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| 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 |