Marimed (MRMD) Gross Margin (2011 - 2026)
Marimed's (MRMD) quarterly Gross Margin came in at 38.7% in Q2 2026, down 162.0% year-over-year from 62.42% in Q2 2025, and little changed quarter-over-quarter from 38.69% in Q1 2026.
Analysis
Marimed (MRMD) Gross Margin (2011 - 2026) Analysis & Trends
Marimed (MRMD) has reported Gross Margin for 16 consecutive years, with 38.7% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Gross Margin fell 162.0% year-over-year to 38.7% in Q2 2026; TTM through Jun 2026 was 35.63%, a 289.0% decrease from a year earlier, with the FY2025 full-year figure at 36.22%, down 349.0% from the prior year.
- Gross Margin was 38.7% for Q2 2026 at Marimed, roughly flat from 38.69% in the prior quarter.
- Over five years, Gross Margin peaked at 54.27% in Q1 2022 and troughed at 25.21% in Q4 2025.
- A 5-year average of 41.72% and a median of 42.61% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 76 bps in 2022, down 1410 bps in 2022.
- Over 5 years, Gross Margin stood at 44.13% in 2022, then advanced by 1 bps to 44.52% in 2023, then declined by 27 bps to 32.49% in 2024, then slipped by 22 bps to 25.21% in 2025, then surged by 53 bps to 38.7% in 2026.
- The last three Gross Margin figures came in at 38.7% (Q2 2026), 38.69% (Q1 2026), and 25.21% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 49.96% |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | 59.90% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 44.96% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 40.30% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | 33.54% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 45.53% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 32.13% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 45.75% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 22.16% |
| 10 | Marimed | 32.09 Mn | 21.75 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% |