Bath & Body Works (BBWI) Gross Margin (2009 - 2026)

Bath & Body Works (BBWI) has reported Gross Margin for 18 consecutive years, with 45.71% the latest figure, recorded in Q3 2026.

• On a quarterly basis, Gross Margin rose 439.0% year-over-year to 45.71% in Q3 2026; TTM through Aug 2026 was 43.82%, a 78.0% decrease from a year earlier, with the FY2026 full-year figure at 43.74%, down 52.0% from the prior year.
• Gross Margin was 45.71% for Q3 2026 at Bath & Body Works, roughly flat from 45.67% in the prior quarter.
• Over five years, Gross Margin peaked at 47.77% in Q1 2022 and troughed at 39.9% in Q3 2023.
• A 5-year average of 43.71% and a median of 43.57% in 2023 frame the typical range for Gross Margin.
• Across the five-year window, Gross Margin tumbled 780 bps in 2022 and jumped 439 bps in 2026, its largest moves.
• Over 5 years, Gross Margin stood at 42.27% in 2022, then increased by 3 bps to 43.66% in 2023, then retreated by 0 bps to 43.48% in 2024, then fell by 5 bps to 41.28% in 2025, then grew by 11 bps to 45.71% in 2026.
• The last three Gross Margin figures came in at 45.71% (Q3 2026), 45.67% (Q1 2026), and 41.28% (Q4 2025), per Business Quant data.