cbdMD (YCBD) Gross Margin (2016 - 2026)
cbdMD (YCBD) reported Gross Margin of 54.69% for fiscal Q3 2026 (quarter ended Jun 30, 2026), down 6.76 percentage points from 61.45% a year earlier.
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Analysis
cbdMD (YCBD) Gross Margin (2016 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, cbdMD's Gross Margin came in at 58.53%, down 2.67 percentage points year-over-year; for FY2025 (ended Sep 30, 2025), it came in at 62.36%, up 2.15 percentage points from FY2024.
- Gross Margin has a five-year change of -0.59 percentage points (FY2020 to FY2025).
- By fiscal year, Gross Margin came in at 60.21% in FY2024 (+0.43 pp), 59.78% in FY2023 (-0.39 pp), 60.17% in FY2022 (-3.18 pp) and 63.35% in FY2021 (+0.39 pp).
- The fiscal Q3 2026 figure ranks as the lowest quarterly Gross Margin since fiscal Q4 2024.
- Year over year, Gross Margin gained in three of the last seven quarters, with an average year-over-year change of -1.63 percentage points.
- The high point for year-over-year Gross Margin in five years was fiscal Q1 2024 (a gain of 9.01 percentage points); the low point was fiscal Q1 2022 (a drop of 21.51 percentage points).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 312.83 Bn | 292.47 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 129.84 Bn | 106.21 Bn | - | - |
| 3 | Altria | 124.92 Bn | 111.08 Bn | 3.82 Bn | 62.51% |
| 4 | RLX Technology | 2.08 Bn | -1.69 Bn | 52.74 Mn | 35.41% |
| 5 | Curaleaf Holdings | 2.07 Bn | 1.67 Bn | 169.91 Mn | 49.96% |
| 6 | Trulieve Cannabis | 2.06 Bn | 679.01 Mn | 162.29 Mn | 59.90% |
| 7 | Green Thumb Industries | 1.38 Bn | 230.90 Mn | 137.87 Mn | 44.96% |
| 8 | Turning Point Brands | 1.29 Bn | 394.69 Mn | 93.70 Mn | 65.55% |
| 9 | Cronos | 1.23 Bn | -2.05 Bn | 28.45 Mn | 40.30% |
| 10 | cbdMD | 4.06 Mn | -4.77 Mn | 3.04 Mn | 54.69% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 54.69% |
| Dec 31, 2025 | 59.82% |
| Sep 30, 2025 | 58.83% |
| Jun 30, 2025 | 61.45% |
| Mar 31, 2025 | 62.31% |
| Dec 31, 2024 | 66.50% |
| Sep 30, 2024 | 53.85% |
| Jun 30, 2024 | 65.78% |
| Mar 31, 2024 | 53.58% |
| Dec 31, 2023 | 66.18% |
| Sep 30, 2023 | 61.55% |
| Jun 30, 2023 | 59.50% |
| Mar 31, 2023 | 60.98% |
| Dec 31, 2022 | 57.17% |
| Sep 30, 2022 | 58.82% |
| Jun 30, 2022 | 66.90% |
| Mar 31, 2022 | 64.75% |
| Dec 31, 2021 | 50.66% |
| Sep 30, 2021 | 55.27% |
| Jun 30, 2021 | 63.33% |
API Access
cbdMD 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=YCBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "YCBD", "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=YCBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();