C21 Investments (CXXIF) Gross Margin (2018 - 2026)

C21 Investments' (CXXIF) quarterly Gross Margin came in at 43.51% in Q1 2026, down 125.0% year-on-year from 174.05% in Q1 2025, and up 13.86% on a QoQ basis from 38.21% in Q4 2025.

C21 Investments (CXXIF) Gross Margin (2018 - 2026) Analysis & Trends

C21 Investments (CXXIF) has 9 years of Gross Margin data on file, last reported at 43.51% in Q1 2026.

  • On a quarterly basis, Gross Margin fell 125.0% year-over-year to 43.51% in Q1 2026; TTM through Mar 2026 was 41.71%, a 2.0% increase from a year earlier, with the FY2026 full-year figure at 41.71%, up 2.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 43.51%, up from 38.21% in the prior quarter.
  • Over the last five years, Gross Margin for CXXIF reached as high as 54.17% in Q4 2022 and fell as low as 23.46% in Q1 2023.
  • Historically, Gross Margin has averaged 42.44% across 5 years, with a median of 42.21% in 2024.
  • Across the five-year window, Gross Margin slumped 2837 bps in 2023 and surged 1748 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 54.17% in 2022, then slipped by 27 bps to 39.76% in 2023, then rose by 16 bps to 45.97% in 2024, then dropped by 17 bps to 38.21% in 2025, then climbed 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
DateValue
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%