22nd Century Group annual gross margin
2012
2013
2014
2015
2016
2017
2018
2019
22nd Century Group Gross Margin Growth & History (XXII)
22nd Century Group's gross margin was 0.06% for fiscal 2019.
View full 22nd Century Group company overview22nd Century Group annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2019 | 2019-12-31 | 0.06% | −3.35 pp |
| 2018 | 2018-12-31 | 3.40% | +7.67 pp |
| 2017 | 2017-12-31 | −4.26% | −0.77 pp |
| 2016 | 2016-12-31 | −3.50% | +3.31 pp |
| 2015 | 2015-12-31 | −6.81% | −12.59 pp |
| 2014 | 2014-12-31 | 5.78% | −87.88 pp |
| 2013 | 2013-12-31 | 93.66% | +355.66 pp |
| 2012 | 2012-12-31 | −262.01% | — |
22nd Century Group quarterly gross margin
Q3.13
Q4.13
Q2.17
Q3.17
Q1.18
Q2.18
Q3.18
Q4.18
Q1.19
Q2.19
Q3.19
Q4.19
Q1.20
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2020 | 2020-03-31 | 4.07% | +5.70 pp |
| Q4 2019 | 2019-12-31 | 3.10% | −4.12 pp |
| Q3 2019 | 2019-09-30 | −0.33% | −2.74 pp |
| Q2 2019 | 2019-06-30 | −1.48% | −3.82 pp |
| Q1 2019 | 2019-03-31 | −1.64% | −2.81 pp |
| Q4 2018 | 2018-12-31 | 7.21% | +14.73 pp |
| Q3 2018 | 2018-09-30 | 2.41% | +6.65 pp |
| Q2 2018 | 2018-06-30 | 2.34% | −91.56 pp |
| Q1 2018 | 2018-03-31 | 1.17% | −59.69 pp |
| Q3 2017 | 2017-09-30 | −7.51% | — |
| Q2 2017 | 2017-06-30 | −4.24% | — |
| Q4 2013 | 2013-12-31 | 93.90% | — |
| Q3 2013 | 2013-09-30 | 60.86% | — |
22nd Century Group gross margin trends
Over the last five reported fiscal years, 22nd Century Group's gross margin decreased from 5.78% to 0.06%, a change of −5.72 percentage points. The latest reported quarter, Q1 2020, shows 4.07%.
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 22nd Century Group filings at SEC.gov ↗