Cash Flow Statement
Growth Metrics

Village Farms International (VFF) Operating Expenses (2018 - 2026)

Village Farms International (VFF) reported Operating Expenses of $15.9 million for Q1 2026, up 9.05% year-over-year from $14.6 million in Q1 2025, and up 8.72% on a QoQ basis from $14.7 million in Q4 2025.

Village Farms International (VFF) has 9 years of Operating Expenses data on file, last reported at $15.9 million in Q1 2026.

  • Quarterly Operating Expenses rose 9.05% year-over-year to $15.9 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $61.6 million (down 0.81% YoY) and the FY2025 annual result came in at $60.3 million, down 2.36% from the prior year.
  • Operating Expenses advanced to $15.9 million in Q1 2026 per VFF's latest filing, from $14.7 million in the prior quarter.
  • Across five years, Operating Expenses topped out at $18.5 million in Q2 2022 and bottomed at $6.7 million in Q4 2023.
  • The 5-year median for Operating Expenses is $15.9 million (2026), against an average of $15.8 million.
  • The widest annual swing landed in 2023, when Operating Expenses sank 62.63%; it then jumped 135.77% in 2024.
  • Tracing VFF's Operating Expenses over 5 years: stood at $18.0 million in 2022, then slumped by 62.63% to $6.7 million in 2023, then jumped by 135.77% to $15.9 million in 2024, then slipped by 7.64% to $14.7 million in 2025, then climbed by 8.72% to $15.9 million in 2026.
  • Per Business Quant, the three latest VFF Operating Expenses figures stand at $15.9 million (Q1 2026), $14.7 million (Q4 2025), and $15.6 million (Q3 2025).

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Archer-Daniels-Midland 37.36 Bn 36.74 Bn 1.22 Bn 973.00 Mn
2 Bunge Global 23.34 Bn 23.89 Bn 766.00 Mn 531.00 Mn
3 Tyson Foods 4.64 Bn 4.24 Bn 962.00 Mn 527.00 Mn
4 Cal-Maine Foods 3.64 Bn 3.26 Bn 119.28 Mn 83.30 Mn
5 Fresh Del Monte Produce 1.57 Bn 1.51 Bn 89.00 Mn 51.10 Mn
6 Dole 1.38 Bn 1.21 Bn 184.99 Mn 123.78 Mn
7 Vital Farms 412.88 Mn 375.92 Mn 53.01 Mn 55.34 Mn
8 Alico 311.29 Mn 263.16 Mn -4.59 Mn 3.23 Mn
9 Village Farms International 301.97 Mn 256.27 Mn 20.99 Mn 15.94 Mn
10 Forafric Global 271.18 Mn 272.22 Mn - -

Historic Data

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DateValue
Mar 31, 2026 15.94 Mn
Dec 31, 2025 14.66 Mn
Sep 30, 2025 15.60 Mn
Jun 30, 2025 15.41 Mn
Mar 31, 2025 14.62 Mn
Dec 31, 2024 15.88 Mn
Sep 30, 2024 14.57 Mn
Jun 30, 2024 17.06 Mn
Mar 31, 2024 16.39 Mn
Dec 31, 2023 6.73 Mn
Sep 30, 2023 15.82 Mn
Jun 30, 2023 16.75 Mn
Mar 31, 2023 17.41 Mn
Dec 31, 2022 18.02 Mn
Sep 30, 2022 17.79 Mn
Jun 30, 2022 18.52 Mn
Mar 31, 2022 17.94 Mn
Dec 31, 2021 23.67 Mn
Sep 30, 2021 13.13 Mn
Jun 30, 2021 9.03 Mn
Mar 31, 2021 8.09 Mn
Dec 31, 2020 6.41 Mn
Sep 30, 2020 4.94 Mn
Jun 30, 2020 3.81 Mn
Mar 31, 2020 3.92 Mn
Dec 31, 2019 4.86 Mn
Sep 30, 2019 3.74 Mn
Jun 30, 2019 3.95 Mn
Mar 31, 2019 4.24 Mn
Dec 31, 2018 25.04 Mn
Sep 30, 2018 -3.63 Mn
Jun 30, 2018 -3.69 Mn
Mar 31, 2018 -3.36 Mn