Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 12.73% is 53% below its 5-year average of 26.95%, around the middle of its 5-year range (-6.41%–44.90%).
49.37% below its 12-month average of 25.14%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 44.90%.
GROSS MARGIN
12.73%
GROSS MARGIN AVG TTM
25.14%
GROSS MARGIN AVG 3Y
19.83%
GROSS MARGIN AVG 5Y
26.95%
GROSS MARGIN AVG 10Y
31.71%
GROSS MARGIN AVG 15Y
28.18%
GROSS MARGIN AVG 20Y
29.12%
CURRENT VS TTM AVG
-49.37%
CURRENT VS 3Y AVG
-35.80%
CURRENT VS 5Y AVG
-52.76%
CURRENT VS 10Y AVG
-59.86%
CURRENT VS 15Y AVG
-54.83%
CURRENT VS 20Y AVG
-56.29%
SECTOR MEDIAN · TECHNOLOGY
56.77%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-77.57%
vs the sector median at left
Market Cap
$3.48B
Gross Margin
43.01%
TTM Avg
44.79%
3Y Avg
44.18%
5Y Avg
43.63%
Market Cap
$2.71B
Gross Margin
9.83%
TTM Avg
14.41%
3Y Avg
18.72%
5Y Avg
20.61%
Market Cap
$2.67B
Gross Margin
37.81%
TTM Avg
41.17%
3Y Avg
41.46%
5Y Avg
41.69%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| AXT, Inc. (AXTI) | $3.38B | 12.73% | 25.14% | 19.83% | 26.95% |
| monday.com Ltd. (MNDY)vs › | $3.42B | 88.74% | 89.27% | 88.66% | 88.01% |
| Axcelis Technologies, Inc. (ACLS)vs › | $3.48B | 43.01% | 44.79% | 44.18% | 43.63% |
| Bel Fuse Inc. (BELFB)vs › | $2.95B | 39.52% | 38.50% | 34.69% | 31.54% |
| Ambarella, Inc. (AMBA)vs › | $2.95B | 58.29% | 58.41% | 59.78% | 60.44% |
| Wix.com Ltd. (WIX)vs › | $3.88B | 66.64% | 68.00% | 66.31% | 65.83% |
| Bitdeer Technologies Group (BTDR)vs › | $2.71B | 9.83% | 14.41% | 18.72% | 20.61% |
| Itron, Inc. (ITRI)vs › | $4.08B | 39.87% | 36.04% | 33.50% | 31.77% |
| Veeco Instruments Inc. (VECO)vs › | $2.67B | 37.81% | 41.17% | 41.46% | 41.69% |
| Dlocal Limited (DLO)vs › | $4.24B | 34.28% | 38.16% | 41.79% | 46.38% |
Gross Margin
12.7%
(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 | 44.90% |
| 2026-03-31 | 29.63% |
| 2025-12-31 | 20.95% |
| 2025-09-30 | 22.26% |
| 2025-06-30 | 7.97% |
| 2025-03-31 | -6.41% |
| 2024-12-31 | 17.56% |
| 2024-09-30 | 24.03% |
| 2024-06-30 | 27.40% |
| 2024-03-31 | 26.86% |
| 2023-12-31 | 22.65% |
| 2023-09-30 | 10.75% |
| 2023-06-30 | 9.22% |
| 2023-03-31 | 26.33% |
| 2022-12-31 | 32.08% |
| 2022-09-30 | 42.01% |
| 2022-06-30 | 39.09% |
| 2022-03-31 | 33.56% |
| 2021-12-31 | 32.17% |
| 2021-09-30 | 33.26% |
| 2021-06-30 | 36.28% |
| 2021-03-31 | 36.80% |
| 2020-12-31 | 33.89% |
| 2020-09-30 | 34.64% |
| 2020-06-30 | 30.58% |
| 2020-03-31 | 26.65% |
| 2019-12-31 | 20.99% |
| 2019-09-30 | 29.03% |
| 2019-06-30 | 34.30% |
| 2019-03-31 | 33.13% |
| 2018-12-31 | 26.31% |
| 2018-09-30 | 37.08% |
| 2018-06-30 | 40.60% |
| 2018-03-31 | 39.20% |
| 2017-12-31 | 37.21% |
| 2017-09-30 | 39.52% |
| 2017-06-30 | 30.80% |
| 2017-03-31 | 30.50% |
| 2016-12-31 | 37.12% |
| 2016-09-30 | 34.65% |
| 2016-06-30 | 29.41% |
| 2016-03-31 | 28.07% |
| 2015-12-31 | 17.11% |
| 2015-09-30 | 25.07% |
| 2015-06-30 | 20.87% |
| 2015-03-31 | 23.67% |
| 2014-12-31 | 25.41% |
| 2014-09-30 | 22.98% |
| 2014-06-30 | 19.39% |
| 2014-03-31 | 14.05% |
| 2013-12-31 | 15.12% |
| 2013-09-30 | 11.92% |
| 2013-06-30 | 12.95% |
| 2013-03-31 | 15.57% |
| 2012-12-31 | 19.46% |
| 2012-09-30 | 26.27% |
| 2012-06-30 | 29.85% |
| 2012-03-31 | 34.89% |
| 2011-12-31 | 37.04% |
| 2011-09-30 | 43.23% |
| 2011-06-30 | 46.71% |
| 2011-03-31 | 43.39% |
| 2010-12-31 | 39.82% |
| 2010-09-30 | 39.28% |
| 2010-06-30 | 36.83% |
| 2010-03-31 | 36.11% |
| 2009-12-31 | 33.93% |
| 2009-09-30 | 32.93% |
| 2009-06-30 | 19.27% |
| 2009-03-31 | -3.10% |
| 2008-12-31 | 4.84% |
| 2008-09-30 | 25.40% |
| 2008-06-30 | 32.33% |
| 2008-03-31 | 31.68% |
| 2007-12-31 | 30.14% |
| 2007-09-30 | 31.30% |
| 2007-06-30 | 36.89% |
| 2007-03-31 | 43.15% |
| 2006-12-31 | 38.16% |
| 2006-09-30 | 27.73% |
| 2006-06-30 | 26.64% |
| 2006-03-31 | 17.83% |
| 2005-12-31 | 8.40% |
| 2005-09-30 | 18.61% |
| 2005-06-30 | 2.11% |
| 2005-03-31 | 4.21% |
| 2004-12-31 | 8.17% |
| 2004-09-30 | -26.21% |
| 2004-06-30 | 8.70% |
| 2004-03-31 | 5.45% |
| 2003-12-31 | 8.62% |
| 2003-09-30 | 5.86% |
| 2003-06-30 | 7.92% |
| 2003-03-31 | -2.22% |
| 2002-12-31 | -85.95% |
| 2002-09-30 | -23.70% |
