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 46.95% is in line with its 5-year average of 44.12%, around the middle of its 5-year range (35.49%–59.97%).
0.11% above its 12-month average of 46.90%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 59.97%.
GROSS MARGIN
46.95%
GROSS MARGIN AVG TTM
46.90%
GROSS MARGIN AVG 3Y
46.36%
GROSS MARGIN AVG 5Y
44.12%
GROSS MARGIN AVG 10Y
37.78%
GROSS MARGIN AVG 15Y
34.29%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.11%
CURRENT VS 3Y AVG
+1.27%
CURRENT VS 5Y AVG
+6.43%
CURRENT VS 10Y AVG
+24.27%
CURRENT VS 15Y AVG
+36.90%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · ENERGY
30.57%
median of 50 covered companies
CURRENT VS SECTOR MEDIAN
+53.58%
vs the sector median at left
Enphase Energy, Inc.
Market Cap
$4.80B
Gross Margin
46.95%
TTM Avg
46.90%
3Y Avg
46.36%
5Y Avg
44.12%
Market Cap
$5.04B
Gross Margin
46.42%
TTM Avg
40.13%
3Y Avg
45.19%
5Y Avg
42.41%
Market Cap
$5.08B
Gross Margin
19.82%
TTM Avg
19.33%
3Y Avg
17.50%
5Y Avg
15.52%
Market Cap
$4.40B
Gross Margin
10.49%
TTM Avg
20.61%
3Y Avg
19.84%
5Y Avg
12.13%
Market Cap
$6.37B
Gross Margin
21.70%
TTM Avg
28.16%
3Y Avg
30.12%
5Y Avg
28.30%
Market Cap
$2.89B
Gross Margin
23.27%
TTM Avg
25.71%
3Y Avg
31.64%
5Y Avg
34.07%
Market Cap
$2.11B
Gross Margin
22.16%
TTM Avg
-40.99%
3Y Avg
-7.79%
5Y Avg
5.41%
Market Cap
$7.95B
Gross Margin
49.28%
TTM Avg
61.84%
3Y Avg
57.34%
5Y Avg
45.19%
Market Cap
$1.47B
Gross Margin
81.55%
TTM Avg
84.88%
3Y Avg
87.97%
5Y Avg
89.16%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enphase Energy, Inc. (ENPH) | $4.80B | 46.95% | 46.90% | 46.36% | 44.12% |
| California Resources Corp (CRC)vs › | $5.04B | 46.42% | 40.13% | 45.19% | 42.41% |
| Oceaneering International, Inc. (OII)vs › | $5.08B | 19.82% | 19.33% | 17.50% | 15.52% |
| Helmerich & Payne, Inc. (HP)vs › | $4.40B | 10.49% | 20.61% | 19.84% | 12.13% |
| Weatherford International plc (WFRD)vs › | $6.37B | 21.70% | 28.16% | 30.12% | 28.30% |
| Centrus Energy Corp. (LEU)vs › | $2.89B | 23.27% | 25.71% | 31.64% | 34.07% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.11B | 22.16% | -40.99% | -7.79% | 5.41% |
| Vista Energy, S.A.B. de C.V. (VIST)vs › | $7.95B | 49.28% | 61.84% | 57.34% | 45.19% |
| Natural Resource Partners L.P. (NRP)vs › | $1.47B | 81.55% | 84.88% | 87.97% | 89.16% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.43B | 46.24% | 55.43% | 67.16% | 68.63% |
Gross Margin
47.0%
(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 | 59.97% |
| 2026-03-31 | 35.49% |
| 2025-12-31 | 44.28% |
| 2025-09-30 | 47.81% |
| 2025-06-30 | 46.95% |
| 2025-03-31 | 47.25% |
| 2024-12-31 | 51.81% |
| 2024-09-30 | 46.78% |
| 2024-06-30 | 45.20% |
| 2024-03-31 | 43.86% |
| 2023-12-31 | 48.47% |
| 2023-09-30 | 47.55% |
| 2023-06-30 | 45.47% |
| 2023-03-31 | 44.95% |
| 2022-12-31 | 42.88% |
| 2022-09-30 | 42.21% |
| 2022-06-30 | 41.31% |
| 2022-03-31 | 40.10% |
| 2021-12-31 | 39.57% |
| 2021-09-30 | 39.93% |
| 2021-06-30 | 40.44% |
| 2021-03-31 | 40.74% |
| 2020-12-31 | 46.04% |
| 2020-09-30 | 53.21% |
| 2020-06-30 | 38.54% |
| 2020-03-31 | 39.25% |
| 2019-12-31 | 37.08% |
| 2019-09-30 | 35.94% |
| 2019-06-30 | 33.80% |
| 2019-03-31 | 33.29% |
| 2018-12-31 | 30.52% |
| 2018-09-30 | 32.39% |
| 2018-06-30 | 29.91% |
| 2018-03-31 | 26.17% |
| 2017-12-31 | 23.83% |
| 2017-09-30 | 21.37% |
| 2017-06-30 | 18.13% |
| 2017-03-31 | 12.87% |
| 2016-12-31 | 17.92% |
| 2016-09-30 | 17.91% |
| 2016-06-30 | 17.85% |
| 2016-03-31 | 18.34% |
| 2015-12-31 | 23.92% |
| 2015-09-30 | 30.59% |
| 2015-06-30 | 32.35% |
| 2015-03-31 | 32.34% |
| 2014-12-31 | 33.30% |
| 2014-09-30 | 32.81% |
| 2014-06-30 | 32.72% |
| 2014-03-31 | 32.40% |
| 2013-12-31 | 32.06% |
| 2013-09-30 | 28.10% |
| 2013-06-30 | 28.00% |
| 2013-03-31 | 26.77% |
| 2012-12-31 | 27.89% |
| 2012-09-30 | 26.84% |
| 2012-06-30 | 24.42% |
| 2012-03-31 | 21.85% |
| 2011-12-31 | 22.88% |
| 2011-09-30 | 19.10% |
| 2011-06-30 | 16.24% |
| 2011-03-31 | 14.65% |
| 2010-12-31 | 10.68% |
| 2010-09-30 | 10.91% |
| 2010-06-30 | 12.12% |
| 2010-03-31 | 8.25% |
