Here (HERE) Net Margin (2021 - 2025)
Here (HERE) posted Net Margin of 228.13% for fiscal Q1 2026 (quarter ended Sep 30, 2025), up 218.17 percentage points from 9.96% a year earlier and up 210.30 percentage points from the prior quarter.
Here (HERE) Net Margin (2021 - 2025) Analysis & Trends
For the trailing twelve months through Sep 30, 2025, Net Margin at Here was 28.13%, up 17.54 percentage points year-over-year; for FY2025 (ended Jun 30, 2025), it came in at 13.16%, up 3.00 percentage points from FY2024.
- Annual Net Margin has increased for four consecutive fiscal years, with a four-year change of +30.39 percentage points (FY2021 to FY2025).
- In prior fiscal years, Here's Net Margin was 10.16% in FY2024 (+14.90 pp), -4.74% in FY2023 (+2.94 pp), -7.69% in FY2022 (+9.54 pp) and -17.23% in FY2021.
- The fiscal Q1 2026 figure stands as the highest quarterly Net Margin in data going back to fiscal Q2 2022.
- On a year-over-year basis, Net Margin increased in six of the last eight quarters, with an average year-over-year change of +31.41 percentage points.
- The strongest year-over-year quarter for Net Margin in the past five years was fiscal Q1 2026, with a gain of 218.17 percentage points; the weakest was fiscal Q2 2023, with a drop of 6.88 percentage points.
- According to Business Quant data, Net Margin for the three prior fiscal quarters was 17.83% (Q4 2025), 6.63% (Q3 2025) and 18.16% (Q2 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 15.40 Bn | 11.45 Bn | 1.07 Bn | 1.02% |
| 2 | Hasbro | 12.62 Bn | 8.41 Bn | 867.20 Mn | 14.12% |
| 3 | Acushnet Holdings | 4.89 Bn | 4.64 Bn | 445.83 Mn | 15.22% |
| 4 | Mattel | 3.81 Bn | 486.56 Mn | 542.12 Mn | -1.62% |
| 5 | YETI Holdings | 3.16 Bn | 2.48 Bn | 322.52 Mn | 14.74% |
| 6 | Callaway Golf | 2.55 Bn | 8.09 Mn | 306.70 Mn | 12.28% |
| 7 | Peloton Interactive | 2.11 Bn | -2.51 Bn | 344.40 Mn | 10.14% |
| 8 | Unusual Machines | 1.19 Bn | 731.45 Mn | 5.80 Mn | -46.55% |
| 9 | Sturm Ruger | 671.09 Mn | 275.09 Mn | 33.74 Mn | 4.42% |
| 10 | Here | 89.25 Mn | -277.56 Mn | 4.86 Mn | - |
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 228.13% |
| Jun 30, 2025 | 17.83% |
| Mar 31, 2025 | 6.63% |
| Dec 31, 2024 | 18.16% |
| Sep 30, 2024 | 9.96% |
| Jun 30, 2024 | 19.36% |
| Mar 31, 2024 | 1.55% |
| Dec 31, 2023 | 10.97% |
| Sep 30, 2023 | 7.67% |
| Jun 30, 2023 | 6.37% |
| Mar 31, 2023 | 2.69% |
| Dec 31, 2022 | 2.77% |
| Sep 30, 2022 | -16.19% |
| Jun 30, 2022 | -33.22% |
| Mar 31, 2022 | 3.57% |
| Dec 31, 2021 | 9.65% |
Here Net Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=net-margin&ticker=HERE&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-margin", "ticker": "HERE", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=net-margin&ticker=HERE&period=max&api_key=YOUR_API_KEY");
const data = await res.json();