Delota (XCNQ:NIC) Gross Margin %: 33.68% (As of Mar. 2026) — 16% Below Median

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What is Delota Gross Margin %?

Delota XCNQ:NIC Gross Margin % is 33.68% as of Mar. 2026, which is 16% below its 10-year median of 39.98. The stock has 3 warning signs investors should review. Among 627 Healthcare Providers & Services companies, Delota ranks worse than 59.97% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Delota's Gross Profit for the three months ended in Mar. 2026 was C$2.59 Mil. Delota's Revenue for the three months ended in Mar. 2026 was C$7.69 Mil. Therefore, Delota's Gross Margin % for the quarter that ended in Mar. 2026 was 33.68%.


The historical rank and industry rank for Delota's Gross Margin % or its related term are showing as below:

XCNQ:NIC' s Gross Margin % Range Over the Past 10 Years
Min: 30.17   Med: 39.98   Max: 47.16
Current: 32.84


During the past 12 years, the highest Gross Margin % of Delota was 47.16%. The lowest was 30.17%. And the median was 39.98%.

XCNQ:NIC's Gross Margin % is ranked worse than
59.97% of 627 companies
in the Healthcare Providers & Services industry
Industry Median: 40.06 vs XCNQ:NIC: 32.84

Delota had a gross margin of 33.68% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Delota was -0.30% per year.


Delota  (XCNQ:NIC) Gross Margin % Explanation

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

Delota had a gross margin of 33.68% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Delota Gross Margin % Related Terms


Delota Gross Margin % Historical Data

* Premium members only.

The historical data trend for Delota'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.

Delota Gross Margin % Chart

Delota Annual Data
Trend Dec16 Dec17 Dec18 Jan20 Jan21 Jan22 Jan23 Jan24 Jan25 Mar26
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 44.18 47.06 39.98 38.96 32.84

Delota Quarterly Data
Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 36.95 36.11 31.49 29.56 33.68

Delota Gross Margin % Competitor Comparison

For the Pharmaceutical Retailers subindustry, Delota'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.


Delota Gross Margin % vs Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Delota's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Delota's Gross Margin % falls into.



Delota Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Delota's Gross Margin for the fiscal year that ended in Mar. 2026 is calculated as

Gross Margin % (A: Mar. 2026 )=Gross Profit (A: Mar. 2026 ) / Revenue (A: Mar. 2026 )
=11.4 / 34.809
=(Revenue - Cost of Goods Sold) / Revenue
=(34.809 - 23.378) / 34.809
=32.84 %

Delota's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2.6 / 7.691
=(Revenue - Cost of Goods Sold) / Revenue
=(7.691 - 5.101) / 7.691
=33.68 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 33.68% mean?
Delota (XCNQ:NIC) has a Gross Margin % of 33.68% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Delota and its competitors. This is 16% below median its historical median of 39.98. Over the past decade, Delota's Gross Margin % has ranged from 30.17 to 47.16. According to the industry distribution chart, Delota ranks #376 out of 627 companies in the Healthcare Providers & Services industry, placing it in the top 60%.
Is Delota's Gross Margin % too high?
Delota's current Gross Margin % of 33.68% is 16% below median its 10-year median of 39.98. Over the past 10 years, this metric has ranged from a low of 30.17 to a high of 47.16. The Healthcare Providers & Services industry median Gross Margin % is 40.06. Delota's value of 33.68% is 15.9% below this industry median. Based on the distribution chart, Delota ranks #376 out of 627 companies in the Healthcare Providers & Services industry, which is below the industry midpoint.
How does Delota's Gross Margin % compare to competitors?
According to the Healthcare Providers & Services industry distribution chart, Delota ranks #376 out of 627 companies for Gross Margin %. This places Delota in the lower half of its industry. The industry median Gross Margin % is 40.06. Delota's value of 33.68% is 15.9% below this benchmark. Historically, Delota's own Gross Margin % has ranged from 30.17 to 47.16 over the past decade. While the company's 10-year median is 39.98 vs. the industry median of 40.06, Delota has consistently been below 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 40.06, based on 627 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. Delota's current Gross Margin % of 33.68% is 15.9% below 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 Delota and its competitors. For the Healthcare Providers & Services industry, the median Gross Margin % is 40.06 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Delota's current Gross Margin % is 33.68%, which is 16% below median its own 10-year median of 39.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Delota stock overvalued right now?
Based on GuruFocus' analysis, Delota (XCNQ:NIC) is currently considered Possible Value Trap. The stock's GF Value™ is C$0.10, compared to a current price of C$0.07 — trading 30% below its estimated fair value. The current Gross Margin % is 33.68%, which is 16% below median its 10-year median of 39.98 and 15.9% below the Healthcare Providers & Services industry median of 40.06. 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 Delota (XCNQ:NIC), the current Gross Margin % is 33.68% as of Mar. 2026. 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.

Delota Business Description

Other Exchanges S62:Germany
Address 7941 Jane Street, Unit 2, Concord, ON, CAN, L4K 2M7
Delota Corp is a cannabis and nicotine retailer. The company is engaged in developing retail cannabis and nicotine brands in Canada by growing its retail footprint and developing retail banners. The Company's flagship brand, one hundred eighty Smoke Vape Store, stands as Ontario's omni channel specialty vape retailer, fueling innovation, growth, and leadership in the nicotine vape and alternative tobacco sector. The Company operates twenty nine brick-and-mortar specialty vape stores in Ontario under the one hundred eighty Smoke Vape Store brand, a dominant national e-commerce platform and three licensed dispensaries in Ontario under the Offside Cannabis brand.