Marimed (MRMD) Gross Margin (2011 - 2026)
Marimed (MRMD) reported Gross Margin of 38.70% for Q2 2026, down 1.62 percentage points from 40.32% a year earlier but up 0.01 percentage points from the prior quarter.
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Analysis
Marimed (MRMD) Gross Margin (2011 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, Marimed's Gross Margin came in at 35.63%, down 2.89 percentage points year-over-year; for FY2025, it came in at 36.22%, down 3.49 percentage points from FY2024.
- Gross Margin has declined for five consecutive years, with a five-year change of -25.33 percentage points (FY2020 to FY2025).
- By year, Gross Margin came in at 39.70% in FY2024 (-4.66 pp), 44.36% in FY2023 (-3.36 pp), 47.73% in FY2022 (-6.83 pp) and 54.55% in FY2021 (-6.99 pp).
- Five-year quarterly Gross Margin spans a low of 25.21% in Q4 2025 and a high of 54.75% in Q3 2021.
- Year over year, Gross Margin has now declined in each of the last ten quarters, with an average year-over-year change of -3.80 percentage points over the last eight quarters.
- The high point for year-over-year Gross Margin in five years was Q1 2022 (a gain of 0.76 percentage points); the low point was Q2 2022 (a drop of 14.10 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 38.69% (Q1 2026), 25.21% (Q4 2025) and 40.14% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.14 Bn | 283.71 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 129.64 Bn | 108.78 Bn | - | - |
| 3 | Altria | 115.45 Bn | 101.65 Bn | 3.82 Bn | 62.51% |
| 4 | Curaleaf Holdings | 2.87 Bn | 2.47 Bn | 169.91 Mn | 49.96% |
| 5 | RLX Technology | 2.63 Bn | -932.13 Mn | 52.74 Mn | 35.41% |
| 6 | Trulieve Cannabis | 2.37 Bn | 989.63 Mn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.53 Bn | 385.54 Mn | 137.87 Mn | 44.96% |
| 8 | Cronos | 1.26 Bn | -1.96 Bn | 28.45 Mn | 40.30% |
| 9 | Turning Point Brands | 1.21 Bn | 343.16 Mn | 93.70 Mn | 65.55% |
| 10 | Marimed | 28.08 Mn | -5.68 Mn | 16.23 Mn | 38.70% |
Historic Data
Download Data
Historic 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 | 40.32% |
| 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% |
API Access
Marimed Gross 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=gross-margin&ticker=MRMD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MRMD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=MRMD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();