22nd Century (XXII) Gross Margin (2010 - 2026)
22nd Century's (XXII) quarterly Gross Margin came in at 15.49% in Q1 2026, down 527.0% year-on-year from 3.63% in Q1 2025, and up 34.29% quarter-over-quarter from 23.58% in Q4 2025.
22nd Century (XXII) Gross Margin (2010 - 2026) Analysis & Trends
22nd Century has disclosed Gross Margin across 17 years of filings, most recently posting 15.49% for Q1 2026.
- Gross Margin for Q1 2026 came in at 15.49%, down 527.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 20.11% (down 1071.0% YoY), and the FY2025 annual result was 17.84%, down 799.0% from the prior year.
- Gross Margin came in at 15.49% for Q1 2026 at 22nd Century, up from 23.58% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 9.31% in Q2 2022 to a low of 813.64% in Q4 2024.
- The 5-year median for Gross Margin is 10.22% (2025), against an average of 60.25%.
- Across the five-year window, Gross Margin tumbled 70722 bps in 2024 and jumped 79006 bps in 2025, its largest moves.
- 22nd Century's Gross Margin stood at 0.44% in 2022, then slumped by 23967 bps to 106.42% in 2023, then plunged by 665 bps to 813.64% in 2024, then surged by 97 bps to 23.58% in 2025, then jumped by 34 bps to 15.49% in 2026.
- The last three Gross Margin figures came in at 15.49% (Q1 2026), 23.58% (Q4 2025), and 26.4% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | 68.06% |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 64.59% |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 54.95% |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 13.77% |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | 31.80% |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 78.26% |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | 48.44% |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | -15.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | -15.49% |
| Dec 31, 2025 | -23.58% |
| Sep 30, 2025 | -26.40% |
| Jun 30, 2025 | -15.55% |
| Mar 31, 2025 | -10.22% |
| Dec 31, 2024 | -813.64% |
| Sep 30, 2024 | -9.89% |
| Jun 30, 2024 | 7.17% |
| Mar 31, 2024 | -17.45% |
| Dec 31, 2023 | -106.42% |
| Sep 30, 2023 | 0.98% |
| Jun 30, 2023 | -11.94% |
| Mar 31, 2023 | 0.19% |
| Dec 31, 2022 | -0.44% |
| Sep 30, 2022 | 5.51% |
| Jun 30, 2022 | 9.31% |
| Mar 31, 2022 | 3.63% |
| Dec 31, 2021 | 7.57% |
| Sep 30, 2021 | 5.35% |
| Jun 30, 2021 | 3.74% |