Happen (HAPN) Gross Margin (2020 - 2026)
Happen (HAPN) posted Gross Margin of 76.19% for Q2 2026, down 2.36% sequentially from 78.03% in Q1 2026, and down 1029.0% YoY from 8.2% in Q2 2025.
Happen (HAPN) Gross Margin (2020 - 2026) Analysis & Trends
Happen has reported Gross Margin for 7 years, with the latest figure at 76.19% in Q2 2026.
- Quarterly Gross Margin fell 1029.0% year-over-year to 76.19% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 80.49% (down 681.0% YoY) and the FY2025 annual result came in at 85.06%, down 218.0% from the prior year.
- Gross Margin slipped to 76.19% in Q2 2026 per HAPN's latest filing, from 78.03% in the prior quarter.
- Over five years, Gross Margin peaked at 90.26% in Q3 2023 and troughed at 76.19% in Q2 2026.
- A 5-year average of 85.21% and a median of 86.53% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2023 and 2026: Gross Margin jumped 833 bps in 2023, then slumped 1029 bps in 2026.
- Over 5 years, Gross Margin stood at 86.62% in 2022, then climbed by 1 bps to 87.36% in 2023, then advanced by 2 bps to 89.22% in 2024, then fell by 7 bps to 82.86% in 2025, then slipped by 8 bps to 76.19% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 76.19%, 78.03%, and 82.86% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Hdfc Bank | 120.94 Bn | 84.74 Bn | - | - |
| 2 | Pnc Financial Services | 97.67 Bn | 97.67 Bn | - | - |
| 3 | Us Bancorp | 95.73 Bn | 95.73 Bn | - | - |
| 4 | Lloyds Banking | 93.61 Bn | 93.91 Bn | - | - |
| 5 | NatWest | 74.76 Bn | -144.33 Bn | - | - |
| 6 | Deutsche Bank Aktiengesellschaft | 71.86 Bn | -81.45 Bn | - | - |
| 7 | Nu Holdings | 70.78 Bn | 57.09 Bn | 2.35 Bn | 42.56% |
| 8 | Truist Financial | 61.54 Bn | 61.54 Bn | - | - |
| 9 | Fifth Third Bancorp | 49.46 Bn | 25.73 Bn | - | - |
| 10 | Happen | 2.10 Bn | 1.19 Bn | 200.28 Mn | 76.19% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 76.19% |
| Mar 31, 2026 | 78.03% |
| Dec 31, 2025 | 82.86% |
| Sep 30, 2025 | 84.71% |
| Jun 30, 2025 | 86.48% |
| Mar 31, 2025 | 86.57% |
| Dec 31, 2024 | 89.22% |
| Sep 30, 2024 | 87.03% |
| Jun 30, 2024 | 85.76% |
| Mar 31, 2024 | 86.64% |
| Dec 31, 2023 | 87.36% |
| Sep 30, 2023 | 90.26% |
| Jun 30, 2023 | 89.70% |
| Mar 31, 2023 | 89.06% |
| Dec 31, 2022 | 86.62% |
| Sep 30, 2022 | 84.90% |
| Jun 30, 2022 | 81.37% |
| Mar 31, 2022 | 80.98% |
| Dec 31, 2021 | 75.11% |
| Sep 30, 2021 | 79.37% |