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 76.92% is in line with its 5-year average of 75.50%, near the high end of its 5-year range (72.41%–78.10%).
As of the fiscal period ended Thursday, April 30, 2026. 0.78% below its 12-month average of 77.52%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
76.92%
GROSS MARGIN AVG TTM
77.52%
GROSS MARGIN AVG 3Y
76.99%
GROSS MARGIN AVG 5Y
75.50%
GROSS MARGIN AVG 10Y
74.87%
GROSS MARGIN AVG 15Y
75.47%
GROSS MARGIN AVG 20Y
76.26%
CURRENT VS TTM AVG
-0.78%
CURRENT VS 3Y AVG
-0.10%
CURRENT VS 5Y AVG
+1.88%
CURRENT VS 10Y AVG
+2.73%
CURRENT VS 15Y AVG
+1.91%
CURRENT VS 20Y AVG
+0.86%
SECTOR MEDIAN · TECHNOLOGY
57.73%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+33.23%
vs the sector median at left
Market Cap
$134.23B
Gross Margin
41.03%
TTM Avg
39.58%
3Y Avg
39.31%
5Y Avg
42.90%
Market Cap
$131.68B
Gross Margin
88.37%
TTM Avg
85.85%
3Y Avg
76.94%
5Y Avg
72.35%
Market Cap
$99.97B
Gross Margin
47.48%
TTM Avg
50.39%
3Y Avg
49.13%
5Y Avg
48.16%
Market Cap
$170.10B
Gross Margin
50.64%
TTM Avg
46.17%
3Y Avg
46.11%
5Y Avg
46.80%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Salesforce, Inc. (CRM) | $134.04B | 76.92% | 77.52% | 76.99% | 75.50% |
| Uber Technologies, Inc. (UBER)vs › | $134.23B | 41.03% | 39.58% | 39.31% | 42.90% |
| AppLovin Corporation (APP)vs › | $131.68B | 88.37% | 85.85% | 76.94% | 72.35% |
| Corning Inc (GLW)vs › | $126.24B | 36.31% | 33.94% | 32.72% | 33.01% |
| Shopify Inc. (SHOP)vs › | $147.61B | 47.97% | 49.22% | 49.35% | 50.64% |
| Fortinet, Inc. (FTNT)vs › | $111.63B | 80.67% | 80.70% | 78.38% | 78.02% |
| ServiceNow, Inc. (NOW)vs › | $102.12B | 74.77% | 78.36% | 78.40% | 78.13% |
| Automatic Data Processing, Inc. (ADP)vs › | $99.97B | 47.48% | 50.39% | 49.13% | 48.16% |
| Marvell Technology, Inc. (MRVL)vs › | $170.10B | 50.64% | 46.17% | 46.11% | 46.80% |
| Cloudflare, Inc. (NET)vs › | $93.11B | 73.33% | 75.91% | 76.08% | 76.41% |
Gross Margin
76.9%
(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 |
|---|---|
| 2026-04-30 | 76.92% |
| 2026-01-31 | 77.61% |
| 2025-10-31 | 78.02% |
| 2025-07-31 | 78.10% |
| 2025-04-30 | 76.96% |
| 2025-01-31 | 77.81% |
| 2024-10-31 | 77.71% |
| 2024-07-31 | 76.85% |
| 2024-04-30 | 76.33% |
| 2024-01-31 | 76.87% |
| 2023-10-31 | 75.29% |
| 2023-07-31 | 75.44% |
| 2023-04-30 | 74.23% |
| 2023-01-31 | 74.95% |
| 2022-10-31 | 73.36% |
| 2022-07-31 | 72.45% |
| 2022-04-30 | 72.41% |
| 2022-01-31 | 72.51% |
| 2021-10-31 | 73.13% |
| 2021-07-31 | 74.56% |
| 2021-04-30 | 73.92% |
| 2021-01-31 | 74.57% |
| 2020-10-31 | 74.28% |
| 2020-07-31 | 74.55% |
| 2020-04-30 | 74.22% |
| 2020-01-31 | 74.85% |
| 2019-10-31 | 74.87% |
| 2019-07-31 | 75.81% |
| 2019-04-30 | 75.54% |
| 2019-01-31 | 73.74% |
| 2018-10-31 | 73.79% |
| 2018-07-31 | 74.12% |
| 2018-04-30 | 74.48% |
| 2018-01-31 | 74.12% |
| 2017-10-31 | 74.15% |
| 2017-07-31 | 74.45% |
| 2017-04-30 | 73.13% |
| 2017-01-31 | 72.71% |
| 2016-10-31 | 72.70% |
| 2016-07-31 | 74.19% |
| 2016-04-30 | 74.07% |
| 2016-01-31 | 75.48% |
| 2015-10-31 | 75.25% |
| 2015-07-31 | 75.20% |
| 2015-04-30 | 74.73% |
| 2015-01-31 | 75.36% |
| 2014-10-31 | 75.92% |
| 2014-07-31 | 76.65% |
| 2014-04-30 | 76.17% |
| 2014-01-31 | 76.12% |
| 2013-10-31 | 75.08% |
| 2013-07-31 | 77.25% |
| 2013-04-30 | 76.59% |
| 2013-01-31 | 78.03% |
| 2012-10-31 | 76.38% |
| 2012-07-31 | 77.80% |
| 2012-04-30 | 78.21% |
| 2012-01-31 | 78.42% |
| 2011-10-31 | 78.00% |
| 2011-07-31 | 77.86% |
| 2011-04-30 | 79.57% |
| 2011-01-31 | 79.79% |
| 2010-10-31 | 80.86% |
| 2010-07-31 | 80.27% |
| 2010-04-30 | 81.00% |
| 2010-01-31 | 80.78% |
| 2009-10-31 | 80.16% |
| 2009-07-31 | 80.23% |
| 2009-04-30 | 79.73% |
| 2009-01-31 | 79.72% |
| 2008-10-31 | 79.62% |
| 2008-07-31 | 79.44% |
| 2008-04-30 | 79.28% |
| 2008-01-31 | 78.46% |
| 2007-10-31 | 77.03% |
| 2007-07-31 | 76.55% |
| 2007-04-30 | 75.88% |
| 2007-01-31 | 76.54% |
| 2006-10-31 | 75.89% |
| 2006-07-31 | 75.34% |
| 2006-04-30 | 76.54% |
| 2006-01-31 | 76.57% |
| 2005-10-31 | 76.31% |
| 2005-07-31 | 77.43% |
| 2005-04-30 | 81.36% |
| 2005-01-31 | 81.68% |
| 2004-10-31 | 80.79% |
| 2004-07-31 | 79.84% |
| 2004-04-30 | 81.74% |
| 2004-01-31 | 0.00% |
| 2003-10-31 | 0.00% |
| 2003-07-31 | 0.00% |
| 2003-04-30 | 82.26% |