Smith A O (AOS) Gross Margin (2010 - 2026)

Smith an O's Gross Margin history runs 17 years deep, the most recent figure standing at 38.67% for Q1 2026.

• Quarterly Gross Margin fell 27.0% year-over-year to 38.67% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 38.77% (up 72.0% YoY) and the FY2025 annual result came in at 38.83%, up 70.0% from the prior year.
• Gross Margin was 38.67% for Q1 2026 at Smith an O, up from 38.4% in the prior quarter.
• Across five years, Gross Margin topped out at 40.04% in Q2 2023 and bottomed at 34.62% in Q2 2022.
• A 5-year average of 37.78% and a median of 38.4% in 2025 frame the typical range for Gross Margin.
• Annual changes were most pronounced in 2022 — Gross Margin slumped 276 bps — and 2023, when it soared 542 bps.
• Smith an O's Gross Margin stood at 37.24% in 2022, then grew by 0 bps to 37.43% in 2023, then slipped by 1 bps to 37.06% in 2024, then climbed by 4 bps to 38.4% in 2025, then gained by 1 bps to 38.67% in 2026.
• Business Quant data shows AOS's Gross Margin at 38.67% in Q1 2026, 38.4% in Q4 2025, and 38.67% in Q3 2025.