Pricesmart (PSMT) Gross Margin (2010 - 2026)
Pricesmart's (PSMT) quarterly Gross Margin came in at 17.7% in Q2 2026, up 26.0% on a YoY basis from 14.04% in Q2 2025, and little changed quarter-over-quarter from 17.72% in Q1 2026.
Analysis
Pricesmart (PSMT) Gross Margin (2010 - 2026) Analysis & Trends
Pricesmart (PSMT) has reported Gross Margin for 16 consecutive years, with 17.7% the latest figure, recorded in Q2 2026.
- For the quarter ending Q2 2026, Gross Margin rose 26.0% year-over-year to 17.7%; the trailing twelve-month figure through May 2026 stood at 17.63% (up 88.0% YoY), and the FY2025 full-year result was 17.35%, up 11.0% from the prior year.
- Gross Margin was little changed at 17.7% in Q2 2026 per PSMT's latest filing, from 17.72% in the prior quarter.
- Across five years, Gross Margin topped out at 18.56% in Q4 2022 and bottomed at 14.94% in Q3 2024.
- Historically, Gross Margin has averaged 17.4% across 5 years, with a median of 17.69% in 2026.
- The sharpest annual moves came in 2023 and 2025: Gross Margin tumbled 301 bps in 2023, then soared 248 bps in 2025.
- Over 5 years, Gross Margin stood at 18.56% in 2022, then slipped by 1 bps to 18.32% in 2023, then fell by 5 bps to 17.41% in 2024, then grew by 1 bps to 17.67% in 2025, then grew by 0 bps to 17.7% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 17.7%, 17.72%, and 17.67% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Costco Wholesale | 406.14 Bn | 386.15 Bn | 9.01 Bn | 12.77% |
| 2 | BJ's Wholesale Club Holdings | 11.78 Bn | 11.75 Bn | 1.11 Bn | 17.83% |
| 3 | Pricesmart | 5.37 Bn | 5.05 Bn | 262.22 Mn | 17.70% |
Historic Data
Download Data
Historic 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 | 14.94% |
| May 31, 2024 | 17.95% |
| Feb 29, 2024 | 17.75% |
| Nov 30, 2023 | 18.32% |
| Aug 31, 2023 | 15.10% |
| May 31, 2023 | 17.33% |
| Feb 28, 2023 | 17.92% |
| Nov 30, 2022 | 18.56% |
| Aug 31, 2022 | 18.11% |
| May 31, 2022 | 16.88% |
| Feb 28, 2022 | 17.81% |
| Aug 31, 2020 | 17.23% |
| May 31, 2020 | 15.90% |