Callaway Golf (CALY) Gross Margin (2010 - 2026)
Callaway Golf's Gross Margin came in at 50.10% for Q2 2026, up 6.23 percentage points from 43.87% a year earlier and up 2.58 percentage points from the prior quarter.
Powered by 
Analysis
Callaway Golf (CALY) Gross Margin (2010 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Callaway Golf reported Gross Margin of 47.48%, up 0.33 percentage points year-over-year; for FY2025, it was 42.11%, down 0.58 percentage points from FY2024.
- Gross Margin has declined in each of the last three years, though with a five-year change of +0.74 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 42.69% in FY2024 (-0.78 pp), 43.47% in FY2023 (-21.48 pp), 64.95% in FY2022 (+1.22 pp) and 63.73% in FY2021 (+22.36 pp).
- The five-year range for quarterly Gross Margin is 27.37% (Q3 2024) to 80.10% (Q4 2024).
- Year-over-year, Gross Margin increased in five of the last seven quarters, with an average year-over-year change of -4.56 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q4 2021 (a gain of 31.59 percentage points), and the weakest in Q3 2024 (a drop of 40.23 percentage points).
- Business Quant data shows CALY's Gross Margin at 47.52% (Q1 2026), 52.87% (Q4 2025) and 39.67% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.40 Bn | 11.45 Bn | 1.07 Bn | 65.64% |
| 2 | Hasbro | 12.62 Bn | 8.41 Bn | 867.20 Mn | 76.10% |
| 3 | Acushnet Holdings | 4.89 Bn | 4.64 Bn | 445.83 Mn | 54.37% |
| 4 | Mattel | 3.81 Bn | 486.56 Mn | 542.12 Mn | 48.17% |
| 5 | YETI Holdings | 3.16 Bn | 2.48 Bn | 322.52 Mn | 66.66% |
| 6 | Callaway Golf | 2.55 Bn | 8.09 Mn | 306.70 Mn | 50.10% |
| 7 | Peloton Interactive | 2.11 Bn | -2.51 Bn | 344.40 Mn | 56.67% |
| 8 | Unusual Machines | 1.19 Bn | 731.45 Mn | 5.80 Mn | 34.70% |
| 9 | Sturm Ruger | 671.09 Mn | 275.09 Mn | 33.74 Mn | 21.35% |
| 10 | Smith & Wesson Brands | 629.10 Mn | 541.36 Mn | 32.27 Mn | 28.66% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 50.10% |
| Mar 31, 2026 | 47.52% |
| Dec 31, 2025 | 52.87% |
| Sep 30, 2025 | 39.67% |
| Jun 30, 2025 | 43.87% |
| Mar 31, 2025 | 45.04% |
| Dec 31, 2024 | 80.10% |
| Sep 30, 2024 | 27.37% |
| Jun 30, 2024 | 38.89% |
| Mar 31, 2024 | 35.45% |
| Sep 30, 2023 | 67.61% |
| Jun 30, 2023 | 67.12% |
| Mar 31, 2023 | 62.14% |
| Dec 31, 2022 | 69.68% |
| Sep 30, 2022 | 66.55% |
| Jun 30, 2022 | 64.15% |
| Mar 31, 2022 | 60.41% |
| Dec 31, 2021 | 68.72% |
| Sep 30, 2021 | 66.33% |
| Jun 30, 2021 | 65.52% |
API Access
Callaway Golf Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CALY&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CALY", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CALY&period=max&api_key=YOUR_API_KEY");
const data = await res.json();