Herbalife (HLF) Gross Margin (2009 - 2026)
Herbalife's (HLF) quarterly Gross Margin came in at 77.67% in Q2 2026, down 34.0% year-over-year from 117.68% in Q2 2025, and little changed quarter-over-quarter from 77.9% in Q1 2026.
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Herbalife (HLF) Gross Margin (2009 - 2026) Analysis & Trends
Herbalife has disclosed Gross Margin across 18 years of filings, most recently posting 77.67% for Q2 2026.
- In Q2 2026, Gross Margin fell 34.0% year-over-year to 77.67%; the TTM figure through Jun 2026 stood at 77.7% (down 42.0% YoY), while the FY2025 annual figure was 77.87%, down 1.0% from the prior year.
- Gross Margin came in at 77.67% for Q2 2026 at Herbalife, roughly flat from 77.9% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 78.34% in Q3 2024 to a low of 76.15% in Q1 2023.
- Average Gross Margin over 5 years is 77.46%, with a median of 77.6% recorded in 2025.
- Year-over-year, Gross Margin tumbled 206 bps in 2022 and soared 200 bps in 2024.
- Over 5 years, Gross Margin stood at 77.51% in 2022, then decreased by 2 bps to 76.33% in 2023, then increased by 2 bps to 77.84% in 2024, then decreased by 0 bps to 77.53% in 2025, then climbed by 0 bps to 77.67% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 77.67% in Q2 2026, 77.9% in Q1 2026, and 77.53% in Q4 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Colgate Palmolive | 70.27 Bn | 68.90 Bn | 3.30 Bn | 61.48% |
| 2 | Kenvue | 34.17 Bn | 33.06 Bn | 2.30 Bn | 58.18% |
| 3 | Kimberly Clark | 32.86 Bn | 31.91 Bn | 1.60 Bn | 38.27% |
| 4 | Bath & Body Works | 3.85 Bn | 3.05 Bn | 692.00 Mn | 45.71% |
| 5 | Prestige Consumer Healthcare | 2.32 Bn | 2.26 Bn | - | - |
| 6 | Perrigo | 1.99 Bn | 1.59 Bn | 313.90 Mn | 30.69% |
| 7 | Herbalife | 1.32 Bn | 946.20 Mn | 1.03 Bn | 77.67% |
| 8 | Edgewell Personal Care | 1.24 Bn | 842.99 Mn | 242.50 Mn | 42.54% |
| 9 | TFA Therapeutics | 1.02 Bn | 1.02 Bn | - | - |
| 10 | Honest Company | 604.06 Mn | 498.16 Mn | 40.36 Mn | 48.45% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 77.67% |
| Mar 31, 2026 | 77.90% |
| Dec 31, 2025 | 77.53% |
| Sep 30, 2025 | 77.69% |
| Jun 30, 2025 | 78.01% |
| Mar 31, 2025 | 78.29% |
| Dec 31, 2024 | 77.84% |
| Sep 30, 2024 | 78.34% |
| Jun 30, 2024 | 77.90% |
| Mar 31, 2024 | 77.46% |
| Dec 31, 2023 | 76.33% |
| Sep 30, 2023 | 76.34% |
| Jun 30, 2023 | 77.05% |
| Mar 31, 2023 | 76.15% |
| Dec 31, 2022 | 77.51% |
| Sep 30, 2022 | 77.99% |
| Jun 30, 2022 | 77.32% |
| Mar 31, 2022 | 77.01% |
| Dec 31, 2021 | 77.50% |
| Sep 30, 2021 | 78.67% |