Zepp Health ZEPP
NYSE ZEPP
$4.39 -0.05 (-1.15%)
As of: Sep 15, 2026 · 3:59 PM EDT

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

Zepp Health (ZEPP) posted Gross Margin of 37.35% for Q2 2026, down 0.94% on a QoQ basis from 37.71% in Q1 2026, and up 118.0% year-over-year from 17.13% in Q2 2025.

Analysis

Zepp Health (ZEPP) Gross Margin (2016 - 2026) Analysis & Trends

Zepp Health has reported Gross Margin for 11 years, with the latest figure at 37.35% in Q2 2026.

  • On a quarterly basis, Gross Margin rose 118.0% year-over-year to 37.35% in Q2 2026; TTM through Jun 2026 was 38.58%, a 106.0% increase from a year earlier, with the FY2025 full-year figure at 38.31%, down 15.0% from the prior year.
  • Gross Margin was 37.35% for Q2 2026 at Zepp Health, down from 37.71% 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 31.44%, with a median of 36.48% recorded in 2024.
  • The sharpest annual moves came in 2023 and 2024: Gross Margin slumped 417 bps in 2023, then soared 2085 bps in 2024.
  • Over 5 years, Gross Margin stood at 20.7% in 2022, then soared by 68 bps to 34.74% in 2023, then advanced by 6 bps to 36.83% in 2024, then increased by 10 bps to 40.41% in 2025, then decreased by 8 bps to 37.35% in 2026.
  • The last three Gross Margin figures came in at 37.35% (Q2 2026), 37.71% (Q1 2026), and 40.41% (Q4 2025), per Business Quant data.
Peer Set

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Apple 4,859.45 Bn 4,797.05 Bn 54.77 Bn 50.06%
2 Garmin 53.81 Bn 51.14 Bn 1.26 Bn 62.41%
3 Vuzix 211.42 Mn 194.13 Mn -645,411.00 -57.96%
4 Zepp Health 69.33 Mn -328,416.31 23.73 Mn 37.35%
5 Foxx Development Holdings 17.72 Mn 14.53 Mn -1.45 Mn -16.74%
6 Wearable Devices 652,391.50 -18.19 Mn - -
Historic Data

Historic Data

Download Data
DateValue
Jun 30, 2026 37.35%
Mar 31, 2026 37.71%
Dec 31, 2025 40.41%
Sep 30, 2025 38.16%
Jun 30, 2025 36.18%
Mar 31, 2025 37.27%
Dec 31, 2024 36.83%
Sep 30, 2024 40.61%
Jun 30, 2024 40.26%
Mar 31, 2024 36.79%
Dec 31, 2023 34.74%
Sep 30, 2023 33.89%
Jun 30, 2023 21.99%
Mar 31, 2023 15.94%
Dec 31, 2022 20.70%
Sep 30, 2022 19.13%
Jun 30, 2022 17.90%
Mar 31, 2022 20.11%
Dec 31, 2021 19.30%
Sep 30, 2021 20.16%