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 88.26% is 21% above its 5-year average of 72.90%, near the high end of its 5-year range (47.41%–88.95%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.01% below its 12-month average of 88.28%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
88.26%
GROSS MARGIN AVG TTM
88.28%
GROSS MARGIN AVG 3Y
80.90%
GROSS MARGIN AVG 5Y
72.90%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.01%
CURRENT VS 3Y AVG
+9.10%
CURRENT VS 5Y AVG
+21.07%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.61%
median of 176 covered companies
CURRENT VS SECTOR MEDIAN
+53.21%
vs the sector median at left
AppLovin Corporation
Market Cap
$115.22B
Gross Margin
88.26%
TTM Avg
88.28%
3Y Avg
80.90%
5Y Avg
72.90%
Market Cap
$108.76B
Gross Margin
48.19%
TTM Avg
49.52%
3Y Avg
49.47%
5Y Avg
48.53%
Market Cap
$94.09B
Gross Margin
88.50%
TTM Avg
86.20%
3Y Avg
87.84%
5Y Avg
88.28%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AppLovin Corporation (APP) | $115.22B | 88.26% | 88.28% | 80.90% | 72.90% |
| Fortinet, Inc. (FTNT)vs › | $117.12B | 80.38% | 80.70% | 78.38% | 78.02% |
| Snowflake Inc. (SNOW)vs › | $112.87B | 67.15% | 66.84% | 66.73% | 64.72% |
| Cloudflare, Inc. (NET)vs › | $109.34B | 72.58% | 75.91% | 76.08% | 76.41% |
| Automatic Data Processing, Inc. (ADP)vs › | $108.76B | 48.19% | 49.52% | 49.47% | 48.53% |
| Accenture plc (ACN)vs › | $106.09B | 31.97% | 32.26% | 32.21% | 32.13% |
| Adobe Inc. (ADBE)vs › | $105.55B | 89.12% | 88.83% | 88.31% | 88.28% |
| ServiceNow, Inc. (NOW)vs › | $129.07B | 74.77% | 78.36% | 78.40% | 78.13% |
| Cadence Design Systems, Inc. (CDNS)vs › | $94.09B | 88.50% | 86.20% | 87.84% | 88.28% |
| Intuit Inc. (INTU)vs › | $90.27B | 81.03% | 79.74% | 79.67% | 80.55% |
Gross Margin
88.3%
(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 |
|---|---|
| 2026-06-30 | 88.26% |
| 2026-03-31 | 88.95% |
| 2025-12-31 | 88.93% |
| 2025-09-30 | 87.56% |
| 2025-06-30 | 87.68% |
| 2025-03-31 | 86.91% |
| 2024-12-31 | 76.66% |
| 2024-09-30 | 85.52% |
| 2024-06-30 | 82.88% |
| 2024-03-31 | 72.20% |
| 2023-12-31 | 71.30% |
| 2023-09-30 | 69.33% |
| 2023-06-30 | 65.53% |
| 2023-03-31 | 63.38% |
| 2022-12-31 | 47.41% |
| 2022-09-30 | 57.79% |
| 2022-06-30 | 60.85% |
| 2022-03-31 | 54.95% |
| 2021-12-31 | 66.59% |
| 2021-09-30 | 65.05% |
| 2021-06-30 | 63.24% |
| 2021-03-31 | 63.06% |
| 2020-12-31 | 61.16% |
| 2020-09-30 | 57.29% |
| 2020-06-30 | 60.56% |
| 2020-03-31 | 70.62% |
| 2019-12-31 | 72.85% |
| 2019-09-30 | 73.48% |
| 2019-06-30 | 76.63% |
| 2019-03-31 | 77.67% |
