22nd Century (XXII) Operating Expenses (2010 - 2026)
22nd Century's (XXII) quarterly Operating Expenses came in at $3.0 million in Q2 2026, up 27.79% year-over-year from $2.3 million in Q2 2025, and up 24.76% quarter-over-quarter from $2.4 million in Q1 2026.
Analysis
22nd Century (XXII) Operating Expenses (2010 - 2026) Analysis & Trends
22nd Century has disclosed Operating Expenses across 17 years of filings, most recently posting $3.0 million for Q2 2026.
- In Q2 2026, Operating Expenses rose 27.79% year-over-year to $3.0 million; the TTM figure through Jun 2026 stood at $9.5 million (down 4.15% YoY), while the FY2025 annual figure was $8.4 million, down 27.02% from the prior year.
- Operating Expenses came in at $3.0 million for Q2 2026 at 22nd Century, up from $2.4 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.
- Average Operating Expenses over 5 years is $5.4 million, with a median of $2.9 million recorded in 2024.
- Year-over-year, Operating Expenses plunged 102.46% in 2022 and surged 2908.33% in 2023.
- Over 5 years, Operating Expenses stood at -$228000.0 in 2022, then surged by 2908.33% to $6.4 million in 2023, then slumped by 55.66% to $2.8 million in 2024, then slumped by 30.64% to $2.0 million in 2025, then surged by 52.26% to $3.0 million in 2026.
- Per Business Quant data, the three most recent Operating Expenses figures were $3.0 million in Q2 2026, $2.4 million in Q1 2026, and $2.0 million in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Opex (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 295.94 Bn | 289.95 Bn | 7.66 Bn | - |
| 2 | British American Tobacco p.l.c | 126.98 Bn | 123.54 Bn | - | - |
| 3 | Altria | 114.81 Bn | 112.45 Bn | 3.82 Bn | 21.00 Mn |
| 4 | RLX Technology | 2.17 Bn | 1.46 Bn | 52.74 Mn | -33.52 Mn |
| 5 | Turning Point Brands | 1.43 Bn | 1.16 Bn | 93.70 Mn | 76.99 Mn |
| 6 | VPR Brands | 7.34 Mn | 5.00 Mn | 161,075.00 | 493,617.00 |
| 7 | 22nd Century | 427,897.86 | -5.63 Mn | -293,000.00 | 3.00 Mn |
| 8 | Cirtran | 197,816.68 | -168,530.32 | 619,024.00 | 458,396.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 3.00 Mn |
| 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 |