First Merchants (FRME) Gross Margin (2017 - 2026)

First Merchants' Gross Margin history runs 10 years deep, the most recent figure standing at 82.28% for Q1 2026.

• On a quarterly basis, Gross Margin rose 1218.0% year-over-year to 82.28% in Q1 2026; TTM through Mar 2026 was 75.5%, a 6652.0% increase from a year earlier, with the FY2025 full-year figure at 78.04%, up 45567.0% from the prior year.
• Gross Margin climbed to 82.28% in Q1 2026 per FRME's latest filing, from 76.6% in the prior quarter.
• Across five years, Gross Margin topped out at 120.15% in Q4 2024 and bottomed at 359.11% in Q3 2023.
• The 5-year median for Gross Margin is 78.04% (2024), against an average of 34.53%.
• Across the five-year window, Gross Margin slumped 31618 bps in 2022 and surged 43715 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 117.65% in 2022, then fell by 4 bps to 112.45% in 2023, then increased by 7 bps to 120.15% in 2024, then slumped by 36 bps to 76.6% in 2025, then climbed by 7 bps to 82.28% in 2026.
• Per Business Quant, the three latest FRME Gross Margin figures stand at 82.28% (Q1 2026), 76.6% (Q4 2025), and 76.24% (Q3 2025).