Filing Flows › W.W. Grainger (GWW) › Gross margin
W.W. Grainger (GWW) gross margin by quarter
W.W. Grainger's gross margin was 38.8% in Q3 2026 (third quarter 2026), -0.7 pts from Q2 2026. Over the last 7 quarters it ranged from 38.5% (Q2 2025) to 40.0% (Q1 2026).
| Quarter | Gross margin | Q/Q | Y/Y |
|---|---|---|---|
| Q3 2026 | 38.8% | -0.7 pts | +0.2 pts |
| Q2 2026 | 39.5% | -0.5 pts | +1.0 pts |
| Q1 2026 | 40.0% | +0.5 pts | +0.3 pts |
| Q4 2025 | 39.5% | +0.8 pts | — |
| Q3 2025 | 38.6% | +0.1 pts | — |
| Q2 2025 | 38.5% | -1.2 pts | — |
| Q1 2025 | 39.7% | — | — |
Q3 2026 at a glance
W.W. Grainger, Q3 2026: revenue $5.2B (+11% year over year), operating margin 16.0%, net earnings $587M, operating cash flow $661M. The chart follows the revenue to costs, profit and cash.
Questions
What is W.W. Grainger's gross margin?
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How has W.W. Grainger's gross margin changed?
Grainger's gross margin was 38.8% in Q3 2026 (third quarter 2026), -0.7 pts from Q2 2026. Over the last 7 quarters it ranged from 38.5% (Q2 2025) to 40.0% (Q1 2026).