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 68.87% is in line with its 5-year average of 69.91%, around the middle of its 5-year range (65.75%–74.09%).
0.11% above its 12-month average of 68.79%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-07-05): 70.65%.
GROSS MARGIN
68.87%
GROSS MARGIN AVG TTM
68.79%
GROSS MARGIN AVG 3Y
68.67%
GROSS MARGIN AVG 5Y
69.91%
GROSS MARGIN AVG 10Y
72.57%
GROSS MARGIN AVG 15Y
73.84%
GROSS MARGIN AVG 20Y
73.44%
CURRENT VS TTM AVG
+0.11%
CURRENT VS 3Y AVG
+0.30%
CURRENT VS 5Y AVG
-1.49%
CURRENT VS 10Y AVG
-5.10%
CURRENT VS 15Y AVG
-6.73%
CURRENT VS 20Y AVG
-6.23%
SECTOR MEDIAN · TECHNOLOGY
48.18%
median of 451 covered companies
CURRENT VS SECTOR MEDIAN
+42.94%
vs the sector median at left
Cognex Corporation
Market Cap
$10.81B
Gross Margin
68.87%
TTM Avg
68.79%
3Y Avg
68.67%
5Y Avg
69.91%
Market Cap
$10.65B
Gross Margin
87.26%
TTM Avg
86.73%
3Y Avg
83.75%
5Y Avg
83.75%
Market Cap
$10.21B
Gross Margin
28.92%
TTM Avg
27.41%
3Y Avg
24.24%
5Y Avg
22.72%
Market Cap
$10.29B
Gross Margin
43.60%
TTM Avg
42.91%
3Y Avg
42.13%
5Y Avg
41.66%
Market Cap
$10.21B
Gross Margin
81.84%
TTM Avg
81.23%
3Y Avg
78.75%
5Y Avg
78.62%
Market Cap
$11.27B
Gross Margin
-466.67%
TTM Avg
-233.34%
3Y Avg
-340.56%
5Y Avg
-352.04%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cognex Corporation (CGNX) | $10.81B | 68.87% | 68.79% | 68.67% | 69.91% |
| Maplebear Inc. (CART)vs › | $10.74B | 72.43% | 74.47% | 73.90% | 70.33% |
| Chime Financial, Inc. Class A Common Stock (CHYM)vs › | $10.65B | 87.26% | 86.73% | 83.75% | 83.75% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $10.21B | 28.92% | 27.41% | 24.24% | 22.72% |
| Jack Henry & Associates, Inc. (JKHY)vs › | $10.29B | 43.60% | 42.91% | 42.13% | 41.66% |
| HubSpot, Inc. (HUBS)vs › | $11.29B | 83.25% | 84.40% | 83.85% | 82.77% |
| Bentley Systems, Incorporated (BSY)vs › | $10.21B | 81.84% | 81.23% | 78.75% | 78.62% |
| Elastic N.V. (ESTC)vs › | $10.16B | 75.50% | 75.23% | 74.16% | 73.88% |
| Aurora Innovation, Inc. (AUR)vs › | $11.27B | -466.67% | -233.34% | -340.56% | -352.04% |
| FormFactor, Inc. (FORM)vs › | $11.43B | 45.64% | 39.73% | 39.51% | 40.25% |
Gross Margin
68.9%
(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 |
|---|---|
| 2026-07-05 | 70.65% |
| 2026-04-05 | 71.13% |
| 2025-12-31 | 65.75% |
| 2025-09-28 | 67.64% |
| 2025-06-29 | 67.39% |
| 2025-03-30 | 66.81% |
| 2024-12-31 | 68.73% |
| 2024-09-29 | 67.90% |
| 2024-06-30 | 69.62% |
| 2024-03-31 | 67.33% |
| 2023-12-31 | 68.67% |
| 2023-10-01 | 72.39% |
| 2023-07-02 | 74.09% |
| 2023-04-02 | 71.47% |
| 2022-12-31 | 70.82% |
| 2022-10-02 | 72.63% |
| 2022-07-03 | 71.55% |
| 2022-04-03 | 72.10% |
| 2021-12-31 | 71.70% |
| 2021-10-03 | 69.91% |
| 2021-07-04 | 74.58% |
| 2021-04-04 | 77.39% |
| 2020-12-31 | 75.33% |
| 2020-09-27 | 76.21% |
| 2020-06-28 | 70.24% |
| 2020-03-29 | 75.36% |
| 2019-12-31 | 73.57% |
| 2019-09-29 | 74.02% |
| 2019-06-30 | 74.39% |
| 2019-03-31 | 73.32% |
| 2018-12-31 | 72.67% |
| 2018-09-30 | 74.65% |
| 2018-07-01 | 74.36% |
| 2018-04-01 | 76.29% |
| 2017-12-31 | 77.47% |
| 2017-10-01 | 74.42% |
| 2017-07-02 | 76.32% |
| 2017-04-02 | 76.60% |
| 2016-12-31 | 79.38% |
| 2016-10-02 | 77.87% |
| 2016-07-03 | 76.09% |
| 2016-04-03 | 78.20% |
| 2015-12-31 | 76.07% |
| 2015-10-04 | 75.54% |
| 2015-07-05 | 78.79% |
| 2015-04-05 | 77.96% |
| 2014-12-31 | 74.55% |
| 2014-09-28 | 75.57% |
| 2014-06-29 | 80.29% |
| 2014-03-30 | 76.81% |
| 2013-12-31 | 76.84% |
| 2013-09-29 | 76.49% |
| 2013-06-30 | 75.55% |
| 2013-03-31 | 75.99% |
| 2012-12-31 | 75.19% |
| 2012-09-30 | 75.64% |
| 2012-07-01 | 75.63% |
| 2012-04-01 | 75.48% |
| 2011-12-31 | 74.77% |
| 2011-10-02 | 76.33% |
| 2011-07-03 | 76.76% |
| 2011-04-03 | 75.29% |
| 2010-12-31 | 71.72% |
| 2010-10-03 | 74.78% |
| 2010-07-04 | 73.94% |
| 2010-04-04 | 72.97% |
| 2009-12-31 | 68.98% |
| 2009-10-04 | 70.77% |
| 2009-07-05 | 63.44% |
| 2009-04-05 | 68.16% |
| 2008-12-31 | 71.17% |
| 2008-09-28 | 72.48% |
| 2008-06-29 | 71.64% |
| 2008-03-30 | 71.82% |
| 2007-12-31 | 73.26% |
| 2007-09-30 | 73.30% |
| 2007-07-01 | 67.15% |
| 2007-04-01 | 71.68% |
| 2006-12-31 | 72.23% |
| 2006-10-01 | 73.37% |
| 2006-07-02 | 73.69% |
| 2006-04-02 | 71.70% |
| 2005-12-31 | 71.57% |
| 2005-10-02 | 72.96% |
| 2005-07-03 | 70.58% |
| 2005-04-03 | 68.08% |
| 2004-12-31 | 76.38% |
| 2004-10-03 | 73.14% |
| 2004-07-04 | 70.80% |
| 2004-04-04 | 69.30% |
| 2003-12-31 | 68.40% |
| 2003-09-28 | 65.92% |
| 2003-06-29 | 67.24% |
| 2003-03-30 | 64.38% |
| 2002-12-31 | 67.48% |
| 2002-09-29 | 65.23% |