KPIs & Operating Metrics(New)

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

First Merchants (FRME) has disclosed Gross Margin for 10 consecutive years, with 169.98% as the latest value for Q1 2026.

  • For Q1 2026, Gross Margin rose 5604.0% year-over-year to 169.98%; the TTM value through Mar 2026 reached 193.96%, up 13656.0%, while the annual FY2025 figure was 130.25%, 20759.0% down from the prior year.
  • Gross Margin hit 169.98% in Q1 2026 for First Merchants, down from 120.97% in the prior quarter.
  • Across five years, Gross Margin topped out at 395.88% in Q4 2022 and bottomed at 516.93% in Q3 2023.
  • Average Gross Margin over 5 years is 34.67%, with a median of 68.22% recorded in 2024.
  • Year-over-year, Gross Margin surged 36350bps in 2022 and then crashed -58342bps in 2023.
  • First Merchants' Gross Margin stood at 395.88% in 2022, then tumbled by -72bps to 112.74% in 2023, then plummeted by -39bps to 68.22% in 2024, then skyrocketed by 77bps to 120.97% in 2025, then tumbled by -241bps to 169.98% in 2026.
  • According to Business Quant data, Gross Margin over the past three periods came in at 169.98%, 120.97%, and 93.25% for Q1 2026, Q4 2025, and Q3 2025 respectively.