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 73.34% is in line with its 5-year average of 78.27%, near the low end of its 5-year range (69.82%–81.68%).
1.20% below its 12-month average of 74.23%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 79.45%.
GROSS MARGIN
73.34%
GROSS MARGIN AVG TTM
74.23%
GROSS MARGIN AVG 3Y
78.37%
GROSS MARGIN AVG 5Y
78.27%
GROSS MARGIN AVG 10Y
79.32%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.20%
CURRENT VS 3Y AVG
-6.42%
CURRENT VS 5Y AVG
-6.30%
CURRENT VS 10Y AVG
-7.54%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.22%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+30.44%
vs the sector median at left
Market Cap
$26.03B
Gross Margin
77.30%
TTM Avg
76.41%
3Y Avg
75.99%
5Y Avg
74.54%
Market Cap
$26.24B
Gross Margin
27.43%
TTM Avg
24.82%
3Y Avg
26.42%
5Y Avg
17.73%
Market Cap
$25.29B
Gross Margin
10.82%
TTM Avg
10.94%
3Y Avg
13.41%
5Y Avg
14.07%
Market Cap
$25.23B
Gross Margin
26.87%
TTM Avg
23.44%
3Y Avg
24.88%
5Y Avg
23.30%
Market Cap
$25.13B
Gross Margin
43.26%
TTM Avg
43.97%
3Y Avg
44.19%
5Y Avg
44.19%
Market Cap
$26.97B
Gross Margin
32.00%
TTM Avg
34.03%
3Y Avg
34.64%
5Y Avg
35.30%
Market Cap
$27.24B
Gross Margin
37.45%
TTM Avg
38.85%
3Y Avg
43.43%
5Y Avg
41.11%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corpay, Inc. (CPAY) | $26.00B | 73.34% | 74.23% | 78.37% | 78.27% |
| Zoom Communications, Inc. (ZM)vs › | $26.03B | 77.30% | 76.41% | 75.99% | 74.54% |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $26.24B | 27.43% | 24.82% | 26.42% | 17.73% |
| Super Micro Computer, Inc. (SMCI)vs › | $25.29B | 10.82% | 10.94% | 13.41% | 14.07% |
| Tower Semiconductor Ltd. (TSEM)vs › | $25.23B | 26.87% | 23.44% | 24.88% | 23.30% |
| Fiserv, Inc. (FISV)vs › | $25.16B | 59.36% | 60.09% | 58.74% | 55.38% |
| Qnity Electronics, Inc. (Q)vs › | $25.13B | 43.26% | 43.97% | 44.19% | 44.19% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.97B | 32.00% | 34.03% | 34.64% | 35.30% |
| ON Semiconductor Corporation (ON)vs › | $27.24B | 37.45% | 38.85% | 43.43% | 41.11% |
| VeriSign, Inc. (VRSN)vs › | $27.40B | 88.47% | 87.93% | 87.14% | 86.64% |
Gross Margin
73.3%
(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 | 79.45% |
| 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% |