Ispire Technology (ISPR) Gross Margin (2022 - 2026)
Ispire Technology (ISPR) posted quarterly 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 reported Gross Margin for 5 consecutive years, with 10.65% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 758.0% year-over-year to 10.65%; the TTM figure through Mar 2026 stood at 14.63% (down 661.0% YoY), while the FY2025 annual figure was 17.77%, down 184.0% from the prior year.
- Gross Margin slipped to 10.65% in Q1 2026 per ISPR's latest filing, from 17.13% in the prior quarter.
- Across five years, Gross Margin topped out at 28.29% in Q2 2024 and bottomed at 10.65% in Q1 2026.
- Historically, Gross Margin has averaged 17.35% across 5 years, with a median of 17.13% in 2025.
- Annual changes were most pronounced in 2024 — Gross Margin surged 837 bps — and 2025, when it plunged 1599 bps.
- Ispire Technology's Gross Margin stood at 16.11% in 2022, then retreated by 7 bps to 15.0% in 2023, then gained by 23 bps to 18.46% in 2024, then dropped by 7 bps to 17.13% in 2025, then slumped 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.
Powered by 
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Philip Morris International | 298.83 Bn | 292.83 Bn | 7.66 Bn | 68.43% |
| 2 | British American Tobacco p.l.c | 122.98 Bn | 119.29 Bn | - | - |
| 3 | Altria | 111.97 Bn | 109.61 Bn | 3.82 Bn | 62.51% |
| 4 | RLX Technology | 2.22 Bn | 1.48 Bn | 52.74 Mn | 35.41% |
| 5 | Turning Point Brands | 1.73 Bn | 1.46 Bn | 93.70 Mn | 65.55% |
| 6 | Universal | 1.15 Bn | 869.50 Mn | 83.09 Mn | 15.86% |
| 7 | Ispire Technology | 87.09 Mn | 67.86 Mn | 1.99 Mn | 10.65% |
| 8 | Rythm | 45.53 Mn | 3.62 Mn | 18.54 Mn | 80.52% |
| 9 | Greenlane Holdings | 14.10 Mn | -10.40 Mn | 32,000.00 | 39.02% |
| 10 | VPR Brands | 9.14 Mn | 6.80 Mn | 161,075.00 | 22.89% |
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% |