Zepp Health (ZEPP) Operating Margin (2016 - 2025)
Zepp Health (ZEPP) recorded quarterly Operating Margin of 4.55% in Q4 2025, down 289.69% quarter-over-quarter from 1.17% in Q3 2025, and up 1047.0% on a YoY basis from 0.4% in Q4 2024.
Zepp Health (ZEPP) Operating Margin (2016 - 2025) Analysis & Trends
Zepp Health's Operating Margin history runs 10 years deep, the most recent figure standing at 4.55% for Q4 2025.
- In Q4 2025, Operating Margin rose 1047.0% year-over-year to 4.55%; the TTM figure through Dec 2025 stood at 11.29% (up 1459.0% YoY), while the FY2025 annual figure was 3.42%, up 2245.0% from the prior year.
- Operating Margin was 4.55% for Q4 2025 at Zepp Health, down from 1.17% in the prior quarter.
- In the past five years, Operating Margin ranged from a high of 3.9% in Q2 2021 to a low of 47.68% in Q1 2025.
- Historically, Operating Margin has averaged 12.18% across 5 years, with a median of 8.3% in 2022.
- The sharpest annual moves came in 2024 and 2025: Operating Margin sank 3118 bps in 2024, then soared 2836 bps in 2025.
- A 5-year view of Operating Margin shows it stood at 0.61% in 2021, then tumbled by 1193 bps to 6.62% in 2022, then jumped by 111 bps to 0.75% in 2023, then sank by 2090 bps to 15.01% in 2024, then soared by 70 bps to 4.55% in 2025.
- The last three Operating Margin figures came in at 4.55% (Q4 2025), 1.17% (Q3 2025), and 10.27% (Q2 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,366.25 Bn | 4,297.75 Bn | 54.78 Bn | 32.28% |
| 2 | Sonos | 1.75 Bn | 1.50 Bn | 124.65 Mn | -11.22% |
| 3 | Zepp Health | 1.27 Bn | 1.16 Bn | 34.42 Mn | -4.55% |
| 4 | Turtle Beach | 267.51 Mn | 255.19 Mn | 11.29 Mn | -33.34% |
| 5 | Vuzix | 257.23 Mn | 236.08 Mn | 375,000.00 | 773.35% |
| 6 | Sony | 114.28 Mn | -18.94 Bn | 5.96 Bn | 5.39% |
| 7 | UTime | 53.53 Mn | 52.80 Mn | - | - |
| 8 | Axil Brands | 40.77 Mn | 35.25 Mn | 5.04 Mn | 2.94% |
| 9 | Koss | 37.77 Mn | 18.91 Mn | 1.00 Mn | -25.46% |
| 10 | Foxx Development Holdings | 20.59 Mn | 17.40 Mn | -1.45 Mn | -391.93% |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2025 | -4.55% |
| Sep 30, 2025 | -1.17% |
| Jun 30, 2025 | -10.27% |
| Mar 31, 2025 | -47.68% |
| Dec 31, 2024 | -15.01% |
| Sep 30, 2024 | -29.53% |
| Jun 30, 2024 | -24.27% |
| Mar 31, 2024 | -39.82% |
| Dec 31, 2023 | 0.75% |
| Sep 30, 2023 | 1.66% |
| Jun 30, 2023 | -11.24% |
| Mar 31, 2023 | -23.39% |
| Dec 31, 2022 | -6.62% |
| Sep 30, 2022 | -6.08% |
| Jun 30, 2022 | -9.98% |
| Mar 31, 2022 | -20.53% |
| Dec 31, 2021 | 0.61% |
| Sep 30, 2021 | 3.89% |
| Jun 30, 2021 | 3.90% |
| Mar 31, 2021 | -4.38% |