Filing Flows › Consumer Staples › 22nd Century Group (XXII)
22nd Century Group (XXII) earnings and revenue breakdown
Latest: Q2 2026 · 10-Q filed Aug 14, 2026 · 22nd Century Group (XXII) Q2 2026 earnings results →
Q2 2026 Revenue down 30% year over year to $2.9M · 117¢ of every $1 of revenue lost · operating margin -114.9%
22nd Century Group made $2.9M in Q2 2026 (-30% Y/Y): Contract Manufacturing $2.8M, VLN $26K. Operating margin -114.9%, net loss $3.3M. See where every dollar goes — costs, profit and cash — as a Sankey from the 10-Q filed Aug 14, 2026.
Drawing the Sankey…
Open the interactive Sankey → click any line for what the company wrote about it, compare Y/Y and Q/Q, export as PNG or PDF
What changed this quarter
Revenue was $2.9M in Q2 2026, down 30% year over year and down 30% from the previous quarter. Contract Manufacturing was the largest line at 99% of revenue. Contract Manufacturing lost $1.3M year over year (down 31%), 106% of the total change.
Operating costs exceeded revenue by $3.3M, an operating margin of -114.9%. Total costs fell 13% while revenue fell 30%. The fastest-growing cost line was Research & development (+30%). The quarter ended with a net loss of $3.3M, wider than the previous quarter's $3.3M loss.
Operating cash flow was −$4.0M. Non-cash charges added back $209K of depreciation and amortization and $270K of share-based compensation. Working capital and other items used $1.1M. Capital expenditures of $331K exceeded it, leaving free cash flow of −$4.3M.
Quarterly history
| Quarter | Form | Filed | Revenue | Y/Y | Op. margin | Net earnings | Op. cash flow |
|---|---|---|---|---|---|---|---|
| Q2 2026 | 10-Q | Aug 14, 2026 | $2.9M | -30% | -114.9% | −$3.3M | −$4.0M |
| Q1 2026 | 10-Q | May 7, 2026 | $4.1M | -31% | -74.0% | −$3.3M | −$3.1M |
| Q4 2025 | 10-K | Mar 26, 2026 | $3.5M | -12% | -79.2% | −$2.8M | $2.7M |
| Q3 2025 | 10-Q | Nov 4, 2025 | $4.0M | -32% | -80.1% | $5.5M | −$4.0M |
| Q2 2025 | 10-Q | Aug 14, 2025 | $4.1M | -49% | -73.0% | −$3.4M | −$3.5M |
| Q1 2025 | 10-Q | May 13, 2025 | $6.0M | -8% | -43.1% | −$4.3M | −$3.0M |
| Q4 2024 | 10-K | Mar 20, 2025 | $4.0M | -45% | -101.8% | −$4.6M | −$4.4M |
Charts
Interactive views
The same charts as the app — open one to draw it.
💵Where each $1 goesinteractive
Loading the interactive chart…
🌏Named in Asian annual reportsinteractive
Loading the interactive chart…
🔄Rotation against the market and its industry (RRG)interactive
Loading the interactive chart…
🔍Earnings qualityinteractive
Loading the interactive chart…
⚖️Fair value by methodinteractive
Loading the interactive chart…
🔭Outlook & guidanceinteractive
Loading the interactive chart…
📈Investments: gains and what it boughtinteractive
Loading the interactive chart…
🏭Its industry’s money flow (input-output)interactive
Loading the interactive chart…
About 22nd Century Group
22nd Century Group, Inc. is a tobacco products company that enables cigarette smokers to take control of their consumption of nicotine, the addictive drug in cigarettes. We manufacture and distribute the only combustible tobacco products containing minimally or non-addictive levels of nicotine that are authorized by the US Food and Drug Administration (FDA) for retail purchase. We also provide turnkey contract manufacturing of cigarettes and filtered cigars for other established tobacco brands. We created our flagship product, the VLN ® cigarette, to give traditional cigarette smokers an authentic and familiar alternative that helps them decide their consumption of nicotine. VLN ® cigarettes have 95% less nicotine than the traditional cigarette and have been proven to greatly reduce nicotine consumption.
In its own words, from its 10-K, filed Mar 26, 2026.
22nd Century Group against its Cigarettes peers
The largest companies of the same SEC industry, each at its latest quarter. Revenue growth: -30% against the peers' median +6%. Operating margin: -114.9% against the peers' median 42.5%.
| Company | Quarter | Revenue | Y/Y | Op. margin |
|---|---|---|---|---|
| XXII 22nd Century Group | Q2 2026 | $2.9M | -30% | -114.9% |
| PM Philip Morris International | Q3 2026 | $11.4B | +6% | 42.5% |
| MO Altria Group | Q3 2026 | $6.1B | +1% | 54.0% |
| ISPR Ispire Technology | Q4 FY26 | $26.7M | +32% | -50.7% |
Source: 22nd Century Group 10-Q on SEC EDGAR · CIK 1347858 · Cigarettes
More on XXII
History
Every quarter: Q2 2026 results · Q1 2026 results · Q4 2025 results · Q3 2025 results · Q2 2025 results · Q1 2025 results · Q4 2024 results