Growth Metrics

Costco Wholesale (COST) Gross Margin (2016 - 2026)

Costco Wholesale's Gross Margin history spans 18 years, with the latest figure at 12.76% for Q1 2026.

  • For Q1 2026, Gross Margin rose 23.0% year-over-year to 12.76%; the TTM value through Feb 2026 reached 12.93%, up 25.0%, while the annual FY2025 figure was 12.84%, 23.0% up from the prior year.
  • Gross Margin reached 12.76% in Q1 2026 per COST's latest filing, down from 13.07% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 13.07% in Q4 2025 to a low of 11.84% in Q3 2022.
  • Average Gross Margin over 5 years is 12.51%, with a median of 12.52% recorded in 2025.
  • Peak YoY movement for Gross Margin: plummeted -108bps in 2022, then soared 48bps in 2023.
  • A 5-year view of Gross Margin shows it stood at 12.25% in 2022, then grew by 4bps to 12.7% in 2023, then rose by 2bps to 12.94% in 2024, then increased by 1bps to 13.07% in 2025, then dropped by -2bps to 12.76% in 2026.
  • Per Business Quant, the three most recent readings for COST's Gross Margin are 12.76% (Q1 2026), 13.07% (Q4 2025), and 12.91% (Q3 2025).