Boston Beer (SAM) Gross Margin (2010 - 2026)
Boston Beer's (SAM) quarterly Gross Margin came in at 47.12% in Q2 2026, up 35.0% YoY from 34.9% in Q2 2025, and up 1.65% on a QoQ basis from 46.35% in Q1 2026.
Boston Beer (SAM) Gross Margin (2010 - 2026) Analysis & Trends
Boston Beer (SAM) has 17 years of Gross Margin data on file, last reported at 47.12% in Q2 2026.
- Quarterly Gross Margin rose 35.0% year-over-year to 47.12% in Q2 2026, while the trailing twelve-month figure through Jun 2026 was 45.91% (up 217.0% YoY) and the FY2025 annual result came in at 45.64%, up 383.0% from the prior year.
- Gross Margin grew to 47.12% in Q2 2026, from 46.35% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 47.79% in Q3 2025 to a low of 34.77% in Q4 2022.
- A 5-year average of 41.72% and a median of 41.98% in 2024 frame the typical range for Gross Margin.
- The widest YoY moves for Gross Margin: up 1185 bps in 2022, down 509 bps in 2022.
- Tracing SAM's Gross Margin over 5 years: stood at 34.77% in 2022, then climbed by 2 bps to 35.43% in 2023, then gained by 6 bps to 37.43% in 2024, then gained by 10 bps to 41.0% in 2025, then advanced by 15 bps to 47.12% in 2026.
- The last three Gross Margin figures came in at 47.12% (Q2 2026), 46.35% (Q1 2026), and 41.0% (Q4 2025), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 2,224.41 Bn | 1,851.39 Bn | 252.83 Bn | 41.60% |
| 2 | Constellation Brands | 23.10 Bn | 23.00 Bn | 1.32 Bn | 50.98% |
| 3 | Molson Coors Beverage | 8.00 Bn | 5.87 Bn | 1.06 Bn | 29.50% |
| 4 | Boston Beer | 1.97 Bn | 1.71 Bn | 286.37 Mn | 47.12% |
| 5 | Ambev | 624,799.98 | -3.50 Bn | 2.29 Bn | 51.56% |
| 6 | Anheuser-Busch InBev | 157,405.59 | -7.66 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 27, 2026 | 47.12% |
| Mar 28, 2026 | 46.35% |
| Dec 27, 2025 | 41.00% |
| Sep 27, 2025 | 47.79% |
| Jun 28, 2025 | 46.77% |
| Mar 29, 2025 | 45.55% |
| Dec 28, 2024 | 37.43% |
| Sep 28, 2024 | 43.64% |
| Jun 29, 2024 | 43.38% |
| Mar 30, 2024 | 41.21% |
| Dec 30, 2023 | 35.43% |
| Sep 30, 2023 | 42.95% |
| Jul 1, 2023 | 42.75% |
| Apr 1, 2023 | 35.77% |
| Dec 31, 2022 | 34.77% |
| Sep 24, 2022 | 40.63% |
| Jun 25, 2022 | 40.57% |
| Mar 26, 2022 | 37.82% |
| Dec 25, 2021 | 26.70% |
| Sep 25, 2021 | 28.78% |