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 66.11% is in line with its 5-year average of 67.53%, around the middle of its 5-year range (60.82%–73.93%).
0.64% below its 12-month average of 66.54%.
Reported quarterly gross margin; no daily interpolation. Q3 FY2026 (2026-07-31): 65.44%.
GROSS MARGIN
66.11%
GROSS MARGIN AVG TTM
66.54%
GROSS MARGIN AVG 3Y
66.34%
GROSS MARGIN AVG 5Y
67.53%
GROSS MARGIN AVG 10Y
66.61%
GROSS MARGIN AVG 15Y
64.50%
GROSS MARGIN AVG 20Y
62.11%
CURRENT VS TTM AVG
-0.64%
CURRENT VS 3Y AVG
-0.34%
CURRENT VS 5Y AVG
-2.11%
CURRENT VS 10Y AVG
-0.76%
CURRENT VS 15Y AVG
+2.49%
CURRENT VS 20Y AVG
+6.44%
SECTOR MEDIAN · INDUSTRIALS
27.79%
median of 360 covered companies
CURRENT VS SECTOR MEDIAN
+137.93%
vs the sector median at left
Coda Octopus Group, Inc.
Market Cap
$121.61M
Gross Margin
66.11%
TTM Avg
66.54%
3Y Avg
66.34%
5Y Avg
67.53%
Market Cap
$121.83M
Gross Margin
3.01%
TTM Avg
4.85%
3Y Avg
1.25%
5Y Avg
2.59%
Market Cap
$118.22M
Gross Margin
-1.24%
TTM Avg
29.96%
3Y Avg
48.96%
5Y Avg
60.29%
Market Cap
$112.59M
Gross Margin
6.38%
TTM Avg
16.54%
3Y Avg
13.97%
5Y Avg
12.13%
Market Cap
$135.00M
Gross Margin
34.03%
TTM Avg
31.95%
3Y Avg
31.95%
5Y Avg
31.95%
Market Cap
$109.59M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$104.78M
Gross Margin
33.05%
TTM Avg
34.58%
3Y Avg
33.18%
5Y Avg
34.92%
Market Cap
$102.06M
Gross Margin
95.04%
TTM Avg
77.04%
3Y Avg
71.94%
5Y Avg
76.17%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coda Octopus Group, Inc. (CODA) | $121.61M | 66.11% | 66.54% | 66.34% | 67.53% |
| Wheels Up Experience Inc. (UP)vs › | $121.83M | 3.01% | 4.85% | 1.25% | 2.59% |
| Mobile Infrastructure Corp (BEEP)vs › | $118.22M | -1.24% | 29.96% | 48.96% | 60.29% |
| CBAK Energy Technology, Inc. (CBAT)vs › | $112.59M | 6.38% | 16.54% | 13.97% | 12.13% |
| Capstone Energy+, Inc. (CEPL)vs › | $135.00M | 34.03% | 31.95% | 31.95% | 31.95% |
| New Horizon Aircraft Ltd (HOVR)vs › | $109.59M | 0.00% | 0.00% | 0.00% | 0.00% |
| HUHUTECH International Group Inc. Ordinary Shares (HUHU)vs › | $104.78M | 33.05% | 34.58% | 33.18% | 34.92% |
| Heidmar Maritime Holdings Corp. (HMR)vs › | $102.06M | 95.04% | 77.04% | 71.94% | 76.17% |
| Broadwind, Inc. (BWEN)vs › | $100.40M | 11.39% | 12.29% | 11.66% | 9.91% |
| Merlin, Inc. (MRLN)vs › | $147.68M | 0.00% | -295.81% | -188.30% | -188.30% |
Gross Margin
66.1%
(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 |
|---|---|
| 2026-07-31 | 65.44% |
| 2026-04-30 | 66.31% |
| 2026-01-31 | 65.08% |
| 2025-10-31 | 67.57% |
| 2025-07-31 | 68.28% |
| 2025-04-30 | 64.09% |
| 2025-01-31 | 65.81% |
| 2024-10-31 | 65.27% |
| 2024-07-31 | 73.93% |
| 2024-04-30 | 70.23% |
| 2024-01-31 | 64.92% |
| 2023-10-31 | 64.25% |
| 2023-07-31 | 68.81% |
| 2023-04-30 | 68.34% |
| 2023-01-31 | 67.06% |
| 2022-10-31 | 66.92% |
| 2022-07-31 | 72.80% |
| 2022-04-30 | 60.82% |
| 2022-01-31 | 71.25% |
| 2021-10-31 | 68.75% |
| 2021-07-31 | 72.29% |
| 2021-04-30 | 69.79% |
| 2021-01-31 | 65.64% |
| 2020-10-31 | 62.22% |
| 2020-07-31 | 67.07% |
| 2020-04-30 | 58.54% |
| 2020-01-31 | 63.98% |
| 2019-10-31 | 61.98% |
| 2019-07-31 | 68.20% |
| 2019-04-30 | 69.65% |
| 2019-01-31 | 61.35% |
| 2018-10-31 | 66.70% |
| 2018-07-31 | 72.58% |
| 2018-04-30 | 73.32% |
| 2018-01-31 | 68.99% |
| 2017-10-31 | 96.69% |
| 2017-07-31 | 60.69% |
| 2017-04-30 | 61.85% |
| 2017-01-31 | 62.99% |
| 2016-10-31 | 64.31% |
| 2016-07-31 | 66.52% |
| 2016-04-30 | 61.07% |
| 2016-01-31 | 46.79% |
| 2015-10-31 | 40.62% |
| 2015-07-31 | 57.95% |
| 2015-04-30 | 59.77% |
| 2015-01-31 | 55.04% |
| 2014-10-31 | 57.03% |
| 2014-07-31 | 61.44% |
| 2014-04-30 | 63.74% |
| 2014-01-31 | 63.82% |
| 2013-10-31 | 66.19% |
| 2013-07-31 | 58.57% |
| 2013-04-30 | 53.93% |
| 2013-01-31 | 60.93% |
| 2012-10-31 | 58.68% |
| 2012-07-31 | 63.03% |
| 2012-04-30 | 51.27% |
| 2012-01-31 | 46.60% |
| 2011-10-31 | 44.46% |
| 2011-07-31 | 55.24% |
| 2011-04-30 | 50.34% |
| 2011-01-31 | 51.25% |
| 2010-10-31 | 3.21% |
| 2010-07-31 | 48.98% |
| 2010-04-30 | 61.68% |
| 2010-01-31 | 57.44% |
| 2009-10-31 | 28.75% |
| 2009-07-31 | 51.41% |
| 2009-04-30 | 63.42% |
| 2009-01-31 | 54.92% |
| 2008-10-31 | 46.29% |
| 2008-07-31 | 60.37% |
| 2008-04-30 | 74.36% |
| 2008-01-31 | 47.47% |
| 2007-10-31 | 38.37% |
| 2007-07-31 | 60.74% |
| 2007-04-30 | 55.17% |
| 2007-01-31 | 100.00% |
| 2006-10-31 | 100.00% |
| 2006-07-31 | 100.00% |
| 2006-04-30 | 45.56% |
| 2006-01-31 | 63.32% |