Boston Beer (SAM) Gross Margin (2010 - 2026)
Boston Beer (SAM) posted quarterly Gross Margin of 47.12% for Q2 2026, up 35.0% year-on-year 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 reported Gross Margin for 17 consecutive years, with 47.12% the latest figure, recorded 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 improved to 47.12% in Q2 2026 per SAM's latest filing, from 46.35% in the prior quarter.
- Over the last five years, Gross Margin for SAM reached as high as 47.79% in Q3 2025 and fell as low as 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 largest YoY upside for Gross Margin was 1185 bps in 2022 against a maximum downside of 509 bps in 2022.
- Year by year, Gross Margin stood at 34.77% in 2022, then rose by 2 bps to 35.43% in 2023, then grew by 6 bps to 37.43% in 2024, then grew by 10 bps to 41.0% in 2025, then increased by 15 bps to 47.12% in 2026.
- According to Business Quant data, Gross Margin over the past three periods registered 47.12%, 46.35%, and 41.0% for Q2 2026, Q1 2026, and Q4 2025 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | United Breweries | 4,345.35 Bn | 3,704.13 Bn | 387.52 Bn | 47.29% |
| 2 | Mexican Economic Development | 1,212.02 Bn | 1,205.86 Bn | - | - |
| 3 | Anheuser-Busch InBev | 165.17 Bn | 152.95 Bn | 8.61 Bn | 55.37% |
| 4 | Ambev | 49.35 Bn | 45.58 Bn | 2.42 Bn | 52.63% |
| 5 | Constellation Brands | 23.17 Bn | 23.07 Bn | 1.32 Bn | 50.98% |
| 6 | Molson Coors Beverage | 8.11 Bn | 7.73 Bn | 897.20 Mn | 244.60% |
| 7 | Boston Beer | 1.95 Bn | 1.68 Bn | 286.37 Mn | 47.12% |
| 8 | NFiniTi | 720.00 Mn | 719.98 Mn | - | - |
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% |