Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 13.04% is 37% below its 5-year average of 20.67%, near the low end of its 5-year range (12.77%–76.71%).
56.51% below its 12-month average of 29.99%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-28): 76.71%.
GROSS MARGIN
13.04%
GROSS MARGIN AVG TTM
29.99%
GROSS MARGIN AVG 3Y
20.56%
GROSS MARGIN AVG 5Y
20.67%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-56.51%
CURRENT VS 3Y AVG
-36.58%
CURRENT VS 5Y AVG
-36.92%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · CONSUMER CYCLICAL
32.55%
median of 312 covered companies
CURRENT VS SECTOR MEDIAN
-59.93%
vs the sector median at left
First Watch Restaurant Group, Inc.
Market Cap
$654.77M
Gross Margin
13.04%
TTM Avg
29.99%
3Y Avg
20.56%
5Y Avg
20.67%
Market Cap
$644.06M
Gross Margin
23.16%
TTM Avg
28.55%
3Y Avg
23.80%
5Y Avg
22.49%
Market Cap
$633.84M
Gross Margin
38.81%
TTM Avg
38.34%
3Y Avg
38.10%
5Y Avg
39.26%
Market Cap
$691.81M
Gross Margin
49.44%
TTM Avg
49.25%
3Y Avg
46.85%
5Y Avg
44.59%
Market Cap
$613.03M
Gross Margin
66.13%
TTM Avg
67.25%
3Y Avg
67.86%
5Y Avg
63.57%
Market Cap
$706.42M
Gross Margin
8.89%
TTM Avg
39.91%
3Y Avg
32.36%
5Y Avg
26.33%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| First Watch Restaurant Group, Inc. (FWRG) | $654.77M | 13.04% | 29.99% | 20.56% | 20.67% |
| Papa John's International, Inc. (PZZA)vs › | $644.06M | 23.16% | 28.55% | 23.80% | 22.49% |
| Petco Health and Wellness Company, Inc. (WOOF)vs › | $633.84M | 38.81% | 38.34% | 38.10% | 39.26% |
| Legacy Housing Corporation (LEGH)vs › | $691.81M | 49.44% | 49.25% | 46.85% | 44.59% |
| Tron Inc. (TRON)vs › | $614.32M | 24.65% | 22.55% | 22.06% | 22.71% |
| Betterware de Mexico, S.A.P.I. de C.V. (BWMX)vs › | $613.03M | 66.13% | 67.25% | 67.86% | 63.57% |
| Bloomin' Brands, Inc. (BLMN)vs › | $706.42M | 8.89% | 39.91% | 32.36% | 26.33% |
| XMAX, Inc. (XMAX)vs › | $556.90M | 22.86% | 25.02% | 25.02% | 25.02% |
| Solid Power, Inc. (SLDP)vs › | $526.46M | 5.05% | 2.17% | -9.08% | -4.84% |
| Fox Factory Holding Corp. (FOXF)vs › | $811.04M | 29.14% | 30.30% | 30.78% | 31.76% |
Gross Margin
13.0%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-28 | 76.71% |
| 2026-03-29 | 12.77% |
| 2025-12-28 | 19.58% |
| 2025-09-28 | 21.48% |
| 2025-06-29 | 19.38% |
| 2025-03-30 | 76.39% |
| 2024-12-31 | 19.49% |
| 2024-09-29 | 19.73% |
| 2024-06-30 | 22.84% |
| 2024-03-31 | 21.86% |
| 2023-12-31 | 20.60% |
| 2023-09-24 | 20.11% |
| 2023-06-25 | 22.24% |
| 2023-03-26 | 22.49% |
| 2022-12-31 | 17.80% |
| 2022-09-25 | 18.60% |
| 2022-06-26 | 19.44% |
| 2022-03-27 | 20.73% |
| 2021-12-31 | 21.46% |
| 2021-09-26 | 20.71% |
| 2021-06-30 | 23.60% |
| 2021-03-31 | 18.65% |
| 2020-12-31 | 14.19% |
| 2020-09-30 | 10.60% |
| 2020-06-28 | 4.87% |
| 2020-03-28 | 4.87% |
