IM Cannabis (IMCC) Tax Rate (2020 - 2026)

IM Cannabis (IMCC) recorded quarterly Tax Rate of 1.63% in Q1 2026, down 2041.55% quarter-over-quarter from 0.08% in Q4 2025, and down 2150.0% on a YoY basis from 0.08% in Q1 2025.

IM Cannabis (IMCC) Tax Rate (2020 - 2026) Analysis & Trends

IM Cannabis' Tax Rate history runs 7 years deep, the most recent figure standing at 1.63% for Q1 2026.

  • In Q1 2026, Tax Rate fell 2150.0% year-over-year to 1.63%; the TTM figure through Mar 2026 stood at 1.14% (down 1473.0% YoY), while the FY2025 annual figure was 0.79%, down 879.0% from the prior year.
  • Tax Rate was 1.63% for Q1 2026 at IM Cannabis, down from 0.08% in the prior quarter.
  • In the past five years, Tax Rate ranged from a high of 21.39% in Q2 2022 to a low of 6.22% in Q3 2023.
  • Historically, Tax Rate has averaged 4.39% across 5 years, with a median of 2.35% in 2024.
  • The sharpest annual moves came in 2022 and 2026: Tax Rate jumped 7205 bps in 2022, then plunged 2150 bps in 2026.
  • A 5-year view of Tax Rate shows it stood at 0.26% in 2022, then slumped by 1828 bps to 4.45% in 2023, then soared by 184 bps to 3.73% in 2024, then tumbled by 102 bps to 0.08% in 2025, then tumbled by 2042 bps to 1.63% in 2026.
  • The last three Tax Rate figures came in at 1.63% (Q1 2026), 0.08% (Q4 2025), and 3.79% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Tax Rate (Qtr)
1 Teva Pharmaceutical Industries 38.34 Bn 34.60 Bn 1.97 Bn 15.33%
2 Zoetis 33.27 Bn 31.33 Bn 1.62 Bn 20.71%
3 United Therapeutics 23.75 Bn 21.60 Bn 648.10 Mn 13.63%
4 Aurora Cannabis 17.11 Bn 17.03 Bn 33.43 Mn -20.44%
5 Neurocrine Biosciences 16.37 Bn 15.05 Bn 800.70 Mn 19.81%
6 Elanco Animal Health 11.78 Bn 11.35 Bn 785.00 Mn 34.48%
7 Alkermes 7.05 Bn 6.54 Bn -116.06 Mn -7.43%
8 Lantheus Holdings 6.49 Bn 5.99 Bn 230.92 Mn 24.29%
9 Hims & Hers Health 6.19 Bn 5.44 Bn 396.79 Mn 9.29%
10 IM Cannabis 57,090.22 -728,264.31 1.03 Mn -1.63%

Historic Data

Download Data
DateValue
Mar 31, 2026 -1.63%
Mar 31, 2026 -1.63%
Dec 31, 2025 -0.08%
Dec 31, 2025 -0.08%
Sep 30, 2025 -3.79%
Sep 30, 2025 -3.79%
Jun 30, 2025 11.82%
Jun 30, 2025 11.82%
Mar 31, 2025 19.86%
Mar 31, 2025 19.86%
Dec 31, 2024 3.73%
Dec 31, 2024 3.73%
Sep 30, 2024 2.35%
Sep 30, 2024 2.35%
Jun 30, 2024 19.53%
Jun 30, 2024 19.53%
Mar 31, 2024 -1.81%
Mar 31, 2024 -1.81%
Dec 31, 2023 -4.45%
Dec 31, 2023 -4.45%