Zepp Health (ZEPP) Gross Margin (2016 - 2026)
Zepp Health (ZEPP) posted Gross Margin of 37.35% for Q2 2026, up 1.18 percentage points from 36.18% a year earlier but down 0.36 percentage points from the prior quarter.
Zepp Health (ZEPP) Gross Margin (2016 - 2026) Analysis & Trends
For the trailing twelve months through Jun 30, 2026, Gross Margin at Zepp Health was 38.58%, up 1.06 percentage points year-over-year; for FY2025, it was 38.31%, down 0.15 percentage points from FY2024.
- Annual Gross Margin shows a five-year change of +4.31 percentage points (FY2020 to FY2025).
- In prior years, Zepp Health's Gross Margin was 38.46% in FY2024 (+12.29 pp), 26.17% in FY2023 (+6.80 pp), 19.37% in FY2022 (-38.93 pp) and 58.29% in FY2021 (+24.29 pp).
- Quarterly Gross Margin has run from a low of 15.94% in Q1 2023 to a high of 40.61% in Q3 2024 over five years.
- On a year-over-year basis, Gross Margin has increased in each of the last three quarters, with an average year-over-year change of +0.99 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Gross Margin in the past five years was Q1 2024, with a gain of 20.85 percentage points; the weakest was Q1 2023, with a drop of 4.17 percentage points.
- According to Business Quant data, Gross Margin for the three prior quarters was 37.71% (Q1 2026), 40.41% (Q4 2025) and 38.16% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,015.61 Bn | 4,763.10 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 422.50 Bn | 358.43 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 298.22 Bn | 253.97 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 229.00 Bn | 182.46 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 202.03 Bn | 190.55 Bn | 7.58 Bn | 84.57% |
| 6 | Sony | 149.52 Bn | 86.78 Bn | 6.53 Bn | 36.70% |
| 7 | Seagate Technology Holdings | 147.48 Bn | 142.47 Bn | 1.90 Bn | 52.30% |
| 8 | Western Digital | 123.12 Bn | 111.25 Bn | 2.03 Bn | 54.12% |
| 9 | Hewlett Packard Enterprise | 75.01 Bn | 52.89 Bn | 4.93 Bn | 40.34% |
| 10 | Zepp Health | 44.18 Mn | -197.67 Mn | 23.73 Mn | 37.35% |
Historic Data
| Date | Value |
|---|---|
| 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% |
Zepp Health 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=ZEPP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "ZEPP", "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=ZEPP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();