C21 Investments (CXXIF) Net Margin (2018 - 2026)
C21 Investments' Net Margin was -25.76% in fiscal Q1 2027 (quarter ended Jun 30, 2026), down 16.88 percentage points from -8.87% a year earlier but up 42.70 percentage points from the prior quarter.
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Analysis
C21 Investments (CXXIF) Net Margin (2018 - 2026) Analysis & Trends
For FY2026 (ended Mar 31, 2026), Net Margin at C21 Investments came in at -9.95%, up 3.23 percentage points from FY2025.
- Net Margin shows a five-year change of +13.45 percentage points (FY2021 to FY2026).
- In earlier fiscal years, Net Margin was -13.18% in FY2025, 11.69% in FY2024 (+10.67 pp), 1.01% in FY2023 (-29.17 pp) and 30.18% in FY2022 (+53.58 pp).
- Quarterly Net Margin has moved between -68.45% (fiscal Q4 2026) and 143.12% (fiscal Q4 2022) over five years.
- Compared with a year earlier, Net Margin has declined for three straight quarters, with an average year-over-year change of -12.47 percentage points over the last six quarters.
- The best year-over-year quarter for Net Margin over five years was fiscal Q4 2022 (a gain of 220.99 percentage points); the worst was fiscal Q4 2023 (a drop of 131.14 percentage points).
- Per Business Quant data, CXXIF's Net Margin in the three fiscal quarters before Q1 2027 was -68.45% (Q4 2026), -7.50% (Q3 2026) and -5.75% (Q2 2026).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 25.17% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 37.60% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 3.68% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 21.89% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | -149.83% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 1.59% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 45.45% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 2.52% |
| 10 | C21 Investments | 30.64 Mn | 20.57 Mn | 2.48 Mn | -25.76% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -25.76% |
| Mar 31, 2026 | -68.45% |
| Dec 31, 2025 | -7.50% |
| Sep 30, 2025 | -5.75% |
| Jun 30, 2025 | -8.87% |
| Mar 31, 2025 | -19.51% |
| Dec 31, 2024 | -1.66% |
| Sep 30, 2024 | -11.26% |
| Jun 30, 2024 | -21.41% |
| Mar 31, 2024 | 1.67% |
| Jan 31, 2024 | 3.73% |
| Oct 31, 2023 | -5.47% |
| Jul 31, 2023 | -5.81% |
| Apr 30, 2023 | 6.12% |
| Jan 31, 2023 | 11.98% |
| Oct 31, 2022 | 3.45% |
| Jul 31, 2022 | 25.88% |
| Apr 30, 2022 | 4.11% |
| Jan 31, 2022 | 143.12% |
| Oct 31, 2021 | 35.75% |
API Access
C21 Investments Net 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=net-margin&ticker=CXXIF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "CXXIF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=CXXIF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();