Movado Group annual gross margin
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2026
Movado Group Gross Margin Growth & History (MOV)
Movado Group's gross margin was 54.16% for fiscal 2026.
View full Movado Group company overviewMovado Group annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2026 | 2026-01-31 | 54.16% | +0.11 pp |
| 2025 | 2025-01-31 | 54.05% | −0.76 pp |
| 2024 | 2024-01-31 | 54.81% | −2.85 pp |
| 2023 | 2023-01-31 | 57.66% | +0.44 pp |
| 2022 | 2022-01-31 | 57.22% | +3.80 pp |
| 2021 | 2021-01-31 | 53.42% | −0.07 pp |
| 2020 | 2020-01-31 | 53.48% | −0.87 pp |
| 2019 | 2019-01-31 | 54.35% | +1.87 pp |
| 2018 | 2018-01-31 | 52.48% | −0.85 pp |
| 2017 | 2017-01-31 | 53.34% | +0.06 pp |
| 2016 | 2016-01-31 | 53.27% | +0.46 pp |
| 2015 | 2015-01-31 | 52.81% | −37.34 pp |
| 2014 | 2014-01-31 | 90.15% | −13.03 pp |
| 2013 | 2013-01-31 | 103.19% | −11.61 pp |
| 2012 | 2012-01-31 | 114.80% | +66.92 pp |
| 2011 | 2011-01-31 | 47.88% | +0.52 pp |
| 2010 | 2010-01-31 | 47.36% | — |
Movado Group quarterly gross margin
Q2.11
Q3.11
Q1.12
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Q3.12
Q1.13
Q2.13
Q3.13
Q1.14
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Q2.15
Q3.15
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Q2.16
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Q2.18
Q3.18
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Q2.19
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Q1.20
Q2.20
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Q2.22
Q3.22
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Q2.23
Q3.23
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Q1.24
Q2.24
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Q1.25
Q2.25
Q3.25
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Q1.26
Q2.26
Q3.26
Q4.26
Q1.27
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q1 2027 | 2026-04-30 | 57.30% | +3.15 pp |
| Q4 2026 | 2026-01-31 | 54.09% | −0.09 pp |
| Q3 2026 | 2025-10-31 | 54.29% | +0.77 pp |
| Q2 2026 | 2025-07-31 | 54.11% | −0.19 pp |
| Q1 2026 | 2025-04-30 | 54.15% | −0.12 pp |
| Q4 2025 | 2025-01-31 | 54.19% | +1.37 pp |
| Q3 2025 | 2024-10-31 | 53.53% | −0.99 pp |
| Q2 2025 | 2024-07-31 | 54.30% | −1.37 pp |
| Q1 2025 | 2024-04-30 | 54.26% | −2.33 pp |
| Q4 2024 | 2024-01-31 | 52.82% | −3.18 pp |
| Q3 2024 | 2023-10-31 | 54.52% | −2.73 pp |
| Q2 2024 | 2023-07-31 | 55.67% | −2.82 pp |
| Q1 2024 | 2023-04-30 | 56.59% | −2.57 pp |
| Q4 2023 | 2023-01-31 | 56.00% | −2.66 pp |
| Q3 2023 | 2022-10-31 | 57.25% | −0.42 pp |
| Q2 2023 | 2022-07-31 | 58.49% | +1.87 pp |
| Q1 2023 | 2022-04-30 | 59.16% | +4.12 pp |
| Q4 2022 | 2022-01-31 | 58.67% | +2.14 pp |
| Q3 2022 | 2021-10-31 | 57.67% | +3.24 pp |
| Q2 2022 | 2021-07-31 | 56.62% | +5.40 pp |
| Q1 2022 | 2021-04-30 | 55.05% | +9.27 pp |
| Q4 2021 | 2021-01-31 | 56.52% | +3.84 pp |
| Q3 2021 | 2020-10-31 | 54.43% | +0.90 pp |
| Q2 2021 | 2020-07-31 | 51.23% | −2.85 pp |
| Q1 2021 | 2020-04-30 | 45.78% | −8.04 pp |
| Q4 2020 | 2020-01-31 | 52.68% | −2.81 pp |
| Q3 2020 | 2019-10-31 | 53.53% | −0.72 pp |
| Q2 2020 | 2019-07-31 | 54.07% | +0.06 pp |
| Q1 2020 | 2019-04-30 | 53.82% | +0.71 pp |
| Q4 2019 | 2019-01-31 | 55.49% | +2.72 pp |
| Q3 2019 | 2018-10-31 | 54.25% | −0.32 pp |
| Q2 2019 | 2018-07-31 | 54.02% | +2.67 pp |
| Q1 2019 | 2018-04-30 | 53.11% | +3.61 pp |
| Q4 2018 | 2018-01-31 | 52.77% | +3.31 pp |
| Q3 2018 | 2017-10-31 | 54.57% | −0.23 pp |
| Q2 2018 | 2017-07-31 | 51.35% | −3.51 pp |
| Q1 2018 | 2017-04-30 | 49.50% | −4.26 pp |
| Q4 2017 | 2017-01-31 | 49.46% | −3.14 pp |
| Q3 2017 | 2016-10-31 | 54.81% | +0.88 pp |
| Q2 2017 | 2016-07-31 | 54.86% | +0.56 pp |
| Q1 2017 | 2016-04-30 | 53.76% | +1.92 pp |
| Q4 2016 | 2016-01-31 | 52.60% | +17.14 pp |
| Q3 2016 | 2015-10-31 | 53.92% | +0.97 pp |
| Q2 2016 | 2015-07-31 | 54.30% | +0.25 pp |
| Q1 2016 | 2015-04-30 | 51.84% | −48.70 pp |
| Q4 2015 | 2015-01-31 | 35.46% | −193.11 pp |
| Q3 2015 | 2014-10-31 | 52.95% | −44.33 pp |
| Q2 2015 | 2014-07-31 | 54.05% | −0.05 pp |
| Q1 2015 | 2014-04-30 | 100.54% | +9.62 pp |
| Q4 2014 | 2014-01-31 | 228.57% | +131.55 pp |
| Q3 2014 | 2013-10-31 | 97.28% | +41.57 pp |
| Q2 2014 | 2013-07-31 | 54.10% | −2.85 pp |
| Q1 2014 | 2013-04-30 | 90.92% | +34.11 pp |
| Q3 2013 | 2012-10-31 | 97.02% | +43.19 pp |
| Q2 2013 | 2012-07-31 | 55.71% | +1.60 pp |
| Q1 2013 | 2012-04-30 | 56.94% | +0.94 pp |
| Q3 2012 | 2011-10-31 | 56.82% | +4.81 pp |
| Q2 2012 | 2011-07-31 | 53.82% | — |
| Q1 2012 | 2011-04-30 | 54.11% | — |
| Q3 2011 | 2010-10-31 | 56.01% | — |
| Q2 2011 | 2010-07-31 | 52.01% | — |
Movado Group gross margin trends
Over the last five reported fiscal years, Movado Group's gross margin increased from 53.42% to 54.16%, a change of +0.75 percentage points. The latest reported quarter, Q1 2027, shows 57.30%.
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 Movado Group filings at SEC.gov ↗