VPR Brands (VPRB) Gross Margin (2020 - 2026)
VPR Brands' Gross Margin was 22.89% in Q2 2026, down 13.97 percentage points from 36.86% a year earlier and down 1.00 percentage points from the prior quarter.
VPR Brands (VPRB) Gross Margin (2020 - 2026) Analysis & Trends
On a trailing twelve-month basis, VPR Brands' Gross Margin was 25.11% through Jun 30, 2026, down 2.58 percentage points year-over-year; for FY2025, it was 28.71%, up 1.71 percentage points from FY2024.
- Gross Margin shows a five-year change of -13.99 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 27.00% in FY2024 (-22.53 pp), 49.54% in FY2023 (+16.30 pp), 33.23% in FY2022 (-1.08 pp) and 34.31% in FY2021 (-8.39 pp).
- Quarterly Gross Margin has moved between 16.32% (Q4 2021) and 83.91% (Q3 2023) over five years.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of -7.85 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q3 2023 (a gain of 49.98 percentage points); the worst was Q3 2024 (a drop of 53.84 percentage points).
- Per Business Quant data, VPRB's Gross Margin in the three quarters before Q2 2026 was 23.89% (Q1 2026), 20.38% (Q4 2025) and 32.89% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 302.31 Bn | 283.88 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 126.84 Bn | 105.99 Bn | - | - |
| 3 | Altria | 114.73 Bn | 100.93 Bn | 3.82 Bn | 62.51% |
| 4 | Curaleaf Holdings | 2.84 Bn | 2.44 Bn | 169.91 Mn | 49.96% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 35.41% |
| 6 | Trulieve Cannabis | 2.39 Bn | 1.00 Bn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.49 Bn | 344.56 Mn | 137.87 Mn | 44.96% |
| 8 | Cronos | 1.25 Bn | -1.97 Bn | 28.45 Mn | 40.30% |
| 9 | Turning Point Brands | 1.21 Bn | 336.94 Mn | 93.70 Mn | 65.55% |
| 10 | VPR Brands | 6.42 Mn | 933,760.45 | 161,075.00 | 22.89% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 22.89% |
| Mar 31, 2026 | 23.89% |
| Dec 31, 2025 | 20.38% |
| Sep 30, 2025 | 32.89% |
| Jun 30, 2025 | 36.86% |
| Mar 31, 2025 | 23.67% |
| Dec 31, 2024 | 18.03% |
| Sep 30, 2024 | 30.08% |
| Jun 30, 2024 | 25.52% |
| Mar 31, 2024 | 31.40% |
| Dec 31, 2023 | 22.05% |
| Sep 30, 2023 | 83.91% |
| Jun 30, 2023 | 57.35% |
| Mar 31, 2023 | 17.00% |
| Dec 31, 2022 | 24.77% |
| Sep 30, 2022 | 33.94% |
| Jun 30, 2022 | 39.92% |
| Mar 31, 2022 | 40.38% |
| Dec 31, 2021 | 16.32% |
| Sep 30, 2021 | 32.52% |
VPR Brands 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=VPRB&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "VPRB", "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=VPRB&period=max&api_key=YOUR_API_KEY");
const data = await res.json();