OrganiGram Q2 FY26 turns to net loss of $0.9 million; net revenue drops 9% to $59.8 million

• OrganiGram Global posted Q2 fiscal 2026 net loss of CAD 921,000, swinging from profit a year earlier, as net revenue fell 9% to CAD 59.8 million.
• Adjusted EBITDA dropped 82% to CAD 870,000, while adjusted gross margin narrowed to 31% from 33% a year earlier.
• Cash and short-term investments totaled CAD 54.8 million at March 31, 2026, down 35% since Sept. 30, 2025.
• After quarter-end, it completed acquisition of Germany’s Sanity Group, expected to generate about EUR 25 million in average quarterly revenue over the next calendar year.
• Fiscal 2026 net revenue outlook raised to exceed CAD 350 million, with free cash flow expected to be about break even.

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