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 59.62% is in line with its 5-year average of 55.37%, near the high end of its 5-year range (51.35%–61.31%).
0.03% below its 12-month average of 59.64%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 61.31%.
GROSS MARGIN
59.62%
GROSS MARGIN AVG TTM
59.64%
GROSS MARGIN AVG 3Y
57.05%
GROSS MARGIN AVG 5Y
55.37%
GROSS MARGIN AVG 10Y
54.14%
GROSS MARGIN AVG 15Y
54.10%
GROSS MARGIN AVG 20Y
55.93%
CURRENT VS TTM AVG
-0.03%
CURRENT VS 3Y AVG
+4.51%
CURRENT VS 5Y AVG
+7.68%
CURRENT VS 10Y AVG
+10.11%
CURRENT VS 15Y AVG
+10.20%
CURRENT VS 20Y AVG
+6.60%
SECTOR MEDIAN · TECHNOLOGY
47.98%
median of 462 covered companies
CURRENT VS SECTOR MEDIAN
+24.27%
vs the sector median at left
Market Cap
$2.01B
Gross Margin
0.00%
TTM Avg
179.25%
3Y Avg
119.29%
5Y Avg
103.41%
Market Cap
$2.04B
Gross Margin
23.96%
TTM Avg
23.94%
3Y Avg
22.91%
5Y Avg
23.42%
Market Cap
$2.12B
Gross Margin
-8.25%
TTM Avg
-12.52%
3Y Avg
-8.09%
5Y Avg
6.92%
Market Cap
$1.83B
Gross Margin
9.82%
TTM Avg
19.93%
3Y Avg
35.06%
5Y Avg
23.38%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Blackbaud, Inc. (BLKB) | $1.97B | 59.62% | 59.64% | 57.05% | 55.37% |
| Amplitude, Inc. (AMPL)vs › | $1.97B | 72.42% | 74.14% | 73.17% | 72.00% |
| BitVentures Limited (BVC)vs › | $2.01B | 0.00% | 179.25% | 119.29% | 103.41% |
| GigaCloud Technology Inc. (GCT)vs › | $2.04B | 23.96% | 23.94% | 22.91% | 23.42% |
| Karooooo Ltd. (KARO)vs › | $1.91B | 67.96% | 69.05% | 66.72% | 67.33% |
| Bandwidth Inc. (BAND)vs › | $2.04B | 37.23% | 38.27% | 39.36% | 41.32% |
| nCino, Inc. (NCNO)vs › | $2.11B | 61.51% | 60.31% | 59.72% | 59.18% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.12B | -8.25% | -12.52% | -8.09% | 6.92% |
| Quantum Computing, Inc. (QUBT)vs › | $1.83B | 9.82% | 19.93% | 35.06% | 23.38% |
| Wolfspeed Inc. (WOLF)vs › | $1.77B | -34.91% | -25.48% | -13.79% | 5.41% |
Gross Margin
59.6%
(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 |
|---|---|
| 2026-06-30 | 61.31% |
| 2026-03-31 | 59.24% |
| 2025-12-31 | 58.35% |
| 2025-09-30 | 59.57% |
| 2025-06-30 | 59.71% |
| 2025-03-31 | 57.47% |
| 2024-12-31 | 54.38% |
| 2024-09-30 | 54.89% |
| 2024-06-30 | 56.59% |
| 2024-03-31 | 54.81% |
| 2023-12-31 | 53.96% |
| 2023-09-30 | 56.14% |
| 2023-06-30 | 55.22% |
| 2023-03-31 | 53.23% |
| 2022-12-31 | 51.35% |
| 2022-09-30 | 53.72% |
| 2022-06-30 | 52.74% |
| 2022-03-31 | 52.02% |
| 2021-12-31 | 51.69% |
| 2021-09-30 | 53.43% |
| 2021-06-30 | 52.90% |
| 2021-03-31 | 52.83% |
| 2020-12-31 | 52.53% |
| 2020-09-30 | 54.10% |
| 2020-06-30 | 55.11% |
| 2020-03-31 | 53.11% |
| 2019-12-31 | 51.04% |
| 2019-09-30 | 53.96% |
| 2019-06-30 | 55.32% |
| 2019-03-31 | 54.00% |
| 2018-12-31 | 53.31% |
| 2018-09-30 | 54.69% |
| 2018-06-30 | 55.46% |
| 2018-03-31 | 56.88% |
| 2017-12-31 | 52.99% |
| 2017-09-30 | 54.94% |
| 2017-06-30 | 54.42% |
| 2017-03-31 | 54.29% |
| 2016-12-31 | 53.30% |
| 2016-09-30 | 54.49% |
| 2016-06-30 | 53.65% |
| 2016-03-31 | 52.92% |
| 2015-12-31 | 51.55% |
| 2015-09-30 | 53.61% |
| 2015-06-30 | 53.20% |
| 2015-03-31 | 51.55% |
| 2014-12-31 | 49.44% |
| 2014-09-30 | 52.87% |
| 2014-06-30 | 53.59% |
| 2014-03-31 | 50.38% |
| 2013-12-31 | 50.80% |
| 2013-09-30 | 56.11% |
| 2013-06-30 | 54.88% |
| 2013-03-31 | 53.66% |
| 2012-12-31 | 53.56% |
| 2012-09-30 | 54.99% |
| 2012-06-30 | 54.17% |
| 2012-03-31 | 56.63% |
| 2011-12-31 | 55.46% |
| 2011-09-30 | 58.48% |
| 2011-06-30 | 58.11% |
| 2011-03-31 | 58.48% |
| 2010-12-31 | 58.36% |
| 2010-09-30 | 60.02% |
| 2010-06-30 | 60.72% |
| 2010-03-31 | 59.80% |
| 2009-12-31 | 62.49% |
| 2009-09-30 | 61.44% |
| 2009-06-30 | 60.09% |
| 2009-03-31 | 59.49% |
| 2008-12-31 | 59.96% |
| 2008-09-30 | 60.92% |
| 2008-06-30 | 63.93% |
| 2008-03-31 | 61.49% |
| 2007-12-31 | 62.95% |
| 2007-09-30 | 64.56% |
| 2007-06-30 | 64.72% |
| 2007-03-31 | 63.92% |
| 2006-12-31 | 69.29% |
| 2006-09-30 | 71.27% |
| 2006-06-30 | 71.09% |
| 2006-03-31 | 68.86% |
| 2005-12-31 | 67.87% |
| 2005-09-30 | 70.88% |
| 2005-06-30 | 70.82% |
| 2005-03-31 | 69.69% |
| 2004-12-31 | 68.15% |
| 2004-09-30 | 74.81% |
| 2004-06-30 | 70.64% |
| 2004-03-31 | 69.30% |
| 2003-06-30 | 66.65% |
| 2003-03-31 | 66.61% |
