XXIINasdaqCigarettesFiscal year ends December 31
22nd Century Group, Inc.
Financials through Q2 FY2026, quarter ended Jun 30, 2026Last filing: 10-Q on Aug 14, 2026
$0.29−0.04 (-11.94%)
Close on Oct 19, 2026
- Market cap
- $61.73K
- P/E (TTM)
- –
- Dividend yield
- –
Margins
Share of revenue, fiscal years 2011 to 2025
Gross margin
42.1%+37.0 pts over 5 years
Operating margin
-65.8%+2.5 pts over 5 years
Net margin
-28.7%+41.4 pts over 5 years
Growth rates
Compound annual growth to fiscal 2025
| Per year | 1 year | 3 years | 5 years | 10 years | Five-year pace |
|---|---|---|---|---|---|
| Revenue | -27.9% | -24.3% | -9.0% | +7.5% | |
| Gross profit | -26.8% | +58.8% | +38.8% | – |
Returns and balance sheet
10 fiscal years. Hover a measure to see how it is calculated.
| Measure | FY2016 | FY2020 | FY2025 | Trend |
|---|---|---|---|---|
| Return on equity | -64.2% | -37.1% | -51.1% | |
| Return on assets | -50.3% | -32.7% | -20.8% | |
| Current ratio | 5.17 | 3.86 | 2.42 | |
| Debt to equity | 0.00 | – | – | |
| Net debt to EBITDA | 1.27× | – | – | |
| Interest coverage | -301.7× | -266.4× | -7.9× | |
| Inventory turnover | 4.4× | 12.4× | 3.2× | |
| Capex to revenue | – | 0.2% | 0.3% | |
| Diluted shares | 0M | 1M | 0M |
Where the cash went
Fiscal 2021 to 2025, five years combined
22nd Century generated $151.61M from operations and spent $9.26M on capital expenditure, dividends and share buybacks. 100% of that went back into the business.
Generated
$151.61M
Used
$9.26M
Capital expenditure$9.26M100%Dividends$00%Share buybacks$00%
DuPont analysis
Return on equity split into margin, efficiency and leverage
Net margin-28.7%
×Asset turnover0.72×
×Equity multiplier2.46×
=Return on equity, FY2025-51.1%
| Fiscal year | Net margin | Asset turnover | Equity multiplier | Return on equity |
|---|---|---|---|---|
| FY2025 | -28.7% | 0.72× | 2.46× | -51.1% |
| FY2024 | -62.2% | 0.99× | -11.18× | 689.6% |
| FY2023 | -437.1% | 0.45× | 1.62× | -321.5% |
| FY2022 | -147.7% | 0.42× | 1.18× | -73.8% |
| FY2021 | -105.4% | 0.48× | 1.16× | -59.2% |
| FY2020 | -70.1% | 0.47× | 1.14× | -37.1% |
| FY2019 | -102.8% | 0.35× | 1.10× | -39.8% |
| FY2018 | -30.1% | 0.34× | 1.07× | -10.9% |
| FY2017 | -78.5% | 0.31× | 1.08× | -26.1% |
| FY2016 | -94.3% | 0.53× | 1.28× | -64.2% |
Piotroski F-Score
Nine tests of profitability, balance sheet and efficiency, fiscal 2025 against fiscal 2024
3of 8 tests passed in fiscal 2025. Some tests lack the figures they need.
- ProfitableNet income above zero-$5.05M
- Cash generatingOperating cash flow above zero-$7.72M
- Return on assets improvedROA up on the prior year-55.1% → -23.3%
- Earnings backed by cashOperating cash flow above net income-$7.72M vs -$5.05M
- Less leverageLong-term debt to assets fell23.8% → –
- Better liquidityCurrent ratio rose1.16 → 2.42
- No dilutionShare count did not rise0M → 0M
- Gross margin improvedGross margin up on the prior year41.44% → 42.08%
- More efficientAsset turnover rose0.89 → 0.81