Village Farms Q1 net income $2.9M; international export sales up 171%, adj. EBITDA +118%

Village Farms International, Inc.

2026-Q1 EPS reported $0.02 revenue$50,238,000

Consolidated net sales up 27% to $50.2M; net income of $2.9M ($0.03 per share); fourth consecutive quarter of positive net income.
Cannabis adjusted EBITDA from continuing ops up 48% to $10.2M (20.5% of sales); gross margin expanded to 43% from 39%.
International medical export sales from Canada hit record $14.6M, up 171% YoY; Netherlands sales up 448%.
Company expects cash balance to grow from ops through year-end after $15M tax payments; $6.4M in share repurchases in Q1.
CFO Steve Ruffini to transition to new M&A role; loan with Farm Credit Canada amended with 50 bps rate cut, maturity extended to 2031.

item 2.02 item 9.01

Key facts

Extracted from this filing and checked against the source text.

Earnings Releases SEC 8-K Item 2.02 confidence 0.9

Village Farms International, Inc. reported the first quarter ended March 31, 2026 results: revenue $50.2 Million, net income $2.9 Million, EPS $0.03 Per Share.

Period: the first quarter ended March 31, 2026
Revenue: $50.2 Million
Net income: $2.9 Million
EPS: $0.03 Per Share
Result: reported results

Exact text from the filing

Position with World’s Largest EU-GMP Certified Cannabis Facility; International Export Sales Grew 171% as Demand Continues to Increase • Consolidated Net Sales Increased 27% to $50.2 Million with Net Income of $2.9 Million or $0.03 Per Share • Adjusted EBITDA from Continuing Operations Increased 118% to $9.9 Million or 20% of Sales • Netherlands and Canadian

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Village Farms International, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-26-215669

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