iAnthus Q2 FY26 net loss widens to $14.4 million; adjusted EBITDA rises to $4.4 million
Q2 fiscal 2026 results
- iAnthus posted Q2 fiscal 2026 revenue of USD 35.35 million, up USD 1.8 million from Q1 and up USD 0.2 million year-on-year.
- Net loss widened slightly to USD 14.42 million versus Q1, narrowing from USD 18.72 million a year earlier.
- Adjusted EBITDA (non-GAAP) rose to USD 4.45 million from USD 3.39 million in Q1, more than doubled from USD 1.89 million year-on-year.
- Gross margin fell 2 percentage points sequentially to 45.5%.
Credit line for expansion opportunities
- Secured a USD 2.5 million revolving credit line from Gotham Green Partners affiliates to pursue opportunities in New York or Florida.
