Vireo Growth (Goodness Growth) (VREOF) Gross Margin
Vireo Growth (Goodness Growth) (VREOF) currently has a gross margin of 48.6%. Margins are expanding over recent quarters. The company is a multi-state cannabis operator (MSO) trading on the OTC.
Current Gross Margin
48.6%
Margin Trend
Expanding
Latest Quarter Margin
45.5%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2026 Q2 | $209.3M | $0 | $95.3M | 45.5% |
| FY2026 Q1 | $106.2M | $0 | $59.3M | 55.8% |
| FY2025 Q4 | $104.5M | $0 | $56.9M | 54.4% |
| FY2025 Q3 | $91.7M | $0 | $37.4M | 40.8% |
| FY2025 Q2 | $48.1M | $0 | $20.4M | 42.4% |
| FY2025 Q1 | $24.5M | $0 | $12.4M | 50.6% |
| FY2024 Q4 | $25.0M | $0 | $12.7M | 50.6% |
| FY2024 Q3 | $25.2M | $0 | $12.3M | 49.0% |
| FY2024 Q2 | $25.1M | $0 | $13.6M | 54.0% |
| FY2024 Q1 | $24.1M | $0 | $12.2M | 50.8% |
| FY2023 Q4 | $24.2M | $0 | $12.1M | 49.9% |
| FY2023 Q3 | $24.7M | $0 | $13.2M | 53.5% |
Frequently Asked Questions
What is VREOF's current gross margin?+
Gross margin for Vireo Growth (Goodness Growth) 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%. Vireo Growth (Goodness Growth)'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 VREOF's margins change quarter to quarter?+
Gross margin fluctuations for Vireo Growth (Goodness Growth) 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.