Marimed (MRMD) Tax Rate (2018 - 2026)
Marimed's (MRMD) quarterly Tax Rate came in at 129.94% in Q2 2026, down 3179.0% year-over-year from 4.22% in Q2 2025, and up 45.3% quarter-over-quarter from 237.54% in Q1 2026.
Analysis
Marimed (MRMD) Tax Rate (2018 - 2026) Analysis & Trends
Marimed (MRMD) has reported Tax Rate for 9 consecutive years, with 129.94% the latest figure, recorded in Q2 2026.
- On a quarterly basis, Tax Rate fell 3179.0% year-over-year to 129.94% in Q2 2026; TTM through Jun 2026 was 46.58%, a 8373.0% increase from a year earlier, with the FY2025 full-year figure at 33.09%, up 15794.0% from the prior year.
- Tax Rate was 129.94% for Q2 2026 at Marimed, up from 237.54% in the prior quarter.
- Over five years, Tax Rate peaked at 2311.92% in Q3 2023 and troughed at 1515.93% in Q3 2025.
- A 5-year average of 34.5% and a median of 38.83% in 2022 frame the typical range for Tax Rate.
- Across the five-year window, Tax Rate soared 226420 bps in 2023 and sank 250744 bps in 2024, its largest moves.
- Over 5 years, Tax Rate stood at 72.38% in 2022, then soared by 93 bps to 5.29% in 2023, then sank by 2723 bps to 149.22% in 2024, then soared by 125 bps to 36.67% in 2025, then slumped by 454 bps to 129.94% in 2026.
- The last three Tax Rate figures came in at 129.94% (Q2 2026), 237.54% (Q1 2026), and 36.67% (Q4 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Tax Rate (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.66 Bn | 2.56 Bn | 169.91 Mn | 147.48% |
| 2 | Trulieve Cannabis | 2.27 Bn | 1.94 Bn | 162.29 Mn | -5.73% |
| 3 | Green Thumb Industries | 1.71 Bn | 1.42 Bn | 137.87 Mn | 78.51% |
| 4 | Cronos | 1.18 Bn | 379.85 Mn | 28.45 Mn | 0.14% |
| 5 | Glass House Brands | 666.14 Mn | 647.59 Mn | 15.77 Mn | -202.92% |
| 6 | Vireo Growth | 545.10 Mn | 402.80 Mn | 95.30 Mn | 140.85% |
| 7 | Tilray Brands | 470.81 Mn | 236.18 Mn | 90.52 Mn | 42.30% |
| 8 | Verano Holdings | 434.44 Mn | 349.24 Mn | 99.70 Mn | -27.89% |
| 9 | Canopy Growth | 406.26 Mn | 159.25 Mn | 16.08 Mn | 0.88% |
| 10 | Marimed | 32.09 Mn | 21.75 Mn | 16.23 Mn | -129.94% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -129.94% |
| Mar 31, 2026 | -237.54% |
| Dec 31, 2025 | 36.67% |
| Sep 30, 2025 | -1,515.93% |
| Jun 30, 2025 | -98.15% |
| Mar 31, 2025 | -106.91% |
| Dec 31, 2024 | -149.22% |
| Sep 30, 2024 | -195.52% |
| Jun 30, 2024 | -112.03% |
| Mar 31, 2024 | 424.62% |
| Dec 31, 2023 | -5.29% |
| Sep 30, 2023 | 2,311.92% |
| Jun 30, 2023 | 192.39% |
| Mar 31, 2023 | 136.30% |
| Dec 31, 2022 | -72.38% |
| Sep 30, 2022 | 47.71% |
| Jun 30, 2022 | 48.00% |
| Mar 31, 2022 | 46.32% |
| Dec 31, 2021 | 934.11% |
| Sep 30, 2021 | 65.38% |