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
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%