Herbalife (HLF) Gross Margin (2009 - 2026)
Herbalife (HLF) reported Gross Margin of 77.9% for Q1 2026, down 39.0% on a YoY basis from 127.71% in Q1 2025, and little changed sequentially from 77.53% in Q4 2025.
Herbalife (HLF) Gross Margin (2009 - 2026) Analysis & Trends
Herbalife (HLF) has 18 years of Gross Margin data on file, last reported at 77.9% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 39.0% year-over-year to 77.9%; the trailing twelve-month figure through Mar 2026 stood at 77.78% (down 31.0% YoY), and the FY2025 full-year result was 77.87%, down 1.0% from the prior year.
- Gross Margin steadied at 77.9% in Q1 2026, 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.
- A 5-year average of 77.45% and a median of 77.53% in 2025 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin slumped 206 bps in 2022 and surged 200 bps in 2024, its largest moves.
- Tracing HLF's Gross Margin over 5 years: stood at 77.51% in 2022, then retreated by 2 bps to 76.33% in 2023, then grew by 2 bps to 77.84% in 2024, then retreated by 0 bps to 77.53% in 2025, then advanced by 0 bps to 77.9% in 2026.
- Business Quant data shows HLF's Gross Margin at 77.9% in Q1 2026, 77.53% in Q4 2025, and 77.69% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Kraft Heinz | 30.05 Bn | 26.07 Bn | 2.22 Bn | 36.70% |
| 2 | General Mills | 19.11 Bn | 18.67 Bn | 1.60 Bn | 34.79% |
| 3 | Hormel Foods | 13.78 Bn | 12.93 Bn | 518.51 Mn | 17.44% |
| 4 | Mccormick | 13.51 Bn | 13.76 Bn | 778.20 Mn | 40.18% |
| 5 | Magnum Ice Cream | 10.87 Bn | 10.35 Bn | - | - |
| 6 | Smithfield Foods | 10.26 Bn | 8.88 Bn | 511.00 Mn | 13.45% |
| 7 | Darling Ingredients | 10.06 Bn | 10.02 Bn | 404.92 Mn | 26.11% |
| 8 | Conagra Brands | 6.88 Bn | 6.66 Bn | 704.10 Mn | 24.43% |
| 9 | Lamb Weston Holdings | 6.84 Bn | 6.78 Bn | 361.40 Mn | 20.42% |
| 10 | Herbalife | 1.22 Bn | 776.22 Mn | 1.03 Bn | 77.90% |
Historic Data
Download Data| Date | Value |
|---|---|
| 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% |
| Jun 30, 2021 | 79.18% |