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.

• On a quarterly basis, Gross Margin fell 101.0% year-over-year to 45.67% in Q1 2026; TTM through Jan 2026 was 43.73%, a 52.0% decrease from a year earlier, with the FY2026 full-year figure at 43.74%, down 52.0% from the prior year.
• Gross Margin for Q1 2026 stood at 45.67%, up 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.
• Historically, Gross Margin has averaged 43.59% across 5 years, with a median of 43.48% in 2024.
• Across the five-year window, Gross Margin plunged 780 bps in 2022 and soared 265 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 42.27% in 2022, then climbed by 3 bps to 43.66% in 2023, then declined by 0 bps to 43.48% in 2024, then dropped by 5 bps to 41.28% in 2025, then grew by 11 bps to 45.67% in 2026.
• Per Business Quant data, the three most recent Gross Margin figures were 45.67% in Q1 2026, 41.28% in Q4 2025, and 41.32% in Q3 2025.