Aurora Cannabis (ACB) Gross Margin (2017 - 2026)
Aurora Cannabis' Gross Margin was 52.73% in the quarter ended Jun 30, 2026, up 7.47 percentage points from 45.26% a year earlier but down 25.63 percentage points from the prior quarter.
Aurora Cannabis (ACB) Gross Margin (2017 - 2026) Analysis & Trends
On a trailing twelve-month basis, Aurora Cannabis' Gross Margin was 49.76% through Jun 30, 2026, down 3.76 percentage points year-over-year; for the year ended Mar 31, 2026, it came in at 42.62%, down 20.01 percentage points from the prior year.
- Gross Margin shows a five-year change of +50.09 percentage points (years ended Mar 2021 to Mar 2026).
- In earlier years, Gross Margin was 62.63% in the year ended Mar 31, 2025 (+13.78 pp), 48.85% in the year ended Mar 31, 2024, 34.82% in the year ended Jun 30, 2023 (+26.38 pp) and 8.44% in the year ended Jun 30, 2022 (+15.91 pp).
- Quarterly Gross Margin has moved between -25.12% (the quarter ended Mar 31, 2022) and 84.96% (the quarter ended Dec 31, 2024) over five years.
- Compared with a year earlier, Gross Margin was higher in three of the last eight quarters, with an average year-over-year change of +0.36 percentage points.
- The best year-over-year quarter for Gross Margin over five years was the quarter ended Mar 31, 2022 (a gain of 97.29 percentage points); the worst was the quarter ended Mar 31, 2025 (a drop of 38.28 percentage points).
- Per Business Quant data, ACB's Gross Margin in the three quarters before the quarter ended Jun 30, 2026 was 78.36% (quarter ended Mar 31, 2026), 49.50% (quarter ended Dec 31, 2025) and 35.73% (quarter ended Sep 30, 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 62.51% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 49.96% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 35.41% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 44.96% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 40.30% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 65.55% |
| 10 | Aurora Cannabis | 241.10 Mn | -63.76 Mn | 25.75 Mn | 52.73% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 52.73% |
| Mar 31, 2026 | 78.36% |
| Dec 31, 2025 | 49.50% |
| Sep 30, 2025 | 35.73% |
| Jun 30, 2025 | 45.26% |
| 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% |
| Jun 30, 2023 | 34.82% |
| Dec 31, 2022 | -21.04% |
| Sep 30, 2022 | 1.87% |
| Jun 30, 2022 | 14.23% |
| Mar 31, 2022 | -25.12% |
| Dec 31, 2021 | 8.16% |
| Sep 30, 2021 | 36.63% |
| Jun 30, 2021 | 29.58% |
Aurora Cannabis Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=ACB&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ACB", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=ACB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();