Village Farms International (VFF) Operating Expenses (2019 - 2026)
Village Farms International's (VFF) quarterly Operating Expenses came in at $18.8 million in Q2 2026, up 22.06% year-over-year from $15.4 million in Q2 2025, and up 18.0% quarter-over-quarter from $15.9 million in Q1 2026.
Analysis
Village Farms International (VFF) Operating Expenses (2019 - 2026) Analysis & Trends
Village Farms International (VFF) has reported Operating Expenses for 8 consecutive years, with $18.8 million the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Expenses rose 22.06% year-over-year to $18.8 million in Q2 2026; TTM through Jun 2026 was $65.0 million, a 7.51% increase from a year earlier, with the FY2025 full-year figure at $60.3 million, down 2.36% from the prior year.
- Operating Expenses was $18.8 million for Q2 2026 at Village Farms International, up from $15.9 million in the prior quarter.
- Over five years, Operating Expenses peaked at $18.8 million in Q2 2026 and troughed at $6.7 million in Q4 2023.
- A 5-year average of $16.0 million and a median of $16.2 million in 2024 frame the typical range for Operating Expenses.
- Across the five-year window, Operating Expenses plunged 62.63% in 2023 and surged 135.77% in 2024, its largest moves.
- Over 5 years, Operating Expenses stood at $18.0 million in 2022, then sank by 62.63% to $6.7 million in 2023, then surged by 135.77% to $15.9 million in 2024, then dropped by 7.64% to $14.7 million in 2025, then rose by 28.28% to $18.8 million in 2026.
- The last three Operating Expenses figures came in at $18.8 million (Q2 2026), $15.9 million (Q1 2026), and $14.7 million (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 165.69 Mn |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 532.81 Mn |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 117.91 Mn |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 21.05 Mn |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 18.76 Mn |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 101.60 Mn |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 106.98 Mn |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 96.56 Mn |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 32.06 Mn |
| 10 | Village Farms International | 343.35 Mn | 270.42 Mn | 29.97 Mn | 18.81 Mn |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 18.81 Mn |
| 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 |