HWH International (HWH) Gross Margin (2024 - 2026)

HWH International (HWH) reported Gross Margin of 73.66% for Q1 2026, up 2366.0% on a YoY basis from 2.99% in Q1 2025, and up 1.33% quarter-over-quarter from 72.69% in Q4 2025.

HWH International (HWH) Gross Margin (2024 - 2026) Analysis & Trends

HWH International has reported Gross Margin for 3 years, with the latest figure at 73.66% in Q1 2026.

  • For the quarter ending Q1 2026, Gross Margin rose 2366.0% year-over-year to 73.66%; the trailing twelve-month figure through Mar 2026 stood at 56.52% (up 1010.0% YoY), and the FY2025 full-year result was 53.03%, up 502.0% from the prior year.
  • Gross Margin for Q1 2026 stood at 73.66%, up from 72.69% in the prior quarter.
  • The five-year high for Gross Margin was 73.66% in Q1 2026, with the low at 39.63% in Q4 2024.
  • Historically, Gross Margin has averaged 55.15% across 3 years, with a median of 50.0% in 2025.
  • The largest YoY upside for Gross Margin was 3306 bps in 2025 against a maximum downside of 708 bps in 2025.
  • HWH International's Gross Margin stood at 39.63% in 2024, then jumped by 83 bps to 72.69% in 2025, then increased by 1 bps to 73.66% in 2026.
  • The last three Gross Margin figures came in at 73.66% (Q1 2026), 72.69% (Q4 2025), and 59.77% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amer Sports 19,630,355.93 Bn 19,630,355.28 Bn 1.17 Bn 59.90%
2 Hasbro 11.86 Bn 10.53 Bn 764.10 Mn 76.39%
3 Life Time Group Holdings 7.22 Bn 7.10 Bn 382.00 Mn 48.43%
4 Acushnet Holdings 5.62 Bn 5.57 Bn 355.26 Mn 47.18%
5 Mattel 4.31 Bn 3.44 Bn 386.78 Mn 44.86%
6 Planet Fitness 4.05 Bn 3.58 Bn 291.90 Mn 86.56%
7 YETI Holdings 3.97 Bn 3.79 Bn 340.87 Mn 58.40%
8 Callaway Golf 2.93 Bn 2.43 Bn 326.70 Mn 47.52%
9 Onespaworld Holdings 2.44 Bn 2.43 Bn 209.81 Mn 84.73%
10 HWH International 9.12 Mn 7.71 Mn 47,288.00 73.66%

Historic Data

Download Data
DateValue
Mar 31, 2026 73.66%
Dec 31, 2025 72.69%
Sep 30, 2025 59.77%
Jun 30, 2025 47.97%
Mar 31, 2025 50.00%
Dec 31, 2024 39.63%
Sep 30, 2024 46.27%
Jun 30, 2024 49.25%
Mar 31, 2024 57.07%