Ispire Technology (ISPR) Gross Margin (2022 - 2026)
Ispire Technology (ISPR) posted quarterly Gross Margin of 10.65% for Q1 2026, down 758.0% YoY from 1.62% in Q1 2025, and down 37.79% sequentially from 17.13% in Q4 2025.
Ispire Technology (ISPR) Gross Margin (2022 - 2026) Analysis & Trends
Ispire Technology has disclosed Gross Margin across 5 years of filings, most recently posting 10.65% for 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 retreated to 10.65% in Q1 2026, 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.
- The 5-year median for Gross Margin is 17.13% (2025), against an average of 17.35%.
- Annual changes were most pronounced in 2024 — Gross Margin surged 837 bps — and 2025, when it slumped 1599 bps.
- 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 tumbled by 38 bps to 10.65% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 10.65%, 17.13%, and 16.96% for Q1 2026, Q4 2025, and Q3 2025 respectively.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Altria | 66.91 Bn | 63.43 Bn | 3.51 Bn | 64.59% |
| 2 | RLX Technology | 2.38 Bn | 1.75 Bn | 73.10 Mn | 31.80% |
| 3 | Turning Point Brands | 1.68 Bn | 1.51 Bn | 68.30 Mn | 54.95% |
| 4 | Universal | 1.30 Bn | 1.29 Bn | 98.47 Mn | 13.77% |
| 5 | Ispire Technology | 65.31 Mn | 47.02 Mn | 1.99 Mn | 10.65% |
| 6 | Rythm | 54.80 Mn | 21.54 Mn | 10.40 Mn | 78.26% |
| 7 | Greenlane Holdings | 9.60 Mn | -28.63 Mn | 217,000.00 | 48.44% |
| 8 | VPR Brands | 4.59 Mn | 1.87 Mn | 138,574.00 | 23.89% |
| 9 | Lftd Partners | 2.96 Mn | 873,406.64 | -1.71 Mn | -18.63% |
| 10 | 22nd Century | 128,296.63 | -9.42 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% |