Curaleaf Holdings (CURLF) Gross Margin (2019 - 2026)
Curaleaf Holdings (CURLF) posted quarterly Gross Margin of 48.51% for Q1 2026, down 222.0% year-over-year from 39.76% in Q1 2025, and down 4.09% quarter-over-quarter from 50.58% in Q4 2025.
Curaleaf Holdings (CURLF) Gross Margin (2019 - 2026) Analysis & Trends
Curaleaf Holdings' Gross Margin history runs 8 years deep, the most recent figure standing at 48.51% for Q1 2026.
- In Q1 2026, Gross Margin fell 222.0% year-over-year to 48.51%; the TTM figure through Mar 2026 stood at 49.37% (up 57.0% YoY), while the FY2025 annual figure was 49.76%, up 174.0% from the prior year.
- Gross Margin for Q1 2026 stood at 48.51%, down from 50.58% in the prior quarter.
- The five-year high for Gross Margin was 54.95% in Q2 2022, with the low at 22.23% in Q4 2022.
- The 5-year median for Gross Margin is 48.51% (2026), against an average of 46.9%.
- The sharpest annual moves came in 2022 and 2023: Gross Margin sank 2540 bps in 2022, then soared 2301 bps in 2023.
- Curaleaf Holdings' Gross Margin stood at 22.23% in 2022, then jumped by 103 bps to 45.24% in 2023, then climbed by 9 bps to 49.26% in 2024, then climbed by 3 bps to 50.58% in 2025, then dropped by 4 bps to 48.51% in 2026.
- Business Quant data shows CURLF's Gross Margin at 48.51% in Q1 2026, 50.58% in Q4 2025, and 49.88% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.83 Bn | 42.86 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 42.87 Bn | 39.22 Bn | 2.15 Bn | 51.98% |
| 3 | Zoetis | 31.41 Bn | 29.73 Bn | 1.05 Bn | 42.63% |
| 4 | Takeda Pharmaceutical | 28.55 Bn | 22.75 Bn | 5.10 Bn | 66.66% |
| 5 | United Therapeutics | 22.08 Bn | 19.42 Bn | 683.80 Mn | 87.30% |
| 6 | Viatris | 18.73 Bn | 17.84 Bn | 1.46 Bn | 38.77% |
| 7 | Neurocrine Biosciences | 15.44 Bn | 15.05 Bn | 935.80 Mn | 97.58% |
| 8 | Elanco Animal Health | 11.75 Bn | 11.22 Bn | 798.00 Mn | 58.33% |
| 9 | Dr Reddys Laboratories | 10.11 Bn | 9.94 Bn | - | - |
| 10 | Curaleaf Holdings | 2.51 Bn | 2.42 Bn | 169.91 Mn | 49.96% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 49.96% |
| Mar 31, 2026 | 48.51% |
| Dec 31, 2025 | 50.58% |
| Sep 30, 2025 | 49.88% |
| Jun 30, 2025 | 48.50% |
| Mar 31, 2025 | 50.74% |
| Dec 31, 2024 | 49.26% |
| Sep 30, 2024 | 48.56% |
| Jun 30, 2024 | 46.88% |
| Mar 31, 2024 | 47.47% |
| Dec 31, 2023 | 45.24% |
| Sep 30, 2023 | 45.04% |
| Jun 30, 2023 | 44.04% |
| Dec 31, 2022 | 22.23% |
| Sep 30, 2022 | 51.66% |
| Jun 30, 2022 | 54.95% |
| Dec 31, 2021 | 47.63% |
| Sep 30, 2021 | 57.72% |
| Jun 30, 2021 | 59.11% |
| Dec 31, 2020 | 54.72% |