Sndl (SNDL) Gross Margin (2019 - 2026)
Sndl (SNDL) recorded Gross Margin of 23.90% in Q2 2026, down 3.72 percentage points from 27.62% a year earlier and down 3.06 percentage points from the prior quarter.
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Sndl (SNDL) Gross Margin (2019 - 2026) Analysis & Trends
On a TTM basis, Sndl's Gross Margin came in at 26.23% as of Jun 30, 2026, down 0.58 percentage points year-over-year; for FY2025, it was 27.33%, up 1.22 percentage points from FY2024.
- Annual Gross Margin has increased for five straight years, with a five-year change of +95.34 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 26.11% in FY2024 (+5.16 pp), 20.95% in FY2023 (+1.71 pp), 19.24% in FY2022 (+32.62 pp) and -13.38% in FY2021 (+54.64 pp).
- The Q2 2026 figure is the lowest quarterly Gross Margin since Q3 2023.
- On a year-over-year basis, Gross Margin rose in five of the last eight quarters, with an average year-over-year change of +1.18 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 136.27 percentage points in Q3 2021, against a drop of 31.66 percentage points in Q4 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 26.96% (Q1 2026), 27.81% (Q4 2025) and 26.28% (Q3 2025).
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Sndl 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=SNDL&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SNDL", "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=SNDL&period=max&api_key=YOUR_API_KEY");
const data = await res.json();