TopBuild (BLD) Gross Margin (2014 - 2026)

TopBuild has reported Gross Margin for 13 years, with the latest figure at 27.68% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 82.0% year-over-year to 27.68%; the trailing twelve-month figure through Mar 2026 stood at 28.78% (down 130.0% YoY), and the FY2025 full-year result was 29.01%, down 148.0% from the prior year.
• Gross Margin for Q1 2026 stood at 27.68%, up from 27.24% in the prior quarter.
• The five-year high for Gross Margin was 32.02% in Q2 2023, with the low at 27.24% in Q4 2025.
• Historically, Gross Margin has averaged 29.87% across 5 years, with a median of 30.14% in 2022.
• Annual changes were most pronounced in 2022 — Gross Margin jumped 308 bps — and 2025, when it slumped 264 bps.
• TopBuild's Gross Margin stood at 29.71% in 2022, then climbed by 2 bps to 30.41% in 2023, then fell by 2 bps to 29.88% in 2024, then dropped by 9 bps to 27.24% in 2025, then climbed by 2 bps to 27.68% in 2026.
• The last three Gross Margin figures came in at 27.68% (Q1 2026), 27.24% (Q4 2025), and 30.07% (Q3 2025), per Business Quant data.