Village Farms International, Inc. (VFF) quarterly income statement — complete revenue, gross profit & net income history
Village Farms International, Inc. (VFF) annual income statement — 22-year revenue, gross profit & net income history
| Metric | Q2'26 | Q1'26 | Q4'25 | Q3'25 | Q2'25 | Q1'25 | Q4'24 | Q3'24 | Q2'24 | Q1'24 | Q4'23 | Q3'23 | Q2'23 | Q1'23 | Q4'22 | Q3'22 | Q2'22 | Q1'22 | Q4'21 | Q3'21 |
|---|
| Sales/Revenue | 63.98M | 50.24M | 49.62M | 66.74M | 59.9M | 77.07M | 82.55M | 83.37M | 53.6M | 78.08M | 74.22M | 69.51M | 77.21M | 64.66M | 69.46M | 71.06M | 82.9M | 70.16M | 72.81M | 72.44M |
| Revenue Growth % | 6.81% | -34.82% | -39.9% | -19.94% | 11.76% | -1.28% | 11.22% | 19.94% | -30.58% | 20.76% | 6.86% | -2.18% | -6.86% | -7.84% | -4.6% | -1.91% | 17.8% | 33.9% | 53.72% | 68.32% |
| Cost of Goods Sold | 34M | 29.25M | 30.39M | 34.8M | 37.56M | 65.73M | 75.62M | 67.66M | 39.96M | 62.56M | 63.22M | 54.89M | 65.71M | 52.36M | 66.56M | 62.68M | 76.58M | 60.25M | 52.95M | 54.69M |
| COGS % of Revenue | 53.15% | 58.23% | 61.26% | 52.15% | 62.7% | 85.29% | 91.6% | 81.16% | 74.56% | 80.13% | 85.17% | 78.97% | 85.11% | 80.98% | 95.83% | 88.21% | 92.37% | 85.88% | 72.73% | 75.5% |
| Gross Profit | 29.97M | 20.99M | 19.22M | 31.94M | 22.34M | 11.34M | 6.93M | 15.71M | 13.64M | 15.51M | 11.01M | 14.62M | 11.5M | 12.3M | 2.9M | 8.37M | 6.32M | 9.9M | 19.86M | 17.75M |
| Gross Margin % | 46.85% | 41.77% | 38.74% | 47.85% | 37.3% | 14.71% | 8.4% | 18.84% | 25.44% | 19.87% | 14.83% | 21.03% | 14.89% | 19.02% | 4.17% | 11.79% | 7.63% | 14.12% | 27.27% | 24.5% |
| Gross Profit Growth % | 34.16% | 85.06% | 177.33% | 103.32% | 63.83% | -26.9% | -37.03% | 7.43% | 18.59% | 26.12% | 280.04% | 74.6% | 81.86% | 24.19% | -85.42% | -52.82% | 20.09% | 329.3% | 1796.66% | 215.87% |
| Operating Expenses | 18.81M | 15.94M | 14.66M | 15.6M | 15.41M | 16.78M | 18.45M | 16.54M | 17.06M | 16.39M | 15.52M | 15.82M | 16.75M | 17.41M | 18.02M | 17.79M | 18.52M | 17.93M | 17.96M | 14.95M |
| OpEx % of Revenue | 29.4% | 31.73% | 29.55% | 23.37% | 25.73% | 21.77% | 22.36% | 19.84% | 31.82% | 20.99% | 20.91% | 22.76% | 21.7% | 26.92% | 25.94% | 25.04% | 22.33% | 25.56% | 24.67% | 20.64% |
| Selling, General & Admin | 18.81M | 15.94M | 14.66M | 15.6M | 15.41M | 16.78M | 18.45M | 16.54M | 17.06M | 16.39M | 15.52M | 15.82M | 16.75M | 17.41M | 18.02M | 17.79M | 18.52M | 17.93M | 17.96M | 14.95M |
| SG&A % of Revenue | 29.4% | 31.73% | 29.55% | 23.37% | 25.73% | 21.77% | 22.36% | 19.84% | 31.82% | 20.99% | 20.91% | 22.76% | 21.7% | 26.92% | 25.94% | 25.04% | 22.33% | 25.56% | 24.67% | 20.64% |
| Research & Development | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| R&D % of Revenue | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |
| Other Operating Expenses | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Operating Income | 11.16M | 5.04M | 4.56M | 16.34M | 6.93M | -5.44M | -11.52M | -832K | -3.42M | -874K | -4.51M | -1.2M | -5.25M | -5.11M | -15.12M | -9.42M | -12.19M | -8.03M | 1.9M | 2.8M |
| Operating Margin % | 17.45% | 10.04% | 9.19% | 24.48% | 11.57% | -7.06% | -13.96% | -1% | -6.38% | -1.12% | -6.08% | -1.73% | -6.8% | -7.9% | -21.77% | -13.26% | -14.71% | -11.45% | 2.6% | 3.86% |
| Operating Income Growth % | 61.04% | 192.74% | 139.55% | 2063.82% | 302.72% | -522.31% | -155.24% | 30.72% | 34.93% | 82.88% | 70.15% | 87.25% | 56.91% | 36.43% | -898.1% | -436.79% | -115.92% | -3.19% | 118.62% | 1264.39% |
| EBITDA | 15.44M | 9.35M | 8.37M | 20.5M | 10.41M | -466K | -7.19M | 3.75M | 379K | 3.68M | -315K | 2.8M | -1.48M | -1.12M | -13.13M | -4.69M | -8.99M | -4.9M | 5.24M | 5.63M |
| EBITDA Margin % | 24.14% | 18.61% | 16.86% | 30.72% | 17.39% | -0.6% | -8.71% | 4.49% | 0.71% | 4.72% | -0.42% | 4.02% | -1.91% | -1.73% | -18.91% | -6.6% | -10.84% | -6.99% | 7.2% | 7.76% |
| EBITDA Growth % | 48.26% | 2105.79% | 216.29% | 447.28% | 2648.02% | -112.65% | -2183.49% | 33.98% | 125.66% | 429.22% | 97.6% | 159.6% | 83.57% | 77.18% | -350.59% | -183.4% | -299.87% | -7.57% | 166.9% | 226.28% |
| D&A (Non-Cash Add-back) | 4.28M | 4.3M | 3.81M | 4.16M | 3.48M | 4.97M | 4.33M | 4.58M | 3.8M | 4.56M | 4.2M | 4M | 3.78M | 3.99M | 1.99M | 4.73M | 3.2M | 3.13M | 3.35M | 2.83M |
| EBIT | 10.93M | 4.92M | 5.05M | 16.18M | 13.26M | -5.43M | -10.23M | 128K | -15.39M | -1.44M | -17.35M | -1.93M | 1.37M | -4.95M | -28.74M | -11.33M | -43.14M | -7.61M | 2.06M | 2.4M |
| Net Interest Income | -134K | 85K | 77K | -286K | -705K | -631K | -602K | -555K | -583K | -711K | -700K | -726K | -1.13M | -937K | -836K | -922K | -665K | -573K | -849K | -570K |
| Interest Income | 343K | 608K | 619K | 360K | 109K | 75K | 157K | 229K | 322K | 206K | 277K | 262K | 283K | 196K | 78K | 60K | 0 | 110K | 27K | 50K |
| Interest Expense | 477K | 523K | 542K | 646K | 814K | 706K | 759K | 784K | 905K | 917K | 977K | 988K | 1.41M | 1.13M | 914K | 982K | 665K | 683K | 876K | 620K |
| Other Income/Expense | -707K | -647K | -51K | -806K | 5.52M | -693K | 532K | 176K | -12.88M | -1.49M | -13.81M | -1.72M | 5.21M | -976K | -14.53M | -2.9M | -34.23M | -314K | -849K | -975K |
| Pretax Income | 10.46M | 4.4M | 4.51M | 15.53M | 12.45M | -6.13M | -10.99M | -656K | -16.3M | -2.36M | -18.33M | -2.92M | -42K | -6.08M | -29.65M | -12.31M | -46.42M | -8.35M | 1.05M | 1.82M |
| Pretax Margin % | 16.34% | 8.75% | 9.08% | 23.27% | 20.78% | -7.96% | -13.31% | -0.79% | -30.4% | -3.02% | -24.69% | -4.2% | -0.05% | -9.41% | -42.69% | -17.33% | -55.99% | -11.89% | 1.44% | 2.52% |
| Income Tax | 3.26M | 1.67M | 2.17M | 4.72M | 2.5M | 983K | -2.34M | 94K | 260K | 320K | 4.18M | -1.66M | 1.3M | 634K | 19.24M | -3.18M | -9.71M | -1.67M | -983K | 1.08M |
| Effective Tax Rate % | 31.2% | 37.93% | 48.1% | 30.37% | 20.11% | -16.03% | 21.25% | -14.33% | -1.6% | -13.57% | -22.82% | 57.04% | -3092.86% | -10.43% | -64.9% | 25.85% | 20.93% | 19.96% | -93.98% | 59.11% |
| Net Income | 7.14M | 2.92M | 2.43M | 10.22M | 26.5M | -6.7M | -8.63M | -820K | -23.55M | -2.85M | -22.48M | -1.3M | -1.38M | -6.64M | -49.33M | -8.74M | -36.55M | -6.52M | 2.08M | 745K |
| Net Margin % | 11.17% | 5.81% | 4.9% | 15.31% | 44.24% | -8.7% | -10.45% | -0.98% | -43.94% | -3.65% | -30.29% | -1.87% | -1.79% | -10.26% | -71.02% | -12.31% | -44.09% | -9.29% | 2.85% | 1.03% |
| Net Income Growth % | -73.03% | 143.52% | 128.16% | 1345.98% | 212.52% | -135.03% | 61.62% | 36.87% | -1606.45% | 57.02% | 54.42% | 85.15% | 96.22% | -1.83% | -2477.3% | -1273.83% | -709.28% | 11.72% | -70.43% | 43.27% |
| Net Income (Continuing) | 7.19M | 2.73M | 2.34M | 10.82M | 9.95M | -7.12M | -8.66M | -750K | -16.55M | -2.68M | -22.51M | -1.25M | -1.34M | -6.71M | -48.9M | -9.13M | -36.71M | -6.68M | 2.03M | 745K |
| Discontinued Operations | 0 | 0 | 102K | -276K | 1000K | 0 | 0 | 0 | -1000K | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 | 0 |
| Minority Interest | 0 | 9.82M | 10.16M | 10M | 9.86M | 9.62M | 9.95M | 10.61M | 10.88M | 16.2M | 16.32M | 15.85M | 16.89M | 16.85M | 16.93M | 16.5M | 16.12M | 16.27M | 16.43M | 0 |
| EPS (Diluted) | 0.06 | 0.02 | 0.02 | 0.08 | 0.24 | -0.06 | -0.08 | -0.01 | -0.21 | -0.03 | -0.20 | -0.01 | -0.01 | -0.06 | -0.54 | -0.10 | -0.41 | -0.08 | 0.03 | 0.01 |
| EPS Growth % | -75% | 137.1% | 125.25% | 947% | 214.29% | -139.38% | 60% | 15.25% | -1580% | 59.85% | 62.96% | 88.2% | 96.95% | 14% | -1900% | -1100% | -636.09% | 22.76% | -67.39% | 0% |
| EPS (Basic) | 0.06 | 0.03 | 0.02 | 0.09 | 0.24 | -0.06 | -0.08 | -0.01 | -0.21 | -0.03 | -0.20 | -0.01 | -0.01 | -0.06 | -0.54 | -0.10 | -0.41 | -0.08 | 0.03 | 0.01 |
| Diluted Shares Outstanding | 124.72M | 120.56M | 120.56M | 120.56M | 112.74M | 107.86M | 107.86M | 111.92M | 110.96M | 110.25M | 110.25M | 110.24M | 110.24M | 104.1M | 91.35M | 88.68M | 88.57M | 88.38M | 82.16M | 86.91M |
| Basic Shares Outstanding | 116.19M | 113.04M | 113.04M | 113.04M | 112.35M | 107.86M | 107.86M | 111.92M | 110.96M | 110.25M | 110.25M | 110.24M | 110.24M | 104.1M | 91.35M | 87.45M | 88.57M | 88.38M | 82.16M | 84.82M |
| Dividend Payout Ratio | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - | - |