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Village Farms International, Inc.

VFF · Nasdaq

$2.91

+0.52% (24h)

Last updated: 1 second ago

Market Cap

$355.85M

Volume (24h)

333.43K

Last Close (7D)

$2.91

View on TradingView
Earnings Nov 9 · in 66d

Latest Quarter

Q1 FY2026ended 2026-03-31 · filed 2026-05-11

View 10-Q on SEC
Revenue

$50.24M

+26.61% YoY
Net Income

$2.92M

+143.52% YoY
Operating Income

$5.04M

+1246.36% YoY
EPS (Diluted)

$0.02

+133.33% YoY
Cash

$50.47M

Total Assets

$400.88M

Equity

$295.37M

Long-term Debt

$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.

Earnings reports (12m): 4Dilution / offering filings (12m): 1Source: SEC EDGAR XBRL

Company Profile

Exchange
Nasdaq
Sector
Consumer Defensive
Industry
Farm Products
Employees
1,128
Website
www.villagefarms.com
Country
🇺🇸 United States

A veteran greenhouse operator that pivoted into cannabis, Village Farms leverages decades of commercial growing expertise to produce low-cost, high-quality cannabis from its massive BC facility.

  • 🍅 One of North America's largest greenhouse growers — cannabis is an extension of proven expertise, not a pivot from scratch
  • 💲 Delta BC campus scale drives ultra-competitive production economics vs. purpose-built cannabis facilities
  • 🌱 Pure Sunfarms JV is consistently one of the most profitable operations in all of Canadian cannabis

Key Stats

52-Week Range
$1.81$4.99
Beta1.38
Trailing P/E16.17
Forward P/E12.65
Trailing EPS0.18
Avg Volume

Earnings & Analyst

Next Earnings2026-11-09
EPS EstimateN/A
Target Mean Price$5.83
RecommendationNone
Recommendation MeanN/A

Recent SEC Filings

All filings
  • Regulation FD disclosure

    On July 22, 2026, Village Farms International, Inc. (the company ) issued a press release (the Press Release ) announcing that it will release its 2026 second quarter financial results on August 10, 2026.

    8-K · 7.01,9.01

    2026-07-22

    SEC

  • Material agreement

    On June 5, 2026, Village Farms International, Inc.

    8-K · 1.01,9.01

    2026-06-08

    SEC

  • Prospectus supplement

    Prospectus supplement related to up to $50,000 offering.

Frequently Asked Questions

What does Village Farms International (VFF) do?

Village Farms International is a Canadian licensed cannabis producer (LP) that leverages decades of commercial greenhouse expertise to grow cannabis. The company is one of North America's largest greenhouse growers, and its cannabis operations are an extension of its proven agricultural background rather than a pivot from scratch. Village Farms produces low-cost, high-quality cannabis from its massive Delta, British Columbia facility. Its primary cannabis brand is Pure Sunfarms, which operates as a joint venture and is consistently one of the most profitable operations in Canadian cannabis. The company's scale and experience in greenhouse cultivation give it ultra-competitive production economics compared to purpose-built cannabis facilities.

What is Village Farms' business model?

Village Farms International operates as a vertically integrated cannabis producer with a focus on wholesale and retail sales. The company grows cannabis in its large-scale greenhouse facilities, primarily in British Columbia, and sells dried flower and other cannabis products under the Pure Sunfarms brand. Its business model is built on leveraging its expertise as a veteran greenhouse operator to achieve low production costs and high-quality output. The Pure Sunfarms joint venture is a key component of its cannabis strategy, consistently generating strong profitability. Village Farms also continues its legacy produce business, but its cannabis segment is the primary growth driver. The company's scale allows it to compete effectively on price and quality in the Canadian market.

Where does Village Farms operate?

Village Farms International is based in Canada and operates its primary cannabis cultivation facility in Delta, British Columbia. This massive campus is central to its cannabis production and is designed for ultra-competitive economics. The company's cannabis products are sold in the Canadian market through provincial wholesalers and retailers. While Village Farms has a legacy greenhouse produce business that serves North America, its cannabis operations are focused on Canada. The company does not currently have international cannabis operations based on the available data. Its Delta facility is one of the largest greenhouse complexes in North America, giving it significant scale advantages in the Canadian cannabis industry.

What is Village Farms' role in the cannabis sector?

Village Farms International is categorized as a Canadian licensed cannabis producer (LP), meaning it is authorized by Health Canada to cultivate, process, and sell cannabis. As an LP, it operates within the regulated Canadian market, competing with other producers for market share. Unlike multi-state operators (MSOs) in the U.S., Village Farms is focused on Canada. Its unique differentiator is its background as a veteran greenhouse operator—one of North America's largest—which gives it deep expertise in commercial growing. This allows Village Farms to produce cannabis at lower costs than many purpose-built facilities. The Pure Sunfarms joint venture is a standout in the sector for its consistent profitability, making Village Farms a notable player among Canadian LPs.

What are Village Farms' notable brands or facilities?

Village Farms' most notable cannabis brand is Pure Sunfarms, which operates as a joint venture and is recognized as one of the most profitable operations in Canadian cannabis. The company's key facility is its massive greenhouse campus in Delta, British Columbia, which is one of the largest in North America. This facility leverages decades of commercial greenhouse expertise to produce low-cost, high-quality cannabis. The scale of the Delta campus drives ultra-competitive production economics, giving Village Farms an edge over smaller, purpose-built cannabis facilities. Pure Sunfarms products include dried flower and other cannabis formats sold across Canada. The company's heritage as a top greenhouse grower for produce is a key differentiator in the cannabis space.

Latest News

  • SeekingAlpha · Aug 11, 2026

    Village Farms Is Undervalued As International Cannabis Revenue Hits Record Levels

  • SeekingAlpha · Aug 10, 2026

    Village Farms International, Inc. (VFF) Q2 2026 Earnings Call Transcript

  • Benzinga · Aug 10, 2026

    Village Farms Intl Q2 EPS $0.06 Beats $0.02 Estimate, Sales $63.977M Beat $56.384M Estimate

1.06M
Enterprise Value$333.72M
Shares Outstanding122.29M

424B5

2026-06-05

SEC

  • Regulation FD disclosure

    On June 5, 2026, the company issued a press release announcing that it has priced a registered direct offering of 7,500,000 common shares for aggregate gross proceeds of $15 million.

    8-K · 7.01,9.01

    2026-06-05

    SEC

  • Shareholder vote

    On June 2, 2026, Village Farms International, Inc. (the company or Village Farms ) held its Annual Meeting of Shareholders.

    8-K · 5.07,7.01,9.01

    2026-06-02

    SEC

  • Earnings results

    On May 11, 2026, Village Farms International, Inc. (the company or Village Farms ) issued a press release announcing its financial results for the first quarter ended March 31, 2026.

    8-K · 2.02,9.01

    2026-05-11

    SEC

  • Quarterly report

    Filed quarterly report for period ended 2026-03-31 (10-Q).

    10-Q

    2026-05-11

    SEC

  • Proxy statement

    Proxy statement filed on 2026-04-29 (DEF 14A).

    DEF 14A

    2026-04-29

    SEC

  • Regulation FD disclosure

    On April 29, 2026, Village Farms International, Inc. (the company ) issued a press release (the Press Release ) announcing that it will release its 2026 first quarter financial results on May 11, 2026.

    8-K · 7.01,9.01

    2026-04-29

    SEC

  • Officer / director change

    On April 3, 2026, the company issued a press release announcing the succession plan for the Chief Financial Officer. A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

    8-K · 5.02,7.01,9.01

    2026-04-03

    SEC