Village Farms International (Otc) (VFF)
NASDAQ:VFF
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Earnings Data
Report Date
Aug 12, 2026After Close (Confirmed)
Period Ending
2026 (Q2)Consensus EPS Forecast
0.02Last Year’s EPS
0.1Same Quarter Last Year
Moderate Buy
Based on 2 Analysts Ratings
Earnings Call Summary
Earnings Call Sentiment|Positive
The earnings call conveyed a largely positive operating and financial performance: robust revenue growth (+27% YoY), record international export sales (+171% YoY), strong adjusted EBITDA expansion (+118% YoY) and return to net income, supported by strategic EU‑GMP capacity and brand strength in Canada. Headwinds were primarily cash flow timing and one‑time tax payments, modest operational delays in the Netherlands awaiting certification, industry price normalization in some markets, and regulatory uncertainty around U.S. rescheduling. Management presented these challenges as manageable and temporary while emphasizing disciplined capital allocation and continued expansion, indicating confidence in sustainable profitable growth.Company Guidance
Revenue Growth
Consolidated net sales increased 27% year‑over‑year to $50.2 million, driven by strength in international medical exports and Canadian branded sales.
Strong Adjusted EBITDA Expansion
Consolidated adjusted EBITDA from continuing operations rose 118% year‑over‑year to $9.9 million, lifting adjusted EBITDA margin to 20% from 11.4% in the prior‑year quarter.
Return to Profitability
Consolidated net income from continuing operations was $2.7 million ($0.03 per share) versus a net loss of $2.1 million in Q1 last year, marking the fourth consecutive quarter of positive net income.
Record International Exports
International export sales nearly tripled year‑over‑year, increasing 171% to a record of nearly $15 million and growing 60% sequentially, with Germany a primary driver.
Improved Gross Margins
Cannabis gross margin rose to 43% from 39% a year ago, staying above the company's 30%–40% target range, supported by higher international export mix and Netherlands contribution.
Cannabis Segment Profitability
Cannabis segment adjusted EBITDA improved 48% to $10.2 million (20.5% margin) versus $6.9 million a year ago, reflecting favorable product mix and international sales.
Capacity and Facility Milestones
Completed major EU‑GMP production upgrades in British Columbia (company believes it now operates the world's largest EU‑GMP certified cannabis facility). Began planting at Delta 2 expansion (adds ~40 MT annual capacity at full ramp; ~15 MT incremental this year). Groningen Phase 2 construction completed; awaiting final certification to begin operations.
Market Share and Brand Momentum in Canada
Maintained a top‑5 overall share in Canada's adult‑use market and #1 share in dried flower. Pure Sunfarms achieved 15 consecutive months of flower market share gains; branded sales up ~5% year‑over‑year.
Balance Sheet and Capital Allocation
Ended Q1 with approximately $56 million cash (including $5 million restricted) and a stated net cash position of $20 million. Total debt $36 million. Completed share repurchases of over 2 million shares at $6.4 million in Q1 (Board‑approved buyback subsequently completed). Amended and extended Farm Credit Canada loan with improved rate and maturity to Feb 2031.
VFF Earnings History
The table shows recent earnings report dates and whether the forecast was beat or missed. See the change in forecast and EPS from the previous year.
Beat
Missed
VFF Earnings-Related Price Changes
Report Date | Price 1 Day Before | Price 1 Day After | Percentage Change |
|---|---|---|---|
May 11, 2026 | $2.57 | $2.64 | +2.72% |
Mar 12, 2026 | $3.51 | $3.05 | -13.11% |
Nov 10, 2025 | $2.96 | $3.46 | +16.89% |
Aug 11, 2025 | $1.72 | $2.31 | +34.30% |
Earnings announcements can affect a stock’s price. This table shows the stock's price the day before and the day after recent earnings reports, including the percentage change.
FAQ
When does Village Farms International (Otc) (VFF) report earnings?
Village Farms International (Otc) (VFF) is schdueled to report earning on Aug 12, 2026, After Close (Confirmed).
What is Village Farms International (Otc) (VFF) earnings time?
Village Farms International (Otc) (VFF) earnings time is at Aug 12, 2026, After Close (Confirmed).
Where can I see when companies are reporting earnings?
You can see which companies are reporting today on our designated earnings calendar.
What companies are reporting earnings today?
You can see a list of the companies which are reporting today on TipRanks earnings calendar.
What is VFF EPS forecast?
VFF EPS forecast for the fiscal quarter 2026 (Q2) is 0.02.