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

HWH International's (HWH) quarterly Gross Margin came in at 31.72% in Q2 2026, up 1752.0% YoY from 1.71% in Q2 2025, and down 56.94% on a QoQ basis from 73.66% in Q1 2026.

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

HWH International (HWH) has 3 years of Gross Margin data on file, last reported at 31.72% in Q2 2026.

  • Quarterly Gross Margin rose 1752.0% year-over-year to 31.72% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 59.24% (up 2166.0% YoY) and the FY2025 annual result came in at 53.03%, up 502.0% from the prior year.
  • Gross Margin declined to 31.72% in Q2 2026, from 73.66% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 73.66% in Q1 2026 to a low of 14.2% in Q2 2025.
  • A 3-year average of 49.43% and a median of 49.62% in 2024 frame the typical range for Gross Margin.
  • The widest YoY moves for Gross Margin: up 3306 bps in 2025, down 3504 bps in 2025.
  • Tracing HWH's Gross Margin over 3 years: stood at 39.63% in 2024, then jumped by 83 bps to 72.69% in 2025, then tumbled by 56 bps to 31.72% in 2026.
  • The last three Gross Margin figures came in at 31.72% (Q2 2026), 73.66% (Q1 2026), and 72.69% (Q4 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Amer Sports 18.61 Bn 17.92 Bn 1.17 Bn 59.90%
2 Hasbro 13.64 Bn 12.26 Bn 867.20 Mn 76.10%
3 Life Time Group Holdings 9.88 Bn 9.65 Bn 412.26 Mn 47.61%
4 Acushnet Holdings 5.40 Bn 5.33 Bn 445.83 Mn 54.37%
5 Mattel 4.25 Bn 3.73 Bn 542.12 Mn 48.17%
6 Planet Fitness 3.74 Bn 3.34 Bn 300.73 Mn 82.34%
7 YETI Holdings 3.58 Bn 3.52 Bn 322.52 Mn 66.66%
8 Callaway Golf 3.01 Bn 2.73 Bn 306.70 Mn 50.10%
9 Onespaworld Holdings 2.75 Bn 2.70 Bn 84.35 Mn 32.29%
10 HWH International 12.55 Mn 10.93 Mn 20,364.00 31.72%

Historic Data

Download Data
DateValue
Jun 30, 2026 31.72%
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%