Aurora Cannabis (ACB) Gross Margin (2017 - 2026)

Aurora Cannabis (ACB) posted quarterly Gross Margin of 25.61% for Q1 2026, up 663.0% year-on-year from 3.36% in Q1 2025, and down 36.5% on a QoQ basis 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.

  • Quarterly Gross Margin rose 663.0% year-over-year to 25.61% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 32.48% (up 31412.0% YoY) and the FY2026 annual result came in at 42.62%, down 2001.0% from the prior year.
  • Gross Margin retreated to 25.61% in Q1 2026 per ACB's latest filing, from 40.33% in the prior quarter.
  • Over the last five years, Gross Margin for ACB reached as high as 252.76% in Q2 2024 and fell as low as 1464.34% in Q3 2024.
  • A 5-year average of 142.36% and a median of 22.3% in 2026 frame the typical range for Gross Margin.
  • Annual changes were most pronounced in 2024 — Gross Margin sank 107866 bps — and 2025, when it surged 150007 bps.
  • Year by year, 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 slumped by 53 bps to 40.33% in 2025, then tumbled by 36 bps to 25.61% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 25.61%, 40.33%, and 35.73% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Haleon 87.22 Bn 85.35 Bn - -
2 Teva Pharmaceutical Industries 39.60 Bn 35.87 Bn 1.97 Bn 49.52%
3 Zoetis 31.46 Bn 29.52 Bn 1.62 Bn 71.66%
4 Takeda Pharmaceutical 26.49 Bn 22.44 Bn 4.39 Bn 62.93%
5 United Therapeutics 23.03 Bn 20.88 Bn 648.10 Mn 82.93%
6 Universe Pharmaceuticals 23.03 Bn -10.56 Bn - -
7 Viatris 20.90 Bn 19.09 Bn 1.16 Bn 32.97%
8 Neurocrine Biosciences 17.50 Bn 16.19 Bn 800.70 Mn 98.31%
9 Elanco Animal Health 12.33 Bn 11.91 Bn 785.00 Mn 57.26%
10 Aurora Cannabis 1.11 Bn 1.03 Bn 21.72 Mn 25.61%

Historic Data

Download Data
DateValue
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%