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 72.50% is in line with its 5-year average of 72.14%, near the high end of its 5-year range (70.52%–73.28%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.97% above its 12-month average of 71.80%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
72.50%
GROSS MARGIN AVG TTM
71.80%
GROSS MARGIN AVG 3Y
72.15%
GROSS MARGIN AVG 5Y
72.22%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.97%
CURRENT VS 3Y AVG
+0.48%
CURRENT VS 5Y AVG
+0.38%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.46%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+26.18%
vs the sector median at left
Market Cap
$6.68B
Gross Margin
83.35%
TTM Avg
80.41%
3Y Avg
82.69%
5Y Avg
78.03%
Market Cap
$4.69B
Gross Margin
27.92%
TTM Avg
28.62%
3Y Avg
29.92%
5Y Avg
31.41%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Duolingo, Inc. (DUOL) | $5.70B | 72.50% | 71.80% | 72.15% | 72.22% |
| UiPath Inc. (PATH)vs › | $5.77B | 82.96% | 82.86% | 83.43% | 83.99% |
| Lyft, Inc. (LYFT)vs › | $5.39B | 43.24% | 41.89% | 41.63% | 42.04% |
| Genpact Limited (G)vs › | $5.30B | 36.43% | 35.51% | 35.31% | 35.28% |
| GitLab Inc. (GTLB)vs › | $5.28B | 86.74% | 88.08% | 88.42% | 88.28% |
| SentinelOne, Inc. (S)vs › | $6.11B | 74.03% | 73.74% | 71.14% | 67.07% |
| Klaviyo, Inc. (KVYO)vs › | $4.91B | 74.55% | 75.53% | 74.63% | 73.87% |
| InterDigital, Inc. (IDCC)vs › | $6.68B | 83.35% | 80.41% | 82.69% | 78.03% |
| EPAM Systems, Inc. (EPAM)vs › | $4.69B | 27.92% | 28.62% | 29.92% | 31.41% |
| Plexus Corp. (PLXS)vs › | $6.81B | 10.05% | 9.82% | 9.53% | 9.49% |
Gross Margin
72.5%
(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 | 72.50% |
| 2025-12-31 | 72.27% |
| 2025-09-30 | 71.95% |
| 2025-06-30 | 71.79% |
| 2025-03-31 | 70.52% |
| 2024-12-31 | 71.15% |
| 2024-09-30 | 72.14% |
| 2024-06-30 | 72.72% |
| 2024-03-31 | 72.30% |
| 2023-12-31 | 72.32% |
| 2023-09-30 | 72.75% |
| 2023-06-30 | 72.39% |
| 2023-03-31 | 71.60% |
| 2022-12-31 | 72.17% |
| 2022-09-30 | 72.12% |
| 2022-06-30 | 72.45% |
| 2022-03-31 | 73.28% |
| 2021-12-31 | 72.39% |
| 2021-09-30 | 71.28% |
| 2021-06-30 | 72.31% |
| 2021-03-31 | 72.60% |
| 2020-12-31 | 73.35% |
| 2020-09-30 | 71.08% |
| 2020-06-30 | 69.88% |
| 2020-03-31 | 70.66% |
| 2019-12-31 | 71.00% |
| 2019-09-30 | 70.87% |
| 2019-06-30 | 70.57% |
| 2019-03-31 | 70.00% |
