BioHarvest revenue rises 3.8% to $8.8 million
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- BioHarvest reported Q2 2026 revenue of $8.8 million, up 3.8%, while its net loss narrowed to $3.7 million.
- Adjusted EBITDA loss widened to $1.6 million, while cash and bank deposits totaled $16.25 million at June 30.
- BioHarvest secured its first CDMO manufacturing agreement for an anticipated 20-ton fragrance program and redirected spending toward production capacity.
BioHarvest Sciences (NASDAQ:BHST) reported second-quarter 2026 revenue of $8.8 million, up 3.8%, while gross margin slipped to 58%.
Revenue increased from $8.5 million a year earlier, while net loss narrowed to $3.7 million from $4.1 million.
Adjusted EBITDA loss widened to $1.6 million, while BioHarvest cut VINIA’s 2026 revenue forecast to $33–$35 million from $38–$42 million.
BioHarvest’s VINIA business grew Q2 revenue 2% and had about 95,000 active customers as the company redirected spending toward manufacturing capacity.
BioHarvest also advanced a $1.125 million saffron program, received a $1.4 million Israeli grant and expanded its Tate & Lyle sweetener collaboration.
