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
Download Data
Historic Data
| Date | Value |
|---|---|
| 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% |