Williams Sonoma (WSM) Gross Margin (2009 - 2026)
Williams Sonoma's (WSM) quarterly Gross Margin came in at 46.87% in Q1 2026, down 47.0% YoY from 88.44% in Q1 2025, and up 1.71% on a QoQ basis from 46.09% in Q4 2025.
Williams Sonoma (WSM) Gross Margin (2009 - 2026) Analysis & Trends
Williams Sonoma (WSM) has 18 years of Gross Margin data on file, last reported at 46.87% in Q1 2026.
- Quarterly Gross Margin fell 47.0% year-over-year to 46.87% in Q1 2026, while the trailing twelve-month figure through Feb 2026 was 46.15% (down 30.0% YoY) and the FY2026 annual result came in at 46.15%, down 30.0% from the prior year.
- Gross Margin grew to 46.87% in Q1 2026, from 46.09% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 47.89% in Q2 2024 to a low of 38.46% in Q2 2023.
- A 5-year average of 44.37% and a median of 44.96% in 2024 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 536 bps — and 2024, when it soared 944 bps.
- Tracing WSM's Gross Margin over 5 years: stood at 41.53% in 2022, then rose by 7 bps to 44.36% in 2023, then increased by 2 bps to 45.4% in 2024, then gained by 2 bps to 46.09% in 2025, then advanced by 2 bps to 46.87% in 2026.
- The last three Gross Margin figures came in at 46.87% (Q1 2026), 46.09% (Q4 2025), and 47.07% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Caseys General Stores | 30.70 Bn | 30.18 Bn | 1.08 Bn | 23.63% |
| 2 | Williams Sonoma | 28.62 Bn | 27.60 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 22.58 Bn | 22.36 Bn | 1.27 Bn | 40.07% |
| 4 | Tractor Supply | 18.35 Bn | 18.12 Bn | 1.68 Bn | 37.05% |
| 5 | Best Buy | 18.03 Bn | 16.28 Bn | 2.10 Bn | 23.52% |
| 6 | Dick'S Sporting Goods | 15.93 Bn | 14.93 Bn | 1.68 Bn | 32.59% |
| 7 | Five Below | 13.08 Bn | 11.97 Bn | 478.64 Mn | 37.23% |
| 8 | Murphy USA | 10.51 Bn | 10.33 Bn | 746.50 Mn | 10.97% |
| 9 | Bath & Body Works | 4.08 Bn | 3.13 Bn | 1.24 Bn | 45.67% |
| 10 | MINISO Group Holding | 3.42 Bn | 2.45 Bn | 414.86 Mn | 46.39% |
Historic Data
Download Data| Date | Value |
|---|---|
| Feb 1, 2026 | 46.87% |
| Nov 2, 2025 | 46.09% |
| Aug 3, 2025 | 47.07% |
| May 4, 2025 | 44.26% |
| Feb 2, 2025 | 47.34% |
| Oct 27, 2024 | 45.40% |
| Jul 28, 2024 | 44.96% |
| Apr 28, 2024 | 47.89% |
| Jan 28, 2024 | 46.01% |
| Oct 29, 2023 | 44.36% |
| Jul 30, 2023 | 40.67% |
| Apr 30, 2023 | 38.46% |
| Jan 29, 2023 | 41.17% |
| Oct 30, 2022 | 41.53% |
| Jul 31, 2022 | 43.45% |
| May 1, 2022 | 43.81% |
| Jan 30, 2022 | 44.99% |
| Oct 31, 2021 | 43.73% |
| Aug 1, 2021 | 44.06% |
| May 2, 2021 | 43.04% |