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| 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% |