Blum HoldingsBLMH -3.98%14 Gross Margin % is 47.91% as of Sep. 2025, which is 38% above its 10-year median of 34.81. GuruFocus rates BLMH with a GF Score™ of 14/100 and a GF Value™ of $0.44 (Possible Value Trap). The stock has 7 warning signs investors should review. Among 631 Healthcare Providers & Services companies, Blum Holdings ranks better than 59.59% on this metric.
Blum Holdings Inc gross margin has been in long-term decline. The average rate of decline per year is -1.9%.
The historical rank and industry rank for Blum Holdings's Gross Margin % or its related term are showing as below:
BLMH'
s Gross Margin % Range Over the Past 10 Years
Min: 10.16 Med: 34.81 Max: 62.77
Current: 48.25
During the past 13 years, the highestGross Margin % of Blum Holdings was 62.77%. The lowest was 10.16%. And the median was 34.81%.
BLMH's Gross Margin % is ranked better than 59.59% of 631
companies
in the Healthcare Providers & Services industry
Industry Median: 40.09
vs BLMH: 48.25
Blum Holdings had a gross margin of 47.91% for the quarter that ended in Sep. 2025 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Blum Holdings was -1.90% per year.
Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.
Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %
1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key
Blum Holdings had a gross margin of 47.91% for the quarter that ended in Sep. 2025 => Durable competitive advantage
Be Aware
If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.
Blum Holdings Gross Margin % Related Terms
Blum Holdings Gross Margin % Historical Data
* Premium members only.
The historical data trend for Blum Holdings's Gross Margin % can be seen below:
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
BLMH vs HEWA, WGRX, DHTI: Gross Margin % Comparison
For the Pharmaceutical Retailers subindustry, Blum Holdings's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:
* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.
Blum Holdings Gross Margin % vs Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Blum Holdings's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Blum Holdings's Gross Margin % falls into.
* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD. * For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.
A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.
Blum Holdings (BLMH) has a Gross Margin % of 47.91% as of Sep. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Blum Holdings and its competitors. This is 38% above median its historical median of 34.81. Over the past decade, Blum Holdings' Gross Margin % has ranged from 10.16 to 62.77. According to the industry distribution chart, Blum Holdings ranks #255 out of 631 companies in the Healthcare Providers & Services industry, placing it in the top 40.4%.
Is Blum Holdings' Gross Margin % too high?
Blum Holdings' current Gross Margin % of 47.91% is 38% above median its 10-year median of 34.81. Over the past 10 years, this metric has ranged from a low of 10.16 to a high of 62.77. The Healthcare Providers & Services industry median Gross Margin % is 40.09. Blum Holdings' value of 47.91% is 19.5% above this industry median. Based on the distribution chart, Blum Holdings ranks #255 out of 631 companies in the Healthcare Providers & Services industry, which is above the industry midpoint. Overall, Blum Holdings has a GF Score™ of 14/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Blum Holdings' Gross Margin % compare to HEWA and WGRX?
According to the Healthcare Providers & Services industry distribution chart, Blum Holdings ranks #255 out of 631 companies for Gross Margin %. This puts Blum Holdings in the upper half of its industry. The industry median Gross Margin % is 40.09. Blum Holdings' value of 47.91% is 19.5% above this benchmark. Historically, Blum Holdings' own Gross Margin % has ranged from 10.16 to 62.77 over the past decade. While the company's 10-year median is 34.81 vs. the industry median of 40.09, Blum Holdings has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Healthcare Providers & Services company?
The median Gross Margin % among Healthcare Providers & Services companies is 40.09, based on 631 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Blum Holdings's current Gross Margin % of 47.91% is 19.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Blum Holdings and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.09 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Blum Holdings's current Gross Margin % is 47.91%, which is 38% above median its own 10-year median of 34.81. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Blum Holdings stock overvalued right now?
Based on GuruFocus' analysis, Blum Holdings (BLMH) is currently considered Possible Value Trap. The stock's GF Value™ is $0.44, compared to a current price of $0.19 — trading 56.1% below its estimated fair value. The current Gross Margin % is 47.91%, which is 38% above median its 10-year median of 34.81 and 19.5% above the Healthcare Providers & Services industry median of 40.09. Blum Holdings' overall GF Score™ is 14/100 with 7 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Blum Holdings (BLMH), the current Gross Margin % is 47.91% as of Sep. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Blum Holdings (BLMH) Overvalued in 2026?
Based on GuruFocus' analysis, Blum Holdings stock appears to be undervalued.
The current stock price of $0.19 is trading 56.1% below its estimated GF Value™ of $0.44.
GuruFocus considers Blum Holdings to be Possible Value Trap.
Key valuation signals for BLMH:
Gross Margin %: 47.91% (38% above median its 10-year median of 34.81)
GF Value™: $0.44 vs. price of $0.19 (56.1% below fair value)
Industry Position: 19.5% above the Healthcare Providers & Services median (#255 of 631)
No single metric tells the full story. See the BLMH stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Blum Holdings Inc is a cannabis company with operations in retail, production, distribution, and cultivation, with an emphasis on providing the highest quality of medical and adult-use cannabis products. It distributes its own branded products as well as third-party products to its retail dispensaries in California under the Korova brand. The company has two reportable segments; Cannabis Retail which generates key revenue and includes cannabis-focused retail, both physical stores and non-store front delivery, and Cannabis Distribution segment which includes cannabis distribution operations.
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