Curaleaf Holdings (CURLF) Gross Margin (2019 - 2026)

Curaleaf Holdings (CURLF) recorded quarterly Gross Margin of 48.51% in Q1 2026, little changed quarter-over-quarter from 48.58% in Q4 2025, and down 222.0% on a YoY basis from 39.76% in Q1 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 49.19% (up 39.0% YoY), while the FY2025 annual figure was 49.76%, up 174.0% from the prior year.
  • Gross Margin was 48.51% for Q1 2026 at Curaleaf Holdings, roughly flat from 48.58% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 57.42% in Q1 2022 to a low of 22.23% in Q4 2022.
  • Historically, Gross Margin has averaged 47.43% across 5 years, with a median of 48.54% in 2024.
  • The sharpest annual moves came in 2022 and 2023: Gross Margin slumped 2540 bps in 2022, then jumped 2301 bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 22.23% in 2022, then surged by 103 bps to 45.24% in 2023, then grew by 9 bps to 49.26% in 2024, then declined by 1 bps to 48.58% in 2025, then fell by 0 bps to 48.51% in 2026.
  • The last three Gross Margin figures came in at 48.51% (Q1 2026), 48.58% (Q4 2025), and 49.88% (Q3 2025), per Business Quant data.

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 Curaleaf Holdings - - 157.29 Mn 48.51%

Historic Data

Download Data
DateValue
Mar 31, 2026 48.51%
Dec 31, 2025 48.58%
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%
Mar 31, 2022 57.42%
Dec 31, 2021 47.63%
Sep 30, 2021 57.73%
Jun 30, 2021 59.11%
Mar 31, 2021 54.18%