Reed's annual gross margin
2010
2011
2012
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2014
2015
2016
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2019
2020
2021
2022
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2024
2025
Reed's Gross Margin Growth & History (REED)
Reed's's gross margin was 20.44% for fiscal 2025.
View full Reed's company overviewReed's annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 20.44% | −9.54 pp |
| 2024 | 2024-12-31 | 29.97% | +8.25 pp |
| 2023 | 2023-12-31 | 21.72% | −1.11 pp |
| 2022 | 2022-12-31 | 22.84% | −4.58 pp |
| 2021 | 2021-12-31 | 27.42% | −3.26 pp |
| 2020 | 2020-12-31 | 30.68% | +7.39 pp |
| 2019 | 2019-12-31 | 23.29% | −4.74 pp |
| 2018 | 2018-12-31 | 28.02% | +9.75 pp |
| 2017 | 2017-12-31 | 18.28% | −3.48 pp |
| 2016 | 2016-12-31 | 21.76% | −3.50 pp |
| 2015 | 2015-12-31 | 25.26% | −4.70 pp |
| 2014 | 2014-12-31 | 29.95% | +1.00 pp |
| 2013 | 2013-12-31 | 28.95% | −1.52 pp |
| 2012 | 2012-12-31 | 30.47% | +0.87 pp |
| 2011 | 2011-12-31 | 29.60% | −0.15 pp |
| 2010 | 2010-12-31 | 29.76% | — |
Reed's quarterly gross margin
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Q2.23
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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 | 23.89% | +15.42 pp |
| Q1 2026 | 2026-03-31 | 9.76% | −24.16 pp |
| Q4 2025 | 2025-12-31 | 20.44% | −9.53 pp |
| Q3 2025 | 2025-09-30 | 17.40% | −0.59 pp |
| Q2 2025 | 2025-06-30 | 8.47% | −23.79 pp |
| Q1 2025 | 2025-03-31 | 33.92% | −1.65 pp |
| Q4 2024 | 2024-12-31 | 29.97% | +25.93 pp |
| Q3 2024 | 2024-09-30 | 17.99% | −16.02 pp |
| Q2 2024 | 2024-06-30 | 32.26% | +7.19 pp |
| Q1 2024 | 2024-03-31 | 35.57% | +11.39 pp |
| Q4 2023 | 2023-12-31 | 4.04% | −18.88 pp |
| Q3 2023 | 2023-09-30 | 34.02% | +13.88 pp |
| Q2 2023 | 2023-06-30 | 25.08% | +1.04 pp |
| Q1 2023 | 2023-03-31 | 24.18% | +0.11 pp |
| Q4 2022 | 2022-12-31 | 22.91% | +2.54 pp |
| Q3 2022 | 2022-09-30 | 20.13% | −8.76 pp |
| Q2 2022 | 2022-06-30 | 24.04% | −4.97 pp |
| Q1 2022 | 2022-03-31 | 24.07% | −7.65 pp |
| Q4 2021 | 2021-12-31 | 20.37% | −12.61 pp |
| Q3 2021 | 2021-09-30 | 28.89% | −3.17 pp |
| Q2 2021 | 2021-06-30 | 29.01% | +1.47 pp |
| Q1 2021 | 2021-03-31 | 31.72% | +1.58 pp |
| Q4 2020 | 2020-12-31 | 32.99% | +24.64 pp |
| Q3 2020 | 2020-09-30 | 32.06% | +3.43 pp |
| Q2 2020 | 2020-06-30 | 27.53% | +3.55 pp |
| Q1 2020 | 2020-03-31 | 30.14% | +0.50 pp |
| Q4 2019 | 2019-12-31 | 8.35% | −19.19 pp |
| Q3 2019 | 2019-09-30 | 28.63% | +3.79 pp |
| Q2 2019 | 2019-06-30 | 23.98% | −8.42 pp |
| Q1 2019 | 2019-03-31 | 29.64% | +1.85 pp |
| Q4 2018 | 2018-12-31 | 27.54% | +5.90 pp |
| Q3 2018 | 2018-09-30 | 24.83% | +5.89 pp |
| Q2 2018 | 2018-06-30 | 32.40% | +13.41 pp |
| Q1 2018 | 2018-03-31 | 27.79% | +15.06 pp |
| Q4 2017 | 2017-12-31 | 21.64% | +1.29 pp |
| Q3 2017 | 2017-09-30 | 18.94% | −4.47 pp |
| Q2 2017 | 2017-06-30 | 18.99% | −4.68 pp |
| Q1 2017 | 2017-03-31 | 12.73% | −6.19 pp |
| Q4 2016 | 2016-12-31 | 20.35% | −5.06 pp |
| Q3 2016 | 2016-09-30 | 23.41% | +8.85 pp |
| Q2 2016 | 2016-06-30 | 23.67% | −6.22 pp |
| Q1 2016 | 2016-03-31 | 18.92% | −11.62 pp |
| Q4 2015 | 2015-12-31 | 25.40% | +2.48 pp |
| Q3 2015 | 2015-09-30 | 14.56% | −16.97 pp |
| Q2 2015 | 2015-06-30 | 29.89% | −3.22 pp |
| Q1 2015 | 2015-03-31 | 30.54% | −1.90 pp |
| Q4 2014 | 2014-12-31 | 22.93% | −4.54 pp |
| Q3 2014 | 2014-09-30 | 31.54% | +0.02 pp |
| Q2 2014 | 2014-06-30 | 33.11% | +7.30 pp |
| Q1 2014 | 2014-03-31 | 32.44% | +1.24 pp |
| Q4 2013 | 2013-12-31 | 27.47% | −1.72 pp |
| Q3 2013 | 2013-09-30 | 31.52% | +0.37 pp |
| Q2 2013 | 2013-06-30 | 25.81% | −5.34 pp |
| Q1 2013 | 2013-03-31 | 31.20% | +0.84 pp |
| Q4 2012 | 2012-12-31 | 29.19% | +1.35 pp |
| Q3 2012 | 2012-09-30 | 31.15% | −0.49 pp |
| Q2 2012 | 2012-06-30 | 31.15% | −0.12 pp |
| Q1 2012 | 2012-03-31 | 30.36% | +2.79 pp |
| Q4 2011 | 2011-12-31 | 27.84% | −1.22 pp |
| Q3 2011 | 2011-09-30 | 31.64% | +0.47 pp |
| Q2 2011 | 2011-06-30 | 31.27% | — |
| Q1 2011 | 2011-03-31 | 27.57% | — |
| Q3 2010 | 2010-09-30 | 29.05% | — |
| Q2 2010 | 2010-06-30 | 31.17% | — |
Reed's gross margin trends
Over the last five reported fiscal years, Reed's's gross margin decreased from 30.68% to 20.44%, a change of −10.24 percentage points. The latest reported quarter, Q2 2026, shows 23.89%.
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 Reed's filings at SEC.gov ↗