22nd Century (XXII) Payables (2010 - 2026)
22nd Century (XXII) recorded Payables of $695,000 in Q2 2026, down 75.9% from $2.89 million a year earlier and down 32.2% from the prior quarter.
Analysis
22nd Century (XXII) Payables (2010 - 2026) Analysis & Trends
At the end of FY2025, 22nd Century reported Payables of $1 million, down 58.4% from FY2024.
- Annual Payables has a five-year compound annual growth rate of -9.6% (FY2020 to FY2025).
- Across earlier years, Payables came in at $2.4 million in FY2024 (-46.0%), $4.45 million in FY2023 (+116.7%), $2.05 million in FY2022 (-25.9%) and $2.77 million in FY2021 (+67.3%).
- The Q2 2026 figure is the lowest quarterly Payables since Q3 2014.
- On a year-over-year basis, Payables has declined for nine consecutive quarters, with an average decline of 48.0% over the last eight quarters.
- Peak year-over-year performance for Payables in the last five years was growth of 204.4% in Q1 2023, against a decline of 75.9% in Q2 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at $1.03 million (Q1 2026), $1 million (Q4 2025) and $2.6 million (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Payables (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 9.57 Bn |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | 59.64 Bn |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 2.46 Bn |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 101.08 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 57.95 Mn |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 65.68 Mn |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 40.84 Mn |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 17.42 Mn |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 35.29 Mn |
| 10 | 22nd Century | 175,762.43 | -27.42 Mn | -293,000.00 | 695,000.00 |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 695,000.00 |
| Mar 31, 2026 | 1.03 Mn |
| Dec 31, 2025 | 1.00 Mn |
| Sep 30, 2025 | 2.60 Mn |
| Jun 30, 2025 | 2.89 Mn |
| Mar 31, 2025 | 3.09 Mn |
| Dec 31, 2024 | 2.40 Mn |
| Sep 30, 2024 | 3.10 Mn |
| Jun 30, 2024 | 3.89 Mn |
| Mar 31, 2024 | 5.05 Mn |
| Dec 31, 2023 | 4.45 Mn |
| Sep 30, 2023 | 7.01 Mn |
| Jun 30, 2023 | 6.45 Mn |
| Mar 31, 2023 | 4.60 Mn |
| Dec 31, 2022 | 2.05 Mn |
| Sep 30, 2022 | 5.79 Mn |
| Jun 30, 2022 | 4.52 Mn |
| Mar 31, 2022 | 1.51 Mn |
| Dec 31, 2021 | 2.77 Mn |
| Sep 30, 2021 | 3.23 Mn |
API Access
22nd Century Payables API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=payables&ticker=XXII&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "payables", "ticker": "XXII", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=payables&ticker=XXII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();