Ispire Technology (ISPR) Gross Margin (2022 - 2026)
Ispire Technology (ISPR) reported Gross Margin of 10.65% for Q1 2026, down 758.0% year-over-year from 1.62% in Q1 2025, and down 37.79% quarter-over-quarter from 17.13% in Q4 2025.
Ispire Technology (ISPR) Gross Margin (2022 - 2026) Analysis & Trends
Ispire Technology (ISPR) has 5 years of Gross Margin data on file, last reported at 10.65% in Q1 2026.
- Gross Margin for Q1 2026 came in at 10.65%, down 758.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 14.63% (down 661.0% YoY), and the FY2025 annual result was 17.77%, down 184.0% from the prior year.
- Gross Margin declined to 10.65% in Q1 2026 per ISPR's latest filing, from 17.13% in the prior quarter.
- Over five years, Gross Margin peaked at 28.29% in Q2 2024 and troughed at 10.65% in Q1 2026.
- A 5-year average of 17.35% and a median of 17.13% in 2025 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2024 and 2025: Gross Margin surged 837 bps in 2024, then plunged 1599 bps in 2025.
- A 5-year view of Gross Margin shows it stood at 16.11% in 2022, then fell by 7 bps to 15.0% in 2023, then rose by 23 bps to 18.46% in 2024, then slipped by 7 bps to 17.13% in 2025, then sank by 38 bps to 10.65% in 2026.
- Business Quant data shows ISPR's Gross Margin at 10.65% in Q1 2026, 17.13% in Q4 2025, and 16.96% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 277.78 Bn | 274.30 Bn | 6.91 Bn | 68.06% |
| 2 | Altria | 120.77 Bn | 117.29 Bn | 3.51 Bn | 64.59% |
| 3 | British American Tobacco p.l.c | 45.84 Bn | 40.53 Bn | - | - |
| 4 | Turning Point Brands | 1.66 Bn | 1.49 Bn | 68.30 Mn | 54.95% |
| 5 | Universal | 1.35 Bn | 1.30 Bn | 98.47 Mn | 13.77% |
| 6 | RLX Technology | 355.86 Mn | -269.04 Mn | 73.10 Mn | 31.80% |
| 7 | Ispire Technology | 97.40 Mn | 79.11 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 54.37 Mn | 21.11 Mn | 10.40 Mn | 78.26% |
| 9 | Greenlane Holdings | 11.69 Mn | -26.54 Mn | 217,000.00 | 48.44% |
| 10 | 22nd Century | 2.50 Mn | -7.04 Mn | -636,000.00 | -15.49% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 10.65% |
| Dec 31, 2025 | 17.13% |
| Sep 30, 2025 | 16.96% |
| Jun 30, 2025 | 12.30% |
| Mar 31, 2025 | 18.24% |
| Dec 31, 2024 | 18.46% |
| Sep 30, 2024 | 19.51% |
| Jun 30, 2024 | 28.29% |
| Mar 31, 2024 | 20.40% |
| Dec 31, 2023 | 15.00% |
| Sep 30, 2023 | 15.97% |
| Jun 30, 2023 | 19.92% |
| Mar 31, 2023 | 18.73% |
| Dec 31, 2022 | 16.11% |
| Sep 30, 2022 | 17.79% |
| Jun 30, 2022 | 13.82% |
| Mar 31, 2022 | 15.65% |