22nd Century XXII
NASDAQ XXII
$3.76 -0.17 (-4.39%)
As of: Aug 21, 2026 · 3:53 PM EDT

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 has reported Operating Expenses for 17 years, with the latest figure 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.
  • Over five years, Operating Expenses peaked at $15.9 million in Q3 2022 and troughed at -$228000.0 in Q4 2022.
  • A 5-year average of $5.5 million and a median of $2.8 million in 2024 frame the typical range for Operating Expenses.
  • The sharpest annual moves came in 2022 and 2023: Operating Expenses sank 102.46% in 2022, then soared 2908.33% in 2023.
  • Over 5 years, Operating Expenses stood at -$228000.0 in 2022, then jumped by 2908.33% to $6.4 million in 2023, then plunged by 55.66% to $2.8 million in 2024, then plunged by 30.64% to $2.0 million in 2025, then increased by 22.04% to $2.4 million in 2026.
  • According to Business Quant data, Operating Expenses over the past three periods registered $2.4 million, $2.0 million, and $2.2 million for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Opex (Qtr)
1 Philip Morris International 293.93 Bn 287.93 Bn 7.66 Bn -
2 British American Tobacco p.l.c 121.73 Bn 118.03 Bn - -
3 Altria 110.12 Bn 107.75 Bn 3.82 Bn 21.00 Mn
4 RLX Technology 2.20 Bn 1.46 Bn 52.74 Mn -33.52 Mn
5 Turning Point Brands 1.67 Bn 1.40 Bn 93.70 Mn 76.99 Mn
6 Universal 1.13 Bn 851.44 Mn 83.09 Mn 80.79 Mn
7 Ispire Technology 85.94 Mn 66.71 Mn 1.99 Mn 11.47 Mn
8 Rythm 49.34 Mn 7.43 Mn 18.54 Mn 16.60 Mn
9 Greenlane Holdings 11.38 Mn -13.12 Mn 32,000.00 3.63 Mn
10 22nd Century 785,909.20 -5.27 Mn -293,000.00 3.00 Mn

Historic Data

Download Data
DateValue
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