Avant Brands Swings to Q3 Profit Driven by 51% Recreational Revenue Growth

Key Facts

1Avant Brands reported net income of $0.2 million for Q3 2026, compared to a net loss of $1.9 million in Q3 2025.

2Adjusted EBITDA increased to $1.3 million, up from $0.2 million in the same period last year.

3Harvested kilograms increased by 57.5% to 1,272 kg following an LED retrofit at the Flowr facility.

Avant Brands reported net income of $0.2 million for the third quarter of 2026, swinging from a net loss of $1.9 million in the prior year. ACCESS Newswire reported that adjusted EBITDA increased to $1.3 million, up from $0.2 million in the same period last year.

The financial improvement was driven by a 51% increase in recreational revenue and a 57.5% rise in harvested kilograms to 1,272 kg. The company attributed the production growth to an LED lighting retrofit at its Flowr facility, which enhanced operational efficiencies during the quarter.