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Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
Aurora Cannabis
Aurora Cannabis (ACB) investor relations material
Aurora Cannabis Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 earnings summary5 Nov, 2026
Executive summary
Q2 FY27 net revenue rose 9% YoY to $86.0M; record international medical cannabis revenue of $61.4M grew 44% YoY.
Adjusted EBITDA was $14.0M; continuing-operations net loss narrowed to $21.1M from $27.2M, while adjusted net income fell to $3.1M from $12.0M.
Financial highlights
Net revenue was $86.0M vs. $78.8M YoY; gross profit was $37.5M vs. $31.1M, and adjusted gross profit before fair value adjustments was $52.3M vs. $51.2M.
Adjusted EBITDA was $14.0M vs. $15.4M YoY; adjusted SG&A rose to $37.4M from $34.9M.
Operating expenses rose to $55.5M from $48.2M YoY.
Free cash flow outflow improved to $17.5M from $39.9M YoY, primarily reflecting working capital investment of $12.6M vs. $37.2M.
Outlook and guidance
The proposed Organigram transaction is expected to close in January 2027, subject to shareholder, court and regulatory approvals and customary closing conditions; a shareholder meeting is expected in December 2026.
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Latest events from Aurora Cannabis
- Strong financial results, all proposals passed, and focus shifts to global medical cannabis growth.ACB
AGM 2026 - International medical cannabis revenue rose 17% to $43.3M as net revenue fell 9% year-over-year.ACBQ1 2027
- Record medical cannabis revenue and EBITDA, with global expansion offsetting Canadian headwinds.ACBQ4 2026
- Medical cannabis focus and international expansion drive strong growth and industry-leading margins.ACBTD Cowen 46th Annual Health Care Conference
- Record medical cannabis revenue, high margins, and strategic exits drive growth and profitability.ACBQ3 2026
- Record Q2 medical cannabis growth and profitability led by international markets and strong margins.ACBQ2 2025
- All motions passed as strong financials and global expansion plans were highlighted.ACBAGM 2024
- Record global medical cannabis revenue, free cash flow, and EBITDA growth achieved.ACBQ1 2025
- Record adjusted EBITDA, strong medical cannabis growth, and debt-free status support positive outlook.ACBQ4 2024
Next Aurora Cannabis earnings date
Q3 20273 Feb, 2027
Aurora Cannabis
Next Aurora Cannabis earnings date
Q3 20273 Feb, 2027
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Frequently asked questions
Aurora Cannabis, Inc. is focused on producing medical cannabis pursuant to the Canadian Access to Cannabis for Medical Purposes Regulations and operating a network of ACMPR licensed producers through its wholly owned subsidiaries. Aurora is the largest producer of medical cannabis in Canada, the second-largest in the world and is expanding globally with multiple production facilities in Canada under construction or planned. Aurora Cannabis Inc. is headquartered in Edmonton, Canada.