Movado (MOV) Operating Margin (2010 - 2026)

Movado (MOV) posted Operating Margin of 7.21% for Q1 2026, up 14.4% sequentially from 6.3% in Q4 2025, and up 212.0% YoY from 2.31% in Q1 2025.

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

Movado has reported Operating Margin for 17 years, with the latest figure at 7.21% in Q1 2026.

Quarterly Operating Margin rose 212.0% year-over-year to 7.21% in Q1 2026, while the trailing twelve-month figure through Jan 2026 was 4.44% (up 138.0% YoY) and the FY2026 annual result came in at 4.44%, up 138.0% from the prior year.
Operating Margin climbed to 7.21% in Q1 2026 per MOV's latest filing, from 6.3% in the prior quarter.
Over five years, Operating Margin peaked at 18.55% in Q1 2022 and troughed at 0.22% in Q2 2025.
A 5-year average of 8.07% and a median of 6.3% in 2025 frame the typical range for Operating Margin.
The sharpest annual moves came in 2022 and 2023: Operating Margin surged 564 bps in 2022, then sank 1178 bps in 2023.
Over 5 years, Operating Margin stood at 18.1% in 2022, then tumbled by 45 bps to 9.87% in 2023, then plunged by 66 bps to 3.34% in 2024, then soared by 88 bps to 6.3% in 2025, then increased by 14 bps to 7.21% in 2026.
According to Business Quant data, Operating Margin over the past three periods registered 7.21%, 6.3%, and 2.48% for Q1 2026, Q4 2025, and Q3 2025 respectively.

#	Company	Market Cap	Enterprise Value	Gross Profit (Qtr)	Operating Margin (Qtr)
1	Tapestry	26.15 Bn	24.99 Bn	1.56 Bn	23.57%
2	Signet Jewelers	3.73 Bn	3.13 Bn	556.50 Mn	2.38%
3	Capri Holdings	1.87 Bn	1.73 Bn	-	-
4	TheRealReal	1.33 Bn	1.22 Bn	143.20 Mn	-1.19%
5	LuxExperience B.V	1.07 Bn	703.47 Mn	329.37 Mn	-4.81%
6	Movado	805.20 Mn	574.66 Mn	103.63 Mn	7.21%
7	Envela	419.96 Mn	376.52 Mn	13.38 Mn	8.99%
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	0.39%

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