Gildan Activewear (GIL) Gross Margin (2009 - 2026)
Gildan Activewear (GIL) posted quarterly Gross Margin of 29.05% for Q2 2026, down 231.0% year-over-year from 22.18% in Q2 2025, and up 21.7% quarter-over-quarter from 23.87% in Q1 2026.
Gildan Activewear (GIL) Gross Margin (2009 - 2026) Analysis & Trends
Gildan Activewear (GIL) has reported Gross Margin for 18 consecutive years, with 29.05% the latest figure, recorded in Q2 2026.
- In Q2 2026, Gross Margin fell 231.0% year-over-year to 29.05%; the TTM figure through Jun 2026 stood at 29.34% (down 184.0% YoY), while the FY2025 annual figure was 31.22%, up 53.0% from the prior year.
- Gross Margin improved to 29.05% in Q2 2026 per GIL's latest filing, from 23.87% in the prior quarter.
- Across five years, Gross Margin topped out at 32.61% in Q1 2023 and bottomed at 23.87% in Q1 2026.
- Historically, Gross Margin has averaged 29.56% across 5 years, with a median of 30.22% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin jumped 670 bps — and 2026, when it sank 731 bps.
- Gildan Activewear's Gross Margin stood at 29.67% in 2022, then gained by 2 bps to 30.22% in 2023, then gained by 2 bps to 30.79% in 2024, then dropped by 6 bps to 28.93% in 2025, then advanced by 0 bps to 29.05% in 2026.
- Business Quant data shows GIL's Gross Margin at 29.05% in Q2 2026, 23.87% in Q1 2026, and 28.93% in Q4 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ralph Lauren | 22.40 Bn | 20.45 Bn | 1.44 Bn | 73.69% |
| 2 | Gildan Activewear | 10.27 Bn | 10.00 Bn | 459.76 Mn | 29.05% |
| 3 | Levi Strauss | 8.21 Bn | 7.24 Bn | 979.10 Mn | 62.68% |
| 4 | V F | 5.48 Bn | 4.81 Bn | 917.04 Mn | 54.93% |
| 5 | Kontoor Brands | 4.35 Bn | 4.30 Bn | 328.26 Mn | 56.18% |
| 6 | Ermenegildo Zegna | 3.54 Bn | 3.19 Bn | - | - |
| 7 | Pvh | 3.49 Bn | 2.90 Bn | 1.19 Bn | 58.57% |
| 8 | Columbia Sportswear | 3.04 Bn | 2.42 Bn | 358.43 Mn | 58.34% |
| 9 | Figs | 2.39 Bn | 2.09 Bn | 147.86 Mn | 75.20% |
| 10 | Under Armour | 2.19 Bn | 1.80 Bn | 593.83 Mn | 54.09% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 28, 2026 | 29.05% |
| Mar 29, 2026 | 23.87% |
| Dec 28, 2025 | 28.93% |
| Sep 28, 2025 | 32.19% |
| Jun 29, 2025 | 31.36% |
| Mar 30, 2025 | 31.19% |
| Dec 29, 2024 | 30.79% |
| Sep 29, 2024 | 31.15% |
| Jun 30, 2024 | 30.38% |
| Mar 31, 2024 | 30.34% |
| Dec 31, 2023 | 30.22% |
| Sep 30, 2023 | 27.50% |
| Jun 30, 2023 | 25.77% |
| Mar 31, 2023 | 26.70% |
| Jan 1, 2023 | 32.61% |
| Sep 30, 2022 | 29.67% |
| Jun 30, 2022 | 29.59% |
| Mar 31, 2022 | 31.02% |
| Jan 2, 2022 | 29.23% |
| Sep 30, 2021 | 35.14% |