Levi Strauss (LEVI) Gross Margin (2010 - 2026)
Levi Strauss (LEVI) reported Gross Margin of 61.88% for Q1 2026, down 18.0% on a YoY basis from 75.47% in Q1 2025, and up 1.86% quarter-over-quarter from 60.75% in Q4 2025.
Levi Strauss (LEVI) Gross Margin (2010 - 2026) Analysis & Trends
Levi Strauss has reported Gross Margin for 17 years, with the latest figure at 61.88% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 18.0% year-over-year to 61.88%; the trailing twelve-month figure through Mar 2026 stood at 61.69% (up 25.0% YoY), and the FY2025 full-year result was 61.73%, up 110.0% from the prior year.
- Gross Margin for Q1 2026 stood at 61.88%, up from 60.75% in the prior quarter.
- The five-year high for Gross Margin was 62.64% in Q2 2025, with the low at 55.56% in Q3 2023.
- Historically, Gross Margin has averaged 59.55% across 5 years, with a median of 60.56% in 2024.
- The largest YoY upside for Gross Margin was 503 bps in 2023 against a maximum downside of 349 bps in 2023.
- Levi Strauss' Gross Margin stood at 55.85% in 2022, then climbed by 9 bps to 60.88% in 2023, then gained by 1 bps to 61.77% in 2024, then decreased by 2 bps to 60.75% in 2025, then rose by 2 bps to 61.88% in 2026.
- The last three Gross Margin figures came in at 61.88% (Q1 2026), 60.75% (Q4 2025), and 61.66% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Ermenegildo Zegna | 179,116.29 Bn | 179,116.03 Bn | - | - |
| 2 | Ralph Lauren | 25.18 Bn | 23.12 Bn | 1.38 Bn | 69.68% |
| 3 | Levi Strauss | 9.24 Bn | 8.43 Bn | 1.08 Bn | 61.88% |
| 4 | V F | 6.76 Bn | 6.55 Bn | 1.22 Bn | 56.41% |
| 5 | Kontoor Brands | 4.31 Bn | 4.20 Bn | 470.76 Mn | 46.24% |
| 6 | Pvh | 3.56 Bn | 2.96 Bn | 1.19 Bn | 58.57% |
| 7 | Columbia Sportswear | 3.50 Bn | 2.96 Bn | 394.96 Mn | 50.70% |
| 8 | Under Armour | 2.51 Bn | 1.60 Bn | 492.04 Mn | 42.01% |
| 9 | Figs | 2.04 Bn | 1.77 Bn | 108.30 Mn | 67.73% |
| 10 | G Iii Apparel | 1.45 Bn | 1.06 Bn | 347.75 Mn | 64.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 1, 2026 | 61.88% |
| Nov 30, 2025 | 60.75% |
| Aug 31, 2025 | 61.66% |
| Jun 1, 2025 | 62.64% |
| Mar 2, 2025 | 62.06% |
| Dec 1, 2024 | 61.77% |
| Aug 25, 2024 | 60.56% |
| May 26, 2024 | 61.26% |
| Feb 25, 2024 | 58.76% |
| Nov 26, 2023 | 60.88% |
| Aug 27, 2023 | 55.56% |
| May 28, 2023 | 58.66% |
| Feb 26, 2023 | 55.79% |
| Nov 27, 2022 | 55.85% |
| Aug 28, 2022 | 56.87% |
| May 29, 2022 | 58.12% |
| Feb 27, 2022 | 59.29% |
| Nov 28, 2021 | 57.83% |
| Aug 29, 2021 | 57.57% |
| May 30, 2021 | 58.79% |