Charlotte's Web Holdings (CWBHF) Gross Margin (2021 - 2026)
Charlotte's Web Holdings' Gross Margin came in at 47.51% for Q2 2026, up 0.73 percentage points from 46.77% a year earlier and up 0.87 percentage points from the prior quarter.
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Analysis
Charlotte's Web Holdings (CWBHF) Gross Margin (2021 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Charlotte's Web Holdings reported Gross Margin of 42.36%, down 5.31 percentage points year-over-year; for FY2025, it was 43.49%, up 0.68 percentage points from FY2024.
- Gross Margin carries a five-year change of -11.42 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 42.81% in FY2024 (-13.51 pp), 56.32% in FY2023 (+30.13 pp), 26.18% in FY2022 (-24.38 pp) and 50.56% in FY2021 (-4.35 pp).
- The Q2 2026 figure represents the highest quarterly Gross Margin since Q1 2025.
- Year-over-year, Gross Margin increased in two of the last eight quarters, with an average year-over-year change of -2.30 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2023 (a gain of 111.57 percentage points), and the weakest in Q4 2022 (a drop of 72.96 percentage points).
- Business Quant data shows CWBHF's Gross Margin at 46.64% (Q1 2026), 37.54% (Q4 2025) and 38.92% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 62.51% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 49.96% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 35.41% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 44.96% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 40.30% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 65.55% |
| 10 | Charlotte's Web Holdings | 55.63 Mn | 18.60 Mn | 5.16 Mn | 47.51% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 47.51% |
| Mar 31, 2026 | 46.64% |
| Dec 31, 2025 | 37.54% |
| Sep 30, 2025 | 38.92% |
| Jun 30, 2025 | 46.77% |
| Mar 31, 2025 | 50.81% |
| Dec 31, 2024 | 40.21% |
| Sep 30, 2024 | 53.02% |
| Jun 30, 2024 | 21.01% |
| Mar 31, 2024 | 57.00% |
| Dec 31, 2023 | 55.55% |
| Sep 30, 2023 | 55.47% |
| Jun 30, 2023 | 55.72% |
| Mar 31, 2023 | 58.30% |
| Dec 31, 2022 | -56.02% |
| Sep 30, 2022 | 52.50% |
| Jun 30, 2022 | 49.38% |
| Mar 31, 2022 | 60.51% |
| Dec 31, 2021 | 16.94% |
| Sep 30, 2021 | 62.92% |
API Access
Charlotte's Web Holdings 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=CWBHF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CWBHF", "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=CWBHF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();