TREES Corp (Colorado) annual gross margin
2011
2012
2014
2015
2016
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2019
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2021
2022
2023
TREES Corp (Colorado) Gross Margin Growth & History (CANN)
TREES Corp (Colorado)'s gross margin was 36.24% for fiscal 2023.
View full TREES Corp (Colorado) company overviewTREES Corp (Colorado) annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 36.24% | +0.04 pp |
| 2022 | 2022-12-31 | 36.20% | +11.10 pp |
| 2021 | 2021-12-31 | 25.10% | −16.65 pp |
| 2020 | 2020-12-31 | 41.75% | +9.04 pp |
| 2019 | 2019-12-31 | 32.71% | −44.26 pp |
| 2018 | 2018-12-31 | 76.97% | −12.22 pp |
| 2017 | 2017-12-31 | 89.19% | −8.23 pp |
| 2016 | 2016-12-31 | 97.42% | +3.95 pp |
| 2015 | 2015-12-31 | 93.47% | +22.00 pp |
| 2014 | 2014-12-31 | 71.47% | — |
| 2012 | 2012-12-31 | −654.06% | −1734.77 pp |
| 2011 | 2011-12-31 | 1,080.71% | — |
TREES Corp (Colorado) quarterly gross margin
Q1.12
Q1.13
Q2.13
Q3.13
Q2.14
Q3.14
Q1.15
Q2.15
Q3.15
Q4.15
Q1.16
Q2.16
Q3.16
Q4.16
Q1.17
Q2.17
Q3.17
Q4.17
Q1.18
Q2.18
Q3.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2024 | 2024-09-30 | 40.87% | +0.27 pp |
| Q2 2024 | 2024-06-30 | 54.26% | +17.63 pp |
| Q1 2024 | 2024-03-31 | 40.61% | +0.44 pp |
| Q4 2023 | 2023-12-31 | 25.76% | +4.43 pp |
| Q3 2023 | 2023-09-30 | 40.59% | +4.69 pp |
| Q2 2023 | 2023-06-30 | 36.63% | −9.43 pp |
| Q1 2023 | 2023-03-31 | 40.17% | −1.76 pp |
| Q4 2022 | 2022-12-31 | 21.34% | −13.14 pp |
| Q3 2022 | 2022-09-30 | 35.90% | +24.35 pp |
| Q2 2022 | 2022-06-30 | 46.05% | +19.26 pp |
| Q1 2022 | 2022-03-31 | 41.93% | +25.57 pp |
| Q4 2021 | 2021-12-31 | 34.48% | — |
| Q3 2021 | 2021-09-30 | 11.55% | −51.37 pp |
| Q2 2021 | 2021-06-30 | 26.79% | −22.49 pp |
| Q1 2021 | 2021-03-31 | 16.36% | +1.93 pp |
| Q3 2020 | 2020-09-30 | 62.93% | −6.49 pp |
| Q2 2020 | 2020-06-30 | 49.28% | −18.85 pp |
| Q1 2020 | 2020-03-31 | 14.43% | −36.75 pp |
| Q4 2019 | 2019-12-31 | −3,236.84% | — |
| Q3 2019 | 2019-09-30 | 69.42% | −25.79 pp |
| Q2 2019 | 2019-06-30 | 68.13% | −27.89 pp |
| Q1 2019 | 2019-03-31 | 51.18% | −40.58 pp |
| Q3 2018 | 2018-09-30 | 95.21% | −1.48 pp |
| Q2 2018 | 2018-06-30 | 96.03% | +18.76 pp |
| Q1 2018 | 2018-03-31 | 91.76% | −5.66 pp |
| Q4 2017 | 2017-12-31 | 85.84% | −18.74 pp |
| Q3 2017 | 2017-09-30 | 96.69% | +5.20 pp |
| Q2 2017 | 2017-06-30 | 77.27% | −18.29 pp |
| Q1 2017 | 2017-03-31 | 97.41% | −0.78 pp |
| Q4 2016 | 2016-12-31 | 104.59% | +11.50 pp |
| Q3 2016 | 2016-09-30 | 91.49% | −3.77 pp |
| Q2 2016 | 2016-06-30 | 95.56% | +4.58 pp |
| Q1 2016 | 2016-03-31 | 98.20% | +0.13 pp |
| Q4 2015 | 2015-12-31 | 93.08% | — |
| Q3 2015 | 2015-09-30 | 95.26% | +41.35 pp |
| Q2 2015 | 2015-06-30 | 90.98% | +12.60 pp |
| Q1 2015 | 2015-03-31 | 98.07% | — |
| Q3 2014 | 2014-09-30 | 53.91% | −5.87 pp |
| Q2 2014 | 2014-06-30 | 78.38% | +237.02 pp |
| Q3 2013 | 2013-09-30 | 59.78% | — |
| Q2 2013 | 2013-06-30 | −158.64% | — |
| Q1 2013 | 2013-03-31 | 805.80% | −3138.21 pp |
| Q1 2012 | 2012-03-31 | 3,944.02% | — |
TREES Corp (Colorado) gross margin trends
Over the last five fiscal years, TREES Corp (Colorado)'s gross margin decreased from 76.97% to 36.24%, a change of −40.73 percentage points. The latest reported quarter, Q3 2024, shows 40.87%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review TREES Corp (Colorado) source filings ↗