iAnthus Capital Holdings (ITHUF) Gross Margin
iAnthus Capital Holdings (ITHUF) currently has a gross margin of 44.9%. Margins are stable over recent quarters. The company is a multi-state cannabis operator (MSO) trading on the OTC.
Current Gross Margin
44.9%
Margin Trend
Stable
Latest Quarter Margin
45.5%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2026 Q2 | $35.3M | $19.3M | $16.1M | 45.5% |
| FY2026 Q1 | $33.5M | $17.6M | $15.9M | 47.5% |
| FY2025 Q4 | $35.3M | $20.2M | $15.1M | 42.7% |
| FY2025 Q3 | $35.4M | $19.8M | $15.6M | 44.0% |
| FY2025 Q2 | $35.2M | $19.0M | $16.2M | 45.9% |
| FY2025 Q1 | $38.1M | $19.2M | $18.9M | 49.5% |
| FY2024 Q4 | $42.7M | $23.6M | $19.1M | 44.8% |
| FY2024 Q3 | $40.3M | $22.2M | $18.1M | 44.9% |
| FY2024 Q2 | $43.0M | $22.3M | $20.7M | 48.1% |
| FY2024 Q1 | $41.6M | $24.4M | $17.2M | 41.4% |
| FY2023 Q4 | $40.9M | $25.0M | $15.9M | 38.9% |
| FY2023 Q3 | $42.9M | $29.5M | $13.3M | 31.1% |
Frequently Asked Questions
What is ITHUF's current gross margin?+
Gross margin for iAnthus Capital Holdings 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%. iAnthus Capital Holdings'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 ITHUF's margins change quarter to quarter?+
Gross margin fluctuations for iAnthus Capital Holdings 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.