22nd Century (XXII) Gross Margin (2010 - 2026)
22nd Century's Gross Margin was -10.23% in Q2 2026, up 5.32 percentage points from -15.55% a year earlier and up 5.26 percentage points from the prior quarter.
Powered by 
Analysis
22nd Century (XXII) Gross Margin (2010 - 2026) Analysis & Trends
On a trailing twelve-month basis, 22nd Century's Gross Margin was -19.44% through Jun 30, 2026, down 4.02 percentage points year-over-year; for FY2025, it was -17.84%, down 7.99 percentage points from FY2024.
- Gross Margin shows a five-year change of -22.95 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was -9.84% in FY2024 (+17.16 pp), -27.00% in FY2023 (-31.56 pp), 4.56% in FY2022 (-0.24 pp) and 4.80% in FY2021 (-0.31 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q1 2025.
- Compared with a year earlier, Gross Margin was higher in four of the last eight quarters, with an average year-over-year change of +5.00 percentage points.
- The best year-over-year quarter for Gross Margin over five years was Q4 2024 (a gain of 75.25 percentage points); the worst was Q4 2023 (a drop of 105.97 percentage points).
- Per Business Quant data, XXII's Gross Margin in the three quarters before Q2 2026 was -15.49% (Q1 2026), -23.58% (Q4 2025) and -26.40% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 297.66 Bn | 279.23 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 125.80 Bn | 104.94 Bn | - | - |
| 3 | Altria | 112.42 Bn | 98.63 Bn | 3.82 Bn | 62.51% |
| 4 | Curaleaf Holdings | 2.73 Bn | 2.33 Bn | 169.91 Mn | 49.96% |
| 5 | RLX Technology | 2.65 Bn | -916.64 Mn | 52.74 Mn | 35.41% |
| 6 | Trulieve Cannabis | 2.10 Bn | 712.57 Mn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.33 Bn | 184.54 Mn | 137.87 Mn | 44.96% |
| 8 | Cronos | 1.22 Bn | -2.00 Bn | 28.45 Mn | 40.30% |
| 9 | Turning Point Brands | 1.18 Bn | 308.67 Mn | 93.70 Mn | 65.55% |
| 10 | 22nd Century | 175,762.43 | -27.42 Mn | -293,000.00 | -10.23% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -10.23% |
| 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 | -31.16% |
| 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% |
API Access
22nd Century 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=XXII&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "XXII", "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=XXII&period=max&api_key=YOUR_API_KEY");
const data = await res.json();