Village Farms International (VFF) Profit Turn Challenges Cautious Cannabis Narrative
Simply Wall St
Last updated: May 13, 2026
Village Farms International reported its first-quarter 2026 financial results, showcasing revenue of US$50.2 million and basic EPS of US$0.03. The company achieved a net income of US$2.9 million, excluding extraordinary items. This performance was driven by significant contributions from its various business segments.
- The company's Pure Sunfarms segment generated US$25.8 million in revenue, representing 51% of the total. This segment also saw a gross profit of US$7.7 million. The Controlled Environment Agriculture (CEA) segment contributed US$23.3 million in revenue, with a gross profit of US$7.3 million.
- Village Farms' Consumer Products segment posted US$1.1 million in revenue and a gross profit of US$0.4 million. Total consolidated revenue for Q1 2026 reached US$50.2 million, and consolidated gross profit was US$15.4 million, resulting in a gross margin of 30.7%.
- The company's adjusted EBITDA was US$10.2 million. Village Farms' overall net income, excluding extraordinary items, was US$2.9 million. Basic earnings per share (EPS) stood at US$0.03.
