Finance
Decibel Cannabis Posts Record Q2 Revenue of $35.6 Million, Lifts Full-Year Outlook
The Canadian producer reports its highest quarterly net revenue yet, with gross profit of $18.1 million for the three months ended June 30, 2026.
Decibel Cannabis Inc. announced record net revenue of $35.6 million for Q2 FY2026, alongside gross profit of $18.1 million, and raised its full-year outlook. The results mark a new quarterly high for the Canadian cannabis company.
Decibel Cannabis Inc. has reported net revenue of $35.6 million for the three months ended June 30, 2026, the company's highest quarterly figure to date. The results were disclosed in its Q2 FY2026 financial report, which also showed gross profit of $18.1 million for the period.
Alongside the record revenue, Decibel raised its full-year outlook, signaling management's confidence in continued performance through the remainder of the fiscal year. The updated guidance follows the stronger-than-expected second-quarter results.
The financial update was published by StratCann, a Canadian cannabis industry trade publication, which noted the record revenue and raised outlook in its coverage of the company's quarterly results.