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| Date | Value |
|---|---|
| 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% |