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