Filing Flows › Leef Brands (LEEEF) › Q2 2026
Leef Brands (LEEEF) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 6, 2026
Leef Brands (LEEEF) reported revenue of $7.3M for the second quarter 2026 (Q2 2026), -16% from a year earlier and -22% from the quarter before. Operating margin was -27.3%, net loss $1.3M (18.3% of revenue).
Leef Brands, Q2 2026: revenue $7.3M (-16% year over year), operating margin -27.3%, net loss $1.3M, operating cash flow −$4.1M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $7.3M | -22% | -16% |
| Operating profit | −$2.0M | -255% | — |
| Net earnings | −$1.3M | — | — |
| Operating cash flow | −$4.1M | -1129% | — |
What changed
Revenue was $7.3M in Q2 2026, down 16% year over year and down 22% from the previous quarter.
Gross margin was 33.1%, up 16.0 points from a year earlier. Operating costs exceeded revenue by $2.0M, an operating margin of -27.3%. Operating expenses grew 14% against a revenue fall of 16%. The fastest-growing cost line was Other operating costs (+20%). The quarter ended with a net loss of $1.3M, wider than the previous quarter's $426K loss. Non-operating items added $1.4M, -215% of pre-tax earnings, so the bottom line overstates operating performance.
Operating cash flow was −$4.1M. Non-cash charges added back $657K of depreciation and amortization and $700K of share-based compensation. Working capital and other items used $4.1M. Capital expenditures of $1.1M exceeded it, leaving free cash flow of −$5.2M.
Questions
What was Leef Brands' revenue in the second quarter 2026?
Leef Brands (LEEEF) reported revenue of $7.3M for the second quarter 2026 (Q2 2026), -16% from a year earlier and -22% from the quarter before.
Was Leef Brands profitable in the second quarter 2026?
Operating loss was $2.0M (-27.3% of revenue) and net loss $1.3M.
Source: Leef Brands 10-Q on SEC EDGAR.