22nd Century (XXII) Cost of Revenue (2010 - 2026)
22nd Century (XXII) posted Cost of Revenue of $1.62 million for Q2 2026, down 43.4% from $2.86 million a year earlier and down 15.8% from the prior quarter.
22nd Century (XXII) Cost of Revenue (2010 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Cost of Revenue at 22nd Century was $7.99 million, down 33.1% year-over-year; for FY2025, it came in at $10.19 million, down 28.7% from FY2024.
- Annual Cost of Revenue has declined for three consecutive years, with a five-year compound annual growth rate of -17.5% (FY2020 to FY2025).
- In prior years, 22nd Century's Cost of Revenue was $14.28 million in FY2024 (-42.6%), $24.89 million in FY2023 (-35.6%), $38.65 million in FY2022 (+31.2%) and $29.46 million in FY2021 (+10.5%).
- The Q2 2026 figure stands as the lowest quarterly Cost of Revenue since Q4 2022.
- On a year-over-year basis, Cost of Revenue has declined in each of the last ten quarters, with an average decline of 35.6% over the last eight quarters.
- The strongest year-over-year quarter for Cost of Revenue in the past five years was Q3 2022, with growth of 149.6%; the weakest was Q3 2023, with a decline of 79.1%.
- According to Business Quant data, Cost of Revenue for the three prior quarters was $1.93 million (Q1 2026), $1.88 million (Q4 2025) and $2.56 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 3.53 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 1.54 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 170.19 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 82.40 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 108.66 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 168.81 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 42.15 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 49.26 Mn |
| 10 | 22nd Century | 190,409.32 | -27.41 Mn | -293,000.00 | 1.62 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.62 Mn |
| Mar 31, 2026 | 1.93 Mn |
| Dec 31, 2025 | 1.88 Mn |
| Sep 30, 2025 | 2.56 Mn |
| Jun 30, 2025 | 2.86 Mn |
| Mar 31, 2025 | 2.88 Mn |
| Dec 31, 2024 | 3.09 Mn |
| Sep 30, 2024 | 3.10 Mn |
| Jun 30, 2024 | 3.87 Mn |
| Mar 31, 2024 | 4.21 Mn |
| Dec 31, 2023 | 11.56 Mn |
| Sep 30, 2023 | 3.92 Mn |
| Jun 30, 2023 | 4.68 Mn |
| Mar 31, 2023 | 4.72 Mn |
| Dec 31, 2022 | -2.43 Mn |
| Sep 30, 2022 | 18.76 Mn |
| Jun 30, 2022 | 13.59 Mn |
| Mar 31, 2022 | 8.74 Mn |
| Dec 31, 2021 | 7.73 Mn |
| Sep 30, 2021 | 7.52 Mn |
22nd Century Cost of Revenue 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=cost-of-revenue&ticker=XXII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "XXII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=XXII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();