22nd Century Group (XXII) Gross Margin
22nd Century Group (XXII) does not report a gross margin in our data yet. Margins are stable over recent quarters. The company is a cannabis biotech company trading on the NASDAQ.
Current Gross Margin
—
Margin Trend
Stable
Latest Quarter Margin
0.0%
Quarterly Gross Margin
| Period | Revenue | COGS | Gross Profit | Gross Margin |
|---|---|---|---|---|
| FY2026 Q2 | $2.9M | $1.6M | $0 | 0.0% |
| FY2026 Q1 | $4.1M | $1.9M | $0 | 0.0% |
| FY2025 Q4 | $3.5M | $1.9M | $0 | 0.0% |
| FY2025 Q3 | $4.0M | $2.6M | $0 | 0.0% |
| FY2025 Q2 | $4.1M | $2.9M | $0 | 0.0% |
| FY2025 Q1 | $6.0M | $2.9M | $0 | 0.0% |
| FY2024 Q4 | $4.0M | $3.1M | $0 | 0.0% |
| FY2024 Q3 | $5.9M | $3.1M | $0 | 0.0% |
| FY2024 Q2 | $7.9M | $3.9M | $0 | 0.0% |
| FY2024 Q1 | $6.5M | $0 | $0 | 0.0% |
Frequently Asked Questions
What is XXII's current gross margin?+
Gross margin for 22nd Century Group 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%. 22nd Century Group'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 XXII's margins change quarter to quarter?+
Gross margin fluctuations for 22nd Century Group 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.