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) recorded quarterly Gross Margin of 66.28% in Q1 2026, up 1.98% quarter-over-quarter from 64.99% in Q4 2025, and up 9.0% on a YoY basis from 60.8% in Q1 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's Gross Margin history runs 8 years deep, the most recent figure standing at 66.28% for 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 was 66.28% for Q1 2026 at Betterware De Mexico, S.A.P.I. De C.V, up from 64.99% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 73.27% in Q2 2023 to a low of 63.6% in Q1 2022.
  • Historically, Gross Margin has averaged 68.45% across 5 years, with a median of 68.47% in 2025.
  • The sharpest annual moves came in 2022 and 2024: Gross Margin soared 1677 bps in 2022, then slumped 545 bps in 2024.
  • A 5-year view of Gross Margin shows it stood at 70.44% in 2022, then decreased by 1 bps to 69.96% in 2023, then decreased by 4 bps to 67.32% in 2024, then fell by 3 bps to 64.99% in 2025, then grew by 2 bps to 66.28% in 2026.
  • The last three Gross Margin figures came in at 66.28% (Q1 2026), 64.99% (Q4 2025), and 68.47% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Caseys General Stores 27.84 Bn 27.38 Bn 1.01 Bn 25.70%
2 Williams Sonoma 24.59 Bn 23.57 Bn 1.10 Bn 46.87%
3 Ulta Beauty 20.75 Bn 20.25 Bn 1.48 Bn 38.06%
4 Dick'S Sporting Goods 17.81 Bn 16.45 Bn 1.77 Bn 28.43%
5 Tractor Supply 15.90 Bn 15.67 Bn 1.30 Bn 36.22%
6 Best Buy 15.61 Bn 13.87 Bn 2.10 Bn 23.52%
7 NaaS Technology 14.72 Bn 14.70 Bn - -
8 Five Below 10.27 Bn 9.34 Bn 696.98 Mn 40.32%
9 Murphy USA 10.20 Bn 10.08 Bn 3.98 Bn 82.59%
10 Betterware De Mexico, S.A.P.I. De C.V 330,249.40 -18.46 Mn 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%