Envela (ELA) Gross Margin (2010 - 2026)
Envela (ELA) posted quarterly Gross Margin of 20.96% for Q1 2026, down 384.0% year-over-year from 7.38% in Q1 2025, and up 2.25% quarter-over-quarter from 20.5% in Q4 2025.
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Analysis
Envela (ELA) Gross Margin (2010 - 2026) Analysis & Trends
Envela (ELA) has reported Gross Margin for 17 consecutive years, with 20.96% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 384.0% year-over-year to 20.96%; the TTM figure through Mar 2026 stood at 21.49% (down 285.0% YoY), while the FY2025 annual figure was 22.37%, down 219.0% from the prior year.
- Gross Margin rose to 20.96% in Q1 2026 per ELA's latest filing, from 20.5% in the prior quarter.
- Across five years, Gross Margin topped out at 26.92% in Q2 2022 and bottomed at 20.48% in Q1 2022.
- Historically, Gross Margin has averaged 23.82% across 5 years, with a median of 24.44% in 2024.
- Annual changes were most pronounced in 2022 — Gross Margin surged 578 bps — and 2023, when it slumped 586 bps.
- Envela's Gross Margin stood at 24.84% in 2022, then gained by 5 bps to 26.01% in 2023, then dropped by 11 bps to 23.06% in 2024, then retreated by 11 bps to 20.5% in 2025, then advanced by 2 bps to 20.96% in 2026.
- Business Quant data shows ELA's Gross Margin at 20.96% in Q1 2026, 20.5% in Q4 2025, and 22.77% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Tapestry | 24.90 Bn | 23.75 Bn | 1.56 Bn | 83.32% |
| 2 | Signet Jewelers | 3.31 Bn | 2.71 Bn | 556.50 Mn | 35.82% |
| 3 | Capri Holdings | 1.54 Bn | 1.40 Bn | - | - |
| 4 | TheRealReal | 1.23 Bn | 1.11 Bn | 143.20 Mn | 74.36% |
| 5 | Movado | 749.29 Mn | 537.68 Mn | 100.83 Mn | 59.40% |
| 6 | LuxExperience B.V | 731.81 Mn | 367.59 Mn | 329.37 Mn | 45.49% |
| 7 | Envela | 358.04 Mn | 314.59 Mn | 13.38 Mn | 23.56% |
| 8 | Lanvin Group Holdings | 118.30 Mn | 87.58 Mn | - | - |
| 9 | AsiaStrategy | 58.06 Mn | 38.98 Mn | - | - |
| 10 | Brilliant Earth | 21.64 Mn | -53.44 Mn | 66.64 Mn | 57.90% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 23.56% |
| Mar 31, 2026 | 20.96% |
| Dec 31, 2025 | 20.50% |
| Sep 30, 2025 | 22.77% |
| Jun 30, 2025 | 22.57% |
| Mar 31, 2025 | 24.80% |
| Dec 31, 2024 | 23.06% |
| Sep 30, 2024 | 24.44% |
| Jun 30, 2024 | 25.14% |
| Mar 31, 2024 | 25.89% |
| Dec 31, 2023 | 26.01% |
| Sep 30, 2023 | 26.40% |
| Jun 30, 2023 | 21.06% |
| Mar 31, 2023 | 22.91% |
| Dec 31, 2022 | 24.84% |
| Sep 30, 2022 | 26.23% |
| Jun 30, 2022 | 26.92% |
| Mar 31, 2022 | 20.48% |
| Dec 31, 2021 | 21.96% |
| Sep 30, 2021 | 21.52% |