IM Cannabis (IMCC) EBITDA Margin (2020 - 2026)
IM Cannabis (IMCC) recorded EBITDA Margin of -21.41% in Q2 2026, down 21.80 percentage points from 0.39% a year earlier and down 6.84 percentage points from the prior quarter.
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Analysis
IM Cannabis (IMCC) EBITDA Margin (2020 - 2026) Analysis & Trends
On a TTM basis, IM Cannabis' EBITDA Margin came in at -29.25% as of Jun 30, 2026, down 28.62 percentage points year-over-year; for FY2025, it was -18.18%, down 2.63 percentage points from FY2024.
- Annual EBITDA Margin has a five-year change of +27.72 percentage points (FY2020 to FY2025).
- Across earlier years, EBITDA Margin came in at -15.55% in FY2024 (+5.74 pp), -21.29% in FY2023 (+25.47 pp), -46.75% in FY2022 (+8.62 pp) and -55.37% in FY2021 (-9.47 pp).
- Quarterly EBITDA Margin has ranged from -344.72% in Q4 2022 to 81.02% in Q1 2022 over the past five years.
- On a year-over-year basis, EBITDA Margin has declined for four consecutive quarters, with an average year-over-year change of +14.32 percentage points over the last eight quarters.
- Peak year-over-year performance for EBITDA Margin in the last five years was a gain of 183.08 percentage points in Q4 2024, against a drop of 272.71 percentage points in Q4 2022 at the low end.
- Per Business Quant, the preceding three quarters came in at -14.58% (Q1 2026), -43.40% (Q4 2025) and -26.95% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | EBITDA Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 45.06% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 52.23% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 15.53% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 13.86% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | -127.26% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 17.33% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 15.27% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | - |
| 10 | IM Cannabis | 1.88 Mn | -2.90 Mn | 1.09 Mn | -21.41% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -21.41% |
| Mar 31, 2026 | -14.58% |
| Dec 31, 2025 | -43.40% |
| Sep 30, 2025 | -26.95% |
| Jun 30, 2025 | 0.39% |
| Mar 31, 2025 | 4.34% |
| Dec 31, 2024 | -2.38% |
| Sep 30, 2024 | -4.18% |
| Jun 30, 2024 | -16.77% |
| Mar 31, 2024 | -41.71% |
| Dec 31, 2023 | -185.46% |
| Sep 30, 2023 | 23.02% |
| Jun 30, 2023 | 17.85% |
| Mar 31, 2023 | 33.90% |
| Dec 31, 2022 | -344.72% |
| Sep 30, 2022 | 48.30% |
| Jun 30, 2022 | 55.07% |
| Mar 31, 2022 | 81.02% |
| Dec 31, 2021 | -72.01% |
| Sep 30, 2021 | -84.04% |
API Access
IM Cannabis EBITDA 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=ebitda-margin&ticker=IMCC&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "ebitda-margin", "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=ebitda-margin&ticker=IMCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();