Treasure Global (TGL) Gross Margin (2021 - 2026)
Treasure Global's (TGL) quarterly Gross Margin came in at 0.43% in Q1 2026, down 7253.0% year-over-year from 0.01% in Q1 2025, and up 409.4% quarter-over-quarter from 0.08% in Q4 2025.
Analysis
Treasure Global (TGL) Gross Margin (2021 - 2026) Analysis & Trends
Treasure Global has disclosed Gross Margin across 6 years of filings, most recently posting 0.43% for Q1 2026.
- In Q1 2026, Gross Margin fell 7253.0% year-over-year to 0.43%; the TTM figure through Mar 2026 stood at 20.31% (down 4595.0% YoY), while the FY2025 annual figure was 71.65%, up 6795.0% from the prior year.
- Gross Margin came in at 0.43% for Q1 2026 at Treasure Global, up from 0.08% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 83.03% in Q3 2024 to a low of 0.07% in Q1 2022.
- Average Gross Margin over 5 years is 20.87%, with a median of 1.21% recorded in 2023.
- Year-over-year, Gross Margin jumped 8182 bps in 2024 and slumped 8232 bps in 2025.
- Over 5 years, Gross Margin stood at 1.14% in 2022, then jumped by 350 bps to 5.15% in 2023, then surged by 1341 bps to 74.18% in 2024, then slumped by 100 bps to 0.08% in 2025, then soared by 409 bps to 0.43% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 0.43% in Q1 2026, 0.08% in Q4 2025, and 0.7% in Q3 2025.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Alibaba Group Holding | 262.96 Bn | 227.70 Bn | 15.11 Bn | 38.11% |
| 2 | Booking Holdings | 145.23 Bn | 128.02 Bn | 4.98 Bn | 67.75% |
| 3 | PDD Holdings | 117.02 Bn | 86.74 Bn | 9.45 Bn | 57.06% |
| 4 | Airbnb | 107.34 Bn | 95.28 Bn | 2.98 Bn | 82.46% |
| 5 | Mercadolibre | 100.30 Bn | 85.10 Bn | 4.16 Bn | 40.90% |
| 6 | Ebay | 46.02 Bn | 42.71 Bn | 2.30 Bn | 73.45% |
| 7 | Expedia | 34.12 Bn | 26.99 Bn | 3.91 Bn | 90.66% |
| 8 | Maplebear | 11.90 Bn | 11.05 Bn | 751.00 Mn | 72.00% |
| 9 | Full Truck Alliance | 8.08 Bn | 7.12 Bn | - | - |
| 10 | Treasure Global | 4.06 Mn | 1.14 Mn | 6,415.00 | 0.43% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 0.43% |
| Dec 31, 2025 | 0.08% |
| Sep 30, 2025 | 0.70% |
| Jun 30, 2025 | 68.19% |
| Mar 31, 2025 | 72.96% |
| Dec 31, 2024 | 74.18% |
| Sep 30, 2024 | 83.03% |
| Jun 30, 2024 | 31.00% |
| Mar 31, 2024 | 13.60% |
| Dec 31, 2023 | 5.15% |
| Sep 30, 2023 | 1.21% |
| Jun 30, 2023 | 0.47% |
| Mar 31, 2023 | 0.81% |
| Dec 31, 2022 | 1.14% |
| Sep 30, 2022 | 0.24% |
| Jun 30, 2022 | 1.54% |
| Mar 31, 2022 | 0.07% |
| Dec 31, 2021 | 0.62% |
| Sep 30, 2021 | 0.35% |