cbdMD (YCBD) Gross Margin (2016 - 2025)
cbdMD's (YCBD) quarterly Gross Margin came in at 59.82% in Q4 2025, down 668.0% year-on-year from 10.53% in Q4 2024, and up 1.69% quarter-over-quarter from 58.83% in Q3 2025.
cbdMD (YCBD) Gross Margin (2016 - 2025) Analysis & Trends
cbdMD has disclosed Gross Margin across 10 years of filings, most recently posting 59.82% for Q4 2025.
- Gross Margin for Q4 2025 came in at 59.82%, down 668.0% year-over-year; the trailing twelve-month figure through Dec 2025 was 60.59% (up 37.0% YoY), and the FY2025 annual result was 62.37%, up 215.0% from the prior year.
- Gross Margin came in at 59.82% for Q4 2025 at cbdMD, up from 58.83% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 69.12% in Q1 2021 to a low of 51.88% in Q3 2022.
- The 5-year median for Gross Margin is 61.22% (2023), against an average of 60.96%.
- Across the five-year window, Gross Margin slumped 1861 bps in 2021 and surged 967 bps in 2023, its largest moves.
- cbdMD's Gross Margin stood at 53.57% in 2021, then advanced by 7 bps to 57.17% in 2022, then grew by 16 bps to 66.18% in 2023, then grew by 0 bps to 66.5% in 2024, then decreased by 10 bps to 59.82% in 2025.
- The last three Gross Margin figures came in at 59.82% (Q4 2025), 58.83% (Q3 2025), and 61.45% (Q2 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Teva Pharmaceutical Industries | 38.34 Bn | 34.60 Bn | 1.97 Bn | 49.52% |
| 2 | Zoetis | 33.27 Bn | 31.33 Bn | 1.62 Bn | 71.66% |
| 3 | United Therapeutics | 23.75 Bn | 21.60 Bn | 648.10 Mn | 82.93% |
| 4 | Aurora Cannabis | 17.11 Bn | 17.03 Bn | 33.43 Mn | 49.50% |
| 5 | Neurocrine Biosciences | 16.37 Bn | 15.05 Bn | 800.70 Mn | 98.31% |
| 6 | Elanco Animal Health | 11.78 Bn | 11.35 Bn | 785.00 Mn | 57.26% |
| 7 | Alkermes | 7.05 Bn | 6.54 Bn | -116.06 Mn | -293.83% |
| 8 | Lantheus Holdings | 6.49 Bn | 5.99 Bn | 230.92 Mn | 61.20% |
| 9 | Hims & Hers Health | 6.19 Bn | 5.44 Bn | 396.79 Mn | 65.25% |
| 10 | cbdMD | 3,905.91 | -3.38 Mn | 3.00 Mn | 59.82% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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 | 51.88% |
| Jun 30, 2022 | 69.04% |
| Mar 31, 2022 | 64.75% |
| Dec 31, 2021 | 53.57% |
| Sep 30, 2021 | 55.27% |
| Jun 30, 2021 | 68.08% |
| Mar 31, 2021 | 69.12% |