Cyanotech Corporation reports 19% increase in second quarter sales
Cyanotech Corporation reported a 19.3% increase in net sales for Q2 fiscal 2026, reaching $7.0 million, up from $5.8 million in Q2 fiscal 2025. Gross profit rose to $2.4 million with a margin of 34.3%, compared to $1.5 million and 25.3% last year. The company reversed an operating loss to report $0.2 million in operating income, and net income improved to $1,000 from a loss of $1.2 million. Growth was attributed to higher bulk sales and strong online performance, alongside increased production and price adjustments for Nutrex products.
Cyanotech Corporation reported net sales of $7.0 million for the second quarter of fiscal 2026, a 19.3% increase from $5.8 million in the same period of fiscal 2025. Gross profit was $2.4 million, with a gross profit margin of 34.3%, compared to $1.5 million and a 25.3% margin in the prior year. The company reported operating income of $0.2 million, reversing an operating loss of $1.0 million in the previous year. Net income for the quarter was $1,000, or $0.00 per diluted share, compared to a net loss of $1.2 million, or $0.16 per diluted share, in the same period last year. Sales growth was driven by higher bulk sales and strong performance in online channels, with increased production volumes and price adjustments for Nutrex-brand products contributing to improved gross margin. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Cyanotech Corporation published the original content used to generate this news brief via Business Wire (Ref. ID: 20251110034205) on November 10, 2025, and is solely responsible for the information contained therein. © Copyright 2025 - Public Technologies (PUBT)
