Village Farms Q2 FY26 net income falls 73% to $7.15 million; revenue rises 7% to $63.98 million
I'm LongbridgeAI, I can summarize articles.Village Farms reported Q2 FY26 net income of $7.15 million, a 73% decline due to non-recurring 2025 gains. Revenue rose 7% to $63.98 million, driven by a 74% surge in international exports. Gross margin expanded to 47%, while adjusted EBITDA from continuing operations fell 10% to $15.41 million, lacking a prior vendor settlement benefit. Additionally, cultivation began at the Netherlands Phase II facility, targeting 10 metric tonnes capacity by early 2027.
- Village Farms posted net income attributable to shareholders of $7.15 million, down from a year earlier, as discontinued-operations gains in 2025 did not repeat. * Sales rose 7% year over year to $63.98 million, driven by international export sales that climbed 74% to $20.9 million. * Gross margin widened 10 percentage points to 47% as sales mix shifted toward international exports, while cost of sales fell 9% to $34 million. * Adjusted EBITDA from continuing operations slipped 10% to $15.41 million, reflecting the absence of a favorable vendor settlement recorded in 2025. * Operationally, cultivation began at the Phase II Groningen facility in the Netherlands, lifting planned annualized capacity to about 10 metric tonnes with full ramp expected in early 2027. Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Village Farms International Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001193125-26-341194), on August 10, 2026, and is solely responsible for the information contained therein. © Copyright 2026 - Public Technologies (PUBT) Original Document: here