22nd Century preliminary Q4 revenue declines

22nd Century

20/02/2026 21:26

Overview

Tobacco products company's preliminary Q4 revenue declines yr/yr

Preliminary Q4 operating loss narrows compared to previous quarter

Company remains debt-free, with $7.1 mln cash at year end

Outlook

Company aims to expand VLN product distribution and consumer awareness in 2026

Company plans to advance toward profitability as higher-margin revenues scale

Result Drivers

STRATEGIC SHIFT - Co exited unprofitable high-volume revenue streams to improve financial footing, per CEO Larry Firestone

INVENTORY INCREASE - Co expanded inventory to $4.3 mln in Q4, reflecting reduced nicotine tobacco harvest

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Miss
$3.60 mln
$4.10 mln (1 Analyst)
Q4 Operating Income
-$2.80 mln


Analyst Coverage

The one available analyst rating on the shares is "buy"

The average consensus recommendation for the tobacco peer group is "buy"

Wall Street's median 12-month price target for 22nd Century Group Inc is $135.00, about 2,070.4% above its February 19 closing price of $6.22

Press Release: ID:nGNX7MWbk

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)