22nd Century Group, Inc. (XXII) quarterly income statement — complete revenue, gross profit & net income history
| Metric | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 | Q2'21 |
|---|
| Sales/Revenue | 4.11M | 1.05M | 1.5M | 2.23M | 2.27M | 1.84M | 2.51M | 4.44M | 3.08M | -31M | 4M | 3.72M | 4.74M | 19.21M | 19.38M | 14.48M | 9.04M | 7.96M | 7.81M | 8.37M |
| Revenue Growth % | 80.44% | -43.07% | -40.41% | -49.81% | -26.23% | 105.94% | -37.12% | 19.3% | -34.95% | -261.39% | -79.37% | -74.3% | -47.58% | 141.28% | 148.15% | 72.94% | 32.9% | 8.92% | 6.85% | 30.09% |
| Cost of Goods Sold | 4.83M | 1.88M | 2.56M | 2.86M | 2.88M | 3.09M | 3.1M | 3.87M | 4.21M | -27.79M | 3.92M | 4.68M | 4.72M | 19.85M | 18.76M | 13.59M | 8.74M | 7.57M | 7.52M | 7.92M |
| COGS % of Revenue | 117.71% | 179.58% | 170.69% | 128.5% | 126.77% | 168.06% | 123.39% | 87.16% | 136.61% | 89.65% | 98.07% | 125.83% | 99.64% | 103.36% | 96.81% | 93.84% | 96.58% | 95.14% | 96.26% | 94.65% |
| Gross Profit | -727K | -834K | -1.06M | -635K | -609K | -1.25M | -588K | 570K | -1.13M | -3.21M | 77K | -961K | 17K | -645K | 619K | 892K | 309K | 387K | 292K | 448K |
| Gross Margin % | -17.71% | -79.58% | -70.69% | -28.5% | -26.77% | -68.06% | -23.39% | 12.84% | -36.61% | 10.35% | 1.93% | -25.83% | 0.36% | -3.36% | 3.19% | 6.16% | 3.42% | 4.86% | 3.74% | 5.35% |
| Gross Profit Growth % | -19.38% | 33.44% | -80.1% | -211.4% | 46.06% | 60.94% | -863.64% | 159.31% | -6741.18% | -397.36% | -87.56% | -207.74% | -94.5% | -266.67% | 111.99% | 99.11% | -52.24% | 61.92% | -19.34% | 122.89% |
| Operating Expenses | 2.31M | 1.82M | 2.15M | 2.35M | 1.96M | 2.84M | 2.79M | 2.62M | 3.31M | -66.94M | 8.33M | 11.08M | 10.42M | 22.57M | 15.89M | 11.37M | 8.46M | 9.42M | 7.86M | 7.09M |
| OpEx % of Revenue | 56.32% | 173.57% | 143.72% | 105.3% | 86.2% | 154.21% | 110.94% | 58.95% | 107.17% | 215.95% | 208.35% | 297.82% | 219.81% | 117.52% | 81.96% | 78.52% | 93.48% | 118.33% | 100.64% | 84.67% |
| Selling, General & Admin | 2.12M | 1.82M | 1.85M | 2.12M | 1.8M | 2.47M | 2.55M | 2.36M | 2.91M | -8.73M | 6.94M | 10.28M | 9.84M | 13.16M | 14.57M | 8.68M | 7.26M | 8.05M | 6.83M | 6.18M |
| SG&A % of Revenue | 51.6% | 174.14% | 123.43% | 95.11% | 79.08% | 134.33% | 101.31% | 53.17% | 94.23% | 28.16% | 173.56% | 276.35% | 207.49% | 68.53% | 75.16% | 59.98% | 80.29% | 101.18% | 87.44% | 73.89% |
| Research & Development | 194K | 105K | 193K | 227K | 162K | 218K | 240K | 250K | 425K | -2.28M | 623K | 799K | 730K | 2.21M | 1.32M | 1.9M | 1.14M | 971K | 1.03M | 903K |
| R&D % of Revenue | 4.73% | 10.02% | 12.88% | 10.19% | 7.12% | 11.84% | 9.55% | 5.63% | 13.78% | 7.35% | 15.58% | 21.47% | 15.4% | 11.49% | 6.8% | 13.1% | 12.61% | 12.2% | 13.2% | 10.79% |
| Other Operating Expenses | 0 | -111K | 111K | 0 | 0 | 148K | 2K | 7K | -26K | -1000K | 768K | 0 | -146K | 1000K | 0 | 787K | 52K | 394K | 0 | 0 |
| Operating Income | -3.04M | -2.65M | -3.21M | -2.98M | -2.57M | -4.09M | -3.38M | -2.05M | -4.43M | 63.73M | -8.25M | -12.04M | -10.4M | -23.21M | -15.27M | -10.48M | -8.15M | -9.03M | -7.57M | -6.64M |
| Operating Margin % | -74.03% | -253.15% | -214.42% | -133.8% | -112.97% | -222.27% | -134.33% | -46.11% | -143.77% | -205.6% | -206.43% | -323.65% | -219.45% | -120.87% | -78.77% | -72.36% | -90.06% | -113.47% | -96.9% | -79.32% |
| Operating Income Growth % | -18.25% | 35.17% | 4.89% | -45.63% | 42.04% | -106.42% | 59.08% | 83% | 57.38% | 374.51% | 45.95% | -14.96% | -27.72% | -157.03% | -101.72% | -57.77% | -57.53% | -45.28% | -87.35% | -39.7% |
| EBITDA | -2.79M | -2.4M | -2.91M | -2.68M | -2.28M | -3.79M | -3.06M | -1.74M | -4.11M | 64.34M | -6.62M | -10.6M | -9.23M | -22.14M | -13.91M | -9.73M | -7.72M | -8.64M | -7.16M | -6.25M |
| EBITDA Margin % | -68.04% | -228.63% | -194.06% | -120.15% | -100.18% | -205.59% | -121.92% | -39.11% | -133.14% | -207.57% | -165.58% | -284.9% | -194.66% | -115.28% | -71.79% | -67.23% | -85.41% | -108.57% | -91.69% | -74.71% |
| EBITDA Growth % | -22.55% | 36.7% | 5.16% | -54.21% | 44.5% | -105.88% | 53.7% | 83.62% | 55.51% | 390.58% | 52.43% | -8.92% | -19.47% | -156.2% | -94.29% | -55.63% | -60.34% | -47.27% | -96.97% | -44.53% |
| D&A (Non-Cash Add-back) | 246K | 257K | 305K | 304K | 291K | 307K | 312K | 311K | 328K | 609K | 1.63M | 1.44M | 1.18M | 1.07M | 1.35M | 743K | 421K | 390K | 407K | 386K |
| EBIT | -3.01M | -2.77M | -3.23M | -2.98M | -2.72M | -3.98M | -3.27M | -1.69M | -4.43M | 63.2M | -6.9M | -12.59M | -10.5M | -24.01M | -15.54M | -11.42M | -8.91M | -13.94M | -9.42M | -4.16M |
| Net Interest Income | 20K | 25K | -518K | -337K | -542K | -220K | -308K | -480K | -1.02M | -6.43M | -1.1M | -1.01M | -271K | -21K | -35K | -29K | 45K | 35K | 29K | 94K |
| Interest Income | 31K | 37K | 16K | 14K | 16K | 46K | 3K | 21K | 0 | 18K | 79K | 65K | 57K | 102K | 113K | 48K | 50K | 49K | 52K | 108K |
| Interest Expense | 11K | 12K | 534K | 351K | 558K | 266K | 311K | 501K | 1.02M | 6.45M | 1.18M | 1.07M | 328K | 123K | 148K | 77K | 5K | 14K | 23K | 14K |
| Other Income/Expense | 20K | -125K | -551K | -349K | -704K | -152K | -208K | -141K | -1.02M | -6.97M | 172K | -1.62M | -426K | -921K | -415K | -1.02M | -772K | -4.92M | -1.87M | 2.47M |
| Pretax Income | -3.02M | -2.78M | -3.76M | -3.33M | -3.27M | -4.24M | -3.58M | -2.19M | -5.45M | 56.76M | -8.08M | -13.66M | -10.83M | -24.14M | -15.68M | -11.5M | -8.92M | -13.95M | -9.44M | -4.17M |
| Pretax Margin % | -73.54% | -265.08% | -251.2% | -149.46% | -143.91% | -230.53% | -142.6% | -49.29% | -176.72% | -183.11% | -202.13% | -367.16% | -228.43% | -125.67% | -80.91% | -79.42% | -98.6% | -175.26% | -120.86% | -49.86% |
| Income Tax | 0 | 6K | 0 | -34K | 0 | 3K | 0 | 26K | 0 | 1K | 0 | 46K | 0 | 2.15M | -2.58M | 0 | 0 | 14K | 0 | 0 |
| Effective Tax Rate % | 0% | -0.22% | 0% | 1.02% | 0% | -0.07% | 0% | -1.19% | 0% | 0% | 0% | -0.34% | 0% | -8.9% | 16.46% | 0% | 0% | -0.1% | 0% | 0% |
| Net Income | -3.26M | -2.81M | 5.49M | -3.41M | -4.33M | -4.56M | -3.76M | -1.11M | -5.74M | -29.33M | -72.72M | -20.54M | -18.18M | -26.28M | -13.1M | -11.5M | -8.92M | -13.96M | -9.44M | -4.17M |
| Net Margin % | -79.44% | -267.94% | 366.42% | -152.92% | -190.24% | -247.47% | -149.44% | -25.05% | -186.09% | 94.64% | -1818.91% | -551.98% | -383.51% | -136.85% | -67.6% | -79.42% | -98.6% | -175.44% | -120.86% | -49.86% |
| Net Income Growth % | 24.65% | 38.37% | 246.1% | -206.38% | 24.59% | 84.47% | 94.83% | 94.59% | 68.44% | -11.61% | -455.03% | -78.63% | -103.88% | -88.21% | -38.79% | -175.47% | -77.3% | -118.07% | -123.64% | 17.46% |
| Net Income (Continuing) | -3.02M | -2.78M | -3.76M | -3.3M | -3.27M | -4.25M | -3.58M | -2.21M | -5.45M | 56.76M | -8.08M | -13.71M | -10.83M | -26.28M | -13.1M | -11.5M | -8.92M | -13.96M | -9.44M | -4.17M |
| Discontinued Operations | -242K | -24K | 1000K | -111K | -1000K | -309K | -172K | 1000K | -289K | 0 | -1000K | -1000K | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| EPS (Diluted) | -18.08 | -15.85 | 6.93 | -204.12 | -863.49 | -6151.95 | -25633.00 | -9734.17 | -137258.00 | -854811.00 | -999999.00 | -999999.00 | -999999.00 | -999999.00 | -696948.00 | -706114.00 | -610989.00 | -959072.00 | -648435.00 | -301358.00 |
| EPS Growth % | 97.91% | 99.74% | 100.03% | 97.9% | 99.37% | 99.28% | 99.09% | 99.12% | 86.29% | 95.82% | -305.96% | -57.02% | -63.83% | -2034.17% | -7.48% | -134.31% | -56.75% | -86.12% | -90.82% | 25.97% |
| EPS (Basic) | -18.08 | -15.85 | 23.25 | -204.12 | -863.49 | -6151.95 | -25633.00 | -9734.17 | -137258.00 | -854811.00 | -999999.00 | -999999.00 | -999999.00 | -999999.00 | -696948.00 | -706114.00 | -610989.00 | -959072.00 | -648435.00 | -301358.00 |
| Diluted Shares Outstanding | 595.34K | 472.29K | 792.57K | 16.69K | 5.01K | 1.16K | 290 | 160 | 68 | 45 | 26 | 19 | 18 | 18 | 19 | 16 | 15 | 15 | 15 | 14 |
| Basic Shares Outstanding | 595.34K | 472.29K | 236.09K | 16.69K | 5.01K | 1.16K | 290 | 160 | 68 | 45 | 26 | 19 | 18 | 18 | 19 | 16 | 15 | 15 | 15 | 14 |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |