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 37.96% is 15% above its 5-year average of 32.95%, around the middle of its 5-year range (7.67%–73.52%).
5.78% below its 12-month average of 40.29%.
Reported quarterly gross margin; no daily interpolation. Q3 FY2026 (2026-06-30): 31.79%.
GROSS MARGIN
37.96%
GROSS MARGIN AVG TTM
40.29%
GROSS MARGIN AVG 3Y
27.36%
GROSS MARGIN AVG 5Y
32.95%
GROSS MARGIN AVG 10Y
37.55%
GROSS MARGIN AVG 15Y
40.69%
GROSS MARGIN AVG 20Y
37.98%
CURRENT VS TTM AVG
-5.78%
CURRENT VS 3Y AVG
+38.75%
CURRENT VS 5Y AVG
+15.19%
CURRENT VS 10Y AVG
+1.09%
CURRENT VS 15Y AVG
-6.70%
CURRENT VS 20Y AVG
-0.04%
SECTOR MEDIAN · TECHNOLOGY
49.69%
median of 390 covered companies
CURRENT VS SECTOR MEDIAN
-23.60%
vs the sector median at left
Clearfield, Inc.
Market Cap
$450.63M
Gross Margin
37.96%
TTM Avg
40.29%
3Y Avg
27.36%
5Y Avg
32.95%
Market Cap
$446.61M
Gross Margin
33.16%
TTM Avg
66.58%
3Y Avg
33.29%
5Y Avg
33.29%
Market Cap
$412.09M
Gross Margin
-43.40%
TTM Avg
-293.20%
3Y Avg
-190.49%
5Y Avg
-175.35%
Market Cap
$380.77M
Gross Margin
29.69%
TTM Avg
19.67%
3Y Avg
28.98%
5Y Avg
28.98%
Market Cap
$378.52M
Gross Margin
55.74%
TTM Avg
54.59%
3Y Avg
52.58%
5Y Avg
51.62%
Market Cap
$546.27M
Gross Margin
19.28%
TTM Avg
17.71%
3Y Avg
17.21%
5Y Avg
19.36%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Clearfield, Inc. (CLFD) | $450.63M | 37.96% | 40.29% | 27.36% | 32.95% |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $446.61M | 33.16% | 66.58% | 33.29% | 33.29% |
| Arqit Quantum Inc. (ARQQ)vs › | $412.09M | -43.40% | -293.20% | -190.49% | -175.35% |
| Allot Ltd. (ALLT)vs › | $411.44M | 71.30% | 70.10% | 66.08% | 67.37% |
| Braiin Ltd (BRAI)vs › | $502.94M | N/A | N/A | N/A | N/A |
| Gloo Holdings, Inc. (GLOO)vs › | $380.77M | 29.69% | 19.67% | 28.98% | 28.98% |
| PowerFleet, Inc. (AIOT)vs › | $378.52M | 55.74% | 54.59% | 52.58% | 51.62% |
| Cerence Inc. (CRNC)vs › | $361.50M | 78.69% | 72.54% | 69.41% | 68.65% |
| Methode Electronics, Inc. (MEI)vs › | $546.27M | 19.28% | 17.71% | 17.21% | 19.36% |
| SEALSQ Corp (LAES)vs › | $343.65M | 47.28% | 40.62% | 42.55% | 38.90% |
Gross Margin
38.0%
(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 | 31.79% |
| 2026-03-31 | 32.45% |
| 2025-12-31 | 33.16% |
| 2025-09-30 | 73.52% |
| 2025-06-30 | 30.53% |
| 2025-03-31 | 30.09% |
| 2024-12-31 | 29.21% |
| 2024-09-30 | 22.81% |
| 2024-06-30 | 21.91% |
| 2024-03-31 | 7.67% |
| 2023-12-31 | 13.72% |
| 2023-09-30 | 24.14% |
| 2023-06-30 | 31.12% |
| 2023-03-31 | 32.81% |
| 2022-12-31 | 35.66% |
| 2022-09-30 | 39.47% |
| 2022-06-30 | 41.13% |
| 2022-03-31 | 43.30% |
| 2021-12-31 | 44.95% |
| 2021-09-30 | 43.61% |
| 2021-06-30 | 44.24% |
| 2021-03-31 | 43.59% |
| 2020-12-31 | 41.97% |
| 2020-09-30 | 41.16% |
| 2020-06-30 | 41.55% |
| 2020-03-31 | 39.94% |
| 2019-12-31 | 39.88% |
| 2019-09-30 | 38.82% |
| 2019-06-30 | 38.43% |
| 2019-03-31 | 36.81% |
| 2018-12-31 | 39.56% |
| 2018-09-30 | 38.34% |
| 2018-06-30 | 39.53% |
| 2018-03-31 | 40.28% |
| 2017-12-31 | 42.14% |
| 2017-09-30 | 41.67% |
| 2017-06-30 | 40.47% |
| 2017-03-31 | 42.16% |
| 2016-12-31 | 39.46% |
| 2016-09-30 | 45.47% |
| 2016-06-30 | 43.24% |
| 2016-03-31 | 42.96% |
| 2015-12-31 | 42.56% |
| 2015-09-30 | 41.69% |
| 2015-06-30 | 42.85% |
| 2015-03-31 | 38.42% |
| 2014-12-31 | 41.06% |
| 2014-09-30 | 41.18% |
| 2014-06-30 | 42.08% |
| 2014-03-31 | 43.29% |
| 2013-12-31 | 42.96% |
| 2013-09-30 | 43.18% |
| 2013-06-30 | 41.59% |
| 2013-03-31 | 40.09% |
| 2012-12-31 | 38.23% |
| 2012-09-30 | 40.52% |
| 2012-06-30 | 42.22% |
| 2012-03-31 | 38.24% |
| 2011-12-31 | 41.40% |
| 2011-09-30 | 41.86% |
| 2011-06-30 | 42.66% |
| 2011-03-31 | 40.64% |
| 2010-12-31 | 40.93% |
| 2010-09-30 | 39.13% |
| 2010-06-30 | 38.41% |
| 2010-03-31 | 36.69% |
| 2009-12-31 | 34.43% |
| 2009-09-30 | 35.57% |
| 2009-06-30 | 37.49% |
| 2009-03-31 | 34.75% |
| 2008-12-31 | 33.95% |
| 2008-09-30 | 35.18% |
| 2008-06-30 | 34.19% |
| 2008-03-31 | 32.44% |
| 2007-12-31 | 30.86% |
| 2007-09-30 | 35.68% |
| 2007-06-30 | 29.55% |
| 2007-03-31 | 20.96% |
| 2006-12-31 | 27.65% |
| 2006-09-30 | 28.22% |
| 2006-06-30 | 26.46% |
| 2006-03-31 | 22.99% |
| 2005-12-31 | 23.39% |
| 2005-09-30 | 22.22% |
| 2005-06-30 | 20.64% |
| 2005-03-31 | 21.83% |
| 2004-12-31 | 18.19% |
| 2004-09-30 | 21.33% |
| 2004-06-30 | 16.29% |
| 2004-03-31 | 2.60% |
| 2003-12-31 | -0.38% |
| 2003-09-30 | 6.14% |
| 2003-06-30 | -19.20% |
| 2003-03-31 | -171.66% |
| 2002-12-31 | -1262.18% |
| 2002-09-30 | -1748.19% |