Village Farms Q2 2026: net income $7.1M, record cannabis revenue $53.5M, exports up 74%

Village Farms International, Inc.

2026-Q2 EPS reported $0.08 revenue$114,215,000

Consolidated net sales $64M, up 27% sequentially and 7% YoY; net income $7.1M ($0.06/share).
Cannabis segment net sales $53.5M (+5% YoY); gross margin 51% vs 42%; adjusted EBITDA $15.3M (28.5% of sales).
Record international export sales $20.9M, up 74% YoY and 43% sequentially; top-5 Canadian market share.
Closed Q2 with $73M cash; raised ~$15M gross via June 5 registered direct offering of 7.5M shares.
Delta 2 expansion on track for 40-tonne run rate by mid-2027; Netherlands Phase II ramping to full production early 2027.

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