Glow Lifetech Reports Record Q1 2026 Results; 35% YoY Revenue Growth, 27% Sequential Growth and Continued National Expansion Momentum

About this update from Glow Lifetech Corp

[{"type":"text","content":"Toronto, Ontario--(Newsfile Corp. - May 26, 2026) - Glow Lifetech Corp. (CSE: GLOW) (OTCID: GLWLF) (FSE: 9DO) ("Glow" or the "Company") is pleased to report its financial results for the first quarter ended March 31, 2026 ("Q1 2026"). In Q1 2026, Glow delivered strong revenue growth, sustained high gross margins, improved operating efficiency, and strengthened its balance sheet, reflecting continued commercial momentum and progress toward sustainable profitability.","length":499,"tagName":"p"},{"type":"text","content":""Q1 marked another milestone quarter for Glow, delivering record quarterly revenue with 35% year-over-year growth and 27% sequential growth, continued strong gross margins, and our strongest EBITDA performance to date, all while maintaining disciplined expense management as we scale," said Rob Carducci, CEO, Glow Lifetech. "The momentum we built through 2025 has continued into 2026, driven by expanding penetration with leading national retailers, successful entry into new provincial and medical channels, and continued innovation across our product portfolio. As we deepen our footprint in recently launched markets and continue advancing additional provincial expansion opportunities, we believe Glow remains well-positioned to build on its commercial momentum, strengthen operating leverage, and continue progressing toward sustainable profitability."","length":878,"tagName":"p"},{"type":"text","content":"Q1 2026 Highlights:","length":19,"tagName":"p"},{"type":"list","items":[{"val":[{"type":"text","content":"Record net revenue of $643,519, a 35% increase compared to prior year (Q1 2025: $478,327), representing the highest quarterly revenue in the Company's history","length":162,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross profit of $413,259, a 30% increase compared to prior year (Q1 2025: $318,024)","length":83,"tagName":"p"}]},{"val":[{"type":"text","content":"Gross margin of 64%, a decrease from 66% in Q1 2025, reflecting sustained operational efficiency while scaling and the growing success of larger-format SKUs with higher dollar margins","length":183,"tagName":"p"}]},{"val":[{"type":"text","content":"Total Expenses of $483,975, a modest 4% increase compared to prior year (Q1 2025: $464,963), demonstrating disciplined cost management and improving o...

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