Movado (MOV) Gross Margin (2010 - 2026)

Movado's (MOV) quarterly Gross Margin came in at 54.09% in Q1 2026, down 9.0% year-on-year from 59.44% in Q1 2025, and little changed quarter-over-quarter from 54.29% in Q4 2025.

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

Movado has disclosed Gross Margin across 17 years of filings, most recently posting 54.09% for Q1 2026.

  • Gross Margin for Q1 2026 came in at 54.09%, down 9.0% year-over-year; the trailing twelve-month figure through Jan 2026 was 54.16% (up 11.0% YoY), and the FY2026 annual result was 54.16%, up 11.0% from the prior year.
  • Gross Margin came in at 54.09% for Q1 2026 at Movado, roughly flat from 54.29% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 59.16% in Q2 2022 to a low of 53.53% in Q4 2024.
  • The 5-year median for Gross Margin is 54.29% (2025), against an average of 55.42%.
  • Across the five-year window, Gross Margin surged 412 bps in 2022 and slumped 310 bps in 2023, its largest moves.
  • Movado's Gross Margin stood at 57.25% in 2022, then slipped by 5 bps to 54.22% in 2023, then dropped by 1 bps to 53.53% in 2024, then gained by 1 bps to 54.29% in 2025, then declined by 0 bps to 54.09% in 2026.
  • The last three Gross Margin figures came in at 54.09% (Q1 2026), 54.29% (Q4 2025), and 54.11% (Q3 2025), per Business Quant data.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Tapestry 29.56 Bn 28.49 Bn 1.48 Bn 76.88%
2 Signet Jewelers 3.64 Bn 2.76 Bn 985.10 Mn 42.01%
3 Capri Holdings 2.42 Bn 2.27 Bn 623.00 Mn 60.78%
4 TheRealReal 1.48 Bn 1.36 Bn 141.33 Mn 74.50%
5 Movado 851.68 Mn 622.56 Mn 103.63 Mn 54.09%
6 Envela 711.92 Mn 673.30 Mn 20.62 Mn 20.96%
7 LuxExperience B.V 18.43 Mn -337.64 Mn 329.37 Mn 45.49%
8 Brilliant Earth 17.08 Mn 18.33 Mn 54.07 Mn 54.34%
9 Lanvin Group Holdings 212,903.55 -35.02 Mn - -
10 Birks - - - -

Historic Data

Download Data
DateValue
Jan 31, 2026 54.09%
Oct 31, 2025 54.29%
Jul 31, 2025 54.11%
Apr 30, 2025 54.15%
Jan 31, 2025 54.19%
Oct 31, 2024 53.53%
Jul 31, 2024 54.30%
Apr 30, 2024 54.26%
Jan 31, 2024 53.54%
Oct 31, 2023 54.22%
Jul 31, 2023 55.39%
Apr 30, 2023 56.46%
Jan 31, 2023 56.00%
Oct 31, 2022 57.25%
Jul 31, 2022 58.49%
Apr 30, 2022 59.16%
Jan 31, 2022 58.67%
Oct 31, 2021 57.67%
Jul 31, 2021 56.62%
Apr 30, 2021 55.05%