Zepp Health (ZEPP) Operating Margin (2016 - 2026)
Zepp Health's Operating Margin was -19.37% in Q2 2026, down 9.10 percentage points from -10.27% a year earlier but up 14.95 percentage points from the prior quarter.
Zepp Health (ZEPP) Operating Margin (2016 - 2026) Analysis & Trends
On a trailing twelve-month basis, Zepp Health's Operating Margin was -12.59% through Jun 30, 2026, up 10.39 percentage points year-over-year; for FY2025, it was -11.29%, up 14.59 percentage points from FY2024.
- Operating Margin shows a five-year change of -15.73 percentage points (FY2020 to FY2025).
- In earlier years, Operating Margin was -25.88% in FY2024 (-17.25 pp), -8.63% in FY2023 (+1.45 pp), -10.08% in FY2022 (-14.27 pp) and 4.19% in FY2021 (-0.25 pp).
- Quarterly Operating Margin has moved between -47.68% (Q1 2025) and 3.89% (Q3 2021) over five years.
- Compared with a year earlier, Operating Margin was higher in four of the last eight quarters, with an average year-over-year change of +0.28 percentage points.
- The best year-over-year quarter for Operating Margin over five years was Q3 2025 (a gain of 28.36 percentage points); the worst was Q3 2024 (a drop of 31.18 percentage points).
- Per Business Quant data, ZEPP's Operating Margin in the three quarters before Q2 2026 was -34.32% (Q1 2026), -4.55% (Q4 2025) and -1.17% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Operating Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 5,028.22 Bn | 4,775.71 Bn | 54.77 Bn | 32.62% |
| 2 | Cisco Systems | 420.88 Bn | 356.80 Bn | 11.06 Bn | 24.72% |
| 3 | Dell Technologies | 293.18 Bn | 248.94 Bn | 9.83 Bn | 11.46% |
| 4 | Arista Networks | 230.46 Bn | 183.91 Bn | 1.91 Bn | 45.39% |
| 5 | Sandisk | 201.65 Bn | 190.18 Bn | 7.58 Bn | 78.49% |
| 6 | Sony | 148.11 Bn | 85.38 Bn | 6.53 Bn | 16.79% |
| 7 | Seagate Technology Holdings | 144.57 Bn | 139.56 Bn | 1.90 Bn | 42.96% |
| 8 | Western Digital | 121.56 Bn | 109.69 Bn | 2.03 Bn | 41.71% |
| 9 | Hewlett Packard Enterprise | 74.47 Bn | 52.35 Bn | 4.93 Bn | 11.41% |
| 10 | Zepp Health | 46.75 Mn | -195.10 Mn | 23.73 Mn | -19.37% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -19.37% |
| Mar 31, 2026 | -34.32% |
| 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% |
Zepp Health Operating 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=operating-margin&ticker=ZEPP&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "operating-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=operating-margin&ticker=ZEPP&period=max&api_key=YOUR_API_KEY");
const data = await res.json();