Flora Growth Corp. (FLGC) Revenue History
Annual and quarterly revenue from 2019 to present
FLGC Revenue Over Time (2019–2025)
FLGC Revenue Growth History
3 of 5 years with positive growth- FY2019 revenue growth
- N/A
- FY2020 revenue growth
- N/A
- FY2021 revenue growth
- +8371.7%
- FY2022 revenue growth
- +271.9%
- FY2023 revenue growth
- +127.8%
- FY2024 revenue growth
- -21.8%
- FY2025 revenue growth
- -75.6%
| Quarter | Revenue | YoY |
|---|---|---|
| Q4 2025 | $-21,831,000 | -263.8% |
| Q3 2025 | $9.7M | -21.8% |
| Q2 2025 | $14.8M | -5.7% |
| Q1 2025 | $11.8M | -34.6% |
| Q4 2024 | $13.3M | -25.9% |
| Q3 2024 | $12.5M | -28.0% |
| Q2 2024 | $15.7M | -26.9% |
| Q1 2024 | $18.0M | -6.7% |
Multi-year avg. share of annual revenue by fiscal quarter
Revenue Breakdown (FY 2021)
FLGC's revenue distribution by segment and geography for fiscal year 2021
By Product/Segment
By Geography
FLGC Revenue Analysis (2019–2025)
Current Revenue & Growth
As of June 19, 2026, Flora Growth Corp. (FLGC) generated trailing twelve-month (TTM) revenue of $14.5 million, reflecting significant decline in growth of -263.8% year-over-year. The most recent quarter (Q4 2025) recorded $-21,831,000 in revenue, down 324.0% sequentially.
Historical Growth Trajectory
FLGC's 5-year compound annual growth rate (CAGR) stands at +167.4%, indicating outstanding long-term growth trajectory. The 3-year CAGR of -24.3% is below the 5-year average, signalling a growth deceleration in recent years. Flora Growth Corp.'s highest annual revenue of $76.1 million was recorded in 2023.
Revenue by Segment
FLGC's revenue is primarily driven by Pharmaceuticals and Nutraceuticals (100%). With over half of revenue concentrated in Pharmaceuticals and Nutraceuticals, the company has a focused business model while developing other growth vectors.
Peer Comparison
Compared to Healthcare sector peers — including TLRY (+3.0% YoY), CGC (+16.1% YoY), and ACB (-9.4% YoY) — FLGC has underperformed the peer group in revenue growth. Compare FLGC vs TLRY →
FLGC Revenue vs Peers
Revenue metrics vs comparable public companies
| Company | TTM Revenue | YoY Growth | 5Y CAGR | Op. Margin | Compare |
|---|---|---|---|---|---|
 FLGCCurrent | $14M | -263.8% | +167.4% | -30.7% | |
 TLRY | $1.1B | +3.0% | +22.7% | -277.9% | |
 CGC | $484M | +16.1% | -2.4% | -33.4% | |
 ACB | $321M | -9.4% | +5.6% | -50.8% | |
 CRON | $193M | +65.1% | +32.9% | -1.5% | |
 SNDL | $946M | +1.1% | +73.1% | -0.5% |
FLGC Historical Revenue Data (2019–2025)
| Year | Revenue | YoY % | Gross Profit | Gross Margin | Op. Income | Op. Margin |
|---|---|---|---|---|---|---|
| 2025 | $14.5M | -75.6% | $6.3M | 43.3% | $-4,457,000 | -30.7% |
| 2024 | $59.5M | -21.8% | $12.5M | 21.0% | $-15,645,000 | -26.3% |
| 2023 | $76.1M | +127.8% | $17.7M | 23.3% | $-50,354,000 | -66.2% |
| 2022 | $33.4M | +271.9% | $13.3M | 39.7% | $-47,221,000 | -141.4% |
| 2021 | $9.0M | +8371.7% | $2.4M | 27.0% | $-19,003,000 | -211.6% |
| 2020 | $106K | - | $71K | 67.0% | $-14,284,000 | -13475.5% |
| 2019 | $0 | - | $-25,865 | - | $-2,818,510 | - |
Intrinsic Valuation
DCF models, multiple analysis, and analyst estimates.
Historical Returns
7+ years return with dividends reinvested.
DCA Calculator
See how regular investing compounds over time.
Peer Comparison
Compare growth, multiples, and margins vs sector.
FLGC — Frequently Asked Questions
Quick answers to the most common questions about buying FLGC stock.
Is FLGC's revenue growth accelerating or slowing?
FLGC revenue is declining -263.8% year-over-year. TTM revenue fell to $14M, contrasting with the 5-year CAGR of +167.4%. The reversal reflects either macro headwinds or company-specific challenges.
What is FLGC's revenue history from 2019 to 2026?
Flora Growth Corp. (FLGC) revenue history spans 2019 to 2026. TTM revenue as of 2026 is $14M, growing at -263.8% YoY. The 5-year CAGR is +167.4%. Complete annual and quarterly revenue figures are available on this page, including gross profit, operating income, and margin trends.
What is FLGC's long-term revenue growth rate (CAGR)?
Flora Growth Corp.'s 5-year revenue CAGR of +167.4% reflects the variable nature of its business expansion. As of 2026, the current YoY growth rate of -263.8% is below this long-term average. CAGR is the most reliable measure of sustained revenue momentum for FLGC.
Why does FLGC's quarterly revenue fluctuate?
FLGC quarterly revenue can fluctuate significantly between periods. A quarter-over-quarter (QoQ) change does not always indicate a trend; comparing the same quarter year-over-year (YoY) is a more reliable signal for underlying growth. Flora Growth Corp.'s revenue data from 2019 to 2026 shows full historical quarterly detail on this page.
How is FLGC's revenue distributed by segment?
FLGC reports revenue broken down by product line and geographic region. The segment breakdown on this page shows which business units contribute the most to total revenue as of the latest fiscal year. Concentration in a single segment above 50% indicates category dependence, while a diversified mix signals more resilient revenue streams.
How does FLGC's revenue compare to industry peers?
Flora Growth Corp. (FLGC) with TTM revenue of $14M and -263.8% YoY growth can be benchmarked against sector peers using the comparison table on this page. Revenue growth relative to peers indicates market share gains or losses. The peer section shows TTM revenue, YoY growth, and operating margin for direct comparisons.