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CirTran Corporation Reports Strong Financial Performance

CirTran Corporation (OTC: CIRX), a leading diversified consumer products company, has announced exceptionally positive financial results for the second quarter of 2026, marking the strongest performance in the company's history. The company, known for its HUSTLER®-branded products, has seen a dramatic surge in revenue, achieving a remarkable 595.6% increase year-over-year. This robust growth can be attributed to the heightened demand for its vapor product line as well as an expanded retail distribution network.

Q2 2026 Highlights

For the second quarter of 2026, CirTran Corporation reported net sales of $1,171,666, a leap from $168,435 recorded in the same period of the previous year. The gross profit saw a staggering increase of 628.7%, rising to $619,024, which translates to a gross margin of 52.8%. This represents a significant improvement compared to the 50.4% margin from Q2 2025, indicating not just increased sales but improved efficiency in production and marketing strategies.

One of the most notable achievements was the transition to operating profitability, with CirTran generating an operating income of $160,628 in Q2 2026, a dramatic turnaround from the operating loss of $193,258 seen in the same quarter last year. The company's disciplined approach to managing operating expenses, which saw a more measured increase of 64.8% to $458,396, reflects their commitment to maintaining cost efficiency as they scale.

Employee costs saw only a modest rise of 4.9% to $128,567, which is commendable given the overall revenue growth. The strategic investment in marketing and promotions remains critical, evident in the 111.9% increase in Selling, General and Administrative (SGA) expenses to $329,829, a move that aligns with bolstering brand presence and market penetration.

Despite the impressive revenue growth, CirTran's net loss from continuing operations reduced significantly, by 81.8%, to $95,517 or ($0.02) per share, compared with $524,489 or ($0.11) in Q2 2025. The decline in total other expenses, improving by 22.7% to $256,145, further underscores the company's recovery trajectory.

First Half 2026 Performance

CirTran's financial successes extend beyond the second quarter. For the first half of 2026, net sales reached $2,333,019, an increase of 270.8% from $629,251 in the same period of the previous year. This growth was accompanied by a gross profit that surged by 204.7% to $1,082,406. The operational income for the first half stood at $196,750, a clear indication of successful turnaround strategies, especially when compared to the operating loss of $236,531 recorded in the previous year.

The company's net loss from continuing operations improved markedly, decreasing by 74.5% to $161,254 from $632,761. In contrast, the positive income from discontinued operations, mainly resulting from the forgiveness of significant debt, contributed to a net income of $2,112,777 or $0.43 per share for the first half of 2026. This is a notable improvement from a net loss of $718,186, or ($0.14) per share during the first half of 2025.

Management’s Perspective

Iehab Hawatmeh, Chairman and CEO of CirTran Corporation, expressed immense satisfaction with the company's performance, stating, "Our second quarter results exceeded all expectations. We nearly seven-times'd our year-ago quarterly revenue and posted a second consecutive quarter of operational profitability. Our cost discipline means more of every revenue dollar is falling to the bottom line." This success highlights CirTran's exciting future as the company continues to expand its product offerings and market influence.

About CirTran Corporation

Celebrating its 32nd year in operation, CirTran Corporation has transitioned from its inception as an electronics contract manufacturer to a prominent global distributor within the adult lifestyle and entertainment sector. With a strategic focus on product diversification and international market penetration, CirTran is geared towards sustainable growth in high-demand segments. For detailed financial information, investors can refer to the company’s disclosures at www.sec.gov.