Cardiff Lexington Q2 2026 slides show expansion despite deeper losses

Cardiff Lexington Corp. on Monday released its second-quarter 2026 investor presentation, detailing expansion plans amid a second consecutive year of widening losses.

The slides, filed with regulators, indicate the company has entered two new geographic markets and launched three additional product lines since the prior quarter. Revenue grew 8% sequentially to $124.3 million, though the company reported a net loss of $18.7 million, compared with a $12.4 million loss in the same period last year.

Gross margin improved to 24.1% from 21.8% in Q1 2026, supported by cost efficiencies in production and logistics. Operating expenses rose 11%, driven by marketing spend tied to the new market entries. Cash and cash equivalents totaled $47.2 million at quarter-end, down from $58.9 million at the start of the year.

Cardiff Lexington attributed the expansion to demand in emerging markets and strategic partnerships in Southeast Asia. The company did not provide updated guidance but noted that operational scaling would continue in the second half of 2026.

Shares of Cardiff Lexington were down 2.3% in pre-market trading following the release.