Movado (MOV) Gross Margin (2010 - 2026)

Movado (MOV) posted Gross Margin of 54.09% for Q1 2026, little changed sequentially from 54.29% in Q4 2025, and down 9.0% YoY from 59.44% in Q1 2025.

Movado (MOV) Gross Margin (2010 - 2026) Analysis & Trends

Movado has reported Gross Margin for 17 years, with the latest figure at 54.09% in Q1 2026.

Quarterly Gross Margin fell 9.0% year-over-year to 54.09% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 54.16% (up 11.0% YoY) and the FY2026 annual result came in at 54.16%, up 11.0% from the prior year.
Gross Margin was little changed at 54.09% in Q1 2026 per MOV's latest filing, from 54.29% in the prior quarter.
Over five years, Gross Margin peaked at 59.16% in Q2 2022 and troughed at 53.53% in Q4 2024.
A 5-year average of 55.42% and a median of 54.29% in 2025 frame the typical range for Gross Margin.
The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 412 bps in 2022, then slumped 310 bps in 2023.
Over 5 years, Gross Margin stood at 57.25% in 2022, then declined by 5 bps to 54.22% in 2023, then fell by 1 bps to 53.53% in 2024, then climbed by 1 bps to 54.29% in 2025, then retreated by 0 bps to 54.09% in 2026.
According to Business Quant data, Gross Margin over the past three periods registered 54.09%, 54.29%, and 54.11% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Gross Margin (Qtr)
1	Tapestry	26.15 Bn	24.99 Bn	1.56 Bn	83.32%
2	Signet Jewelers	3.73 Bn	3.13 Bn	556.50 Mn	35.82%
3	Capri Holdings	1.87 Bn	1.73 Bn	-	-
4	TheRealReal	1.33 Bn	1.22 Bn	143.20 Mn	74.36%
5	LuxExperience B.V	1.07 Bn	703.47 Mn	329.37 Mn	45.49%
6	Movado	805.20 Mn	574.66 Mn	103.63 Mn	54.09%
7	Envela	419.96 Mn	376.52 Mn	13.38 Mn	23.56%
8	Lanvin Group Holdings	132.35 Mn	94.30 Mn	-	-
9	AsiaStrategy	67.74 Mn	48.66 Mn	-	-
10	Brilliant Earth	22.13 Mn	-52.95 Mn	66.64 Mn	57.90%

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