Aurora Cannabis (ACB) Gross Margin (2017 - 2026)
Aurora Cannabis (ACB) posted quarterly Gross Margin of 25.61% for Q1 2026, up 663.0% year-over-year from 3.36% in Q1 2025, and down 36.5% quarter-over-quarter from 40.33% in Q4 2025.
Aurora Cannabis (ACB) Gross Margin (2017 - 2026) Analysis & Trends
Aurora Cannabis (ACB) has reported Gross Margin for 10 consecutive years, with 25.61% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 663.0% year-over-year to 25.61%; the TTM figure through Mar 2026 stood at 32.48% (up 31412.0% YoY), while the FY2026 annual figure was 42.62%, down 2001.0% from the prior year.
- Gross Margin eased to 25.61% in Q1 2026 per ACB's latest filing, from 40.33% in the prior quarter.
- Across five years, Gross Margin topped out at 252.76% in Q2 2024 and bottomed at 1464.34% in Q3 2024.
- Historically, Gross Margin has averaged 142.36% across 5 years, with a median of 22.3% in 2026.
- Annual changes were most pronounced in 2024 — Gross Margin sank 107866 bps — and 2025, when it soared 150007 bps.
- Aurora Cannabis' Gross Margin stood at 8.02% in 2022, then surged by 584 bps to 38.81% in 2023, then surged by 119 bps to 84.96% in 2024, then sank by 53 bps to 40.33% in 2025, then slumped by 36 bps to 25.61% in 2026.
- Business Quant data shows ACB's Gross Margin at 25.61% in Q1 2026, 40.33% in Q4 2025, and 35.73% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.89 Bn | 42.93 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.01 Bn | 39.35 Bn | 2.15 Bn | 51.98% |
| 3 | Zoetis | 31.52 Bn | 29.84 Bn | 1.05 Bn | 42.63% |
| 4 | Takeda Pharmaceutical | 28.61 Bn | 22.81 Bn | 5.10 Bn | 66.66% |
| 5 | United Therapeutics | 22.17 Bn | 19.51 Bn | 683.80 Mn | 87.30% |
| 6 | Viatris | 18.73 Bn | 17.85 Bn | 1.46 Bn | 38.77% |
| 7 | Neurocrine Biosciences | 15.51 Bn | 15.12 Bn | 935.80 Mn | 97.58% |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | 58.33% |
| 9 | Dr Reddys Laboratories | 10.12 Bn | 9.96 Bn | - | - |
| 10 | Aurora Cannabis | 232.22 Mn | 159.91 Mn | 25.75 Mn | 52.73% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 25.61% |
| Dec 31, 2025 | 40.33% |
| Sep 30, 2025 | 35.73% |
| Jun 30, 2025 | 28.51% |
| Mar 31, 2025 | 18.98% |
| Dec 31, 2024 | 84.96% |
| Sep 30, 2024 | -1,464.34% |
| Jun 30, 2024 | 252.76% |
| Mar 31, 2024 | 68.72% |
| Dec 31, 2023 | 38.81% |
| Sep 30, 2023 | -385.68% |
| Jun 30, 2023 | -1,009.21% |
| Dec 31, 2022 | -8.02% |
| Sep 30, 2022 | 8.96% |
| Jun 30, 2022 | 14.23% |
| Mar 31, 2022 | -28.13% |
| Dec 31, 2021 | 9.21% |
| Sep 30, 2021 | 42.34% |
| Jun 30, 2021 | -10.56% |
| Mar 31, 2021 | -154.93% |