IM Cannabis (IMCC) Gross Margin (2020 - 2026)
IM Cannabis (IMCC) posted Gross Margin of 19.83% for Q2 2026, up 21.29% on a QoQ basis from 16.35% in Q1 2026, and down 715.0% year-over-year from 3.22% in Q2 2025.
Analysis
IM Cannabis (IMCC) Gross Margin (2020 - 2026) Analysis & Trends
IM Cannabis has reported Gross Margin for 7 years, with the latest figure at 19.83% in Q2 2026.
- On a quarterly basis, Gross Margin fell 715.0% year-over-year to 19.83% in Q2 2026; TTM through Jun 2026 was 12.58%, a 1163.0% decrease from a year earlier, with the FY2025 full-year figure at 17.7%, up 206.0% from the prior year.
- Gross Margin was 19.83% for Q2 2026 at IM Cannabis, up from 16.35% in the prior quarter.
- The five-year high for Gross Margin was 32.05% in Q1 2022, with the low at 0.52% in Q4 2025.
- Average Gross Margin over 5 years is 18.55%, with a median of 19.77% recorded in 2025.
- The largest YoY upside for Gross Margin was 2244 bps in 2022 against a maximum downside of 2530 bps in 2022.
- Over 5 years, Gross Margin stood at 18.0% in 2022, then tumbled by 56 bps to 7.86% in 2023, then jumped by 156 bps to 20.1% in 2024, then plunged by 97 bps to 0.52% in 2025, then surged by 3693 bps to 19.83% in 2026.
- The last three Gross Margin figures came in at 19.83% (Q2 2026), 16.35% (Q1 2026), and 0.52% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 49.96% |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 59.90% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 44.96% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 40.30% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 33.54% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 45.53% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 32.13% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 45.75% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 22.16% |
| 10 | IM Cannabis | 1.55 Mn | 382,269.89 | 1.09 Mn | 19.83% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 19.83% |
| 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 | 32.05% |
| Dec 31, 2021 | 9.88% |
| Sep 30, 2021 | -0.93% |