Growth Metrics

HWH International (HWH) Gross Margin (2023 - 2025)

HWH International's Gross Margin history spans 3 years, with the latest figure at 72.69% for Q4 2025.

  • For Q4 2025, Gross Margin rose 3306.0% year-over-year to 72.69%; the TTM value through Dec 2025 reached 83.41%, up 3540.0%, while the annual FY2025 figure was 53.03%, 502.0% up from the prior year.
  • Gross Margin reached 72.69% in Q4 2025 per HWH's latest filing, up from 59.77% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 72.69% in Q4 2025 to a low of 718.6% in Q1 2025.
  • Average Gross Margin over 3 years is 15.41%, with a median of 53.33% recorded in 2023.
  • The largest YoY upside for Gross Margin was 3306bps in 2025 against a maximum downside of -77568bps in 2025.
  • A 3-year view of Gross Margin shows it stood at 53.33% in 2023, then fell by -26bps to 39.63% in 2024, then soared by 83bps to 72.69% in 2025.
  • Per Business Quant, the three most recent readings for HWH's Gross Margin are 72.69% (Q4 2025), 59.77% (Q3 2025), and 47.97% (Q2 2025).