net loss of $1.5M, narrower than the previous quarter's $2.2M loss. Net interest and other expense of $1.4M was the main reason.
Operating cash flow was $1.7M (up 393% year over year). Non-cash charges added back $66K of depreciation and $149K of share-based compensation. Working capital and other items added $3.0M. Capital expenditures of $3.0M exceeded it, leaving free cash flow of −$1.3M.
Questions
What was Grown Rogue International's revenue in the second quarter 2026?
Grown Rogue International (GRUSF) reported revenue of $11.3M for the second quarter 2026 (Q2 2026), +41% from a year earlier and +23% from the quarter before.
Was Grown Rogue International profitable in the second quarter 2026?
Operating profit was $837K (7.4% of revenue) and net loss $1.5M.