Upbound (UPBD) Gross Margin (2010 - 2026)
Upbound (UPBD) recorded Gross Margin of 51.13% in Q2 2026, up 1.73 percentage points from 49.40% a year earlier and up 3.05 percentage points from the prior quarter.
Powered by 
Analysis
Upbound (UPBD) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, Upbound's Gross Margin came in at 49.13% as of Jun 30, 2026, up 1.36 percentage points year-over-year; for FY2025, it came in at 48.39%, up 0.24 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -11.03 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 48.15% in FY2024 (-2.50 pp), 50.65% in FY2023 (+1.67 pp), 48.98% in FY2022 (+0.22 pp) and 48.76% in FY2021 (-10.66 pp).
- The Q2 2026 figure is the highest quarterly Gross Margin since Q2 2023.
- On a year-over-year basis, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of -0.28 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 2.74 percentage points in Q1 2023, against a drop of 11.55 percentage points in Q3 2021 at the low end.
- Per Business Quant, the preceding three quarters came in at 48.08% (Q1 2026), 49.04% (Q4 2025) and 48.34% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Rocket Companies | 43.26 Bn | 28.94 Bn | - | - |
| 2 | Orix | 42.40 Bn | 42.90 Bn | - | - |
| 3 | Royalty Pharma | 33.56 Bn | 33.47 Bn | - | - |
| 4 | Federal National Mortgage Association Fannie Mae | 24.47 Bn | 24.47 Bn | - | - |
| 5 | Affirm Holdings | 23.34 Bn | 17.03 Bn | - | - |
| 6 | Synchrony Financial | 23.06 Bn | -44.91 Bn | - | - |
| 7 | Royal Gold | 19.98 Bn | 19.21 Bn | 390.45 Mn | 86.66% |
| 8 | Annaly Capital Management | 14.18 Bn | 5.27 Bn | - | - |
| 9 | Ares Capital | 13.71 Bn | 11.15 Bn | - | - |
| 10 | Upbound | 915.30 Mn | 484.04 Mn | 594.84 Mn | 51.13% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 51.13% |
| Mar 31, 2026 | 48.08% |
| Dec 31, 2025 | 49.04% |
| Sep 30, 2025 | 48.34% |
| Jun 30, 2025 | 49.40% |
| Mar 31, 2025 | 46.77% |
| Dec 31, 2024 | 47.09% |
| Sep 30, 2024 | 47.82% |
| Jun 30, 2024 | 49.42% |
| Mar 31, 2024 | 48.27% |
| Dec 31, 2023 | 50.35% |
| Sep 30, 2023 | 50.78% |
| Jun 30, 2023 | 51.70% |
| Mar 31, 2023 | 49.83% |
| Dec 31, 2022 | 50.01% |
| Sep 30, 2022 | 49.37% |
| Jun 30, 2022 | 49.71% |
| Mar 31, 2022 | 47.09% |
| Dec 31, 2021 | 48.51% |
| Sep 30, 2021 | 48.15% |
API Access
Upbound Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=UPBD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "UPBD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=UPBD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();