22nd Century (XXII) Operating Expenses (2010 - 2026)
22nd Century (XXII) posted Operating Expenses of $2.4 million for Q1 2026, up 22.04% sequentially from $2.0 million in Q4 2025, and up 22.54% YoY from $2.0 million in Q1 2025.
22nd Century (XXII) Operating Expenses (2010 - 2026) Analysis & Trends
22nd Century (XXII) has 17 years of Operating Expenses data on file, last reported at $2.4 million in Q1 2026.
- Quarterly Operating Expenses rose 22.54% year-over-year to $2.4 million in Q1 2026, while the trailing twelve-month figure through Mar 2026 was $8.9 million (down 13.08% YoY) and the FY2025 annual result came in at $8.4 million, down 27.02% from the prior year.
- Operating Expenses improved to $2.4 million in Q1 2026 per XXII's latest filing, from $2.0 million in the prior quarter.
- The five-year high for Operating Expenses was $15.9 million in Q3 2022, with the low at -$228000.0 in Q4 2022.
- Average Operating Expenses over 5 years is $5.5 million, with a median of $2.8 million recorded in 2024.
- Year-over-year, Operating Expenses tumbled 102.46% in 2022 and surged 2908.33% in 2023.
- 22nd Century's Operating Expenses stood at -$228000.0 in 2022, then surged by 2908.33% to $6.4 million in 2023, then sank by 55.66% to $2.8 million in 2024, then sank by 30.64% to $2.0 million in 2025, then rose by 22.04% to $2.4 million in 2026.
- Business Quant data shows XXII's Operating Expenses at $2.4 million in Q1 2026, $2.0 million in Q4 2025, and $2.2 million in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | - |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | -37.64 Mn |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 55.81 Mn |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 72.37 Mn |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 11.47 Mn |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 14.43 Mn |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | 5.79 Mn |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 603,041.00 |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | 2.86 Mn |
| 10 | 22nd Century | 128,296.63 | -9.42 Mn | -636,000.00 | 2.40 Mn |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 2.40 Mn |
| Dec 31, 2025 | 1.97 Mn |
| Sep 30, 2025 | 2.15 Mn |
| Jun 30, 2025 | 2.35 Mn |
| Mar 31, 2025 | 1.96 Mn |
| Dec 31, 2024 | 2.84 Mn |
| Sep 30, 2024 | 2.79 Mn |
| Jun 30, 2024 | 2.62 Mn |
| Mar 31, 2024 | 3.31 Mn |
| Dec 31, 2023 | 6.40 Mn |
| Sep 30, 2023 | 8.33 Mn |
| Jun 30, 2023 | 11.08 Mn |
| Mar 31, 2023 | 10.42 Mn |
| Dec 31, 2022 | -228,000.00 |
| Sep 30, 2022 | 15.89 Mn |
| Jun 30, 2022 | 11.37 Mn |
| Mar 31, 2022 | 8.46 Mn |
| Dec 31, 2021 | 9.26 Mn |
| Sep 30, 2021 | 7.86 Mn |
| Jun 30, 2021 | 7.09 Mn |