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 87.61% is in line with its 5-year average of 89.66%, near the low end of its 5-year range (87.61%–90.45%).
As of the fiscal period ended Thursday, April 30, 2026. 1.30% below its 12-month average of 88.76%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
87.61%
GROSS MARGIN AVG TTM
88.76%
GROSS MARGIN AVG 3Y
89.36%
GROSS MARGIN AVG 5Y
89.66%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.30%
CURRENT VS 3Y AVG
-1.96%
CURRENT VS 5Y AVG
-2.29%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.41%
median of 171 covered companies
CURRENT VS SECTOR MEDIAN
+55.31%
vs the sector median at left
Market Cap
$2.14B
Gross Margin
-8.25%
TTM Avg
-12.52%
3Y Avg
-8.09%
5Y Avg
6.92%
Market Cap
$2.41B
Gross Margin
10.14%
TTM Avg
10.71%
3Y Avg
12.68%
5Y Avg
13.38%
Market Cap
$1.57B
Gross Margin
5.41%
TTM Avg
-12.42%
3Y Avg
-5.56%
5Y Avg
2.26%
Market Cap
$1.17B
Gross Margin
100.00%
TTM Avg
100.00%
3Y Avg
100.00%
5Y Avg
93.67%
Market Cap
$1.14B
Gross Margin
83.93%
TTM Avg
84.20%
3Y Avg
84.21%
5Y Avg
82.66%
Market Cap
$3.25B
Gross Margin
37.92%
TTM Avg
41.17%
3Y Avg
41.46%
5Y Avg
41.69%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Asana, Inc. (ASAN) | $2.14B | 87.61% | 88.76% | 89.36% | 89.66% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.14B | -8.25% | -12.52% | -8.09% | 6.92% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.41B | 10.14% | 10.71% | 12.68% | 13.38% |
| Red Cat Holdings, Inc. (RCAT)vs › | $1.57B | 5.41% | -12.42% | -5.56% | 2.26% |
| C3.ai, Inc. (AI)vs › | $1.53B | 30.92% | 45.77% | 54.17% | 61.19% |
| POET Technologies Inc. (POET)vs › | $1.17B | 100.00% | 100.00% | 100.00% | 93.67% |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.14B | 83.93% | 84.20% | 84.21% | 82.66% |
| PagerDuty, Inc. (PD)vs › | $1.04B | 85.02% | 83.95% | 82.71% | 83.21% |
| Veeco Instruments Inc. (VECO)vs › | $3.25B | 37.92% | 41.17% | 41.46% | 41.69% |
| LightPath Technologies, Inc. (LPTH)vs › | $862.10M | 32.10% | 27.22% | 30.32% | 32.64% |
Gross Margin
87.6%
(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 |
|---|---|
| 2026-04-30 | 87.61% |
| 2026-01-31 | 87.84% |
| 2025-10-31 | 88.90% |
| 2025-07-31 | 89.73% |
| 2025-04-30 | 89.73% |
| 2025-01-31 | 89.59% |
| 2024-10-31 | 89.23% |
| 2024-07-31 | 88.85% |
| 2024-04-30 | 89.68% |
| 2024-01-31 | 89.84% |
| 2023-10-31 | 90.36% |
| 2023-07-31 | 90.01% |
| 2023-04-30 | 90.26% |
| 2023-01-31 | 89.88% |
| 2022-10-31 | 89.28% |
| 2022-07-31 | 89.80% |
| 2022-04-30 | 89.69% |
| 2022-01-31 | 89.70% |
| 2021-10-31 | 90.45% |
| 2021-07-31 | 88.97% |
| 2021-04-30 | 89.68% |
| 2021-01-31 | 88.02% |
| 2020-10-31 | 87.57% |
| 2020-07-31 | 86.50% |
| 2020-04-30 | 86.99% |
| 2020-01-31 | 86.65% |
| 2019-10-31 | 86.01% |
| 2019-07-31 | 85.97% |
| 2019-04-30 | 85.31% |