IM Cannabis (IMCC) Net Margin (2020 - 2026)
IM Cannabis' Net Margin was -57.00% in Q2 2026, down 54.57 percentage points from -2.43% a year earlier and down 48.24 percentage points from the prior quarter.
IM Cannabis (IMCC) Net Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, IM Cannabis' Net Margin was -36.62% through Jun 30, 2026, down 35.14 percentage points year-over-year; for FY2025, it was -25.30%, down 3.32 percentage points from FY2024.
- Net Margin shows a five-year change of -19.70 percentage points (FY2020 to FY2025).
- In earlier years, Net Margin was -21.98% in FY2024 (-24.34 pp), 2.36% in FY2023 (+0.02 pp), 2.34% in FY2022 (+6.47 pp) and -4.13% in FY2021 (+1.47 pp).
- The Q2 2026 figure marks the lowest quarterly Net Margin since Q4 2022.
- Compared with a year earlier, Net Margin has declined for four straight quarters, with an average year-over-year change of -13.74 percentage points over the last eight quarters.
- The best year-over-year quarter for Net Margin over five years was Q4 2023 (a gain of 261.47 percentage points); the worst was Q4 2022 (a drop of 247.07 percentage points).
- Per Business Quant data, IMCC's Net Margin in the three quarters before Q2 2026 was -8.77% (Q1 2026), -50.15% (Q4 2025) and -27.90% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 25.17% |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 37.60% |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 3.68% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 21.89% |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | -149.83% |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 1.59% |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 45.45% |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 2.52% |
| 10 | IM Cannabis | 1.71 Mn | -3.07 Mn | 1.09 Mn | -57.00% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -57.00% |
| Mar 31, 2026 | -8.77% |
| Dec 31, 2025 | -50.15% |
| Sep 30, 2025 | -27.90% |
| Jun 30, 2025 | -2.43% |
| Mar 31, 2025 | 0.82% |
| Dec 31, 2024 | -7.58% |
| Sep 30, 2024 | 3.13% |
| Jun 30, 2024 | -28.89% |
| Mar 31, 2024 | -14.66% |
| Dec 31, 2023 | 11.28% |
| Sep 30, 2023 | -1.67% |
| Jun 30, 2023 | -28.06% |
| Mar 31, 2023 | -6.91% |
| Dec 31, 2022 | -250.19% |
| Sep 30, 2022 | -31.98% |
| Jun 30, 2022 | -149.40% |
| Mar 31, 2022 | -3.47% |
| Dec 31, 2021 | -3.12% |
| Sep 30, 2021 | -28.57% |
IM Cannabis Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=IMCC&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "IMCC", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()
const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=IMCC&period=max&api_key=YOUR_API_KEY");
const data = await res.json();