Zepp Health (ZEPP) Gross Margin (2016 - 2026)

Zepp Health (ZEPP) has reported Gross Margin for 11 consecutive years, with 37.71% the latest figure, recorded in Q1 2026.

• In Q1 2026, Gross Margin rose 44.0% year-over-year to 37.71%; the TTM figure through Mar 2026 stood at 38.35% (down 23.0% YoY), while the FY2025 annual figure was 38.31%, down 15.0% from the prior year.
• Gross Margin came in at 37.71% for Q1 2026 at Zepp Health, down from 40.41% in the prior quarter.
• The five-year high for Gross Margin was 40.61% in Q3 2024, with the low at 15.94% in Q1 2023.
• Average Gross Margin over 5 years is 31.09%, with a median of 36.18% recorded in 2025.
• Across the five-year window, Gross Margin plunged 417 bps in 2023 and surged 2085 bps in 2024, its largest moves.
• Year by year, Gross Margin stood at 20.7% in 2022, then surged by 68 bps to 34.74% in 2023, then grew by 6 bps to 36.83% in 2024, then gained by 10 bps to 40.41% in 2025, then decreased by 7 bps to 37.71% in 2026.
• According to Business Quant data, Gross Margin over the past three periods registered 37.71%, 40.41%, and 38.16% for Q1 2026, Q4 2025, and Q3 2025 respectively.