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 36.89% is in line with its 5-year average of 35.53%, near the high end of its 5-year range (33.99%–36.89%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.91% above its 12-month average of 36.20%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
36.89%
GROSS MARGIN AVG TTM
36.20%
GROSS MARGIN AVG 3Y
35.65%
GROSS MARGIN AVG 5Y
35.54%
GROSS MARGIN AVG 10Y
35.64%
GROSS MARGIN AVG 15Y
36.94%
GROSS MARGIN AVG 20Y
37.37%
CURRENT VS TTM AVG
+1.91%
CURRENT VS 3Y AVG
+3.47%
CURRENT VS 5Y AVG
+3.79%
CURRENT VS 10Y AVG
+3.51%
CURRENT VS 15Y AVG
-0.13%
CURRENT VS 20Y AVG
-1.28%
SECTOR MEDIAN · TECHNOLOGY
57.23%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
-35.54%
vs the sector median at left
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Genpact Limited (G) | $5.96B | 36.89% | 36.20% | 35.65% | 35.54% |
| Lyft, Inc. (LYFT)vs › | $6.02B | 43.24% | 41.89% | 41.63% | 42.04% |
| GitLab Inc. (GTLB)vs › | $5.83B | 86.74% | 88.08% | 88.42% | 88.28% |
| Camtek Ltd. (CAMT)vs › | $6.18B | 50.23% | 49.69% | 49.00% | 48.99% |
| Duolingo, Inc. (DUOL)vs › | $6.28B | 72.14% | 71.86% | 72.00% | 71.89% |
| EPAM Systems, Inc. (EPAM)vs › | $5.51B | 27.92% | 28.62% | 29.92% | 31.41% |
| SentinelOne, Inc. (S)vs › | $6.42B | 74.03% | 73.74% | 71.14% | 67.07% |
| Klaviyo, Inc. (KVYO)vs › | $5.34B | 74.55% | 75.53% | 74.63% | 73.87% |
| Plexus Corp. (PLXS)vs › | $6.72B | 10.04% | 9.82% | 9.53% | 9.49% |
| UiPath Inc. (PATH)vs › | $6.79B | 82.96% | 82.86% | 83.43% | 83.99% |
Gross Margin
36.9%
(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 | 36.89% |
| 2025-12-31 | 36.56% |
| 2025-09-30 | 36.37% |
| 2025-06-30 | 35.88% |
| 2025-03-31 | 35.31% |
| 2024-12-31 | 35.70% |
| 2024-09-30 | 35.63% |
| 2024-06-30 | 35.40% |
| 2024-03-31 | 35.05% |
| 2023-12-31 | 35.56% |
| 2023-09-30 | 35.47% |
| 2023-06-30 | 35.28% |
| 2023-03-31 | 33.99% |
| 2022-12-31 | 34.94% |
| 2022-09-30 | 35.45% |
| 2022-06-30 | 34.42% |
| 2022-03-31 | 35.80% |
| 2021-12-31 | 34.47% |
| 2021-09-30 | 35.64% |
| 2021-06-30 | 35.94% |
| 2021-03-31 | 36.48% |
| 2020-12-31 | 35.44% |
| 2020-09-30 | 35.24% |
| 2020-06-30 | 34.02% |
| 2020-03-31 | 34.49% |
| 2019-12-31 | 32.96% |
| 2019-09-30 | 35.46% |
| 2019-06-30 | 35.22% |
| 2019-03-31 | 35.85% |
| 2018-12-31 | 36.18% |
| 2018-09-30 | 35.64% |
| 2018-06-30 | 36.46% |
| 2018-03-31 | 35.50% |
| 2017-12-31 | 37.93% |
| 2017-09-30 | 39.51% |
| 2017-06-30 | 38.20% |
| 2017-03-31 | 38.47% |
| 2016-12-31 | 40.50% |
| 2016-09-30 | 39.51% |
| 2016-06-30 | 39.14% |
| 2016-03-31 | 38.85% |
| 2015-12-31 | 39.07% |
| 2015-09-30 | 39.17% |
| 2015-06-30 | 39.90% |
| 2015-03-31 | 39.12% |
| 2014-12-31 | 40.29% |
| 2014-09-30 | 39.73% |
| 2014-06-30 | 39.44% |
| 2014-03-31 | 38.60% |
| 2013-12-31 | 38.07% |
| 2013-09-30 | 38.44% |
| 2013-06-30 | 37.79% |
| 2013-03-31 | 38.13% |
| 2012-12-31 | 38.98% |
| 2012-09-30 | 39.48% |
| 2012-06-30 | 39.01% |
| 2012-03-31 | 39.04% |
| 2011-12-31 | 39.45% |
| 2011-09-30 | 37.54% |
| 2011-06-30 | 36.11% |
| 2011-03-31 | 35.11% |
| 2010-12-31 | 36.79% |
| 2010-09-30 | 36.30% |
| 2010-06-30 | 37.88% |
| 2010-03-31 | 38.70% |
| 2009-12-31 | 40.69% |
| 2009-09-30 | 41.29% |
| 2009-06-30 | 39.23% |
| 2009-03-31 | 38.41% |
| 2008-12-31 | 39.58% |
| 2008-09-30 | 42.48% |
| 2008-06-30 | 41.99% |
| 2008-03-31 | 32.77% |
| 2007-12-31 | 37.85% |
| 2007-09-30 | 42.89% |
| 2007-06-30 | 39.83% |
| 2007-03-31 | 37.56% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
