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 40.85% is 14% below its 5-year average of 47.67%, near the low end of its 5-year range (38.93%–52.70%).
1.46% below its 12-month average of 41.45%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 39.03%.
GROSS MARGIN
40.85%
GROSS MARGIN AVG TTM
41.45%
GROSS MARGIN AVG 3Y
46.94%
GROSS MARGIN AVG 5Y
47.67%
GROSS MARGIN AVG 10Y
47.79%
GROSS MARGIN AVG 15Y
53.12%
GROSS MARGIN AVG 20Y
55.90%
CURRENT VS TTM AVG
-1.46%
CURRENT VS 3Y AVG
-12.98%
CURRENT VS 5Y AVG
-14.30%
CURRENT VS 10Y AVG
-14.52%
CURRENT VS 15Y AVG
-23.09%
CURRENT VS 20Y AVG
-26.92%
SECTOR MEDIAN · COMMUNICATION SERVICES
54.27%
median of 34 covered companies
CURRENT VS SECTOR MEDIAN
-24.73%
vs the sector median at left
Market Cap
$23.78B
Gross Margin
53.42%
TTM Avg
76.71%
3Y Avg
51.22%
5Y Avg
48.87%
Market Cap
$20.34B
Gross Margin
17.54%
TTM Avg
17.38%
3Y Avg
17.44%
5Y Avg
17.20%
Market Cap
$39.27B
Gross Margin
23.01%
TTM Avg
24.09%
3Y Avg
24.56%
5Y Avg
25.57%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Baidu, Inc. (BIDU) | $28.68B | 40.85% | 41.45% | 46.94% | 47.67% |
| Reddit, Inc. (RDDT)vs › | $28.46B | 91.44% | 90.84% | 88.03% | 85.52% |
| Fox Corporation (FOXA)vs › | $27.31B | 36.63% | 34.87% | 67.44% | 78.29% |
| Fox Corporation (FOX)vs › | $24.51B | 49.37% | 41.24% | 70.62% | 80.41% |
| AST SpaceMobile, Inc. (ASTS)vs › | $23.78B | 53.42% | 76.71% | 51.22% | 48.87% |
| Roku, Inc. (ROKU)vs › | $22.61B | 45.50% | 43.84% | 44.37% | 45.65% |
| Omnicom Group Inc. (OMC)vs › | $20.34B | 17.54% | 17.38% | 17.44% | 17.20% |
| Live Nation Entertainment, Inc. (LYV)vs › | $39.27B | 23.01% | 24.09% | 24.56% | 25.57% |
| News Corporation (NWS)vs › | $17.33B | 56.89% | 56.54% | 54.69% | 53.13% |
| News Corporation (NWSA)vs › | $16.10B | 56.89% | 78.44% | 89.22% | 92.81% |
Gross Margin
40.9%
(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 | 39.03% |
| 2026-03-31 | 38.93% |
| 2025-12-31 | 44.18% |
| 2025-09-30 | 41.25% |
| 2025-06-30 | 43.88% |
| 2025-03-31 | 46.11% |
| 2024-12-31 | 47.21% |
| 2024-09-30 | 51.13% |
| 2024-06-30 | 51.67% |
| 2024-03-31 | 51.48% |
| 2023-12-31 | 50.16% |
| 2023-09-30 | 52.70% |
| 2023-06-30 | 52.53% |
| 2023-03-31 | 51.35% |
| 2022-12-31 | 48.77% |
| 2022-09-30 | 49.99% |
| 2022-06-30 | 48.83% |
| 2022-03-31 | 45.28% |
| 2021-12-31 | 47.75% |
| 2021-09-30 | 49.48% |
| 2021-06-30 | 49.29% |
| 2021-03-31 | 46.68% |
| 2020-12-31 | 52.01% |
| 2020-09-30 | 54.61% |
| 2020-06-30 | 49.55% |
| 2020-03-31 | 34.85% |
| 2019-12-31 | 46.28% |
| 2019-09-30 | 41.67% |
| 2019-06-30 | 38.78% |
| 2019-03-31 | 38.49% |
| 2018-12-31 | 42.60% |
| 2018-09-30 | 49.59% |
| 2018-06-30 | 53.75% |
| 2018-03-31 | 52.63% |
| 2017-12-31 | 51.41% |
| 2017-09-30 | 49.76% |
| 2017-06-30 | 49.31% |
| 2017-03-31 | 45.34% |
| 2016-12-31 | 46.62% |
| 2016-09-30 | 49.29% |
| 2016-06-30 | 52.16% |
| 2016-03-31 | 52.19% |
| 2015-12-31 | 56.42% |
| 2015-09-30 | 59.31% |
| 2015-06-30 | 60.77% |
| 2015-03-31 | 58.14% |
| 2014-12-31 | 61.29% |
| 2014-09-30 | 62.51% |
| 2014-06-30 | 62.11% |
| 2014-03-31 | 59.59% |
| 2013-12-31 | 61.60% |
| 2013-09-30 | 65.37% |
| 2013-06-30 | 65.12% |
| 2013-03-31 | 64.83% |
| 2012-12-31 | 68.54% |
| 2012-09-30 | 72.86% |
| 2012-06-30 | 72.36% |
| 2012-03-31 | 70.67% |
| 2011-12-31 | 72.27% |
| 2011-09-30 | 73.51% |
| 2011-06-30 | 74.22% |
| 2011-03-31 | 72.51% |
| 2010-06-30 | 72.92% |
| 2010-03-31 | 67.05% |
| 2009-12-31 | 172.30% |
| 2009-09-30 | 65.37% |
| 2009-06-30 | 63.68% |
| 2009-03-31 | 60.25% |
| 2008-12-31 | 60.98% |
| 2008-09-30 | 66.34% |
| 2008-06-30 | 64.99% |
| 2008-03-31 | 60.20% |
| 2007-12-31 | 62.18% |
| 2007-09-30 | 63.61% |
| 2007-06-30 | 63.42% |
| 2007-03-31 | 63.02% |
| 2006-12-31 | 71.38% |
| 2006-09-30 | 71.42% |
| 2006-06-30 | 70.44% |
| 2006-03-31 | 68.45% |
| 2005-12-31 | 81.11% |
| 2005-09-30 | 65.83% |
| 2005-06-30 | 69.66% |
| 2005-03-31 | 71.98% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
