Marimed (MRMD) Operating Margin (2011 - 2026)
Marimed's (MRMD) quarterly Operating Margin came in at 1.0% in Q2 2026, down 157.0% year-over-year from 1.75% in Q2 2025, and up 214.91% quarter-over-quarter from 0.32% in Q1 2026.
Analysis
Marimed (MRMD) Operating Margin (2011 - 2026) Analysis & Trends
Marimed (MRMD) has reported Operating Margin for 16 consecutive years, with 1.0% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Operating Margin fell 157.0% year-over-year to 1.0% in Q2 2026; TTM through Jun 2026 was 1.45%, a 144.0% decrease from a year earlier, with the FY2025 full-year figure at 1.76%, down 342.0% from the prior year.
- Operating Margin was 1.0% for Q2 2026 at Marimed, up from 0.32% in the prior quarter.
- Over five years, Operating Margin peaked at 22.53% in Q1 2022 and troughed at 10.86% in Q4 2025.
- A 5-year average of 5.71% and a median of 4.63% in 2024 frame the typical range for Operating Margin.
- The widest YoY moves for Operating Margin: up 475 bps in 2022, down 2322 bps in 2022.
- Over 5 years, Operating Margin stood at 8.62% in 2022, then slipped by 28 bps to 6.2% in 2023, then sank by 161 bps to 3.77% in 2024, then slumped by 188 bps to 10.86% in 2025, then jumped by 109 bps to 1.0% in 2026.
- The last three Operating Margin figures came in at 1.0% (Q2 2026), 0.32% (Q1 2026), and 10.86% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 1.24% |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -136.75% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 6.51% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 10.49% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -6.37% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | -3.01% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | -5.84% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | 1.44% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | -22.03% |
| 10 | Marimed | 32.09 Mn | 21.75 Mn | 16.23 Mn | 1.00% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 1.00% |
| Mar 31, 2026 | 0.32% |
| Dec 31, 2025 | -10.86% |
| Sep 30, 2025 | 3.92% |
| Jun 30, 2025 | 2.57% |
| Mar 31, 2025 | -2.40% |
| Dec 31, 2024 | -3.77% |
| Sep 30, 2024 | 3.31% |
| Jun 30, 2024 | 2.36% |
| Mar 31, 2024 | 5.33% |
| Dec 31, 2023 | 6.20% |
| Sep 30, 2023 | 8.48% |
| Jun 30, 2023 | 9.71% |
| Mar 31, 2023 | 14.94% |
| Dec 31, 2022 | 8.62% |
| Sep 30, 2022 | 16.91% |
| Jun 30, 2022 | 13.63% |
| Mar 31, 2022 | 22.53% |
| Dec 31, 2021 | 3.88% |
| Sep 30, 2021 | 19.93% |