Herbalife (HLF) Gross Margin (2009 - 2026)

Herbalife has disclosed Gross Margin across 18 years of filings, most recently posting 77.9% for Q1 2026.

• Gross Margin for Q1 2026 came in at 77.9%, down 39.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 77.78% (down 31.0% YoY), and the FY2025 annual result was 77.87%, down 1.0% from the prior year.
• Gross Margin came in at 77.9% for Q1 2026 at Herbalife, roughly flat from 77.53% 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.
• The 5-year median for Gross Margin is 77.53% (2025), against an average of 77.45%.
• Across the five-year window, Gross Margin plunged 206 bps in 2022 and surged 200 bps in 2024, its largest moves.
• Herbalife's 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 77.9% in 2026.
• The last three Gross Margin figures came in at 77.9% (Q1 2026), 77.53% (Q4 2025), and 77.69% (Q3 2025), per Business Quant data.