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Burcon NutraScience (BU) investor relations material
Burcon NutraScience Q2 2026 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2026 earnings summary12 Nov, 2025
Executive summary
Achieved significant business momentum with first commercial production and sales of canola, fava, and pea proteins, marking a major milestone in commercialization efforts.
Over 200 customer projects are under evaluation, with many transitioning to purchase orders, driving recurring sales and a robust pipeline.
Showcased full protein portfolio at the 2025 IFT FIRST Annual Event & Expo, enhancing market visibility.
Announced a new funding round to accelerate growth in response to increasing customer demand.
Financial highlights
Q2 2026 revenue was $357,000 (CAD 350,000), up 783% year-over-year; six-month revenue reached $699,000, a 152% increase.
Orders since October 1 surpassed $500,000, including multiple repeat commercial sales.
Net loss for the six months was $7.1 million ($0.56 per share), compared to $4.2 million ($0.59 per share) in the prior year.
Reduced R&D and G&A expenses by 61% and 27% year-over-year, respectively.
Cost of sales increased by $3.5 million due to startup and commissioning costs at the Galesburg facility.
Outlook and guidance
Affirmed 2025 sales guidance of $1–3 million and 2026 guidance of $10 million+, targeting positive cash flow.
Guidance is considered de-risked due to proven technology and recurring sales.
Plans to invest in capacity expansion, including more operating days, shifts, and equipment.
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Next Burcon NutraScience earnings date
Q3 202617 Feb, 2026
Next Burcon NutraScience earnings date
Q3 202617 Feb, 2026
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Frequently asked questions
Burcon NutraScience Corporation develops plant-based proteins and ingredients for use in food and beverage products. It specializes in proteins derived from pea, canola, soy, and other crops. The company is headquartered in Vancouver, Canada, and its shares are listed on the TSX.
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