Betterware De Mexico, S.A.P.I. De C.V (BWMX) Gross Margin (2019 - 2026)

Betterware De Mexico, S.A.P.I. De C.V (BWMX) posted quarterly Gross Margin of 66.28% for Q1 2026, up 9.0% year-over-year from 60.8% in Q1 2025, and up 1.98% on a QoQ basis from 64.99% in Q4 2025.

Betterware De Mexico, S.A.P.I. De C.V (BWMX) Gross Margin (2019 - 2026) Analysis & Trends

Betterware De Mexico, S.A.P.I. De C.V (BWMX) has reported Gross Margin for 8 consecutive years, with 66.28% the latest figure, recorded in Q1 2026.

  • In Q1 2026, Gross Margin rose 9.0% year-over-year to 66.28%; the TTM figure through Mar 2026 stood at 66.65% (down 43.0% YoY), while the FY2025 annual figure was 66.56%, down 50161.0% from the prior year.
  • Gross Margin came in at 66.28% for Q1 2026 at Betterware De Mexico, S.A.P.I. De C.V, up from 64.99% in the prior quarter.
  • The five-year high for Gross Margin was 73.27% in Q2 2023, with the low at 63.6% in Q1 2022.
  • Average Gross Margin over 5 years is 68.45%, with a median of 68.47% recorded in 2025.
  • Across the five-year window, Gross Margin soared 1677 bps in 2022 and tumbled 545 bps in 2024, its largest moves.
  • Year by year, Gross Margin stood at 70.44% in 2022, then declined by 1 bps to 69.96% in 2023, then declined by 4 bps to 67.32% in 2024, then slipped by 3 bps to 64.99% in 2025, then gained by 2 bps to 66.28% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods registered 66.28%, 64.99%, and 68.47% for Q1 2026, Q4 2025, and Q3 2025 respectively.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 NaaS Technology 29.20 Bn 29.20 Bn - -
2 Caseys General Stores 28.94 Bn 28.48 Bn 1.08 Bn 23.63%
3 Williams Sonoma 27.71 Bn 26.69 Bn 1.10 Bn 46.87%
4 Dick'S Sporting Goods 19.10 Bn 17.75 Bn 1.77 Bn 28.43%
5 Tractor Supply 16.98 Bn 16.76 Bn 1.30 Bn 36.22%
6 Best Buy 16.25 Bn 14.50 Bn 2.10 Bn 23.52%
7 Murphy USA 10.35 Bn 10.23 Bn 3.98 Bn 82.59%
8 Five Below 10.07 Bn 9.13 Bn 696.98 Mn 40.32%
9 Winmark 8.93 Bn 8.93 Bn 20.23 Mn 97.03%
10 Betterware De Mexico, S.A.P.I. De C.V - - 132.45 Mn 66.28%

Historic Data

Download Data
DateValue
Mar 31, 2026 66.28%
Dec 31, 2025 64.99%
Sep 30, 2025 68.47%
Jun 30, 2025 67.14%
Mar 31, 2025 66.18%
Dec 31, 2024 67.32%
Sep 30, 2024 66.87%
Jun 30, 2024 67.82%
Mar 31, 2024 69.72%
Dec 31, 2023 69.96%
Sep 30, 2023 70.21%
Jun 30, 2023 73.27%
Mar 31, 2023 72.80%
Dec 31, 2022 70.44%
Sep 30, 2022 68.99%
Jun 30, 2022 69.59%
Mar 31, 2022 63.60%
Dec 31, 2021 53.68%
Sep 30, 2021 56.26%
Jun 30, 2021 56.75%