Latch annual gross margin
2019
2020
2021
2022
2023
2024
2025
Latch Gross Margin Growth & History (LTCH)
Latch's gross margin was 38.29% for fiscal 2025.
View full Latch company overviewLatch annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 38.29% | −5.84 pp |
| 2024 | 2024-12-31 | 44.14% | +16.72 pp |
| 2023 | 2023-12-31 | 27.41% | +36.55 pp |
| 2022 | 2022-12-31 | −9.14% | +9.12 pp |
| 2021 | 2021-12-31 | −18.25% | +1.96 pp |
| 2020 | 2020-12-31 | −20.22% | −4.03 pp |
| 2019 | 2019-12-31 | −16.19% | — |
Latch quarterly gross margin
Q2.20
Q3.20
Q1.21
Q2.21
Q3.21
Q4.21
Q1.22
Q2.22
Q3.22
Q4.22
Q1.23
Q2.23
Q3.23
Q4.23
Q1.24
Q2.24
Q3.24
Q4.24
Q1.25
Q2.25
Q3.25
Q4.25
Q1.26
Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2026-06-30 | 49.05% | +6.04 pp |
| Q1 2026 | 2026-03-31 | 52.34% | +4.93 pp |
| Q4 2025 | 2025-12-31 | 19.35% | −19.73 pp |
| Q3 2025 | 2025-09-30 | 44.29% | +3.64 pp |
| Q2 2025 | 2025-06-30 | 43.01% | −2.84 pp |
| Q1 2025 | 2025-03-31 | 47.41% | −6.21 pp |
| Q4 2024 | 2024-12-31 | 39.09% | +4.55 pp |
| Q3 2024 | 2024-09-30 | 40.65% | −22.35 pp |
| Q2 2024 | 2024-06-30 | 45.85% | +7.53 pp |
| Q1 2024 | 2024-03-31 | 53.63% | +75.97 pp |
| Q4 2023 | 2023-12-31 | 34.54% | +56.16 pp |
| Q3 2023 | 2023-09-30 | 63.00% | +39.99 pp |
| Q2 2023 | 2023-06-30 | 38.32% | +71.38 pp |
| Q1 2023 | 2023-03-31 | −22.34% | −19.48 pp |
| Q4 2022 | 2022-12-31 | −21.62% | +28.56 pp |
| Q3 2022 | 2022-09-30 | 23.01% | +31.57 pp |
| Q2 2022 | 2022-06-30 | −33.06% | −34.07 pp |
| Q1 2022 | 2022-03-31 | −2.86% | −3.18 pp |
| Q4 2021 | 2021-12-31 | −50.18% | — |
| Q3 2021 | 2021-09-30 | −8.55% | +7.05 pp |
| Q2 2021 | 2021-06-30 | 1.01% | +18.70 pp |
| Q1 2021 | 2021-03-31 | 0.32% | — |
| Q3 2020 | 2020-09-30 | −15.60% | — |
| Q2 2020 | 2020-06-30 | −17.70% | — |
Latch gross margin trends
Over the last five fiscal years, Latch's gross margin increased from −20.22% to 38.29%, a change of +58.51 percentage points. The latest reported quarter, Q2 2026, shows 49.05%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Latch source filings ↗