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 21.36% is in line with its 5-year average of 20.67%, near the high end of its 5-year range (17.15%–22.99%).
0.33% above its 12-month average of 21.29%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 20.08%.
GROSS MARGIN
21.36%
GROSS MARGIN AVG TTM
21.29%
GROSS MARGIN AVG 3Y
21.65%
GROSS MARGIN AVG 5Y
20.67%
GROSS MARGIN AVG 10Y
18.77%
GROSS MARGIN AVG 15Y
17.97%
GROSS MARGIN AVG 20Y
16.64%
CURRENT VS TTM AVG
+0.33%
CURRENT VS 3Y AVG
-1.36%
CURRENT VS 5Y AVG
+3.35%
CURRENT VS 10Y AVG
+13.78%
CURRENT VS 15Y AVG
+18.84%
CURRENT VS 20Y AVG
+28.35%
SECTOR MEDIAN · TECHNOLOGY
56.22%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-62.01%
vs the sector median at left
Market Cap
$16.82B
Gross Margin
62.49%
TTM Avg
64.23%
3Y Avg
63.67%
5Y Avg
62.32%
Market Cap
$16.84B
Gross Margin
63.23%
TTM Avg
60.41%
3Y Avg
59.45%
5Y Avg
58.59%
Market Cap
$15.85B
Gross Margin
56.41%
TTM Avg
57.05%
3Y Avg
59.05%
5Y Avg
60.69%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CDW Corporation (CDW) | $16.65B | 21.36% | 21.29% | 21.65% | 20.67% |
| IonQ, Inc. (IONQ)vs › | $16.64B | 36.29% | 46.29% | 44.75% | 18.01% |
| BE Semiconductor Industries N.V. (BESIY)vs › | $16.82B | 62.49% | 64.23% | 63.67% | 62.32% |
| Fortive Corporation (FTV)vs › | $16.84B | 63.23% | 60.41% | 59.45% | 58.59% |
| Dynatrace, Inc. (DT)vs › | $16.86B | 81.37% | 81.36% | 81.21% | 81.35% |
| PTC Inc. (PTC)vs › | $16.14B | 84.09% | 82.21% | 80.86% | 79.99% |
| Unity Software Inc. (U)vs › | $17.40B | 74.17% | 73.83% | 70.58% | 72.86% |
| MKS Inc. (MKSI)vs › | $17.45B | 44.12% | 44.04% | 44.25% | 44.80% |
| Akamai Technologies, Inc. (AKAM)vs › | $15.85B | 56.41% | 57.05% | 59.05% | 60.69% |
| Toast, Inc. (TOST)vs › | $17.62B | 26.68% | 24.88% | 22.51% | 20.91% |
Gross Margin
21.4%
(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 | 20.08% |
| 2026-03-31 | 20.95% |
| 2025-12-31 | 22.76% |
| 2025-09-30 | 21.88% |
| 2025-06-30 | 20.77% |
| 2025-03-31 | 21.59% |
| 2024-12-31 | 22.28% |
| 2024-09-30 | 21.77% |
| 2024-06-30 | 21.81% |
| 2024-03-31 | 21.82% |
| 2023-12-31 | 22.99% |
| 2023-09-30 | 21.81% |
| 2023-06-30 | 21.00% |
| 2023-03-31 | 21.35% |
| 2022-12-31 | 21.72% |
| 2022-09-30 | 19.84% |
| 2022-06-30 | 19.01% |
| 2022-03-31 | 18.56% |
| 2021-12-31 | 17.62% |
| 2021-09-30 | 17.26% |
| 2021-06-30 | 17.15% |
| 2021-03-31 | 16.44% |
| 2020-12-31 | 17.77% |
| 2020-09-30 | 17.36% |
| 2020-06-30 | 17.12% |
| 2020-03-31 | 17.24% |
| 2019-12-31 | 17.14% |
| 2019-09-30 | 16.64% |
| 2019-06-30 | 16.71% |
| 2019-03-31 | 16.98% |
| 2018-12-31 | 17.03% |
| 2018-09-30 | 16.32% |
| 2018-06-30 | 16.62% |
| 2018-03-31 | 16.75% |
| 2017-12-31 | 16.00% |
| 2017-09-30 | 16.33% |
| 2017-06-30 | 16.47% |
| 2017-03-31 | 17.00% |
| 2016-12-31 | 16.55% |
| 2016-09-30 | 16.57% |
| 2016-06-30 | 16.66% |
| 2016-03-31 | 16.83% |
| 2015-12-31 | 16.31% |
| 2015-09-30 | 16.20% |
| 2015-06-30 | 16.13% |
| 2015-03-31 | 16.57% |
| 2014-12-31 | 16.13% |
| 2014-09-30 | 15.53% |
| 2014-06-30 | 16.00% |
| 2014-03-31 | 16.03% |
| 2013-12-31 | 16.52% |
| 2013-09-30 | 16.00% |
| 2013-06-30 | 16.25% |
| 2013-03-31 | 16.67% |
| 2012-12-31 | 16.36% |
| 2012-09-30 | 16.49% |
| 2012-06-30 | 16.52% |
| 2012-03-31 | 16.58% |
| 2011-12-31 | 16.67% |
| 2011-09-30 | 16.30% |
| 2011-06-30 | 16.66% |
| 2011-03-31 | 16.51% |
| 2010-12-31 | 15.72% |
| 2010-09-30 | 15.52% |
| 2010-06-30 | 16.19% |
| 2010-03-31 | 15.82% |
| 2009-12-31 | 15.40% |
| 2009-09-30 | 15.35% |
| 2007-06-30 | 16.13% |
| 2007-03-31 | 16.21% |
| 2006-12-31 | 15.57% |
| 2006-09-30 | 15.40% |
| 2006-06-30 | 16.16% |
| 2006-03-31 | 15.98% |
| 2005-12-31 | 15.48% |
| 2005-09-30 | 15.26% |
| 2005-06-30 | 15.42% |
| 2005-03-31 | 15.35% |
| 2004-12-31 | 14.81% |
| 2004-09-30 | 15.09% |
| 2004-06-30 | 15.51% |
| 2004-03-31 | 15.30% |
| 2003-12-31 | 14.36% |
| 2003-09-30 | 14.41% |
| 2003-06-30 | 14.55% |
| 2003-03-31 | 14.48% |
| 2002-12-31 | 13.22% |
| 2002-09-30 | 13.64% |
| 2002-06-30 | 12.99% |
| 2002-03-31 | 12.98% |
| 2001-12-31 | 13.19% |
| 2001-09-30 | 13.52% |
| 2001-06-30 | 13.33% |
| 2001-03-31 | 13.18% |
| 2000-12-31 | 12.64% |
| 2000-09-30 | 12.76% |
