Ispire Technology (ISPR) Gross Margin (2022 - 2026)
Ispire Technology's (ISPR) quarterly Gross Margin came in at 10.65% in Q1 2026, down 758.0% year-on-year from 1.62% in Q1 2025, and down 37.79% on a QoQ basis 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.
- On a quarterly basis, Gross Margin fell 758.0% year-over-year to 10.65% in Q1 2026; TTM through Mar 2026 was 14.63%, a 661.0% decrease from a year earlier, with the FY2025 full-year figure at 17.77%, down 184.0% from the prior year.
- Gross Margin for Q1 2026 stood at 10.65%, down from 17.13% in the prior quarter.
- Over the last five years, Gross Margin for ISPR reached as high as 28.29% in Q2 2024 and fell as low as 10.65% in Q1 2026.
- Historically, Gross Margin has averaged 17.35% across 5 years, with a median of 17.13% in 2025.
- Across the five-year window, Gross Margin soared 837 bps in 2024 and slumped 1599 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 16.11% in 2022, then slipped by 7 bps to 15.0% in 2023, then climbed by 23 bps to 18.46% in 2024, then fell by 7 bps to 17.13% in 2025, then slumped by 38 bps to 10.65% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 10.65% in Q1 2026, 17.13% in Q4 2025, and 16.96% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 300.23 Bn | 294.78 Bn | 6.91 Bn | 68.06% |
| 2 | British American Tobacco p.l.c | 133.32 Bn | 128.01 Bn | - | - |
| 3 | Altria | 121.70 Bn | 118.17 Bn | 3.51 Bn | 64.59% |
| 4 | RLX Technology | 2.50 Bn | 1.83 Bn | 73.10 Mn | 31.80% |
| 5 | Turning Point Brands | 1.47 Bn | 1.43 Bn | 68.30 Mn | 54.95% |
| 6 | Universal | 1.35 Bn | 1.11 Bn | 98.47 Mn | 13.77% |
| 7 | Ispire Technology | 89.38 Mn | 71.30 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 42.81 Mn | 9.55 Mn | 10.40 Mn | 78.26% |
| 9 | VPR Brands | 11.01 Mn | 8.30 Mn | 138,574.00 | 23.89% |
| 10 | Greenlane Holdings | 8.50 Mn | -29.73 Mn | 217,000.00 | 48.44% |
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% |