IM Cannabis (IMCC) Gross Margin (2020 - 2026)

IM Cannabis (IMCC) recorded quarterly Gross Margin of 16.35% in Q1 2026, up 3027.2% quarter-over-quarter from 0.52% in Q4 2025, and down 1123.0% on a YoY basis from 1.6% in Q1 2025.

IM Cannabis (IMCC) Gross Margin (2020 - 2026) Analysis & Trends

IM Cannabis' Gross Margin history runs 7 years deep, the most recent figure standing at 16.35% for Q1 2026.

  • In Q1 2026, Gross Margin fell 1123.0% year-over-year to 16.35%; the TTM figure through Mar 2026 stood at 15.08% (down 340.0% YoY), while the FY2025 annual figure was 17.7%, up 206.0% from the prior year.
  • Gross Margin was 16.35% for Q1 2026 at IM Cannabis, up from 0.52% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 27.58% in Q1 2025 to a low of 0.52% in Q4 2025.
  • Historically, Gross Margin has averaged 17.93% across 5 years, with a median of 19.72% in 2025.
  • Biggest YoY gain for Gross Margin was 2244 bps in 2022; the steepest drop was 3459 bps in 2022.
  • A 5-year view of Gross Margin shows it stood at 18.0% in 2022, then plunged by 56 bps to 7.86% in 2023, then soared by 156 bps to 20.1% in 2024, then sank by 97 bps to 0.52% in 2025, then soared by 3027 bps to 16.35% in 2026.
  • The last three Gross Margin figures came in at 16.35% (Q1 2026), 0.52% (Q4 2025), and 19.72% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 49.52%
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 71.66%
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 82.93%
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn 49.50%
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 98.31%
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 57.26%
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -293.83%
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 61.20%
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 65.25%
10 IM Cannabis 57,090.22 -728,264.31 1.03 Mn 16.35%

Historic Data

Download Data
DateValue
Mar 31, 2026 16.35%
Dec 31, 2025 0.52%
Sep 30, 2025 19.72%
Jun 30, 2025 26.98%
Mar 31, 2025 27.58%
Dec 31, 2024 20.10%
Sep 30, 2024 22.68%
Jun 30, 2024 5.72%
Mar 31, 2024 14.75%
Dec 31, 2023 7.86%
Sep 30, 2023 21.38%
Jun 30, 2023 26.17%
Mar 31, 2023 23.18%
Dec 31, 2022 18.00%
Sep 30, 2022 13.78%
Jun 30, 2022 17.33%
Mar 31, 2022 22.76%
Dec 31, 2021 9.88%
Sep 30, 2021 -0.93%
Jun 30, 2021 -5.11%