Earnings ·
Village Farms International, Inc. reported financial results for the second quarter ended June 30, 2026, on August 10…
VFFVillage Farms International, Inc.
Village Farms International, Inc. reported financial results for the second quarter ended June 30, 2026, on August 10, 2026. Consolidated net sales increased 7% year-over-year to $64 million, driven by a 5% rise in cannabis segment sales to $53.5 million and record international export revenues of $20.9 million, which grew 74% year-over-year. The company reported net income of $7.1 million, or $0.06 per share, with operating cash flow of $8.9 million. Cannabis gross margin expanded to 51% from 42% in the prior year period, and adjusted EBITDA from continuing operations reached $15.3 million. The company closed the quarter with $73 million in cash. Village Farms International, Inc. operates as a global leader in cannabis cultivation, plant-based consumer packaged goods, and sustainable innovation.