Pricesmart (PSMT) Gross Margin (2010 - 2026)

Pricesmart has reported Gross Margin for 16 years, with the latest figure at 17.72% in Q1 2026.

• For the quarter ending Q1 2026, Gross Margin rose 59.0% year-over-year to 17.72%; the trailing twelve-month figure through Feb 2026 stood at 17.34% (up 5946.0% YoY), and the FY2025 full-year result was 17.35%, up 11.0% from the prior year.
• Gross Margin for Q1 2026 stood at 17.72%, roughly flat from 17.67% in the prior quarter.
• The five-year high for Gross Margin was 100.0% in Q3 2022, with the low at 229.38% in Q3 2024.
• Historically, Gross Margin has averaged 26.91% across 5 years, with a median of 17.72% in 2026.
• Annual changes were most pronounced in 2024 — Gross Margin slumped 24448 bps — and 2025, when it surged 24577 bps.
• Pricesmart's Gross Margin stood at 99.05% in 2022, then tumbled by 82 bps to 18.32% in 2023, then dropped by 5 bps to 17.41% in 2024, then advanced by 1 bps to 17.67% in 2025, then increased by 0 bps to 17.72% in 2026.
• The last three Gross Margin figures came in at 17.72% (Q1 2026), 17.67% (Q4 2025), and 16.39% (Q3 2025), per Business Quant data.