Akerna Corp (KERN) Gross Margin
Akerna Corp (KERN) currently has a gross margin of 29.3%. Margins are contracting over recent quarters. The company is a Ancillary cannabis company trading on the NASDAQ.
Current Gross Margin
29.3%
Margin Trend
Contracting
Latest Quarter Margin
53.2%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2023 Q3 | $2.1M | $974.7K | $1.1M | 53.2% |
| FY2023 Q2 | $2.3M | $962.9K | $1.3M | 57.9% |
| FY2023 Q1 | $2.6M | $1.1M | $1.6M | 59.6% |
| FY2022 Q3 | $5.4M | $2.1M | $3.4M | 62.1% |
| FY2022 Q2 | $6.1M | $1.8M | $4.2M | 69.8% |
| FY2022 Q1 | $7.0M | $2.2M | $4.7M | 68.3% |
Frequently Asked Questions
What is KERN's current gross margin?+
Gross margin for Akerna 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%. Akerna 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 KERN's margins change quarter to quarter?+
Gross margin fluctuations for Akerna 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.