22nd Century Group sees Q3 revenue up 66% in preliminary results
22nd Century Group preliminarily reports Q3 2026 revenue of $4.8 million, positive gross profit and a narrower loss versus the second quarter.
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what happened
22nd Century Group, according to a release published on GlobeNewswire, expects third-quarter 2026 net revenue of about $4.8 million, up from $2.9 million in the second quarter, a 66% increase. Gross profit is estimated at roughly $0.4 million, after a $0.3 million loss in the prior quarter.
The company projects an operating loss of $2.6 million, against $3.3 million in the second quarter, and a net loss of the same $2.6 million. Adjusted EBITDA loss is estimated at $2.2 million, compared with $3.5 million. Cash and equivalents stood at $3.9 million at quarter end. The figures are unaudited and may change, and final earnings are due on or before November 13, 2026.
why it matters
The story concerns a small tobacco company with limited market reach. For investors, the key points are the narrowing losses and the modest cash balance, which leaves a thin liquidity cushion if spending stays at current levels.
market impact
Small-cap tobacco stocks: revenue growth and smaller losses, but liquidity remains tight
tags
instruments
sources
- 22nd Century Group Preliminarily Reports Third Quarter Financial Results — globenewswire.com, 22 October 2026 at 14:35 UTC
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