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

Bath & Body Works (BBWI) has 18 years of Gross Margin data on file, last reported at 45.67% in Q1 2026.

• Gross Margin for Q1 2026 came in at 45.67%, down 101.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 43.73% (down 52.0% YoY), and the FY2026 annual result was 43.74%, down 52.0% from the prior year.
• Gross Margin climbed to 45.67% in Q1 2026 per BBWI's latest filing, 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.
• A 5-year average of 43.59% and a median of 43.48% in 2024 frame the typical range for Gross Margin.
• The sharpest annual moves came in 2022 and 2024: Gross Margin slumped 780 bps in 2022, then surged 265 bps in 2024.
• 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.
• Business Quant data shows BBWI's Gross Margin at 45.67% in Q1 2026, 41.28% in Q4 2025, and 41.32% in Q3 2025.