Growth Metrics

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

Bath & Body Works (BBWI) has disclosed Gross Margin for 18 consecutive years, with 45.67% as the latest value 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 for Q1 2026 was 45.67% at Bath & Body Works, up from 41.28% in the prior quarter.
  • The five-year high for Gross Margin was 47.77% in Q1 2022, with the low at 39.9% in Q3 2023.
  • Average Gross Margin over 5 years is 43.59%, with a median of 43.48% recorded in 2024.
  • The sharpest move saw Gross Margin plummeted -780bps in 2022, then soared 265bps in 2024.
  • Over 5 years, Gross Margin stood at 42.27% in 2022, then increased by 3bps to 43.66% in 2023, then dropped by 0bps to 43.48% in 2024, then fell by -5bps to 41.28% in 2025, then rose by 11bps to 45.67% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 45.67%, 41.28%, and 41.32% for Q1 2026, Q4 2025, and Q3 2025 respectively.