Leafly Holdings (LFLY) Gross Margin
Leafly Holdings (LFLY) currently has a gross margin of 7.4%. Margins are stable over recent quarters. The company is a Ancillary cannabis company trading on the NASDAQ.
Current Gross Margin
7.4%
Margin Trend
Stable
Latest Quarter Margin
90.2%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2024 Q4 | $8.5M | $838.0K | $7.7M | 90.2% |
| FY2024 Q3 | $8.4M | $904.0K | $7.4M | 89.2% |
| FY2024 Q2 | $8.7M | $959.0K | $7.8M | 89.0% |
| FY2024 Q1 | $9.0M | $976.0K | $8.1M | 89.2% |
| FY2023 Q4 | $9.7M | $1.1M | $8.7M | 89.2% |
| FY2023 Q3 | $10.6M | $1.2M | $9.4M | 89.0% |
| FY2023 Q2 | $10.7M | $1.2M | $9.4M | 88.4% |
| FY2023 Q1 | $11.2M | $1.3M | $9.9M | 88.0% |
Frequently Asked Questions
What is LFLY's current gross margin?+
Gross margin for Leafly 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%. Leafly 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 LFLY's margins change quarter to quarter?+
Gross margin fluctuations for Leafly 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.