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 27.14% is 37% above its 5-year average of 19.83%, near the high end of its 5-year range (-154.68%–100.00%).
13.69% above its 12-month average of 23.87%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): -2.45%.
GROSS MARGIN
27.14%
GROSS MARGIN AVG TTM
23.87%
GROSS MARGIN AVG 3Y
3.55%
GROSS MARGIN AVG 5Y
19.83%
GROSS MARGIN AVG 10Y
61.91%
GROSS MARGIN AVG 15Y
42.77%
GROSS MARGIN AVG 20Y
39.30%
CURRENT VS TTM AVG
+13.69%
CURRENT VS 3Y AVG
+665.26%
CURRENT VS 5Y AVG
+36.89%
CURRENT VS 10Y AVG
-56.16%
CURRENT VS 15Y AVG
-36.55%
CURRENT VS 20Y AVG
-30.94%
SECTOR MEDIAN · UTILITIES
35.26%
median of 53 covered companies
CURRENT VS SECTOR MEDIAN
-23.03%
vs the sector median at left
Market Cap
$310.19M
Gross Margin
0.00%
TTM Avg
50.00%
3Y Avg
66.67%
5Y Avg
66.67%
Market Cap
$347.83M
Gross Margin
37.35%
TTM Avg
43.34%
3Y Avg
46.07%
5Y Avg
47.48%
Market Cap
$372.49M
Gross Margin
-9.41%
TTM Avg
-20.04%
3Y Avg
-26.30%
5Y Avg
-28.85%
Market Cap
$230.40M
Gross Margin
44.86%
TTM Avg
59.41%
3Y Avg
67.64%
5Y Avg
70.22%
Market Cap
$488.17M
Gross Margin
35.26%
TTM Avg
35.03%
3Y Avg
34.17%
5Y Avg
34.78%
Market Cap
$14.76M
Gross Margin
N/A
TTM Avg
27.59%
3Y Avg
-82.39%
5Y Avg
-54.93%
Market Cap
$657.47M
Gross Margin
18.59%
TTM Avg
37.22%
3Y Avg
38.26%
5Y Avg
32.77%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cadiz Inc. (CDZI) | $302.71M | 27.14% | 23.87% | 3.55% | 19.83% |
| Terrestrial Energy Inc. (IMSR)vs › | $310.19M | 0.00% | 50.00% | 66.67% | 66.67% |
| Artesian Resources Corporation (ARTNA)vs › | $347.83M | 37.35% | 43.34% | 46.07% | 47.48% |
| Cadiz Inc. (CDZIP)vs › | $253.42M | 27.14% | 27.80% | -6.78% | 28.82% |
| Digi Power X Inc. (DGXX)vs › | $372.49M | -9.41% | -20.04% | -26.30% | -28.85% |
| Global Water Resources, Inc. (GWRS)vs › | $230.40M | 44.86% | 59.41% | 67.64% | 70.22% |
| Consolidated Water Co. Ltd. (CWCO)vs › | $488.17M | 35.26% | 35.03% | 34.17% | 34.78% |
| Fusion Fuel Green PLC (HTOO)vs › | $14.76M | N/A | 27.59% | -82.39% | -54.93% |
| Hallador Energy Company (HNRG)vs › | $657.47M | 18.59% | 37.22% | 38.26% | 32.77% |
| XPLR Infrastructure, LP (XIFR)vs › | $960.64M | 17.33% | 34.81% | 41.75% | 45.94% |
Gross Margin
27.1%
(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 | -2.45% |
| 2026-03-31 | 26.04% |
| 2025-12-31 | 33.03% |
| 2025-09-30 | 27.33% |
| 2025-06-30 | 35.41% |
| 2025-03-31 | 29.65% |
| 2024-12-31 | 36.15% |
| 2024-09-30 | 25.28% |
| 2024-06-30 | -66.08% |
| 2024-03-31 | -18.82% |
| 2023-12-31 | -154.68% |
| 2023-09-30 | -88.04% |
| 2023-06-30 | 5.07% |
| 2023-03-31 | 83.08% |
| 2022-12-31 | -57.49% |
| 2022-09-30 | -94.16% |
| 2022-06-30 | 100.00% |
| 2022-03-31 | 100.00% |
| 2021-12-31 | 22.54% |
| 2021-09-30 | 100.00% |
| 2021-06-30 | 100.00% |
| 2021-03-31 | 100.00% |
| 2020-12-31 | 100.00% |
| 2020-09-30 | 100.00% |
| 2020-06-30 | 100.00% |
| 2020-03-31 | 100.00% |
| 2019-12-31 | 100.00% |
| 2019-09-30 | 100.00% |
| 2019-06-30 | 100.00% |
| 2019-03-31 | 100.00% |
| 2018-12-31 | 100.00% |
| 2018-09-30 | 100.00% |
| 2018-06-30 | 100.00% |
| 2018-03-31 | 100.00% |
| 2017-12-31 | -11390.91% |
| 2017-09-30 | 100.00% |
| 2017-06-30 | 100.00% |
| 2017-03-31 | 100.00% |
| 2016-12-31 | -8349.54% |
| 2016-09-30 | 100.00% |
| 2016-06-30 | 100.00% |
| 2016-03-31 | 100.00% |
| 2015-12-31 | -104.76% |
| 2015-09-30 | -28.19% |
| 2015-06-30 | 100.00% |
| 2015-03-31 | 100.00% |
| 2014-12-31 | -368.75% |
| 2014-09-30 | 7.54% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | 100.00% |
| 2013-12-31 | -136.94% |
| 2013-09-30 | -60.44% |
| 2013-06-30 | 100.00% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | -494.74% |
| 2012-09-30 | -2.09% |
| 2012-06-30 | 66.67% |
| 2012-03-31 | 100.00% |
| 2011-12-31 | -80.80% |
| 2011-09-30 | -119.83% |
| 2011-06-30 | 55.00% |
| 2011-03-31 | 5.47% |
| 2010-12-31 | 9.57% |
| 2010-09-30 | 6.57% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | -21.22% |
| 2009-09-30 | -78.99% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | -248.28% |
| 2008-12-31 | -24.86% |
| 2008-09-30 | 22.27% |
| 2008-06-30 | 75.00% |
| 2008-03-31 | 23.53% |
| 2007-12-31 | -246.03% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 1.14% |
| 2006-12-31 | -126.19% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 17.20% |
| 2006-03-31 | 16.27% |
| 2005-12-31 | 86.28% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | -815.79% |
| 2003-06-30 | 48.45% |
| 2003-03-31 | 12.05% |
| 2002-12-31 | 17.55% |
| 2002-09-30 | 26.17% |
