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 96.71% is in line with its 5-year average of 96.52%, near the high end of its 5-year range (95.00%–97.23%).
As of the fiscal period ended Friday, July 3, 2026. 0.22% above its 12-month average of 96.50%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
96.71%
GROSS MARGIN AVG TTM
96.50%
GROSS MARGIN AVG 3Y
96.33%
GROSS MARGIN AVG 5Y
96.52%
GROSS MARGIN AVG 10Y
96.53%
GROSS MARGIN AVG 15Y
96.31%
GROSS MARGIN AVG 20Y
96.94%
CURRENT VS TTM AVG
+0.22%
CURRENT VS 3Y AVG
+0.39%
CURRENT VS 5Y AVG
+0.20%
CURRENT VS 10Y AVG
+0.19%
CURRENT VS 15Y AVG
+0.42%
CURRENT VS 20Y AVG
-0.23%
SECTOR MEDIAN · HEALTHCARE
59.30%
median of 77 covered companies
CURRENT VS SECTOR MEDIAN
+63.09%
vs the sector median at left
Market Cap
$13.62B
Gross Margin
30.08%
TTM Avg
33.76%
3Y Avg
35.72%
5Y Avg
36.84%
Market Cap
$14.22B
Gross Margin
32.24%
TTM Avg
31.70%
3Y Avg
34.15%
5Y Avg
35.17%
Market Cap
$14.87B
Gross Margin
64.37%
TTM Avg
63.66%
3Y Avg
64.40%
5Y Avg
64.61%
Market Cap
$15.51B
Gross Margin
54.69%
TTM Avg
54.56%
3Y Avg
56.03%
5Y Avg
57.27%
Market Cap
$11.64B
Gross Margin
66.48%
TTM Avg
69.16%
3Y Avg
69.73%
5Y Avg
70.75%
Market Cap
$11.32B
Gross Margin
65.77%
TTM Avg
65.28%
3Y Avg
66.17%
5Y Avg
66.85%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Exelixis, Inc. (EXEL) | $13.59B | 96.71% | 96.50% | 96.33% | 96.52% |
| Baxter International Inc. (BAX)vs › | $13.62B | 30.08% | 33.76% | 35.72% | 36.84% |
| Revvity, Inc. (RVTY)vs › | $13.92B | 52.11% | 50.55% | 50.58% | 52.43% |
| Charles River Laboratories International, Inc. (CRL)vs › | $14.22B | 32.24% | 31.70% | 34.15% | 35.17% |
| Tempus AI, Inc. (TEM)vs › | $12.74B | 63.98% | 58.85% | 53.03% | 43.30% |
| The Cooper Companies, Inc. (COO)vs › | $14.87B | 64.37% | 63.66% | 64.40% | 64.61% |
| Solventum Corporation (SOLV)vs › | $15.51B | 54.69% | 54.56% | 56.03% | 57.27% |
| Align Technology, Inc. (ALGN)vs › | $11.64B | 66.48% | 69.16% | 69.73% | 70.75% |
| Bio-Techne Corporation (TECH)vs › | $11.32B | 65.77% | 65.28% | 66.17% | 66.85% |
| DaVita Inc. (DVA)vs › | $11.16B | 31.02% | 29.95% | 30.17% | 30.48% |
Gross Margin
96.7%
(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 |
|---|---|
| 2026-07-03 | 96.71% |
| 2026-04-03 | 96.73% |
| 2026-01-02 | 95.58% |
| 2025-10-03 | 96.89% |
| 2025-07-04 | 96.57% |
| 2025-04-04 | 96.55% |
| 2024-12-31 | 96.48% |
| 2024-09-27 | 96.79% |
| 2024-06-28 | 97.23% |
| 2024-03-29 | 95.00% |
| 2023-12-31 | 95.46% |
| 2023-09-29 | 96.02% |
| 2023-06-30 | 96.23% |
| 2023-03-31 | 96.50% |
| 2022-12-31 | 96.24% |
| 2022-09-30 | 96.28% |
| 2022-07-01 | 96.79% |
| 2022-04-01 | 96.29% |
| 2021-12-31 | 97.14% |
| 2021-10-01 | 96.38% |
| 2021-07-02 | 96.14% |
| 2021-04-02 | 95.12% |
| 2020-12-31 | 96.65% |
| 2020-10-02 | 96.22% |
| 2020-07-03 | 96.45% |
| 2020-04-03 | 95.91% |
| 2019-12-31 | 95.62% |
| 2019-09-27 | 97.23% |
| 2019-06-28 | 96.86% |
| 2019-03-29 | 96.52% |
| 2018-12-31 | 96.78% |
| 2018-09-28 | 96.73% |
| 2018-06-29 | 96.78% |
| 2018-03-30 | 97.34% |
| 2017-12-31 | 96.51% |
| 2017-09-29 | 96.95% |
| 2017-06-30 | 96.96% |
| 2017-03-31 | 96.04% |
| 2016-12-31 | 97.61% |
| 2016-09-30 | 96.05% |
| 2016-07-01 | 95.70% |
| 2016-04-01 | 95.56% |
| 2015-12-31 | 89.71% |
| 2015-10-02 | 85.59% |
| 2015-07-03 | 91.42% |
| 2015-04-03 | 91.84% |
| 2014-12-31 | 90.70% |
| 2014-09-26 | 90.89% |
| 2014-06-27 | 92.73% |
| 2014-03-28 | 93.70% |
| 2013-12-31 | 93.95% |
| 2013-09-27 | 94.69% |
| 2013-06-28 | 97.60% |
| 2013-03-29 | 97.10% |
| 2012-12-31 | 100.00% |
| 2012-09-30 | 100.00% |
| 2012-06-29 | 100.00% |
| 2012-03-30 | 100.00% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 100.00% |
| 2011-07-01 | 100.00% |
| 2011-04-01 | 100.00% |
| 2010-12-31 | 100.00% |
| 2010-10-01 | 100.00% |
| 2010-07-02 | 100.00% |
| 2010-04-02 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-10-02 | 94.61% |
| 2009-07-03 | 94.02% |
| 2009-04-03 | 92.90% |
| 2008-12-31 | 100.00% |
| 2008-09-26 | 100.00% |
| 2008-06-27 | 100.00% |
| 2008-03-28 | 100.00% |
| 2007-12-31 | 99.31% |
| 2007-09-28 | 99.81% |
| 2007-06-29 | 99.75% |
| 2007-03-30 | 99.74% |
| 2006-12-31 | 328.68% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 98.50% |
| 2005-12-31 | 520.80% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 330.78% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2003-12-31 | 100.00% |
| 2003-09-30 | 100.00% |
| 2003-06-30 | 100.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 100.00% |
| 2002-09-30 | 100.00% |
