Williams Sonoma (WSM) Gross Margin (2009 - 2026)
Williams Sonoma (WSM) reported Gross Margin of 46.87% for Q1 2026, down 47.0% on a YoY basis from 88.44% in Q1 2025, and up 1.71% quarter-over-quarter from 46.09% in Q4 2025.
Williams Sonoma (WSM) Gross Margin (2009 - 2026) Analysis & Trends
Williams Sonoma has reported Gross Margin for 18 years, with the latest figure at 46.87% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin fell 47.0% year-over-year to 46.87%; the trailing twelve-month figure through Feb 2026 stood at 46.15% (down 30.0% YoY), and the FY2026 full-year result was 46.15%, down 30.0% from the prior year.
- Gross Margin for Q1 2026 stood at 46.87%, up from 46.09% in the prior quarter.
- The five-year high for Gross Margin was 47.89% in Q2 2024, with the low at 38.46% in Q2 2023.
- Historically, Gross Margin has averaged 44.37% across 5 years, with a median of 44.96% in 2024.
- Annual changes were most pronounced in 2023 — Gross Margin plunged 536 bps — and 2024, when it soared 944 bps.
- Williams Sonoma's Gross Margin 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 | 27.84 Bn | 27.38 Bn | 1.01 Bn | 25.70% |
| 2 | Williams Sonoma | 24.59 Bn | 23.57 Bn | 1.10 Bn | 46.87% |
| 3 | Ulta Beauty | 20.75 Bn | 20.25 Bn | 1.48 Bn | 38.06% |
| 4 | Dick'S Sporting Goods | 17.81 Bn | 16.45 Bn | 1.77 Bn | 28.43% |
| 5 | Tractor Supply | 15.90 Bn | 15.67 Bn | 1.30 Bn | 36.22% |
| 6 | Best Buy | 15.61 Bn | 13.87 Bn | 2.10 Bn | 23.52% |
| 7 | NaaS Technology | 14.72 Bn | 14.70 Bn | - | - |
| 8 | Five Below | 10.27 Bn | 9.34 Bn | 696.98 Mn | 40.32% |
| 9 | Murphy USA | 10.20 Bn | 10.08 Bn | 3.98 Bn | 82.59% |
| 10 | GameStop | 9.92 Bn | 905.02 Mn | 386.80 Mn | 35.03% |
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% |