Leafbuyer Technologies Reports Q2 Fiscal 2026 Results

Cannabis marketing tech firm sees revenue decline, but focuses on cost controls and compliance

Published on Feb. 17, 2026

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Leafbuyer Technologies, a leading cannabis marketing technology platform, reported financial results for the quarter ended December 31, 2025. Revenue totaled approximately $962,802, down 43% year-over-year, while gross profit was $445,134. The company reported a net loss of $80,638 for the quarter, compared to net income of $74,815 in the prior-year period. The revenue decline was primarily attributed to industry-wide regulatory changes associated with FCC 10DLC messaging compliance, which altered SMS and MMS marketing practices across the cannabis industry.

Why it matters

Leafbuyer's results highlight the challenges facing cannabis technology firms as the industry navigates evolving regulations. The company's ability to quickly adapt its platform to ensure 100% compliance and reduce costs demonstrates disciplined management, which may position it to recapture revenue as the market stabilizes.

The details

Leafbuyer has completed a full restructuring of its messaging platform to ensure 100% compliance with the new FCC regulations. The company says it is now seeing customers return as competitors struggle to adapt. Leafbuyer's cost reductions, with operating expenses declining 22% year over year, demonstrate its focus on operational efficiency.

  • Leafbuyer reported results for the quarter ended December 31, 2025.
  • For the six-month period ended December 31, 2025, Leafbuyer's revenue was $1,936,003, down 42% from the prior year.

The players

Leafbuyer Technologies, Inc.

A leading cannabis marketing technology platform.

Kurt Rossner

Chief Executive Officer of Leafbuyer Technologies.

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What they’re saying

“While the regulatory changes created near-term headwinds, we acted quickly and decisively. We are now fully compliant, our platform is stronger, and we believe we are positioned to recapture revenue as the market stabilizes.”

— Kurt Rossner, Chief Executive Officer

The takeaway

Leafbuyer's ability to adapt its platform and reduce costs during a period of industry-wide regulatory changes demonstrates the company's disciplined management. As the cannabis technology market stabilizes, Leafbuyer may be well-positioned to regain its footing and return to growth.