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| Date | Value |
|---|---|
| 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% |