cbdMD (YCBD) Gross Margin (2016 - 2026)
cbdMD's (YCBD) quarterly Gross Margin came in at 54.69% in Q2 2026, down 676.0% year-over-year from 9.5% in Q2 2025, and down 8.58% quarter-over-quarter from 59.82% in Q4 2025.
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cbdMD (YCBD) Gross Margin (2016 - 2026) Analysis & Trends
cbdMD has disclosed Gross Margin across 11 years of filings, most recently posting 54.69% for Q2 2026.
- In Q2 2026, Gross Margin fell 676.0% year-over-year to 54.69%; the TTM figure through Jun 2026 stood at 58.53% (down 267.0% YoY), while the FY2025 annual figure was 62.36%, up 215.0% from the prior year.
- Gross Margin came in at 54.69% for Q2 2026 at cbdMD, down from 59.82% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 66.9% in Q2 2022 to a low of 53.58% in Q1 2024.
- Average Gross Margin over 5 years is 60.75%, with a median of 60.98% recorded in 2023.
- Year-over-year, Gross Margin soared 901 bps in 2023 and slumped 770 bps in 2024.
- Over 5 years, Gross Margin stood at 57.17% in 2022, then rose by 16 bps to 66.18% in 2023, then rose by 0 bps to 66.5% in 2024, then decreased by 10 bps to 59.82% in 2025, then fell by 9 bps to 54.69% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 54.69% in Q2 2026, 59.82% in Q4 2025, and 58.83% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Curaleaf Holdings | 2.71 Bn | 2.62 Bn | 169.91 Mn | 49.96% |
| 2 | Trulieve Cannabis | 2.13 Bn | 1.80 Bn | 162.29 Mn | 59.90% |
| 3 | Green Thumb Industries | 1.42 Bn | 1.14 Bn | 137.87 Mn | 44.96% |
| 4 | Cronos | 1.24 Bn | 493.69 Mn | 28.45 Mn | 40.30% |
| 5 | Verano Holdings | 878.62 Mn | 791.60 Mn | 99.70 Mn | 45.75% |
| 6 | Glass House Brands | 596.99 Mn | 578.44 Mn | 15.77 Mn | 33.54% |
| 7 | Tilray Brands | 525.42 Mn | 271.32 Mn | 90.52 Mn | 32.13% |
| 8 | Vireo Growth | 517.57 Mn | 375.27 Mn | 95.30 Mn | 45.53% |
| 9 | Canopy Growth | 393.41 Mn | 146.40 Mn | 16.08 Mn | 22.16% |
| 10 | cbdMD | 5.00 Mn | 2.89 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();