Blum Holdings (BLMH) Net Margin (2023 - 2025)
Blum Holdings' Net Margin came in at -52.80% for Q3 2025, up 23.83 percentage points from -76.63% a year earlier and up 1.46 percentage points from the prior quarter.
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Analysis
Blum Holdings (BLMH) Net Margin (2023 - 2025) Analysis & Trends
Over the trailing twelve months to Sep 30, 2025, Blum Holdings reported Net Margin of 84.53%, up 5.17 percentage points year-over-year; for FY2024, it was 254.80%, up 436.98 percentage points from FY2023.
- Going back by year, Net Margin was -182.18% in FY2023 (+181.04 pp) and -363.22% in FY2022.
- The five-year range for quarterly Net Margin is -384.76% (Q4 2023) to 628.27% (Q2 2024).
- Year-over-year, Net Margin increased in five of the last seven quarters, with an average year-over-year change of +164.09 percentage points.
- Business Quant data shows BLMH's Net Margin at -54.26% (Q2 2025), -25.18% (Q1 2025) and 540.53% (Q4 2024) in the three quarters before Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 25.17% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 37.60% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 3.68% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 21.89% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -149.83% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 1.59% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 45.45% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 2.52% |
| 10 | Blum Holdings | 2.98 Mn | 751,764.04 | 2.32 Mn | -52.80% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | -52.80% |
| Jun 30, 2025 | -54.26% |
| Mar 31, 2025 | -25.18% |
| Dec 31, 2024 | 540.53% |
| Sep 30, 2024 | -76.63% |
| Jun 30, 2024 | 628.27% |
| Mar 31, 2024 | -171.98% |
| Dec 31, 2023 | -384.76% |
| Sep 30, 2023 | -217.04% |
| Jun 30, 2023 | -143.27% |
| Mar 31, 2023 | 4.76% |
API Access
Blum Holdings Net 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=net-margin&ticker=BLMH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "BLMH", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=BLMH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();