Here (HERE) Net Margin (2021 - 2025)
Here (HERE) recorded quarterly Net Margin of 21.1% in Q3 2025, down 570.09% on a QoQ basis from 3.15% in Q2 2025, and down 3105.0% year-over-year from 0.7% in Q3 2024.
Here (HERE) Net Margin (2021 - 2025) Analysis & Trends
Here has disclosed Net Margin across 5 years of filings, most recently posting 21.1% for Q3 2025.
- Quarterly Net Margin fell 3105.0% year-over-year to 21.1% in Q3 2025, while the trailing twelve-month figure through Sep 2025 was 5.95% (down 464.0% YoY) and the FY2025 annual result came in at 13.16%, up 201.0% from the prior year.
- Net Margin declined to 21.1% in Q3 2025, from 3.15% in the prior quarter.
- Over five years, Net Margin peaked at 19.36% in Q2 2024 and troughed at 33.22% in Q2 2022.
- A 5-year average of 0.59% and a median of 4.8% in 2022 frame the typical range for Net Margin.
- Annual changes were most pronounced in 2023 — Net Margin jumped 3960 bps — and 2025, when it plunged 3105 bps.
- Tracing HERE's Net Margin over 5 years: stood at 8.66% in 2021, then tumbled by 173 bps to 6.34% in 2022, then jumped by 273 bps to 10.97% in 2023, then soared by 65 bps to 18.16% in 2024, then sank by 216 bps to 21.1% in 2025.
- Business Quant data shows HERE's Net Margin at 21.1% in Q3 2025, 3.15% in Q2 2025, and 6.63% in Q1 2025.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Amer Sports | 19,630,355.93 Bn | 19,630,355.28 Bn | 1.17 Bn | 8.46% |
| 2 | Hasbro | 11.86 Bn | 10.53 Bn | 764.10 Mn | 19.95% |
| 3 | Life Time Group Holdings | 7.22 Bn | 7.10 Bn | 382.00 Mn | 11.17% |
| 4 | Acushnet Holdings | 5.62 Bn | 5.57 Bn | 355.26 Mn | 10.78% |
| 5 | Mattel | 4.31 Bn | 3.44 Bn | 386.78 Mn | 6.67% |
| 6 | Planet Fitness | 4.05 Bn | 3.58 Bn | 291.90 Mn | 15.79% |
| 7 | YETI Holdings | 3.97 Bn | 3.79 Bn | 340.87 Mn | 9.98% |
| 8 | Callaway Golf | 2.93 Bn | 2.43 Bn | 326.70 Mn | 2.65% |
| 9 | Onespaworld Holdings | 2.44 Bn | 2.43 Bn | 209.81 Mn | 8.61% |
| 10 | Here | - | - | 7.86 Mn | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2025 | -21.10% |
| Jun 30, 2025 | -3.15% |
| 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 | -3.17% |
| Dec 31, 2022 | -6.34% |
| Sep 30, 2022 | -16.19% |
| Jun 30, 2022 | -33.22% |
| Mar 31, 2022 | 3.23% |
| Dec 31, 2021 | 8.66% |