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 72.68% is in line with its 5-year average of 77.48%, near the low end of its 5-year range (69.82%–81.68%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.69% below its 12-month average of 73.93%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
72.68%
GROSS MARGIN AVG TTM
73.93%
GROSS MARGIN AVG 3Y
78.15%
GROSS MARGIN AVG 5Y
78.19%
GROSS MARGIN AVG 10Y
79.36%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.69%
CURRENT VS 3Y AVG
-7.00%
CURRENT VS 5Y AVG
-7.05%
CURRENT VS 10Y AVG
-8.41%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.23%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+27.00%
vs the sector median at left
Market Cap
$26.18B
Gross Margin
44.02%
TTM Avg
42.40%
3Y Avg
31.66%
5Y Avg
29.46%
Market Cap
$26.43B
Gross Margin
78.94%
TTM Avg
77.91%
3Y Avg
77.01%
5Y Avg
76.03%
Market Cap
$25.28B
Gross Margin
32.00%
TTM Avg
34.03%
3Y Avg
34.64%
5Y Avg
35.30%
Market Cap
$25.09B
Gross Margin
67.66%
TTM Avg
68.02%
3Y Avg
67.58%
5Y Avg
66.80%
Market Cap
$26.77B
Gross Margin
24.77%
TTM Avg
23.44%
3Y Avg
24.88%
5Y Avg
23.30%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $25.92B | 72.68% | 73.93% | 78.15% | 78.19% |
| First Solar, Inc. (FSLR)vs › | $26.18B | 44.02% | 42.40% | 31.66% | 29.46% |
| HP Inc. (HPQ)vs › | $26.36B | 20.21% | 21.02% | 20.74% | 20.41% |
| Zscaler, Inc. (ZS)vs › | $26.39B | 76.67% | 77.37% | 77.50% | 77.52% |
| Roblox Corporation (RBLX)vs › | $26.43B | 78.94% | 77.91% | 77.01% | 76.03% |
| Splunk Inc. (SPLK)vs › | $26.44B | 79.74% | 78.57% | 76.28% | 77.97% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $25.28B | 32.00% | 34.03% | 34.64% | 35.30% |
| Verisk Analytics, Inc. (VRSK)vs › | $25.09B | 67.66% | 68.02% | 67.58% | 66.80% |
| Tower Semiconductor Ltd. (TSEM)vs › | $26.77B | 24.77% | 23.44% | 24.88% | 23.30% |
| VeriSign, Inc. (VRSN)vs › | $27.05B | 88.47% | 87.93% | 87.14% | 86.64% |
Gross Margin
72.7%
(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 | 72.68% |
| 2025-12-31 | 69.82% |
| 2025-09-30 | 70.84% |
| 2025-06-30 | 78.36% |
| 2025-03-31 | 77.94% |
| 2024-12-31 | 77.88% |
| 2024-09-30 | 78.27% |
| 2024-06-30 | 78.56% |
| 2024-03-31 | 77.82% |
| 2023-12-31 | 78.51% |
| 2023-09-30 | 78.55% |
| 2023-06-30 | 78.35% |
| 2023-03-31 | 77.26% |
| 2022-12-31 | 77.18% |
| 2022-09-30 | 77.23% |
| 2022-06-30 | 78.45% |
| 2022-03-31 | 77.93% |
| 2021-12-31 | 78.62% |
| 2021-09-30 | 80.20% |
| 2021-06-30 | 81.68% |
| 2021-03-31 | 80.87% |
| 2020-12-31 | 80.32% |
| 2020-09-30 | 79.52% |
| 2020-06-30 | 76.90% |
| 2020-03-31 | 64.65% |
| 2019-12-31 | 79.10% |
| 2019-09-30 | 80.18% |
| 2019-06-30 | 81.38% |
| 2019-03-31 | 79.24% |
| 2018-12-31 | 79.55% |
| 2018-09-30 | 79.28% |
| 2018-06-30 | 80.99% |
| 2018-03-31 | 80.11% |
| 2017-12-31 | 81.44% |
| 2017-09-30 | 80.74% |
| 2017-06-30 | 80.91% |
| 2017-03-31 | 80.43% |
| 2016-12-31 | 80.84% |
| 2016-09-30 | 80.13% |
| 2016-06-30 | 80.69% |
| 2016-03-31 | 80.73% |
| 2015-12-31 | 80.45% |
| 2015-09-30 | 79.85% |
| 2015-06-30 | 81.57% |
| 2015-03-31 | 80.45% |
| 2014-12-31 | 85.08% |
| 2014-09-30 | 85.96% |
| 2014-06-30 | 85.80% |
| 2014-03-31 | 85.48% |
| 2013-12-31 | 84.89% |
| 2013-09-30 | 85.13% |
| 2013-06-30 | 85.51% |
| 2013-03-31 | 84.54% |
