22nd Century Q1 FY26 operating loss widens to $3.04 million; revenue falls 31.1% to $4.1 million

22nd Century Group, Inc.

22nd Century Group, Inc.

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  • 22nd Century Group posted Q1 2026 net loss from continuing operations of USD 3.02 million, narrowing from USD 3.27 million year over year.
  • Net revenues fell 31.1% year over year to USD 4.11 million, while operating loss widened to USD 3.04 million from USD 2.57 million.
  • Adjusted EBITDA loss deepened to USD 2.6 million from USD 2.32 million, while cash and cash equivalents rose to USD 9.55 million at quarter end.
  • Pinnacle VLN availability expanded to over 2,000 stores across 20 states, with target of more than 5,000 retail outlets by end of 2026.
  • Completed product prototyping ahead of planned PMTA authorization for 100mm format VLN cigarettes, while advancing multiple PMTA submissions across combustible formats including filtered cigars.


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