Macy's (M) Gross Margin (2009 - 2026)
Macy's recorded quarterly Gross Margin of 41.77% in Q1 2026, up 5.96% quarter-over-quarter from 39.42% in Q4 2025, and up 1020.0% year-over-year from 3.73% in Q1 2025.
Macy's' Gross Margin history runs 18 years deep, the most recent figure standing at 41.77% for Q1 2026.
- In Q1 2026, Gross Margin rose 1020.0% year-over-year to 41.77%; the TTM figure through Jan 2026 stood at 40.84% (up 290.0% YoY), while the FY2026 annual figure was 40.33%, up 197.0% from the prior year.
- Gross Margin came in at 41.77% for Q1 2026 at Macy's, up from 39.42% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 42.51% in Q1 2022 to a low of 31.57% in Q1 2025.
- A 5-year average of 39.56% and a median of 39.94% in 2023 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 648 bps in 2023 and soared 1020 bps in 2026, its largest moves.
- Macy's' Gross Margin stood at 41.39% in 2022, then gained by 2 bps to 42.34% in 2023, then decreased by 2 bps to 41.59% in 2024, then fell by 5 bps to 39.42% in 2025, then rose by 6 bps to 41.77% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 41.77%, 39.42%, and 39.73% for Q1 2026, Q4 2025, and Q3 2025 respectively.