PyroGenesis Q2 FY26 net loss narrows to $1.1 million; revenue rises 47% to $4.4 million y/y

Reuters2026/08/07 01:00

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PyroGenesis Q2 2026 revenue rose 47% to $4.4 million, marking its best Q2 since 2022.
Net loss narrowed to $1.1 million; gross margin fell 24 percentage points to 32%.
Modified EBITDA loss improved to $0.5 million from $2.1 million a year earlier.
Revenue (order) backlog was $40 million as of Aug. 6, with 88% denominated in U.S. dollars.
Management cited project execution progress, another titanium powder supply agreement, cost-base reductions, and anticipated a solid second half of 2026.

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. PyroGenesis Inc. published the original content used to generate this news brief via GlobeNewswire (Ref. ID: 202608062100PRIMZONEFULLFEED9805773) on August 07, 2026, and is solely responsible for the information contained therein.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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PyroGenesis Q2 FY26 net loss narrows to $1.1 million; revenue rises 47% to $4.4 million y/y

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