Vision Marine Technologies VMAR
NASDAQ VMAR
$8.28 -0.76 (-8.41%)
At close: Sep 9, 2026 · 4:00 PM EDT

Vision Marine Technologies (VMAR) Gross Margin (2020 - 2026)

Vision Marine Technologies' (VMAR) quarterly Gross Margin came in at 17.35% in Q2 2026, up 539.0% year-over-year from 2.72% in Q2 2025, and down 42.65% quarter-over-quarter from 30.26% in Q1 2026.

Analysis

Vision Marine Technologies (VMAR) Gross Margin (2020 - 2026) Analysis & Trends

Vision Marine Technologies (VMAR) has reported Gross Margin for 7 consecutive years, with 17.35% the latest figure, recorded in Q2 2026.

  • On a quarterly basis, Gross Margin rose 539.0% year-over-year to 17.35% in Q2 2026; TTM through May 2026 was 26.62%, a 1155.0% increase from a year earlier, with the FY2025 full-year figure at 34.46%, down 503.0% from the prior year.
  • Gross Margin was 17.35% for Q2 2026 at Vision Marine Technologies, down from 30.26% in the prior quarter.
  • Over five years, Gross Margin peaked at 55.79% in Q2 2022 and troughed at 35.42% in Q4 2024.
  • A 5-year average of 20.34% and a median of 23.0% in 2023 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin surged 3670 bps in 2023 and tumbled 7957 bps in 2024, its largest moves.
  • Over 5 years, Gross Margin stood at 7.45% in 2022, then surged by 493 bps to 44.15% in 2023, then tumbled by 180 bps to 35.42% in 2024, then soared by 200 bps to 35.56% in 2025, then tumbled by 51 bps to 17.35% in 2026.
  • The last three Gross Margin figures came in at 17.35% (Q2 2026), 30.26% (Q1 2026), and 35.56% (Q3 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Carvana 52.82 Bn 50.08 Bn 1.38 Bn 18.76%
2 Penske Automotive 14.32 Bn 14.25 Bn 1.36 Bn 15.94%
3 Carmax 8.56 Bn 7.97 Bn 854.41 Mn 10.66%
4 Lithia Motors 8.24 Bn 7.88 Bn 1.50 Bn 15.29%
5 Autonation 7.01 Bn 6.95 Bn 1.23 Bn 17.77%
6 Uxin 5.89 Bn 5.88 Bn 10.88 Mn 6.99%
7 Asbury Automotive 3.86 Bn 3.83 Bn 753.10 Mn 17.18%
8 Group 1 Automotive 3.38 Bn 3.21 Bn 860.60 Mn 15.98%
9 Sonic Automotive 2.40 Bn 2.38 Bn 616.20 Mn 15.66%
10 Vision Marine Technologies 16.76 16.76 3.19 Mn 17.35%
Historic Data

Historic Data

Download Data
DateValue
May 31, 2026 17.35%
Feb 28, 2026 30.26%
Aug 31, 2025 35.56%
May 31, 2025 11.96%
Mar 31, 2025 15.55%
Feb 28, 2025 -5.19%
Nov 30, 2024 -35.42%
May 31, 2024 42.45%
Feb 29, 2024 30.21%
Nov 30, 2023 44.15%
May 31, 2023 28.64%
Feb 28, 2023 5.93%
Nov 30, 2022 7.45%
May 31, 2022 55.79%
Aug 31, 2021 59.40%
May 31, 2021 21.53%
Aug 31, 2020 -11.05%
May 31, 2020 56.11%