Village Farms International (VFF) Net Margin (2019 - 2026)
Village Farms International's Net Margin came in at 11.17% for Q2 2026, down 33.07 percentage points from 44.24% a year earlier but up 5.36 percentage points from the prior quarter.
Powered by 
Analysis
Village Farms International (VFF) Net Margin (2019 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Village Farms International reported Net Margin of 9.85%, up 4.67 percentage points year-over-year; for FY2025, it came in at 15.02%, up 33.32 percentage points from FY2024.
- Net Margin has increased in each of the last three years, with a five-year change of +8.20 percentage points (FY2020 to FY2025).
- Going back by year, Net Margin was -18.30% in FY2024 (+3.03 pp), -21.33% in FY2023 (+13.12 pp), -34.45% in FY2022 (-31.07 pp) and -3.39% in FY2021 (-10.21 pp).
- The five-year range for quarterly Net Margin is -71.02% (Q4 2022) to 44.24% (Q2 2025).
- Year-over-year, Net Margin increased in five of the last seven quarters, with an average year-over-year change of +15.09 percentage points.
- The fastest year-over-year change in Net Margin over five years came in Q2 2025 (a gain of 88.17 percentage points), and the weakest in Q4 2022 (a drop of 73.87 percentage points).
- Business Quant data shows VFF's Net Margin at 5.81% (Q1 2026), 4.90% (Q4 2025) and 15.31% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 25.17% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 37.60% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 3.68% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 21.89% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -149.83% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 1.59% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 45.45% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 2.52% |
| 10 | Village Farms International | 382.59 Mn | 101.89 Mn | 29.97 Mn | 11.17% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 11.17% |
| Mar 31, 2026 | 5.81% |
| Dec 31, 2025 | 4.90% |
| Sep 30, 2025 | 15.31% |
| Jun 30, 2025 | 44.24% |
| Mar 31, 2025 | -16.89% |
| Dec 31, 2024 | -19.02% |
| Sep 30, 2024 | -1.49% |
| Jun 30, 2024 | -43.94% |
| Mar 31, 2024 | -3.65% |
| Sep 30, 2023 | -1.87% |
| Jun 30, 2023 | -1.79% |
| Mar 31, 2023 | -10.26% |
| Dec 31, 2022 | -71.02% |
| Sep 30, 2022 | -12.31% |
| Jun 30, 2022 | -44.09% |
| Mar 31, 2022 | -9.29% |
| Dec 31, 2021 | 2.85% |
| Sep 30, 2021 | 1.03% |
| Jun 30, 2021 | -6.42% |
API Access
Village Farms International Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=VFF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "VFF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=VFF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();