BioHarvest Sciences Inc (NAS:BHST)
$ 2.87 -0.040 (-1.37%) Market Cap: 65.06 Mil Enterprise Value: 58.93 Mil PE Ratio: 0 PB Ratio: 2.82 GF Score: 63/100

Q1 2026 BioHarvest Sciences Inc Earnings Call Transcript

May 14, 2026 / 12:00 PM GMT
Release Date Price: $4.16 (+3.87%)

Key Points

Positve
  • BioHarvest Sciences Inc (BHST) reported an 8% year-over-year increase in revenues for Q1 2026, reaching $8.5 million.
  • The company's gross profit margin improved slightly to 59% from 58% in the same quarter last year.
  • BioHarvest's CDMO division signed a $1.2 million Stage 2 contract, marking progress in their fragrance development program.
  • The Vinia Blood Flow Hydration product has achieved rapid consumer adoption, contributing significantly to new customer sales.
  • BioHarvest's proprietary botanical synthesis platform is gaining recognition as a differentiated and compelling proposition in the market.
Negative
  • Net losses for Q1 2026 increased to $2.6 million compared to $2.3 million in the same period last year.
  • Total operating expenses rose to $6.9 million from $6.3 million, primarily due to increased marketing spend and higher expenses for the CDMO Services Division.
  • The company experienced a one-time decline in revenue in Q1 2026 compared to Q4 2025 due to changes in marketing and sales approach.
  • BioHarvest's D2C business reported modest year-over-year revenue growth, which was below expectations.
  • The company anticipates a continued adjusted EBITDA loss for the year, expected to be between $4 million and $5 million.


Refinitiv StreetEvents Event Transcript
E D I T E D V E R S I O N

8MV0.MU - Bioharvest Sciences Inc
Q1 2026 BioHarvest Sciences Inc Earnings Call
May 14, 2026 / 12:00PM GMT

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Presentation
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Unidentified_1 [1]
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Good morning and welcome to the Bioharvest Sciences First Quarter 2026 Financial Results Conference Call. As a reminder, all participants are in listen-only mode. After today's prepared remarks, we will host a question-and-answer session. If you would like to ask a question, please press star one to raise your hand. To withdraw your question, press star one again. As a reminder, this conference is being recorded. I will now hand the call over to Dori Kirowski of LifeSci Advisors. Please go ahead.

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Unidentified_2 [2]
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