Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 37.66% is in line with its 5-year average of 34.70%, near the high end of its 5-year range (29.14%–38.86%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.83% above its 12-month average of 36.62%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
37.66%
GROSS MARGIN AVG TTM
36.62%
GROSS MARGIN AVG 3Y
33.77%
GROSS MARGIN AVG 5Y
34.70%
GROSS MARGIN AVG 10Y
36.80%
GROSS MARGIN AVG 15Y
36.59%
GROSS MARGIN AVG 20Y
37.76%
CURRENT VS TTM AVG
+2.83%
CURRENT VS 3Y AVG
+11.49%
CURRENT VS 5Y AVG
+8.52%
CURRENT VS 10Y AVG
+2.34%
CURRENT VS 15Y AVG
+2.90%
CURRENT VS 20Y AVG
-0.29%
SECTOR MEDIAN · TECHNOLOGY
56.41%
median of 171 covered companies
CURRENT VS SECTOR MEDIAN
-33.25%
vs the sector median at left
Market Cap
$63.84B
Gross Margin
27.96%
TTM Avg
23.23%
3Y Avg
31.18%
5Y Avg
34.15%
Market Cap
$63.39B
Gross Margin
35.43%
TTM Avg
34.50%
3Y Avg
32.89%
5Y Avg
32.65%
Market Cap
$68.89B
Gross Margin
55.20%
TTM Avg
55.25%
3Y Avg
56.25%
5Y Avg
56.16%
Market Cap
$59.59B
Gross Margin
55.85%
TTM Avg
55.44%
3Y Avg
56.17%
5Y Avg
54.79%
Market Cap
$58.74B
Gross Margin
63.67%
TTM Avg
62.50%
3Y Avg
63.32%
5Y Avg
62.57%
Market Cap
$72.00B
Gross Margin
32.92%
TTM Avg
30.27%
3Y Avg
31.51%
5Y Avg
31.43%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Coherent, Inc. (COHR) | $64.28B | 37.66% | 36.62% | 33.77% | 34.70% |
| Lumentum Holdings Inc. (LITE)vs › | $63.84B | 27.96% | 23.23% | 31.18% | 34.15% |
| TE Connectivity plc (TEL)vs › | $63.39B | 35.43% | 34.50% | 32.89% | 32.65% |
| Garmin Ltd. (GRMN)vs › | $59.71B | 60.08% | 58.72% | 58.17% | 58.32% |
| Monolithic Power Systems, Inc. (MPWR)vs › | $68.89B | 55.20% | 55.25% | 56.25% | 56.16% |
| NXP Semiconductors N.V. (NXPI)vs › | $59.59B | 55.85% | 55.44% | 56.17% | 54.79% |
| Teradyne, Inc. (TER)vs › | $59.32B | 59.31% | 58.52% | 58.41% | 58.41% |
| Keysight Technologies, Inc. (KEYS)vs › | $58.74B | 63.67% | 62.50% | 63.32% | 62.57% |
| Hewlett Packard Enterprise Company (HPE)vs › | $72.00B | 32.92% | 30.27% | 31.51% | 31.43% |
| Ciena Corporation (CIEN)vs › | $54.84B | 43.05% | 42.44% | 42.57% | 43.64% |
Gross Margin
37.7%
(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 |
|---|---|
| 2026-03-31 | 37.66% |
| 2025-12-31 | 36.95% |
| 2025-09-30 | 36.63% |
| 2025-06-30 | 36.62% |
| 2025-03-31 | 35.23% |
| 2024-12-31 | 35.50% |
| 2024-09-30 | 34.13% |
| 2024-06-30 | 32.86% |
| 2024-03-31 | 30.32% |
| 2023-12-31 | 30.99% |
| 2023-09-30 | 29.14% |
| 2023-06-30 | 29.16% |
| 2023-03-31 | 33.88% |
| 2022-12-31 | 30.01% |
| 2022-09-30 | 32.99% |
| 2022-06-30 | 36.76% |
| 2022-03-31 | 38.86% |
| 2021-12-31 | 38.57% |
| 2021-09-30 | 38.56% |
| 2021-06-30 | 36.86% |
| 2021-03-31 | 37.02% |
| 2020-12-31 | 39.76% |
| 2020-09-30 | 39.36% |
| 2020-06-30 | 40.49% |
| 2020-03-31 | 39.22% |
| 2019-12-31 | 34.36% |
| 2019-09-30 | 38.26% |
| 2019-06-30 | 38.22% |
| 2019-03-31 | 37.16% |
| 2018-12-31 | 38.36% |
| 2018-09-30 | 39.41% |
| 2018-06-30 | 39.71% |
| 2018-03-31 | 40.17% |
| 2017-12-31 | 38.87% |
| 2017-09-30 | 40.53% |
| 2017-06-30 | 39.74% |
| 2017-03-31 | 39.88% |
| 2016-12-31 | 40.66% |
| 2016-09-30 | 39.55% |
| 2016-06-30 | 38.35% |
| 2016-03-31 | 37.87% |
| 2015-12-31 | 37.27% |
| 2015-09-30 | 37.62% |
| 2015-06-30 | 38.13% |
| 2015-03-31 | 35.97% |
| 2014-12-31 | 35.66% |
| 2014-09-30 | 36.52% |
| 2014-06-30 | 33.16% |
| 2014-03-31 | 31.51% |
| 2013-12-31 | 31.09% |
| 2013-09-30 | 37.54% |
| 2013-06-30 | 32.80% |
| 2013-03-31 | 35.40% |
| 2012-12-31 | 37.78% |
| 2012-09-30 | 36.91% |
| 2012-06-30 | 35.25% |
| 2012-03-31 | 34.69% |
| 2011-12-31 | 34.29% |
| 2011-09-30 | 39.75% |
| 2011-06-30 | 41.57% |
| 2011-03-31 | 40.65% |
| 2010-12-31 | 41.39% |
| 2010-09-30 | 40.98% |
| 2010-06-30 | 42.43% |
| 2010-03-31 | 37.68% |
| 2009-12-31 | 38.39% |
| 2009-09-30 | 39.47% |
| 2009-06-30 | 37.39% |
| 2009-03-31 | 37.51% |
| 2008-12-31 | 44.40% |
| 2008-09-30 | 42.57% |
| 2008-06-30 | 41.23% |
| 2008-03-31 | 41.13% |
| 2007-12-31 | 41.75% |
| 2007-09-30 | 40.28% |
| 2007-06-30 | 44.87% |
| 2007-03-31 | 42.65% |
| 2006-12-31 | 46.63% |
| 2006-09-30 | 43.99% |
| 2006-06-30 | 41.09% |
| 2006-03-31 | 40.95% |
| 2005-12-31 | 40.68% |
| 2005-09-30 | 43.40% |
| 2005-06-30 | 46.08% |
| 2005-03-31 | 42.71% |
| 2004-12-31 | 46.07% |
| 2004-09-30 | 49.06% |
| 2004-06-30 | 46.56% |
| 2004-03-31 | 50.10% |
| 2003-12-31 | 45.17% |
| 2003-09-30 | 47.01% |
| 2003-06-30 | 71.57% |
| 2003-03-31 | 46.72% |
| 2002-12-31 | 44.20% |
| 2002-09-30 | 42.71% |
| 2002-06-30 | 57.97% |
