GURU Organic Energy Q2 revenue up 31.6% to $8.5M
GURU Organic Energy reported record net revenue of $8.547 million for Q2 FY26, a 31.6% increase, driven by strong Canadian sales and its direct distribution model. The net loss narrowed to $1.0 million, and gross margin expanded 390 basis points to 63.6%. On a trailing twelve-month basis, Adjusted EBITDA reached $1.2 million. The company announced a partnership with Sprouts Farmers Market to expand U.S. distribution starting June 22, 2026.

*this image is generated using AI for illustrative purposes only.
GURU Organic Energy reported record net revenue of $8.547 million for the second quarter ended April 30, 2026, representing a 31.6% increase from $6.494 million in the prior year. This growth was primarily driven by a 46.8% increase in Canadian net revenue to $6.6 million, supported by the company's direct distribution model and sustained product innovation. The company reduced its net loss to $1.0 million compared to a net loss of $1.4 million in the same period last year, with the net loss per share improving to $(0.03) from $(0.05).
Gross margin expanded 390 basis points to 63.6%, up from 59.7% in Q2 2025, as structural benefits of the direct distribution model offset input cost pressures from aluminum and freight. Adjusted EBITDA loss improved 33.8% to $0.8 million. On a trailing twelve-month basis, net revenue grew approximately 30% and Adjusted EBITDA reached $1.2 million, marking the second consecutive period of positive Adjusted EBITDA since the company went public.
Financial Performance
| Financial Highlights (in thousands of dollars) | Three months ended April 30, 2026 | Three months ended April 30, 2025 | Six months ended April 30, 2026 | Six months ended April 30, 2025 |
|---|---|---|---|---|
| Net revenue | $8,547 | $6,494 | $17,373 | $14,189 |
| Gross profit | $5,432 | $3,879 | $10,988 | $8,458 |
| Net loss | $(1,043) | $(1,429) | $(1,333) | $(2,713) |
| Basic and diluted loss per share | $(0.03) | $(0.05) | $(0.04) | $(0.09) |
| Adjusted EBITDA | $(799) | $(1,207) | $(790) | $(2,264) |
Operational Highlights
Canadian operations delivered accelerating results under the direct distribution model. The Sorbet-inspired series exceeded internal expectations, with GURU Zero Dragon Fruit Cherry Sorbet reaching top five SKU status on guruenergy.com. The company launched its "Boost Your Summer" seasonal marketing campaign in May 2026 and activated an 18-pack Sorbet Variety format with a leading Quebec wholesale club partner.
In the United States, net revenue was $1.9 million in Canadian dollars, essentially flat in U.S. dollar terms at +0.6%. Distributor inventory dynamics impacted shipment timing, while consumer takeaway accelerated. Consumer scan data across listed U.S. natural retail accounts showed combined sales up approximately 15% over the last twelve weeks, outpacing the natural-channel category by roughly 1.7 times.
Outlook
GURU is entering the seasonally stronger second half of fiscal 2026 with expanded gross margins, demonstrated operating leverage, and a differentiated clean label Zero Sugar portfolio. Priorities for the remainder of the year include the launch of another GURU Zero Sorbet in July 2026 and expanded U.S. distribution with a leading national natural-channel retailer in Q3. The company announced a partnership with Sprouts Farmers Market, with availability beginning June 22, 2026.
How will the partnership with Sprouts Farmers Market impact Q3 U.S. revenue growth given the current inventory dynamics?
Can the 390 basis point gross margin expansion be sustained if aluminum and freight input costs rise further?
What are the specific capital requirements to scale the direct distribution model beyond Canada?

























