Village Farms International (NASDAQ:VFF) Releases Quarterly Earnings Results, Misses Expectations By $0.04 EPS

Village Farms International (NASDAQ:VFF) released its earnings results on Thursday. The company reported $0.02 earnings per share for the quarter, missing analysts’ consensus estimates of $0.06 by ($0.04), Zacks reports. The firm had revenue of $49.62 million for the quarter, compared to analysts’ expectations of $60.32 million. Village Farms International had a net margin of 12.81% and a return on equity of 5.91%.

Here are the key takeaways from Village Farms International’s conference call:

• Record 2025 results — Village Farms reported net income from continuing operations of $21M ($0.19/share), adjusted EBITDA of $50M, cash flow from continuing operations of $58M and global cannabis sales up ~70% year-over-year, ending the year with about $86M cash (net cash position ~$53M).
• Capacity expansions on track — Canadian Delta Two expansion began planting March 2 (early contributions expected late Q2; ~15 MT incremental this year and +40 MT annual by mid‑2027) and Netherlands Phase Two (Groningen) is nearing completion to bring NL capacity to ~10 MT, supporting international growth.
• Q4 variability driven by temporary supply constraints — seasonal production declines, a BC labor strike (estimated ~$2.5M revenue impact) and delayed international shipments (some orders pushed to Q1) reduced Q4 sales and added near-term quarter-to-quarter volatility.
• Canadian income tax cash hit — the company paid roughly $16M in Canadian income taxes in 2025 after exhausting tax loss carryforwards, which will reduce cash flow in 2026 despite operational profitability.

Village Farms International Price Performance

NASDAQ:VFF opened at $2.87 on Friday. The business’s 50-day moving average is $3.37 and its 200 day moving average is $3.33. Village Farms International has a 12 month low of $0.45 and a 12 month high of $4.99. The company has a market capitalization of $331.54 million, a P/E ratio of 10.63 and a beta of 1.23. The company has a current ratio of 2.78, a quick ratio of 2.17 and a debt-to-equity ratio of 0.11.

Analyst Ratings Changes

A number of equities research analysts have issued reports on VFF shares. Zacks Research lowered Village Farms International from a “strong-buy” rating to a “hold” rating in a research note on Friday, January 9th. Wall Street Zen lowered Village Farms International from a “strong-buy” rating to a “buy” rating in a research note on Saturday, February 28th. Finally, Weiss Ratings reiterated a “hold (c)” rating on shares of Village Farms International in a research report on Tuesday, January 27th. Two equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to MarketBeat.com, the company has a consensus rating of “Moderate Buy”.

Institutional Trading of Village Farms International

A number of large investors have recently added to or reduced their stakes in the company. Tidal Investments LLC boosted its position in shares of Village Farms International by 3.3% during the 2nd quarter. Tidal Investments LLC now owns 2,778,410 shares of the company’s stock valued at $3,056,000 after acquiring an additional 87,726 shares during the last quarter. Two Sigma Investments LP increased its position in Village Farms International by 187.2% in the third quarter. Two Sigma Investments LP now owns 1,724,648 shares of the company’s stock worth $5,398,000 after purchasing an additional 1,124,085 shares during the last quarter. Millennium Management LLC increased its position in Village Farms International by 2,050.2% in the third quarter. Millennium Management LLC now owns 1,005,263 shares of the company’s stock worth $3,146,000 after purchasing an additional 958,511 shares during the last quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its stake in Village Farms International by 5.1% during the first quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 737,574 shares of the company’s stock valued at $446,000 after purchasing an additional 35,913 shares in the last quarter. Finally, Jane Street Group LLC lifted its position in Village Farms International by 8.9% during the second quarter. Jane Street Group LLC now owns 203,772 shares of the company’s stock valued at $224,000 after purchasing an additional 16,631 shares during the last quarter. Institutional investors own 12.15% of the company’s stock.

About Village Farms International

Village Farms International, Inc is a North American agricultural company specializing in greenhouse cultivation of fresh produce and cannabis. Through its wholly owned operations, the company grows a variety of high-quality vegetables, including tomatoes, cucumbers and sweet peppers, using controlled-environment agriculture techniques designed to maximize yield and sustainability. Village Farms leverages advanced climate and hydroponic systems to deliver consistent year-round supply to major grocery retailers across the United States and Canada.

In its produce segment, Village Farms operates large-scale greenhouse facilities in Texas and Canada.