Filing Flows › 22nd Century Group (XXII) › Q4 2025
22nd Century Group (XXII) Q4 2025 earnings results (fourth quarter 2025)
10-K filed Mar 26, 2026
22nd Century Group (XXII) reported revenue of $3.5M for the fourth quarter 2025 (Q4 2025), -12% from a year earlier and -12% from the quarter before. Operating margin was -79.2%, net loss $2.8M (79.4% of revenue).
22nd Century Group, Q4 2025: revenue $3.5M (-12% year over year), operating margin -79.2%, net loss $2.8M, operating cash flow $2.7M. The chart follows the revenue to costs, profit and cash.
| Q4 2025 | Amount | Q/Q | Y/Y |
|---|---|---|---|
| Revenue | $3.5M | -12% | -12% |
| Operating profit | −$2.8M | — | — |
| Net earnings | −$2.8M | -151% | — |
| Operating cash flow | $2.7M | — | — |
| Free cash flow | $2.7M | — | — |
What changed
Revenue was $3.5M in Q4 2025, down 12% year over year and down 12% from the previous quarter. Contract Manufacturing was the largest line at 96% of revenue.
Operating costs exceeded revenue by $2.8M, an operating margin of -79.2%. Total costs fell 22% while revenue fell 12%. The quarter ended with a net loss of $2.8M, after a profit of $5.5M the previous quarter.
Operating cash flow was $2.7M. Non-cash charges added back $218K of depreciation and amortization and $196K of share-based compensation. Working capital and other items added $5.1M. Capital expenditures of $16K left free cash flow of $2.7M.
Questions
What was 22nd Century Group's revenue in the fourth quarter 2025?
22nd Century Group (XXII) reported revenue of $3.5M for the fourth quarter 2025 (Q4 2025), -12% from a year earlier and -12% from the quarter before.
Was 22nd Century Group profitable in the fourth quarter 2025?
Operating loss was $2.8M (-79.2% of revenue) and net loss $2.8M.
Source: 22nd Century Group 10-K on SEC EDGAR.