Growth Metrics

Herbalife (HLF) Gross Margin (2016 - 2026)

Herbalife's Gross Margin history spans 17 years, with the latest figure at 77.53% for Q4 2025.

  • On a quarterly basis, Gross Margin fell 32.0% to 77.53% in Q4 2025 year-over-year; TTM through Dec 2025 was 77.87%, a 1.0% decrease, with the full-year FY2025 number at 77.87%, down 1.0% from a year prior.
  • Gross Margin hit 77.53% in Q4 2025 for Herbalife, roughly flat from 77.69% in the prior quarter.
  • Over the last five years, Gross Margin for HLF hit a ceiling of 79.18% in Q2 2021 and a floor of 76.15% in Q1 2023.
  • Historically, Gross Margin has averaged 77.66% across 5 years, with a median of 77.61% in 2025.
  • Biggest five-year swings in Gross Margin: tumbled -206bps in 2022 and later skyrocketed 200bps in 2024.
  • Tracing HLF's Gross Margin over 5 years: stood at 77.5% in 2021, then rose by 0bps to 77.51% in 2022, then fell by -2bps to 76.33% in 2023, then rose by 2bps to 77.84% in 2024, then fell by 0bps to 77.53% in 2025.
  • Business Quant data shows Gross Margin for HLF at 77.53% in Q4 2025, 77.69% in Q3 2025, and 78.01% in Q2 2025.