Agrify Corp (AGFY) Gross Margin
Agrify Corp (AGFY) currently has a gross margin of 51.7%. Margins are expanding over recent quarters. The company is a Ancillary cannabis company trading on the NASDAQ.
Current Gross Margin
51.7%
Margin Trend
Expanding
Latest Quarter Margin
75.5%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2025 Q4 | $10.7M | $2.6M | $8.0M | 75.5% |
| FY2025 Q2 | $2.0M | $1.4M | $682.0K | 33.4% |
| FY2025 Q1 | $538.0K | $448.0K | $90.0K | 16.7% |
| FY2024 Q4 | $2.2M | $3.0M | -$852.0K | -39.6% |
| FY2024 Q3 | $1.9M | $1.7M | $225.0K | 11.6% |
| FY2024 Q2 | $3.0M | $1.9M | $1.1M | 37.6% |
| FY2024 Q1 | $2.6M | $1.9M | $729.0K | 28.1% |
| FY2023 Q4 | $2.9M | $143.0K | $2.7M | 95.0% |
Frequently Asked Questions
What is AGFY's current gross margin?+
Gross margin for Agrify Corp is calculated as (revenue minus cost of revenue) divided by revenue, expressed as a percentage. It measures how efficiently the company converts sales into gross profit before operating expenses. Higher margins indicate better pricing power or lower production costs.
What is a good gross margin for cannabis companies?+
Cannabis gross margins vary widely by sub-sector. Retailers typically see 40-55%, vertically integrated MSOs 45-60%, and LPs 20-45%. Agrify Corp's margin should be compared to peers in the same sub-sector for meaningful context. Margins above 50% generally indicate strong pricing power.
Why do AGFY's margins change quarter to quarter?+
Gross margin fluctuations for Agrify Corp can result from changes in product mix, pricing pressure from competition, input cost changes (e.g., energy, labor), inventory write-downs, or scaling into new markets where initial costs are higher. Seasonal harvest patterns can also affect margins for cultivators.