Village Farms International, Inc. (VFF) Financial Statements
Industry: Agricultural Production-Crops
In fiscal 2025, Village Farms International reported revenue of $215.9M, down 35.8% from $336.2M the year before. Net income was $32.4M (a 15.0% net margin), or $0.27 per diluted share. Gross margin was 40.6% and operating margin was 17.4%. Operating activities generated $58.1M of cash, leaving $39.9M of free cash flow. At fiscal year end, Village Farms International held $423.1M in total assets against $113.0M in total liabilities, including $81.2M of cash and equivalents.
Open the full interactive Village Farms International financials → Quarterly statements, key ratios, valuation history and price charts.
Village Farms International Key Stats
| Share Price | $2.64 |
|---|---|
| Market Cap | $329.3M |
| P/E Ratio | 9.8 |
| Revenue YoY Growth | -35.8% |
| 52-Week Range | $1.84 – $4.18 |
| Shares Outstanding | 116.2 million (basic, 2026 Q2) |
Village Farms International Income Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Revenue | $170.1M | $268.0M | $293.6M | $285.6M | $336.2M | $215.9M |
| Cost of Goods Sold | $159.1M | $222.8M | $266.1M | $236.2M | $288.8M | $128.3M |
| Gross Profit | $11.0M | $45.2M | $27.5M | $49.4M | $47.4M | $87.7M |
| Operating Income | -$15.0M | -$13.9M | -$53.8M | -$32.0M | -$12.5M | $37.5M |
| Pre-Tax Income | $8.8M | -$12.7M | -$96.7M | -$27.4M | -$37.3M | $31.4M |
| Income Tax | -$2.8M | -$3.5M | $4.7M | $4.5M | -$1.7M | $10.4M |
| Net Income | $11.6M | -$9.1M | -$101.1M | -$31.8M | -$35.9M | $32.4M |
| Diluted EPS | $0.19 | -$0.11 | -$1.13 | -$0.29 | -$0.32 | $0.27 |
Village Farms International Quarterly Results
| 2025 Q3 | 2025 Q4 | 2026 Q1 | 2026 Q2 | |
|---|---|---|---|---|
| Revenue | $66.7M | $12.2M | $50.2M | $64.0M |
| Net Income | $10.2M | $2.4M | $2.9M | $7.1M |
| Diluted EPS | $0.08 | $0.02 | $0.02 | $0.06 |
Village Farms International Balance Sheet
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash & Equivalents | $21.6M | $53.4M | $16.7M | $30.3M | $24.6M | $81.2M |
| Current Assets | $101.8M | $175.0M | $133.0M | $151.8M | $116.0M | $154.4M |
| Total Assets | $354.0M | $566.9M | $465.3M | $467.0M | $389.3M | $423.1M |
| Current Liabilities | $72.3M | $64.3M | $72.2M | $72.2M | $62.2M | $58.6M |
| Total Long-Term Debt | $64.1M | $61.8M | $53.5M | $48.1M | $40.6M | $33.7M |
| Total Liabilities | $148.7M | $142.1M | $145.3M | $148.0M | $125.3M | $113.0M |
| Shareholders' Equity | $205.3M | $408.4M | $303.1M | $302.6M | $254.0M | $299.9M |
Village Farms International Cash Flow Statement
| FY 2020 | FY 2021 | FY 2022 | FY 2023 | FY 2024 | FY 2025 | |
|---|---|---|---|---|---|---|
| Cash From Operations | $5.7M | -$39.6M | -$19.9M | $5.3M | $10.3M | $58.1M |
| Cash From Investing | -$51.2M | -$63.5M | -$20.9M | -$6.2M | -$10.2M | — |
| Cash From Financing | $58.6M | $135.9M | $4.5M | $14.1M | -$9.5M | — |
| Free Cash Flow | $2.3M | -$61.2M | -$34.2M | -$1.2M | $265,000 | $39.9M |
Figures from Village Farms International's 10-K and 10-Q filings with the SEC, as of 2026-10-14. Fiscal years follow the company's own reporting calendar. EPS and share counts are adjusted for later stock splits. See the full Village Farms International financials page for every line item.
Village Farms International Company Profile
| Ticker | VFF |
|---|---|
| Exchange | Nasdaq |
| Industry | Agricultural Production-Crops |
| Headquarters | Lake Mary, Florida |
| Fiscal Year End | December 31 |
| SEC Filer Category | Accelerated filer, smaller reporting company |
| SEC CIK | 0001584549 |
Frequently Asked Questions
What was Village Farms International's revenue in fiscal 2025?
Village Farms International (VFF) reported revenue of $215.9M for fiscal 2025.
What is Village Farms International's annual revenue history?
Village Farms International's annual revenue by fiscal year: 2020: $170.1M; 2021: $268.0M; 2022: $293.6M; 2023: $285.6M; 2024: $336.2M; 2025: $215.9M.
What was Village Farms International's net income in fiscal 2025?
Village Farms International reported net income of $32.4M for fiscal 2025.
What was Village Farms International's earnings per share (EPS) in fiscal 2025?
Village Farms International's diluted EPS was $0.27 for fiscal 2025 (adjusted for any later stock splits).
How much free cash flow did Village Farms International generate in fiscal 2025?
Village Farms International generated $39.9M of free cash flow in fiscal 2025.
What was Village Farms International's revenue last quarter?
In its most recent reported quarter (2026 Q2), Village Farms International reported revenue of $64.0M.
How much debt does Village Farms International have?
Village Farms International reported $33.7M of long-term debt, including the current portion, at the end of fiscal 2025.
How many shares of Village Farms International are outstanding?
Village Farms International reported a weighted average of 116.2 million basic shares outstanding in 2026 Q2.
What is Village Farms International's market cap?
Based on its latest closing price, Village Farms International (VFF) has a market capitalization of about $329.3M.
When does Village Farms International's fiscal year end?
Village Farms International's fiscal year end, as registered with the SEC, is December 31.
Where is Village Farms International headquartered?
Village Farms International lists its business address in Lake Mary, Florida in its SEC filings.