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 44.74% is in line with its 5-year average of 44.33%, around the middle of its 5-year range (36.55%–51.11%).
0.02% below its 12-month average of 44.75%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 41.25%.
GROSS MARGIN
44.74%
GROSS MARGIN AVG TTM
44.75%
GROSS MARGIN AVG 3Y
43.37%
GROSS MARGIN AVG 5Y
44.33%
GROSS MARGIN AVG 10Y
42.40%
GROSS MARGIN AVG 15Y
42.33%
GROSS MARGIN AVG 20Y
43.14%
CURRENT VS TTM AVG
-0.02%
CURRENT VS 3Y AVG
+3.16%
CURRENT VS 5Y AVG
+0.93%
CURRENT VS 10Y AVG
+5.51%
CURRENT VS 15Y AVG
+5.69%
CURRENT VS 20Y AVG
+3.70%
SECTOR MEDIAN · INDUSTRIALS
27.63%
median of 366 covered companies
CURRENT VS SECTOR MEDIAN
+61.95%
vs the sector median at left
Market Cap
$50.79M
Gross Margin
38.88%
TTM Avg
-36.03%
3Y Avg
-13.86%
5Y Avg
-9.24%
Market Cap
$53.79M
Gross Margin
N/A
TTM Avg
4.21%
3Y Avg
8.36%
5Y Avg
9.53%
Market Cap
$45.67M
Gross Margin
5.60%
TTM Avg
10.61%
3Y Avg
18.57%
5Y Avg
21.13%
Market Cap
$59.71M
Gross Margin
16.26%
TTM Avg
19.25%
3Y Avg
19.51%
5Y Avg
20.12%
Market Cap
$42.41M
Gross Margin
22.31%
TTM Avg
20.19%
3Y Avg
24.09%
5Y Avg
24.09%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Fuel Tech, Inc. (FTEK) | $51.58M | 44.74% | 44.75% | 43.37% | 44.33% |
| Avax One Technology Ltd (AVX)vs › | $50.79M | 38.88% | -36.03% | -13.86% | -9.24% |
| New Century Logistics (BVI) Limited (NCEW)vs › | $53.79M | N/A | 4.21% | 8.36% | 9.53% |
| Mobilicom Ltd (MOB)vs › | $48.33M | 53.17% | 55.39% | 60.83% | 58.39% |
| Culp, Inc. (CULP)vs › | $47.49M | 16.11% | 12.36% | 5.20% | 2.23% |
| Circle8 Group, Inc. (CIRC)vs › | $45.67M | 5.60% | 10.61% | 18.57% | 21.13% |
| First Breach Inc. (FBDT)vs › | $44.78M | N/A | N/A | N/A | N/A |
| DLH Holdings Corp. (DLHC)vs › | $59.71M | 16.26% | 19.25% | 19.51% | 20.12% |
| Energys Group Limited (ENGS)vs › | $42.41M | 22.31% | 20.19% | 24.09% | 24.09% |
| Aeries Technology, Inc (AERT)vs › | $42.99M | 25.98% | 24.27% | 26.02% | 26.68% |
Gross Margin
44.7%
(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 |
|---|---|
| 2026-06-30 | 41.25% |
| 2026-03-31 | 43.49% |
| 2025-12-31 | 44.63% |
| 2025-09-30 | 48.88% |
| 2025-06-30 | 45.50% |
| 2025-03-31 | 46.36% |
| 2024-12-31 | 42.31% |
| 2024-09-30 | 43.40% |
| 2024-06-30 | 41.92% |
| 2024-03-31 | 40.93% |
| 2023-12-31 | 51.11% |
| 2023-09-30 | 45.22% |
| 2023-06-30 | 36.55% |
| 2023-03-31 | 38.49% |
| 2022-12-31 | 42.77% |
| 2022-09-30 | 45.80% |
| 2022-06-30 | 42.05% |
| 2022-03-31 | 41.37% |
| 2021-12-31 | 50.19% |
| 2021-09-30 | 49.20% |
| 2021-06-30 | 49.50% |
| 2021-03-31 | 46.85% |
| 2020-12-31 | 41.88% |
| 2020-09-30 | 72.42% |
| 2020-06-30 | 13.68% |
| 2020-03-31 | 40.42% |
| 2019-12-31 | 0.59% |
| 2019-09-30 | 44.78% |
| 2019-06-30 | 43.56% |
| 2019-03-31 | 39.53% |
| 2018-12-31 | 37.28% |
| 2018-09-30 | 33.70% |
| 2018-06-30 | 31.42% |
| 2018-03-31 | 39.29% |
| 2017-12-31 | 42.02% |
| 2017-09-30 | 37.27% |
| 2017-06-30 | 37.21% |
| 2017-03-31 | 43.83% |
| 2016-12-31 | 19.35% |
| 2016-09-30 | 42.20% |
| 2016-06-30 | 36.77% |
| 2016-03-31 | 33.94% |
| 2015-12-31 | 37.95% |
| 2015-09-30 | 36.20% |
| 2015-06-30 | 38.20% |
| 2015-03-31 | 44.14% |
| 2014-12-31 | 47.44% |
| 2014-09-30 | 46.09% |
| 2014-06-30 | 42.16% |
| 2014-03-31 | 42.07% |
| 2013-12-31 | 43.05% |
| 2013-09-30 | 45.00% |
| 2013-06-30 | 40.78% |
| 2013-03-31 | 41.95% |
| 2012-12-31 | 35.64% |
| 2012-09-30 | 41.10% |
| 2012-06-30 | 43.19% |
| 2012-03-31 | 47.56% |
| 2011-12-31 | 47.19% |
| 2011-09-30 | 45.68% |
| 2011-06-30 | 44.52% |
| 2011-03-31 | 49.31% |
| 2010-12-31 | 40.96% |
| 2010-09-30 | 43.31% |
| 2010-06-30 | 41.45% |
| 2010-03-31 | 46.07% |
| 2009-12-31 | 42.95% |
| 2009-09-30 | 39.10% |
| 2009-06-30 | 45.15% |
| 2009-03-31 | 34.32% |
| 2008-12-31 | 40.24% |
| 2008-09-30 | 45.07% |
| 2008-06-30 | 47.67% |
| 2008-03-31 | 47.87% |
| 2007-12-31 | 49.62% |
| 2007-09-30 | 47.41% |
| 2007-06-30 | 43.97% |
| 2007-03-31 | 44.92% |
| 2006-12-31 | 48.96% |
| 2006-09-30 | 50.22% |
| 2006-06-30 | 48.82% |
| 2006-03-31 | 47.11% |
| 2005-12-31 | 49.61% |
| 2005-09-30 | 49.56% |
| 2005-06-30 | 48.62% |
| 2005-03-31 | 46.92% |
| 2004-12-31 | 43.99% |
| 2004-09-30 | 49.74% |
| 2004-06-30 | 42.93% |
| 2004-03-31 | 47.72% |
| 2003-12-31 | 42.06% |
| 2003-09-30 | 45.06% |
| 2003-06-30 | 35.68% |
| 2003-03-31 | 32.69% |
| 2002-12-31 | 37.83% |
| 2002-09-30 | 44.45% |