C21 Investments (CWLXF) Gross Margin (2018 - 2026)
C21 Investments (CWLXF) reported Gross Margin of 43.51% for Q1 2026, down 125.0% on a YoY basis from 174.05% in Q1 2025, and up 13.86% sequentially from 38.21% in Q4 2025.
C21 Investments (CWLXF) Gross Margin (2018 - 2026) Analysis & Trends
C21 Investments (CWLXF) has 9 years of Gross Margin data on file, last reported at 43.51% in Q1 2026.
- Quarterly Gross Margin fell 125.0% year-over-year to 43.51% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 41.71% (up 2.0% YoY) and the FY2026 annual result came in at 41.71%, up 2.0% from the prior year.
- Gross Margin came in at 43.51% for Q1 2026 at C21 Investments, up from 38.21% in the prior quarter.
- The five-year high for Gross Margin was 54.17% in Q4 2022, with the low at 23.46% in Q1 2023.
- Median Gross Margin over the past 5 years was 43.47% (2024), compared with a mean of 42.6%.
- The sharpest annual moves came in 2023 and 2024: Gross Margin tumbled 2837 bps in 2023, then soared 2001 bps in 2024.
- C21 Investments' Gross Margin stood at 54.17% in 2022, then slipped by 26 bps to 40.0% in 2023, then gained by 15 bps to 45.97% in 2024, then declined by 17 bps to 38.21% in 2025, then grew by 14 bps to 43.51% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 43.51% in Q1 2026, 38.21% in Q4 2025, and 50.39% in Q3 2025.
Peer Comparison
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 43.51% |
| Dec 31, 2025 | 38.21% |
| Sep 30, 2025 | 50.39% |
| Jun 30, 2025 | 34.89% |
| Mar 31, 2025 | 44.77% |
| Dec 31, 2024 | 45.97% |
| Sep 30, 2024 | 43.48% |
| Jun 30, 2024 | 30.79% |
| Mar 31, 2024 | 39.78% |
| Jan 31, 2024 | 43.46% |
| Oct 31, 2023 | 40.00% |
| Jul 31, 2023 | 39.53% |
| Apr 30, 2023 | 35.36% |
| Jan 31, 2023 | 23.46% |
| Oct 31, 2022 | 54.17% |
| Jul 31, 2022 | 53.78% |
| Apr 30, 2022 | 53.36% |
| Jan 31, 2022 | 51.83% |
| Oct 31, 2021 | 56.09% |
| Jul 31, 2021 | 59.41% |