Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 32.77% is in line with its 5-year average of 32.27%, near the high end of its 5-year range (29.86%–33.58%).
As of the fiscal period ended Sunday, May 31, 2026. 1.97% above its 12-month average of 32.14%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
32.77%
GROSS MARGIN AVG TTM
32.14%
GROSS MARGIN AVG 3Y
32.69%
GROSS MARGIN AVG 5Y
32.63%
GROSS MARGIN AVG 10Y
31.47%
GROSS MARGIN AVG 15Y
31.09%
GROSS MARGIN AVG 20Y
30.70%
CURRENT VS TTM AVG
+1.97%
CURRENT VS 3Y AVG
+0.25%
CURRENT VS 5Y AVG
+0.43%
CURRENT VS 10Y AVG
+4.14%
CURRENT VS 15Y AVG
+5.41%
CURRENT VS 20Y AVG
+6.75%
SECTOR MEDIAN · TECHNOLOGY
57.46%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-42.97%
vs the sector median at left
Market Cap
$93.39B
Gross Margin
88.85%
TTM Avg
86.20%
3Y Avg
87.84%
5Y Avg
88.28%
Market Cap
$101.92B
Gross Margin
47.48%
TTM Avg
50.39%
3Y Avg
49.13%
5Y Avg
48.16%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Accenture plc (ACN) | $94.28B | 32.77% | 32.14% | 32.69% | 32.63% |
| Cloudflare, Inc. (NET)vs › | $94.25B | 73.33% | 75.91% | 76.08% | 76.41% |
| Adobe Inc. (ADBE)vs › | $94.51B | 89.12% | 88.83% | 88.31% | 88.28% |
| Snowflake Inc. (SNOW)vs › | $94.59B | 67.15% | 66.84% | 66.73% | 64.72% |
| Cadence Design Systems, Inc. (CDNS)vs › | $93.39B | 88.85% | 86.20% | 87.84% | 88.28% |
| Datadog, Inc. (DDOG)vs › | $89.65B | 79.89% | 80.38% | 80.20% | 79.41% |
| Automatic Data Processing, Inc. (ADP)vs › | $101.92B | 47.48% | 50.39% | 49.13% | 48.16% |
| Intuit Inc. (INTU)vs › | $83.13B | 81.03% | 79.74% | 79.67% | 80.55% |
| ServiceNow, Inc. (NOW)vs › | $109.13B | 74.77% | 78.36% | 78.40% | 78.13% |
| Fortinet, Inc. (FTNT)vs › | $111.64B | 80.67% | 80.70% | 78.38% | 78.02% |
Gross Margin
32.8%
(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 |
|---|---|
| 2026-05-31 | 32.77% |
| 2026-02-28 | 30.26% |
| 2025-11-30 | 32.91% |
| 2025-08-31 | 31.89% |
| 2025-05-31 | 32.87% |
| 2025-02-28 | 29.86% |
| 2024-11-30 | 32.92% |
| 2024-08-31 | 32.53% |
| 2024-05-31 | 33.45% |
| 2024-02-29 | 30.88% |
| 2023-11-30 | 33.58% |
| 2023-08-31 | 32.42% |
| 2023-05-31 | 33.38% |
| 2023-02-28 | 30.57% |
| 2022-11-30 | 32.93% |
| 2022-08-31 | 32.07% |
| 2022-05-31 | 32.89% |
| 2022-02-28 | 30.07% |
| 2021-11-30 | 32.85% |
| 2021-08-31 | 33.28% |
| 2021-05-31 | 33.21% |
| 2021-02-28 | 29.74% |
| 2020-11-30 | 33.14% |
| 2020-08-31 | 31.75% |
| 2020-05-31 | 32.10% |
| 2020-02-29 | 30.15% |
| 2019-11-30 | 32.11% |
| 2019-08-31 | 31.07% |
| 2019-05-31 | 31.79% |
| 2019-02-28 | 29.22% |
| 2018-11-30 | 31.09% |
| 2018-08-31 | 30.29% |
| 2018-05-31 | 31.03% |
| 2018-02-28 | 28.74% |
| 2017-11-30 | 30.88% |
| 2017-08-31 | 29.94% |
| 2017-05-31 | 31.10% |
| 2017-02-28 | 28.58% |
| 2016-11-30 | 30.31% |
| 2016-08-31 | 29.62% |
| 2016-05-31 | 29.99% |
| 2016-02-29 | 28.22% |
| 2015-11-30 | 30.27% |
| 2015-08-31 | 29.94% |
| 2015-05-31 | 30.51% |
| 2015-02-28 | 28.25% |
| 2014-11-30 | 30.44% |
| 2014-08-31 | 29.86% |
| 2014-05-31 | 30.78% |
| 2014-02-28 | 29.47% |
| 2013-11-30 | 31.40% |
| 2013-08-31 | 31.22% |
| 2013-05-31 | 31.63% |
| 2013-02-28 | 29.76% |
| 2012-11-30 | 30.86% |
| 2012-08-31 | 30.86% |
| 2012-05-31 | 31.03% |
| 2012-02-29 | 29.15% |
| 2011-11-30 | 29.67% |
| 2011-08-31 | 30.88% |
| 2011-05-31 | 32.06% |
| 2011-02-28 | 29.51% |
| 2010-11-30 | 30.02% |
| 2010-08-31 | 31.63% |
| 2010-05-31 | 32.33% |
| 2010-02-28 | 30.52% |
| 2009-11-30 | 31.04% |
| 2009-08-31 | 30.16% |
| 2009-05-31 | 30.17% |
| 2009-02-28 | 28.68% |
| 2008-11-30 | 29.18% |
| 2008-08-31 | 29.03% |
| 2008-05-31 | 29.16% |
| 2008-02-29 | 27.29% |
| 2007-11-30 | 27.94% |
| 2007-08-31 | 28.61% |
| 2007-05-31 | 29.04% |
| 2007-02-28 | 27.18% |
| 2006-11-30 | 27.72% |
| 2006-08-31 | 30.79% |
| 2006-05-31 | 30.26% |
| 2006-02-28 | 19.34% |
| 2005-11-30 | 29.06% |
| 2005-08-31 | 30.01% |
| 2005-05-31 | 31.34% |
| 2005-02-28 | 27.86% |
| 2004-11-30 | 30.21% |
| 2004-08-31 | 29.14% |
| 2004-05-31 | 32.27% |
| 2004-02-29 | 29.59% |
| 2003-11-30 | 31.07% |
| 2003-08-31 | 30.01% |
| 2003-05-31 | 32.35% |
| 2003-02-28 | 31.66% |
| 2002-11-30 | 34.73% |
| 2002-08-31 | 34.43% |