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| Date | Value |
|---|---|
| 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% |