Marimed (MRMD) Gross Margin (2011 - 2026)
Marimed (MRMD) posted quarterly Gross Margin of 38.69% for Q1 2026, down 111.0% year-over-year from 351.75% in Q1 2025, and up 53.45% quarter-over-quarter from 25.21% in Q4 2025.
Marimed (MRMD) Gross Margin (2011 - 2026) Analysis & Trends
Marimed (MRMD) has reported Gross Margin for 16 consecutive years, with 38.69% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 111.0% year-over-year to 38.69%; the TTM figure through Mar 2026 stood at 36.02% (down 289.0% YoY), while the FY2025 annual figure was 36.22%, down 349.0% from the prior year.
- Gross Margin advanced to 38.69% in Q1 2026 per MRMD's latest filing, from 25.21% in the prior quarter.
- Across five years, Gross Margin topped out at 54.27% in Q1 2022 and bottomed at 25.21% in Q4 2025.
- Historically, Gross Margin has averaged 41.91% across 5 years, with a median of 43.4% in 2023.
- On a YoY basis, Gross Margin climbed as much as 76 bps in 2022 and fell as far as 1410 bps in 2022.
- Marimed's Gross Margin stood at 44.13% in 2022, then grew by 1 bps to 44.52% in 2023, then retreated by 27 bps to 32.49% in 2024, then declined by 22 bps to 25.21% in 2025, then surged by 53 bps to 38.69% in 2026.
- Business Quant data shows MRMD's Gross Margin at 38.69% in Q1 2026, 25.21% in Q4 2025, and 40.14% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Haleon | 43.98 Bn | 43.02 Bn | - | - |
| 2 | Teva Pharmaceutical Industries | 43.07 Bn | 39.42 Bn | 2.15 Bn | 51.98% |
| 3 | Zoetis | 31.53 Bn | 29.85 Bn | 1.05 Bn | 42.63% |
| 4 | Takeda Pharmaceutical | 28.60 Bn | 22.80 Bn | 5.10 Bn | 66.66% |
| 5 | United Therapeutics | 22.13 Bn | 19.47 Bn | 683.80 Mn | 87.30% |
| 6 | Viatris | 18.75 Bn | 17.86 Bn | 1.46 Bn | 38.77% |
| 7 | Neurocrine Biosciences | 15.53 Bn | 15.14 Bn | 935.80 Mn | 97.58% |
| 8 | Elanco Animal Health | 11.69 Bn | 11.16 Bn | 798.00 Mn | 58.33% |
| 9 | Dr Reddys Laboratories | 10.13 Bn | 9.97 Bn | - | - |
| 10 | Marimed | 28.77 Mn | 20.33 Mn | 16.23 Mn | 38.70% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 38.70% |
| Mar 31, 2026 | 38.69% |
| Dec 31, 2025 | 25.21% |
| Sep 30, 2025 | 40.14% |
| Jun 30, 2025 | 40.47% |
| Mar 31, 2025 | 39.81% |
| Dec 31, 2024 | 32.49% |
| Sep 30, 2024 | 41.34% |
| Jun 30, 2024 | 41.81% |
| Mar 31, 2024 | 43.42% |
| Dec 31, 2023 | 44.52% |
| Sep 30, 2023 | 43.40% |
| Jun 30, 2023 | 44.84% |
| Mar 31, 2023 | 44.76% |
| Dec 31, 2022 | 44.13% |
| Sep 30, 2022 | 47.66% |
| Jun 30, 2022 | 45.49% |
| Mar 31, 2022 | 54.27% |
| Dec 31, 2021 | 49.90% |
| Sep 30, 2021 | 54.75% |