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 37.23% is in line with its 5-year average of 39.80%, near the low end of its 5-year range (35.72%–45.25%).
1.46% below its 12-month average of 37.78%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 35.72%.
GROSS MARGIN
37.23%
GROSS MARGIN AVG TTM
37.78%
GROSS MARGIN AVG 3Y
38.22%
GROSS MARGIN AVG 5Y
39.80%
GROSS MARGIN AVG 10Y
42.75%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.46%
CURRENT VS 3Y AVG
-2.58%
CURRENT VS 5Y AVG
-6.46%
CURRENT VS 10Y AVG
-12.91%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
55.20%
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
-32.55%
vs the sector median at left
Market Cap
$2.19B
Gross Margin
-8.25%
TTM Avg
-12.52%
3Y Avg
-8.09%
5Y Avg
6.92%
Market Cap
$2.19B
Gross Margin
10.14%
TTM Avg
10.71%
3Y Avg
12.68%
5Y Avg
13.38%
Market Cap
$1.84B
Gross Margin
9.82%
TTM Avg
19.93%
3Y Avg
35.06%
5Y Avg
23.38%
Market Cap
$1.78B
Gross Margin
6.43%
TTM Avg
3.21%
3Y Avg
3.21%
5Y Avg
3.21%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Bandwidth Inc. (BAND) | $2.05B | 37.23% | 37.78% | 38.22% | 39.80% |
| Asana, Inc. (ASAN)vs › | $2.05B | 87.56% | 89.19% | 89.53% | 89.20% |
| nCino, Inc. (NCNO)vs › | $2.05B | 61.51% | 60.31% | 59.72% | 59.18% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.19B | -8.25% | -12.52% | -8.09% | 6.92% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.19B | 10.14% | 10.71% | 12.68% | 13.38% |
| Quantum Computing, Inc. (QUBT)vs › | $1.84B | 9.82% | 19.93% | 35.06% | 23.38% |
| Wolfspeed Inc. (WOLF)vs › | $1.83B | -34.91% | -25.48% | -13.79% | 5.41% |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.78B | 6.43% | 3.21% | 3.21% | 3.21% |
| C3.ai, Inc. (AI)vs › | $1.67B | 29.09% | 45.77% | 54.17% | 61.19% |
| SoundHound AI, Inc. (SOUN)vs › | $2.54B | 37.37% | 45.61% | 58.93% | 59.94% |
Gross Margin
37.2%
(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 | 35.72% |
| 2026-03-31 | 37.32% |
| 2025-12-31 | 37.60% |
| 2025-09-30 | 38.46% |
| 2025-06-30 | 39.81% |
| 2025-03-31 | 41.04% |
| 2024-12-31 | 36.44% |
| 2024-09-30 | 37.72% |
| 2024-06-30 | 37.34% |
| 2024-03-31 | 38.29% |
| 2023-12-31 | 37.52% |
| 2023-09-30 | 39.14% |
| 2023-06-30 | 40.42% |
| 2023-03-31 | 40.37% |
| 2022-12-31 | 40.82% |
| 2022-09-30 | 42.79% |
| 2022-06-30 | 40.59% |
| 2022-03-31 | 42.18% |
| 2021-12-31 | 42.44% |
| 2021-09-30 | 44.58% |
| 2021-06-30 | 45.25% |
| 2021-03-31 | 45.96% |
| 2020-12-31 | 45.72% |
| 2020-09-30 | 46.29% |
| 2020-06-30 | 45.29% |
| 2020-03-31 | 46.94% |
| 2019-12-31 | 46.81% |
| 2019-09-30 | 45.27% |
| 2019-06-30 | 46.97% |
| 2019-03-31 | 46.05% |
| 2018-12-31 | 45.09% |
| 2018-09-30 | 45.55% |
| 2018-06-30 | 45.00% |
| 2018-03-31 | 52.15% |
| 2017-12-31 | 46.24% |
| 2017-09-30 | 45.40% |
| 2017-06-30 | 43.60% |
| 2017-03-31 | 45.57% |
| 2016-12-31 | 45.72% |
| 2016-09-30 | 44.27% |
| 2016-06-30 | 42.94% |
| 2016-03-31 | 42.94% |
