Grown Rogue Q2 Revenue Jumps 41% to $11.3M, Gross Margin Expands to 48%
GRUSF sits 53% above its 52-week low of $0.269 on light trading volume (0.3× avg).
Summary
Grown Rogue posted Q2 2026 revenue of $11.3 million, a 41% increase, with gross margin expanding to 48%. The company generated positive operating cash flow and advanced its Illinois expansion, positioning for continued growth.
Key Events · Earnings and Guidance · GRUSF
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Q2 Revenue Surges 41%
Revenue reached $11.3 million in Q2 2026, up from $8.0 million a year ago, driven by New Jersey operations which contributed $4.4 million.
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Gross Margin Expands to 48%
Gross profit was $5.4 million, a 51% increase, with gross margin improving to 48% from 44% in Q2 2025, reflecting better product mix and operating leverage.
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Positive Operating Cash Flow
Operating activities provided $4.2 million in cash during the first half of 2026, a significant turnaround from the $0.7 million used in the prior-year period.
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Illinois Expansion Advances
The company took operational control of a Dwight, Illinois facility through its 80%-owned GRMA subsidiary and is awaiting regulatory approval to acquire a 49% stake in SEA Craft.
Analysis · GRUSF · Industrial Applications And Services
Grown Rogue delivered strong Q2 2026 results with revenue up 41% year-over-year to $11.3 million, driven by New Jersey expansion. Gross margin improved to 48% from 44% a year ago, reflecting better product mix and operating leverage. The company generated positive operating cash flow of $4.2 million in the first half, though net loss widened due to non-cash warrant and derivative fair-value changes. With $11.5 million in cash and an Illinois operation now under its control, Grown Rogue is funding growth without diluting common shareholders — it sold a 20% stake in a subsidiary for $3 million instead. The subsequent approval to acquire the remaining 30% of Rogue EBC further consolidates its Illinois footprint.
At the time of this filing, GRUSF was trading at $0.41 on OTC in the Industrial Applications And Services sector, with a market capitalization of approximately $102.8M. The 52-week trading range was $0.27 to $0.52. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.