Village Farms International (VFF) Operating Expenses (2019 - 2026)
Village Farms International (VFF) posted quarterly 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% quarter-over-quarter from $14.7 million in Q4 2025.
Village Farms International (VFF) Operating Expenses (2019 - 2026) Analysis & Trends
Village Farms International (VFF) has reported Operating Expenses for 8 consecutive years, with $15.9 million the latest figure, recorded in Q1 2026.
- In Q1 2026, Operating Expenses rose 9.05% year-over-year to $15.9 million; the TTM figure through Mar 2026 stood at $61.6 million (down 0.81% YoY), while the FY2025 annual figure was $60.3 million, down 2.36% from the prior year.
- Operating Expenses improved 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.
- Historically, Operating Expenses has averaged $15.8 million across 5 years, with a median of $15.9 million in 2026.
- Annual changes were most pronounced in 2023 — Operating Expenses tumbled 62.63% — and 2024, when it soared 135.77%.
- Village Farms International's Operating Expenses stood at $18.0 million in 2022, then sank by 62.63% to $6.7 million in 2023, then jumped by 135.77% to $15.9 million in 2024, then fell by 7.64% to $14.7 million in 2025, then rose by 8.72% to $15.9 million in 2026.
- Business Quant data shows VFF's Operating Expenses at $15.9 million in Q1 2026, $14.7 million in Q4 2025, and $15.6 million in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Archer-Daniels-Midland | 39.70 Bn | 30.13 Bn | 1.94 Bn | 1.04 Bn |
| 2 | Bunge Global | 22.60 Bn | 21.96 Bn | 1.68 Bn | 606.00 Mn |
| 3 | Tyson Foods | 16.47 Bn | 15.73 Bn | 921.00 Mn | 559.00 Mn |
| 4 | Cal-Maine Foods | 3.91 Bn | 3.80 Bn | 34.07 Mn | 93.59 Mn |
| 5 | Del Monte | 1.49 Bn | 1.45 Bn | 121.30 Mn | 72.60 Mn |
| 6 | Dole | 1.27 Bn | 975.26 Mn | 195.30 Mn | 148.44 Mn |
| 7 | Adecoagro | 1.11 Bn | 885.33 Mn | 97.80 Mn | -35.83 Mn |
| 8 | Vital Farms | 455.33 Mn | 434.00 Mn | 10.93 Mn | 51.08 Mn |
| 9 | Village Farms International | 299.19 Mn | 226.26 Mn | 29.97 Mn | 18.81 Mn |
| 10 | Alico | 294.68 Mn | 239.10 Mn | 4.05 Mn | 2.26 Mn |
Historic Data
Download 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 |