C21 Investments (CXXIF) Gross Margin (2018 - 2026)
C21 Investments (CXXIF) posted quarterly Gross Margin of 43.51% for Q1 2026, down 125.0% year-over-year from 174.05% in Q1 2025, and up 13.86% quarter-over-quarter from 38.21% in Q4 2025.
C21 Investments (CXXIF) Gross Margin (2018 - 2026) Analysis & Trends
C21 Investments (CXXIF) has reported Gross Margin for 9 consecutive years, with 43.51% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 125.0% year-over-year to 43.51%; the TTM figure through Mar 2026 stood at 41.71% (up 2.0% YoY), while the FY2026 annual figure was 41.71%, up 2.0% from the prior year.
- Gross Margin improved to 43.51% in Q1 2026 per CXXIF's latest filing, from 38.21% in the prior quarter.
- Across five years, Gross Margin topped out at 54.17% in Q4 2022 and bottomed at 23.46% in Q1 2023.
- Historically, Gross Margin has averaged 42.44% across 5 years, with a median of 42.21% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 2837 bps — and 2024, when it jumped 1748 bps.
- C21 Investments' Gross Margin stood at 54.17% in 2022, then retreated by 27 bps to 39.76% in 2023, then grew by 16 bps to 45.97% in 2024, then decreased by 17 bps to 38.21% in 2025, then gained by 14 bps to 43.51% in 2026.
- Business Quant data shows CXXIF's Gross Margin at 43.51% in Q1 2026, 38.21% in Q4 2025, and 50.39% in Q3 2025.
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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 | 40.94% |
| Oct 31, 2023 | 39.76% |
| 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% |