Superworth

22nd Century profit margin XXII

Gross, operating and net profit as a share of revenue over the last twelve months, from 2016.

Net margin, 12 months
−27.0%
Operating margin, 12 months
−85.0%
Net margin on a year earlier
+53.2 pts
Peer median
16.8%

Over the twelve months to Jun 30, 2026, 22nd Century kept −27.0% of its revenue as net profit, with an operating margin of −85.0% and a gross margin of −19.4%.

The median for 4 tobacco stocks of a similar size is 16.8%.

Profit margin over time

GrossOperatingNet

Open the interactive chart, with overlays and comparisons

Fiscal year by fiscal year

Fiscal yearNet marginOperating marginGross margin
FY2025−28.7%−65.8%−17.8%
FY2024−62.2%−57.2%−9.8%
FY2023n/an/a−27.0%
FY2022n/an/a4.6%
FY2021n/a−91.8%4.8%
FY2020−70.1%−68.2%5.1%
FY2019n/a−91.2%0.1%
FY2018−30.1%−90.9%3.4%
FY2017−78.5%−80.1%−4.3%
FY2016−94.3%−92.7%−3.5%
FY2015n/an/a−6.8%
FY2014n/an/a5.8%
FY2013n/a24.9%93.7%
FY2012n/an/an/a
FY2011n/an/an/a

Quarter by quarter

QuarterEndedNet margin, 12 monthsChange on a yearOperating margin
Q2 FY26−27.0%+53.2 pts−85.0%
Q1 FY26−25.3%+32.3 pts−76.5%
Q4 FY25−28.7%+33.5 pts−65.8%
Q3 FY25−37.6%n/a−71.1%
Q2 FY25−80.2%n/a−65.1%
Q1 FY25−57.6%n/a−50.6%
Q4 FY24−62.2%n/a−57.2%
Q3 FY24n/an/a−86.9%
Q2 FY24n/an/a−97.7%
Q1 FY24n/an/an/a
Q4 FY23n/an/an/a
Q3 FY23n/an/an/a

Against its peers

Companies in Tobacco nearest 22nd Century's size, closest first, today.

CompanyProfit margin
XXII22nd Century−27.0%
ISPRIspire Technology−34.6%
TPBTurning Point Brands8.8%
MOAltria39.0%
PMPhilip Morris International24.8%
Peer median16.8%

What the profit margin tells you

Profit as a share of revenue at three levels: gross (after making the product), operating (after running the business) and net (after everything, including tax and interest).

Compare within an industry. 10% is superb for a retailer and poor for a software company.

More on 22nd Century

Valuation data, not investment advice. Prices as of . Reported figures come from the company's filings with the SEC.