Record-Breaking Revenue and Growth
Organigram reported record-breaking gross and net revenue for Q3 Fiscal 2025, with gross sales increasing 73% year-over-year and 7.2% sequentially to reach $110.2 million. Net revenue was $70.8 million, a 72% year-over-year increase and a 7.9% sequential increase.
Strong Market Position in Canada
Organigram maintained its position as the #1 licensed producer nationally in Canada with an 11.6% market share. The company held 20.4% of the national vape segment and 8.3% of the pre-roll segment.
International Expansion
International revenue increased by 208% year-over-year and 21% sequentially to $7.4 million, driven by exports to Germany, Australia, and the U.K.
Operational Improvements and Capacity Expansion
Harvested over 24,000 kilograms at the Moncton facility, a 15% increase over Q2. LED light upgrades and nutrient optimizations increased annual capacity by over 14,000 kilograms.
Positive Cash Flow
Generated free cash flow of $5 million in Q3 and expect to generate positive free cash flow in Q4 and throughout fiscal 2026.