Blab Business
GURU Organic Energy Reports Record Q2 2026 Revenue, Expanding Canadian Sales and Positive Adjusted EBITDA
GURU Organic Energy Corp. (TSX: GURU) announced on June 11, 2026 that it had generated a record $8.5 million in net revenue for the second quarter ended April 30, a 31.6 % jump over the same period a year earlier.
Canadian sales, the company’s largest market, surged 46.8 % to $6.6 million, while U.S. revenue held steady at $1.9 million in U.S. dollars. The stronger domestic performance was matched by a marked improvement in the company’s gross margin, which rose to 63.6 % from 59.7 % in Q2 2025 – a 390‑basis‑point gain.
Adjusted EBITDA remained a loss of $0.8 million, yet the figure reflected a 33.8 % reduction from the $1.2 million loss reported in the same quarter last year. Over the trailing twelve months, Adjusted EBITDA turned positive, reaching $1.2 million, marking the second consecutive 12‑month period of profitability since GURU’s initial public offering.
“Direct distribution in Canada has delivered the sales growth we were targeting,” said president and CEO Carl Goyette. “We saw 46.8 % growth in Canadian business, a near‑four‑percentage‑point lift in gross margin, and roughly 30 % revenue growth over the last 12 months.”
Product innovation continued to drive momentum. The launch of the GURU Zero Orange Raspberry Sorbet, along with the Dragon Fruit Cherry Sorbet and a second Orange Raspberry Sorbet, performed strongly across Quebec retailers and online channels during Q2 2026. In May, the company rolled out a “Boost Your Summer” seasonal marketing campaign and introduced an 18‑pack Sorbet Variety format through a partnership with a leading Quebec wholesale club.
Online sales also accelerated. Amazon’s Spring Sale saw GURU’s revenue rise 12 % in Canada and 32 % in the United States, with the brand topping the Energy Drinks category on Amazon Canada during the event.
Financially, the company reported a net loss of $1.0 million for the quarter, an improvement of 27 % from the $1.4 million loss in Q2 2025. Selling‑, general‑and‑administrative (SG&A) expenses climbed 20.3 % to $6.6 million, but as a proportion of revenue they fell to 77.6 % from 84.8 % a year earlier, indicating operating leverage. The increase in SG&A was driven by marketing for the sorbet launch, consumer research, strategic planning for U.S. expansion, and professional fees noted in the MD&A.
GURU’s balance sheet remained solid. Cash and short‑term investments totaled $24.3 million, with no long‑term debt and an undrawn credit facility of $10.0 million, giving the company $34.3 million in total available liquidity.
Looking ahead, GURU plans to launch another GURU Zero Sorbet in July 2026, broaden U.S. distribution through a leading national natural‑channel retailer in Q3, and continue selective brand investment in high‑return channels. The company also expects to sustain its gross‑margin expansion and operating leverage as revenue scales.
GURU will hold a conference call on June 11, 2026, at 10:00 a.m. ET to discuss the results. The call will be webcast and a replay will be available until June 30, 2026. The latest quarterly report can be accessed on GURU’s website and through Globe Newswire.
Canadian sales, the company’s largest market, surged 46.8 % to $6.6 million, while U.S. revenue held steady at $1.9 million in U.S. dollars. The stronger domestic performance was matched by a marked improvement in the company’s gross margin, which rose to 63.6 % from 59.7 % in Q2 2025 – a 390‑basis‑point gain.
Adjusted EBITDA remained a loss of $0.8 million, yet the figure reflected a 33.8 % reduction from the $1.2 million loss reported in the same quarter last year. Over the trailing twelve months, Adjusted EBITDA turned positive, reaching $1.2 million, marking the second consecutive 12‑month period of profitability since GURU’s initial public offering.
“Direct distribution in Canada has delivered the sales growth we were targeting,” said president and CEO Carl Goyette. “We saw 46.8 % growth in Canadian business, a near‑four‑percentage‑point lift in gross margin, and roughly 30 % revenue growth over the last 12 months.”
Product innovation continued to drive momentum. The launch of the GURU Zero Orange Raspberry Sorbet, along with the Dragon Fruit Cherry Sorbet and a second Orange Raspberry Sorbet, performed strongly across Quebec retailers and online channels during Q2 2026. In May, the company rolled out a “Boost Your Summer” seasonal marketing campaign and introduced an 18‑pack Sorbet Variety format through a partnership with a leading Quebec wholesale club.
Online sales also accelerated. Amazon’s Spring Sale saw GURU’s revenue rise 12 % in Canada and 32 % in the United States, with the brand topping the Energy Drinks category on Amazon Canada during the event.
Financially, the company reported a net loss of $1.0 million for the quarter, an improvement of 27 % from the $1.4 million loss in Q2 2025. Selling‑, general‑and‑administrative (SG&A) expenses climbed 20.3 % to $6.6 million, but as a proportion of revenue they fell to 77.6 % from 84.8 % a year earlier, indicating operating leverage. The increase in SG&A was driven by marketing for the sorbet launch, consumer research, strategic planning for U.S. expansion, and professional fees noted in the MD&A.
GURU’s balance sheet remained solid. Cash and short‑term investments totaled $24.3 million, with no long‑term debt and an undrawn credit facility of $10.0 million, giving the company $34.3 million in total available liquidity.
Looking ahead, GURU plans to launch another GURU Zero Sorbet in July 2026, broaden U.S. distribution through a leading national natural‑channel retailer in Q3, and continue selective brand investment in high‑return channels. The company also expects to sustain its gross‑margin expansion and operating leverage as revenue scales.
GURU will hold a conference call on June 11, 2026, at 10:00 a.m. ET to discuss the results. The call will be webcast and a replay will be available until June 30, 2026. The latest quarterly report can be accessed on GURU’s website and through Globe Newswire.
