IM Cannabis (IMCC) Cost of Revenue (2020 - 2026)
IM Cannabis (IMCC) reported Cost of Revenue of $4.4 million for Q2 2026, down 34.3% from $6.69 million a year earlier and down 16.9% from the prior quarter.
IM Cannabis (IMCC) Cost of Revenue (2020 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, IM Cannabis' Cost of Revenue came in at $28.96 million, up 1.6% year-over-year; for FY2025, it was $32.24 million, down 3.2% from FY2024.
- Cost of Revenue has a five-year compound annual growth rate of 43.6% (FY2020 to FY2025).
- By year, Cost of Revenue came in at $33.29 million in FY2024 (+18.3%), $28.15 million in FY2023 (-15.0%), $33.11 million in FY2022 (+63.0%) and $20.31 million in FY2021 (+284.3%).
- The Q2 2026 figure ranks as the lowest quarterly Cost of Revenue since Q1 2021.
- Year over year, Cost of Revenue gained in four of the last eight quarters, with an average decline of 4.3%.
- The high point for year-over-year Cost of Revenue in five years was Q4 2021 (growth of 333.2%); the low point was Q2 2026 (a decline of 34.3%).
- Per Business Quant data, the three quarters before Q2 2026 came in at $5.29 million (Q1 2026), $11.19 million (Q4 2025) and $8.08 million (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Cost of Rev (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 292.24 Bn | 273.81 Bn | 7.66 Bn | 3.53 Bn |
| 2 | British American Tobacco p.l.c | 121.70 Bn | 100.85 Bn | - | - |
| 3 | Altria | 112.46 Bn | 98.66 Bn | 3.82 Bn | 1.54 Bn |
| 4 | Curaleaf Holdings | 2.67 Bn | 2.27 Bn | 169.91 Mn | 170.19 Mn |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 82.40 Mn |
| 6 | Trulieve Cannabis | 2.06 Bn | 674.09 Mn | 162.29 Mn | 108.66 Mn |
| 7 | Green Thumb Industries | 1.30 Bn | 155.26 Mn | 137.87 Mn | 168.81 Mn |
| 8 | Cronos | 1.19 Bn | -2.03 Bn | 28.45 Mn | 42.15 Mn |
| 9 | Turning Point Brands | 1.12 Bn | 246.72 Mn | 93.70 Mn | 49.26 Mn |
| 10 | IM Cannabis | 1.55 Mn | -3.23 Mn | 1.09 Mn | 4.40 Mn |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 4.40 Mn |
| Mar 31, 2026 | 5.29 Mn |
| Dec 31, 2025 | 11.19 Mn |
| Sep 30, 2025 | 8.08 Mn |
| Jun 30, 2025 | 6.69 Mn |
| Mar 31, 2025 | 6.31 Mn |
| Dec 31, 2024 | 7.63 Mn |
| Sep 30, 2024 | 7.87 Mn |
| Jun 30, 2024 | 10.17 Mn |
| Mar 31, 2024 | 7.62 Mn |
| Dec 31, 2023 | 7.04 Mn |
| Sep 30, 2023 | 7.18 Mn |
| Jun 30, 2023 | 7.05 Mn |
| Mar 31, 2023 | 6.87 Mn |
| Dec 31, 2022 | 8.60 Mn |
| Sep 30, 2022 | 8.70 Mn |
| Jun 30, 2022 | 7.93 Mn |
| Mar 31, 2022 | 7.83 Mn |
| Dec 31, 2021 | 7.01 Mn |
| Sep 30, 2021 | 4.77 Mn |
IM Cannabis Cost of Revenue 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=cost-of-revenue&ticker=IMCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "cost-of-revenue", "ticker": "IMCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=cost-of-revenue&ticker=IMCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();