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 32.00% is in line with its 5-year average of 34.85%, near the low end of its 5-year range (29.63%–37.88%).
1.02% below its 12-month average of 32.33%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
32.00%
GROSS MARGIN AVG TTM
32.33%
GROSS MARGIN AVG 3Y
34.13%
GROSS MARGIN AVG 5Y
34.85%
GROSS MARGIN AVG 10Y
36.15%
GROSS MARGIN AVG 15Y
37.68%
GROSS MARGIN AVG 20Y
39.13%
CURRENT VS TTM AVG
-1.02%
CURRENT VS 3Y AVG
-6.24%
CURRENT VS 5Y AVG
-8.17%
CURRENT VS 10Y AVG
-11.47%
CURRENT VS 15Y AVG
-15.07%
CURRENT VS 20Y AVG
-18.22%
SECTOR MEDIAN · TECHNOLOGY
56.77%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-43.63%
vs the sector median at left
Cognizant Technology Solutions Corporation
Market Cap
$26.99B
Gross Margin
32.00%
TTM Avg
32.33%
3Y Avg
34.13%
5Y Avg
34.85%
Market Cap
$27.67B
Gross Margin
37.45%
TTM Avg
38.85%
3Y Avg
43.43%
5Y Avg
41.11%
Market Cap
$26.04B
Gross Margin
10.82%
TTM Avg
10.94%
3Y Avg
13.41%
5Y Avg
14.07%
Market Cap
$28.05B
Gross Margin
39.04%
TTM Avg
41.08%
3Y Avg
42.03%
5Y Avg
41.05%
Market Cap
$25.81B
Gross Margin
43.26%
TTM Avg
43.97%
3Y Avg
44.19%
5Y Avg
44.19%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cognizant Technology Solutions Corporation (CTSH) | $26.99B | 32.00% | 32.33% | 34.13% | 34.85% |
| Fiserv, Inc. (FISV)vs › | $27.12B | 59.36% | 60.09% | 58.74% | 55.38% |
| Corpay, Inc. (CPAY)vs › | $26.61B | 73.34% | 74.02% | 75.98% | 76.53% |
| ON Semiconductor Corporation (ON)vs › | $27.67B | 37.45% | 38.85% | 43.43% | 41.11% |
| Zscaler, Inc. (ZS)vs › | $26.19B | 76.80% | 76.84% | 77.28% | 77.41% |
| Okta, Inc. (OKTA)vs › | $27.84B | 78.13% | 76.84% | 74.66% | 73.67% |
| Super Micro Computer, Inc. (SMCI)vs › | $26.04B | 10.82% | 10.94% | 13.41% | 14.07% |
| Teledyne Technologies Incorporated (TDY)vs › | $28.05B | 39.04% | 41.08% | 42.03% | 41.05% |
| Qnity Electronics, Inc. (Q)vs › | $25.81B | 43.26% | 43.97% | 44.19% | 44.19% |
| Zoom Communications, Inc. (ZM)vs › | $28.28B | 77.30% | 76.41% | 75.99% | 74.54% |
Gross Margin
32.0%
(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 | 33.37% |
| 2026-03-31 | 29.63% |
| 2025-12-31 | 31.11% |
| 2025-09-30 | 33.87% |
| 2025-06-30 | 33.67% |
| 2025-03-31 | 33.59% |
| 2024-12-31 | 35.12% |
| 2024-09-30 | 34.36% |
| 2024-06-30 | 33.94% |
| 2024-03-31 | 33.91% |
| 2023-12-31 | 35.25% |
| 2023-09-30 | 34.47% |
| 2023-06-30 | 33.87% |
| 2023-03-31 | 34.68% |
| 2022-12-31 | 34.86% |
| 2022-09-30 | 36.59% |
| 2022-06-30 | 36.42% |
| 2022-03-31 | 35.83% |
| 2021-12-31 | 36.57% |
| 2021-09-30 | 37.88% |
| 2021-06-30 | 37.56% |
| 2021-03-31 | 37.20% |
| 2020-12-31 | 36.38% |
| 2020-09-30 | 37.61% |
| 2020-06-30 | 34.63% |
| 2020-03-31 | 34.98% |
| 2019-12-31 | 35.83% |
| 2019-09-30 | 36.89% |
| 2019-06-30 | 36.51% |
| 2019-03-31 | 37.35% |
| 2018-12-31 | 38.48% |
| 2018-09-30 | 39.19% |
| 2018-06-30 | 39.67% |
| 2018-03-31 | 38.62% |
| 2017-12-31 | 38.35% |
| 2017-09-30 | 37.94% |
| 2017-06-30 | 38.39% |
| 2017-03-31 | 38.13% |
| 2016-12-31 | 39.99% |
| 2016-09-30 | 39.85% |
| 2016-06-30 | 39.53% |
| 2016-03-31 | 40.19% |
| 2015-12-31 | 40.18% |
| 2015-09-30 | 39.30% |
| 2015-06-30 | 40.20% |
| 2015-03-31 | 40.67% |
| 2014-12-31 | 40.22% |
| 2014-09-30 | 39.18% |
| 2014-06-30 | 40.43% |
| 2014-03-31 | 40.87% |
| 2013-12-31 | 40.09% |
| 2013-09-30 | 40.05% |
| 2013-06-30 | 41.14% |
| 2013-03-31 | 40.62% |
| 2012-12-31 | 40.92% |
| 2012-09-30 | 41.22% |
| 2012-06-30 | 42.58% |
| 2012-03-31 | 42.47% |
| 2011-12-31 | 41.66% |
| 2011-09-30 | 42.23% |
| 2011-06-30 | 42.04% |
| 2011-03-31 | 42.96% |
| 2010-12-31 | 42.16% |
| 2010-09-30 | 42.51% |
| 2010-06-30 | 42.00% |
| 2010-03-31 | 42.08% |
| 2009-12-31 | 42.31% |
| 2009-09-30 | 44.28% |
| 2009-06-30 | 44.20% |
| 2009-03-31 | 43.73% |
| 2008-12-31 | 44.26% |
| 2008-09-30 | 44.75% |
| 2008-06-30 | 44.43% |
| 2008-03-31 | 43.05% |
| 2007-12-31 | 43.08% |
| 2007-09-30 | 43.22% |
| 2007-06-30 | 43.40% |
| 2007-03-31 | 44.62% |
| 2006-12-31 | 45.20% |
| 2006-09-30 | 44.79% |
| 2006-06-30 | 44.09% |
| 2006-03-31 | 44.45% |
| 2005-12-31 | 47.07% |
| 2005-09-30 | 45.58% |
| 2005-06-30 | 44.37% |
| 2005-03-31 | 46.06% |
| 2004-12-31 | 45.22% |
| 2004-09-30 | 45.58% |
| 2004-06-30 | 45.53% |
| 2004-03-31 | 45.71% |
| 2003-12-31 | 45.82% |
| 2003-09-30 | 46.01% |
| 2003-06-30 | 46.02% |
| 2003-03-31 | 45.03% |
| 2002-12-31 | 45.99% |
| 2002-09-30 | 46.16% |