Greenlane Holdings (GNLN) Gross Margin (2018 - 2026)
Greenlane Holdings (GNLN) posted Gross Margin of 48.44% for Q1 2026, up 108.15% sequentially from 594.05% in Q4 2025, and down 64.0% YoY from 134.55% in Q1 2025.
Greenlane Holdings (GNLN) Gross Margin (2018 - 2026) Analysis & Trends
Greenlane Holdings has reported Gross Margin for 9 years, with the latest figure at 48.44% in Q1 2026.
- Quarterly Gross Margin fell 64.0% year-over-year to 48.44% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 388.99% (down 44492.0% YoY) and the FY2025 annual result came in at 286.22%, down 33354.0% from the prior year.
- Gross Margin grew to 48.44% in Q1 2026 per GNLN's latest filing, from 594.05% in the prior quarter.
- Over five years, Gross Margin peaked at 74.96% in Q3 2024 and troughed at 692.4% in Q3 2025.
- A 5-year average of 47.31% and a median of 26.52% in 2023 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin soared 4845 bps in 2024, then tumbled 76736 bps in 2025.
- Over 5 years, Gross Margin stood at 27.09% in 2022, then surged by 70 bps to 46.09% in 2023, then decreased by 4 bps to 44.12% in 2024, then sank by 1446 bps to 594.05% in 2025, then surged by 108 bps to 48.44% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 48.44%, 594.05%, and 692.4% for Q1 2026, Q4 2025, and Q3 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 62.51% |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 35.41% |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 65.55% |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 15.86% |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 80.52% |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | 39.02% |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | 22.89% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 48.44% |
| Dec 31, 2025 | -594.05% |
| Sep 30, 2025 | -692.40% |
| Jun 30, 2025 | 0.25% |
| Mar 31, 2025 | 49.08% |
| Dec 31, 2024 | 44.12% |
| Sep 30, 2024 | 74.96% |
| Jun 30, 2024 | 38.12% |
| Mar 31, 2024 | 30.69% |
| Dec 31, 2023 | 46.09% |
| Sep 30, 2023 | 26.52% |
| Jun 30, 2023 | 23.31% |
| Mar 31, 2023 | 23.04% |
| Dec 31, 2022 | 27.09% |
| Sep 30, 2022 | 17.33% |
| Jun 30, 2022 | 20.29% |
| Mar 31, 2022 | 12.83% |
| Dec 31, 2021 | 26.34% |
| Sep 30, 2021 | 3.60% |
| Jun 30, 2021 | 26.08% |