Filing Flows › 22nd Century Group (XXII) › Q2 2026
22nd Century Group (XXII) Q2 2026 earnings results (second quarter 2026)
10-Q filed Aug 14, 2026
22nd Century Group (XXII) reported revenue of $2.9M for the second quarter 2026 (Q2 2026), -30% from a year earlier and -30% from the quarter before. Operating margin was -114.9%, net loss $3.3M (116.8% of revenue).
22nd Century Group, Q2 2026: revenue $2.9M (-30% year over year), operating margin -114.9%, net loss $3.3M, operating cash flow −$4.0M. The chart follows the revenue to costs, profit and cash.
| Q2 2026 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $2.9M | -30% | -30% |
| Operating profit | −$3.3M | — | — |
| Net earnings | −$3.3M | — | — |
| Operating cash flow | −$4.0M | — | — |
What changed
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.
Questions
What was 22nd Century Group's revenue in the second quarter 2026?
22nd Century Group (XXII) reported revenue of $2.9M for the second quarter 2026 (Q2 2026), -30% from a year earlier and -30% from the quarter before.
Was 22nd Century Group profitable in the second quarter 2026?
Operating loss was $3.3M (-114.9% of revenue) and net loss $3.3M.
Source: 22nd Century Group 10-Q on SEC EDGAR.