Growth Metrics

Bath & Body Works (BBWI) Gross Margin (2016 - 2026)

Bath & Body Works has reported Gross Margin over the past 18 years, most recently at 45.67% for Q1 2026.

  • Quarterly Gross Margin fell 101.0% to 45.67% in Q1 2026 from the year-ago period, while the trailing twelve-month figure was 43.73% through Jan 2026, down 52.0% year-over-year, with the annual reading at 43.74% for FY2026, 52.0% down from the prior year.
  • Gross Margin was 45.67% for Q1 2026 at Bath & Body Works, up from 41.28% in the prior quarter.
  • Over five years, Gross Margin peaked at 47.77% in Q1 2022 and troughed at 39.9% in Q3 2023.
  • The 5-year median for Gross Margin is 43.48% (2024), against an average of 43.59%.
  • Year-over-year, Gross Margin crashed -780bps in 2022 and then surged 265bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 42.27% in 2022, then rose by 3bps to 43.66% in 2023, then decreased by 0bps to 43.48% in 2024, then dropped by -5bps to 41.28% in 2025, then grew by 11bps to 45.67% in 2026.
  • Per Business Quant, the three most recent readings for BBWI's Gross Margin are 45.67% (Q1 2026), 41.28% (Q4 2025), and 41.32% (Q3 2025).