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U.S. Net Revenue up 59.8%, Net Income of $0.5 Million, 
and Positive Adjusted EBITDA1 of $0.9 Million

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KEY HIGHLIGHTS

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  • Record net revenue of $11.5 million, up 10.3% from $10.4 million in Q3 2025, the highest quarterly net revenue in the Company’s history. Excluding the change in estimate tied to the termination of the Canadian exclusive distribution agreement in Q3 2025 (hereafter called “change in estimate” or “one-time adjustment”), net revenue grew 27% on a comparable basis1.
  • U.S. net revenue increased 59.8% to $2.8 million, driven by expanded natural-channel distribution, including a nationwide listing at a leading U.S. natural retailer beginning in late June 2026.
  • Canadian net revenue rose 19% on a comparable basis1 excluding the Q3 2025 one-time adjustment, while reported net revenue was essentially stable against a strong prior year quarter, reflecting continued momentum under the direct distribution model and strengthened retail execution.
  • Gross margin of 61.9%, compared to 71.3% in Q3 2025, or 65.9% excluding the prior year one-time adjustment. The comparable decline reflects higher trade investment: elevated promotional activity in the quarter together with client mix.
  • Net income of $0.5 million ($0.02 per share) and Adjusted EBITDA1 of $0.9 million. Third consecutive trailing-twelve-month period of positive Adjusted EBITDA1, with trailing-twelve-month net revenue of approximately $39.0 million, up approximately 23%.
  • Strong balance sheet with $25.6 million in cash and short-term investments, no debt, and $10.0 million in undrawn credit facilities, for $35.6 million of total available liquidity.

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MONTREAL, Sept. 09, 2026 (GLOBE NEWSWIRE) — GURU Organic Energy Corp. (TSX: GURU) (“GURU” or the “Company”), Canada’s leading organic energy drink brand2, today announced its results for the third quarter and nine-month period ended July 31, 2026. All amounts are in Canadian dollars unless otherwise indicated.

Article contentArticle contentFinancial Highlights
(in thousands of dollars, except per share data)Three months ended
July 31Nine months ended
July 31 202620252026 2025  $$$ $ Net revenue11,50810,43528,882 24,626 Gross profit7,1267,43618,115 15,893 Net income (loss)4981,298(838)(1,415)Basic and diluted earnings (loss) per share0.020.04(0.03)(0.05)Adjusted EBITDA18641,55073 (714)Article content


QUOTE FROM CARL GOYETTE, PRESIDENT AND CEO
“Our third quarter set a record for net revenue, clear evidence that demand for GURU is accelerating. We are comparing against a third quarter last year that included a significant one-time benefit, so our reported year-over-year margin and earnings understate the progress we are making. On a comparable basis, we grew the top line, improved operating leverage, achieved profitability and stayed disciplined while investing in new listings and innovation.

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“In the United States, net revenue grew 60%, supported by a nationwide natural-channel listing that went live at the end of June. We are building real, durable distribution in this market. With $35.6 million of total available liquidity, no debt, and a third consecutive trailing-twelve-month period of positive Adjusted EBITDA, we are entering the balance of the year from a position of strength.”

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BUSINESS PERFORMANCE
Canada: Underlying Demand Accelerating
Canadian net revenue was essentially stable year over year at $8.7 million in Q3 2026, against a strong prior year quarter that included a one-time adjustment tied to the termination of the Canadian exclusive distribution agreement. Excluding that adjustment, Canadian net revenue grew 19% on a comparable basis1, reflecting strengthened direct retailer relationships, improved distribution, and expansion across grocery, convenience, and wholesale club channels.

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Product innovation continued to perform. GURU Zero Dragon Fruit Cherry Sorbet, launched in Q1 2026, remained a top performer, and GURU Zero Orange Raspberry Sorbet, the sixth product in the Zero Sugar line, was listed across Quebec retailers and online channels in North America during Q2 2026, supported by the “Boost Your Summer” campaign launched in May 2026 and a limited-time 18-pack Sorbet wholesale-club format in Quebec.