Aurora Cannabis (ACB) Gross Margin (2017 - 2025)

Aurora Cannabis (ACB) reported Gross Margin of 49.5% for Q4 2025, down 3547.0% year-over-year from 1.44% in Q4 2024, and up 38.51% quarter-over-quarter from 35.73% in Q3 2025.

Aurora Cannabis (ACB) Gross Margin (2017 - 2025) Analysis & Trends

Aurora Cannabis (ACB) has 9 years of Gross Margin data on file, last reported at 49.5% in Q4 2025.

  • Gross Margin for Q4 2025 came in at 49.5%, down 3547.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 36.05% (down 2829.0% YoY), and the FY2025 annual result was 54.65%, up 580.0% from the prior year.
  • Gross Margin improved to 49.5% in Q4 2025 per ACB's latest filing, from 35.73% in the prior quarter.
  • Over five years, Gross Margin peaked at 5667.71% in Q3 2021 and troughed at 122.41% in Q1 2021.
  • A 5-year average of 336.02% and a median of 33.09% in 2025 frame the typical range for Gross Margin.
  • The sharpest annual moves came in 2021 and 2022: Gross Margin jumped 564054 bps in 2021, then plunged 566584 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 8.07% in 2021, then plunged by 361 bps to 21.04% in 2022, then soared by 284 bps to 38.81% in 2023, then jumped by 119 bps to 84.96% in 2024, then plunged by 42 bps to 49.5% in 2025.
  • Business Quant data shows ACB's Gross Margin at 49.5% in Q4 2025, 35.73% in Q3 2025, and 28.51% in Q2 2025.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 49.52%
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 71.66%
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 82.93%
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 49.50%
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 98.31%
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 57.26%
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -293.83%
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 61.20%
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 65.25%
10 Liquidia 5.63 Bn 5.40 Bn 121.79 Mn 91.66%

Historic Data

Download Data
DateValue
Dec 31, 2025 49.50%
Sep 30, 2025 35.73%
Jun 30, 2025 28.51%
Mar 31, 2025 30.44%
Dec 31, 2024 84.96%
Sep 30, 2024 52.01%
Jun 30, 2024 51.44%
Mar 31, 2024 68.72%
Dec 31, 2023 38.81%
Sep 30, 2023 54.50%
Dec 31, 2022 -21.04%
Sep 30, 2022 1.87%
Jun 30, 2022 14.23%
Mar 31, 2022 -18.64%
Dec 31, 2021 8.07%
Sep 30, 2021 5,667.71%
Jun 30, 2021 23.96%
Mar 31, 2021 -122.41%
Dec 31, 2020 19.45%
Sep 30, 2020 27.16%