Global Industrial (GIC) Gross Margin (2010 - 2026)

Global Industrial has reported Gross Margin for 17 years, with the latest figure at 34.79% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin fell 13.0% year-over-year to 34.79%; the trailing twelve-month figure through Mar 2026 stood at 35.5% (up 100.0% YoY), and the FY2025 full-year result was 35.54%, up 120.0% from the prior year.
• Gross Margin for Q1 2026 stood at 34.79%, up from 34.46% in the prior quarter.
• The five-year high for Gross Margin was 37.35% in Q1 2022, with the low at 32.8% in Q3 2023.
• Historically, Gross Margin has averaged 35.05% across 5 years, with a median of 34.92% in 2025.
• Annual changes were most pronounced in 2022 — Gross Margin surged 657 bps — and 2023, when it sank 291 bps.
• Global Industrial's Gross Margin stood at 36.01% in 2022, then decreased by 6 bps to 33.8% in 2023, then climbed by 0 bps to 33.84% in 2024, then climbed by 2 bps to 34.46% in 2025, then climbed by 1 bps to 34.79% in 2026.
• The last three Gross Margin figures came in at 34.79% (Q1 2026), 34.46% (Q4 2025), and 35.63% (Q3 2025), per Business Quant data.