22nd Century (XXII) Operating Expenses (2010 - 2026)
22nd Century's (XXII) quarterly Operating Expenses came in at $2.4 million in Q1 2026, up 22.54% year-on-year from $2.0 million in Q1 2025, and up 22.04% quarter-over-quarter from $2.0 million in Q4 2025.
22nd Century (XXII) Operating Expenses (2010 - 2026) Analysis & Trends
22nd Century has disclosed Operating Expenses across 17 years of filings, most recently posting $2.4 million for Q1 2026.
- Operating Expenses for Q1 2026 came in at $2.4 million, up 22.54% year-over-year; the trailing twelve-month figure through Mar 2026 was $8.9 million (down 13.08% YoY), and the FY2025 annual result was $8.4 million, down 27.02% from the prior year.
- Operating Expenses came in at $2.4 million for Q1 2026 at 22nd Century, up from $2.0 million in the prior quarter.
- In the past five years, Operating Expenses ranged from a high of $15.9 million in Q3 2022 to a low of -$228000.0 in Q4 2022.
- The 5-year median for Operating Expenses is $2.8 million (2024), against an average of $5.5 million.
- Across the five-year window, Operating Expenses sank 102.46% in 2022 and jumped 2908.33% in 2023, its largest moves.
- 22nd Century's Operating Expenses stood at -$228000.0 in 2022, then surged 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 climbed by 22.04% to $2.4 million in 2026.
- The last three Operating Expenses figures came in at $2.4 million (Q1 2026), $2.0 million (Q4 2025), and $2.2 million (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | - |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | - |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 55.81 Mn |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 72.37 Mn |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | -37.64 Mn |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 11.47 Mn |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 14.43 Mn |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | 5.79 Mn |
| 10 | 22nd Century | 2.50 Mn | -7.04 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 |