IM Cannabis (IMCC) Gross Margin (2020 - 2026)
IM Cannabis' (IMCC) quarterly Gross Margin came in at 16.35% in Q1 2026, down 1123.0% year-on-year from 1.6% in Q1 2025, and up 3027.2% quarter-over-quarter from 0.52% in Q4 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.
- On a quarterly basis, Gross Margin fell 1123.0% year-over-year to 16.35% in Q1 2026; TTM through Mar 2026 was 15.08%, a 340.0% decrease from a year earlier, with the FY2025 full-year figure at 17.7%, up 206.0% from the prior year.
- Gross Margin improved to 16.35% in Q1 2026 per IMCC's latest filing, from 0.52% in the prior quarter.
- Across five years, Gross Margin topped out at 27.58% in Q1 2025 and bottomed at 0.52% in Q4 2025.
- The 5-year median for Gross Margin is 19.72% (2025), against an average of 17.93%.
- Biggest YoY gain for Gross Margin was 2244 bps in 2022; the steepest drop was 3459 bps in 2022.
- Year by year, Gross Margin stood at 18.0% in 2022, then slumped by 56 bps to 7.86% in 2023, then soared by 156 bps to 20.1% in 2024, then tumbled by 97 bps to 0.52% in 2025, then soared by 3027 bps to 16.35% in 2026.
- Per Business Quant, the three latest IMCC Gross Margin figures stand at 16.35% (Q1 2026), 0.52% (Q4 2025), and 19.72% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 87.22 Bn | 85.35 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 39.60 Bn | 35.87 Bn | 1.97 Bn | 49.52% |
| 3 | Zoetis | 31.46 Bn | 29.52 Bn | 1.62 Bn | 71.66% |
| 4 | Takeda Pharmaceutical | 26.49 Bn | 22.44 Bn | 4.39 Bn | 62.93% |
| 5 | United Therapeutics | 23.03 Bn | 20.88 Bn | 648.10 Mn | 82.93% |
| 6 | Universe Pharmaceuticals | 23.03 Bn | -10.56 Bn | - | - |
| 7 | Viatris | 20.90 Bn | 19.09 Bn | 1.16 Bn | 32.97% |
| 8 | Neurocrine Biosciences | 17.50 Bn | 16.19 Bn | 800.70 Mn | 98.31% |
| 9 | Elanco Animal Health | 12.33 Bn | 11.91 Bn | 785.00 Mn | 57.26% |
| 10 | IM Cannabis | 591,792.44 | -193,562.09 | 1.03 Mn | 16.35% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |