Petmed Express (PETS) Gross Margin (2010 - 2026)
Petmed Express (PETS) posted quarterly Gross Margin of 23.26% for Q4 2025, down 779.0% year-over-year from 3.43% in Q4 2024, and down 16.9% quarter-over-quarter from 27.98% in Q3 2025.
Petmed Express (PETS) Gross Margin (2010 - 2026) Analysis & Trends
Petmed Express' Gross Margin history runs 16 years deep, the most recent figure standing at 23.26% for Q4 2025.
- In Q4 2025, Gross Margin fell 779.0% year-over-year to 23.26%; the TTM figure through Dec 2025 stood at 27.53% (down 274.0% YoY), while the FY2025 annual figure was 30.46%, down 47.0% from the prior year.
- Gross Margin for Q4 2025 stood at 23.26%, down from 27.98% in the prior quarter.
- The five-year high for Gross Margin was 32.94% in Q2 2023, with the low at 23.26% in Q4 2025.
- The 5-year median for Gross Margin is 29.4% (2022), against an average of 29.59%.
- The sharpest annual moves came in 2022 and 2025: Gross Margin soared 335 bps in 2022, then tumbled 779 bps in 2025.
- Petmed Express' Gross Margin stood at 29.26% in 2021, then decreased by 1 bps to 28.95% in 2022, then rose by 5 bps to 30.51% in 2023, then grew by 2 bps to 31.04% in 2024, then retreated by 25 bps to 23.26% in 2025.
- Business Quant data shows PETS's Gross Margin at 23.26% in Q4 2025, 27.98% in Q3 2025, and 28.14% in Q2 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | High Tide | 215.72 Mn | 182.44 Mn | 35.30 Mn | 26.99% |
| 2 | BioScience Health Innovations | 46.85 Mn | 46.14 Mn | 659,483.00 | 63.63% |
| 3 | Petmed Express | 38.27 Mn | 25.17 Mn | 11.33 Mn | 27.63% |
| 4 | Scienture Holdings | 18.71 Mn | 18.71 Mn | 335,779.00 | 97.71% |
| 5 | Polomar Health Services | 8.48 Mn | 8.31 Mn | 935,916.00 | 61.22% |
| 6 | Ridgetech | 58,250.67 | -17.85 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 27.63% |
| Mar 31, 2026 | 32.56% |
| Dec 31, 2025 | 23.26% |
| Sep 30, 2025 | 27.98% |
| Jun 30, 2025 | 28.14% |
| Mar 31, 2025 | 29.94% |
| Dec 31, 2024 | 31.04% |
| Sep 30, 2024 | 32.34% |
| Jun 30, 2024 | 28.75% |
| Mar 31, 2024 | 29.34% |
| Dec 31, 2023 | 30.51% |
| Sep 30, 2023 | 30.60% |
| Jun 30, 2023 | 32.94% |
| Mar 31, 2023 | 31.62% |
| Dec 31, 2022 | 28.95% |
| Sep 30, 2022 | 31.87% |
| Jun 30, 2022 | 31.01% |
| Mar 31, 2022 | 29.46% |
| Dec 31, 2021 | 29.26% |
| Sep 30, 2021 | 28.58% |