)
Aurora Cannabis (ACB) investor relations material
Aurora Cannabis Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Achieved record net revenue of $90.4M in Q2 2026, up 11% year-over-year, driven by global medical cannabis and plant propagation segments, with global medical cannabis net revenue up 15% to $70.5M and international medical revenue up 22% to $42.7M.
Adjusted EBITDA rose 52% to $15.4M, reflecting strong operational execution and cost discipline.
Maintained a strong cash position of $141.9M–$142M and no cannabis business debt, with only non-recourse debt at Bevo Farms.
Sustained leadership in Canada and key international markets, including Germany, Australia, Poland, and the UK.
Focused on high-growth, high-margin global medical cannabis, with continued international expansion and strategic acquisitions.
Financial highlights
Net revenue increased 11% year-over-year to $90.4M, with global medical cannabis net revenue at $70.5M and plant propagation revenue at $11.6M, up 34%.
Adjusted gross margin before fair value adjustments was 61%, up from 54% year-over-year.
Adjusted net income improved to $7.1M from $3.0M in the prior year.
Free cash flow ranged from negative $42.3M to negative $26.4M, reflecting seasonal outflows and improvement over the prior year.
Net loss from continuing operations was $53.2M, compared to net income of $1.4M in the prior year, due to higher operating and other expenses.
Outlook and guidance
Q3 2026 consolidated net revenue expected to increase year-over-year, led by 8–12% growth in global medical cannabis.
Plant propagation revenue to follow seasonal trends, with 25–35% of annual revenue in the second half of the year.
Adjusted gross margins expected to remain strong, supporting annual adjusted EBITDA growth and positive free cash flow in Q3 2026.
Continued focus on profitable growth in global medical cannabis and plant propagation, with further momentum expected in Europe and internationally.
Acceleration of Bevo Farms' business plan to drive revenue and EBITDA growth over the next 2–3 years.
Next Aurora Cannabis earnings date
Next Aurora Cannabis earnings date
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Live calls and transcripts
Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.
Find what you need faster
Search for any keyword across all transcripts simultaneously.
Easily store key findings
Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Your watchlist. Your dashboard.
Follow the companies that matter to you. Get a personalized feed with real-time updates.
Be the first to know
Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.
Consensus estimates
Access analyst consensus estimates, valuation multiples, and revenue segments splits.
All IR material in one place
The easiest way to stay updated during earnings season.
Global coverage
All events from public companies. Live and recorded.
Just click and listen
No webcast links. No manual registrations.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
I can't remember the last time an app had such a positive impact on my investment process.
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
Frequently asked questions
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Explore our global coverage
)
)