Latest Quarter
Q1 FY2026ended 2026-03-31 · filed 2026-05-11
$50.24M
$2.92M
$5.04M
$0.02
$50.47M
$400.88M
$295.37M
$35.75M
What this quarter tells us
Village Farms swung to a profitable Q1 FY2026 with revenue up 26.6% YoY to $50.2M and net income of $2.9M versus a -$6.7M loss a year ago. The balance sheet shows $50.5M cash against $35.7M debt and $295.4M equity, but a June 2026 registered direct offering of 7.5M shares for $15M signals dilution.
- •Revenue grew 26.6% YoY to $50.2M, though the prior-year quarter was weak at $39.7M.
- •Net income turned positive at $2.9M ($0.02 diluted EPS) vs. -$6.7M (-$0.06) a year ago; operating income swung from -$440K to +$5.0M.
- •Cash of $50.5M exceeds long-term debt of $35.7M, and equity stands at $295.4M, indicating a solid balance sheet.
- •A June 2026 registered direct offering of 7.5M shares raised $15M, adding dilution risk; one dilution event in the past 12 months.
Informational summary based on SEC XBRL figures · generated by AI agent. Not investment advice.

