The stock may react positively to the strong revenue and EBITDA growth, improved cost controls, and optimistic 2026 guidance, despite the preliminary and unaudited nature of the results.
Price Chart
Executive Summary
Grown Rogue reported preliminary 2025 full-year revenue of $32.4M (22% YoY growth) and Adjusted EBITDA of $5.4M (42% growth), driven by New Jersey expansion but offset by pricing pressure in Michigan and Oregon. The company introduced 2026 revenue guidance of $32-$35M and Adjusted EBIT025, with management citing improved cost controls and new market expansions.
Key Financial Metrics
Key Facts
- Revenue of $32.4 million for 2025, up 22% from $26.6 million in 2024
- Adjusted EBITDA of $5.4 million (16.5% margin) for 2025, up 42% from $3.8 million in 2024
- GAAP net income of $3.2 million for 2025, including a non-cash gain of $5.9 million
- 2026 guidance: $32-$35 million revenue and $6-$8 million Adjusted EBITDA
- 2027 guidance: $50-$58 million revenue and $14-$18 million Adjusted EBITDA
Financial Impact
Revenue growth of 22% and Adjusted EBITDA growth of 42% year-over-year, with 2026 revenue guidance of $32-$35 million
Risk Factors
- Preliminary and unaudited financial results
- Pricing pressure in Michigan and Oregon markets
- Reliance on non-GAAP measures like Adjusted EBITDA
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 6 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001279569-26-000282 |
| Document: form8k.htm | 0001279569-26-000282 |
| Document: 0001279569-26-000282-index-headers.html | 0001279569-26-000282 |
| Document: 0001279569-26-000282-index.html | 0001279569-26-000282 |
| Document: 0001279569-26-000282.txt | 0001279569-26-000282 |
| 8-K Data (Synthetic) | 0001279569-26-000282 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 3d ago | 8-K | $0.3500 | awaiting T+1 | — | $0.3400 (−2.86%) |
Oct 20, 2026 5d ago | 8-K | $0.3700 $0.3500 | ▼ −5.41% | ▼ −4.22% | $0.3400 (−8.11%) |
Oct 20, 2026 6d ago | 8-K | $0.3700 $0.3700 | · 0.00% | ▼ −0.53% | $0.3400 (−8.11%) |
Aug 25, 2026 8w ago | 8-K | $0.4700 $0.4601 | ▼ −2.11% | ▼ −2.13% | $0.3400 (−27.66%) |
May 1, 2026 25w ago | 10-K/A | $0.3600 $0.3700 | ▲ +2.78% | ▲ +1.98% | $0.3400 (−5.56%) |
Apr 27, 2026 26w ago | 8-K | $0.3800 $0.3800 | · 0.00% | ▲ +0.49% | $0.3400 (−10.53%) |
Apr 7, 2026 28w ago | 8-K | $0.2900 $0.2700 | ▼ −6.90% | ▼ −7.47% | $0.3400 (+17.24%) |
Mar 18, 2026 31w ago | 8-K | $0.3200 $0.3000 | ▼ −6.25% | ▼ −4.51% | $0.3400 (+6.25%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers