Pricesmart (PSMT) Gross Margin (2010 - 2026)
Pricesmart's (PSMT) quarterly Gross Margin came in at 17.7% in Q2 2026, up 26.0% YoY from 14.04% in Q2 2025, and little changed on a QoQ basis from 17.72% in Q1 2026.
Pricesmart (PSMT) Gross Margin (2010 - 2026) Analysis & Trends
Pricesmart (PSMT) has 16 years of Gross Margin data on file, last reported at 17.7% in Q2 2026.
- Quarterly Gross Margin rose 26.0% year-over-year to 17.7% in Q2 2026, while the trailing twelve-month figure through May 2026 was 17.63% (up 5887.0% YoY) and the FY2025 annual result came in at 17.35%, up 11.0% from the prior year.
- Gross Margin was little changed at 17.7% in Q2 2026, from 17.72% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 100.0% in Q1 2022 to a low of 229.38% in Q3 2024.
- A 5-year average of 35.55% and a median of 17.74% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2024 — Gross Margin slumped 24448 bps — and 2025, when it jumped 24680 bps.
- Tracing PSMT's Gross Margin over 5 years: stood at 99.05% in 2022, then gained by 0 bps to 99.18% in 2023, then sank by 82 bps to 17.41% in 2024, then advanced by 1 bps to 17.67% in 2025, then advanced by 0 bps to 17.7% in 2026.
- The last three Gross Margin figures came in at 17.7% (Q2 2026), 17.72% (Q1 2026), and 17.67% (Q4 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Walmart | 828.54 Bn | 817.81 Bn | 44.69 Bn | 25.14% |
| 2 | Costco Wholesale | 414.96 Bn | 394.96 Bn | 9.01 Bn | 12.77% |
| 3 | Target | 72.00 Bn | 68.46 Bn | 7.38 Bn | 29.01% |
| 4 | Dollar General | 26.64 Bn | 25.29 Bn | 3.41 Bn | 31.62% |
| 5 | Dollar Tree | 25.25 Bn | 24.24 Bn | 1.83 Bn | 36.87% |
| 6 | BJ's Wholesale Club Holdings | 11.76 Bn | 11.73 Bn | 1.03 Bn | 18.16% |
| 7 | Bbb Foods | 5.91 Bn | 5.23 Bn | 250.62 Mn | 16.75% |
| 8 | Pricesmart | 5.12 Bn | 4.80 Bn | 262.22 Mn | 17.70% |
| 9 | Ollie's Bargain Outlet Holdings | 4.56 Bn | 4.31 Bn | 275.96 Mn | 41.88% |
Historic Data
Download Data| Date | Value |
|---|---|
| May 31, 2026 | 17.70% |
| Feb 28, 2026 | 17.72% |
| Nov 30, 2025 | 17.67% |
| Aug 31, 2025 | 17.42% |
| May 31, 2025 | 17.43% |
| Feb 28, 2025 | 17.14% |
| Nov 30, 2024 | 17.41% |
| Aug 31, 2024 | -229.38% |
| May 31, 2024 | 17.95% |
| Feb 29, 2024 | 17.75% |
| Nov 30, 2023 | 99.18% |
| Aug 31, 2023 | 15.10% |
| May 31, 2023 | 99.45% |
| Feb 28, 2023 | 99.43% |
| Nov 30, 2022 | 99.05% |
| Aug 31, 2022 | 98.83% |
| May 31, 2022 | 100.00% |
| Feb 28, 2022 | 100.00% |
| Aug 31, 2020 | 17.23% |
| May 31, 2020 | 15.90% |