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

Bath & Body Works has disclosed Gross Margin across 18 years of filings, most recently posting 45.67% for Q1 2026.

• In Q1 2026, Gross Margin fell 101.0% year-over-year to 45.67%; the TTM figure through Jan 2026 stood at 43.73% (down 52.0% YoY), while the FY2026 annual figure was 43.74%, down 52.0% from the prior year.
• Gross Margin rose to 45.67% in Q1 2026, from 41.28% in the prior quarter.
• Over the last five years, Gross Margin for BBWI reached as high as 47.77% in Q1 2022 and fell as low as 39.9% in Q3 2023.
• The 5-year median for Gross Margin is 43.48% (2024), against an average of 43.59%.
• Annual changes were most pronounced in 2022 — Gross Margin plunged 780 bps — and 2024, when it surged 265 bps.
• A 5-year view of Gross Margin shows it stood at 42.27% in 2022, then rose by 3 bps to 43.66% in 2023, then decreased by 0 bps to 43.48% in 2024, then retreated by 5 bps to 41.28% in 2025, then gained by 11 bps to 45.67% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 45.67%, 41.28%, and 41.32% for Q1 2026, Q4 2025, and Q3 2025 respectively.