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 60.78% is 11% above its 5-year average of 54.61%, near the high end of its 5-year range (40.84%–64.55%).
4.32% above its 12-month average of 58.27%.
Reported quarterly gross margin; no daily interpolation. Q1 FY2027 (2026-07-31): 58.58%.
GROSS MARGIN
60.78%
GROSS MARGIN AVG TTM
58.27%
GROSS MARGIN AVG 3Y
53.65%
GROSS MARGIN AVG 5Y
54.61%
GROSS MARGIN AVG 10Y
53.98%
GROSS MARGIN AVG 15Y
35.78%
GROSS MARGIN AVG 20Y
26.83%
CURRENT VS TTM AVG
+4.32%
CURRENT VS 3Y AVG
+13.30%
CURRENT VS 5Y AVG
+11.30%
CURRENT VS 10Y AVG
+12.60%
CURRENT VS 15Y AVG
+69.87%
CURRENT VS 20Y AVG
+126.50%
SECTOR MEDIAN · HEALTHCARE
40.32%
median of 691 covered companies
CURRENT VS SECTOR MEDIAN
+50.74%
vs the sector median at left
MindWalk Holdings Corp.
Market Cap
$70.95M
Gross Margin
60.78%
TTM Avg
58.27%
3Y Avg
53.65%
5Y Avg
54.61%
Market Cap
$69.03M
Gross Margin
62.53%
TTM Avg
65.36%
3Y Avg
65.75%
5Y Avg
64.06%
Market Cap
$69.26M
Gross Margin
49.30%
TTM Avg
49.08%
3Y Avg
46.18%
5Y Avg
47.39%
Market Cap
$74.41M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
50.00%
5Y Avg
66.67%
Market Cap
$65.87M
Gross Margin
99.56%
TTM Avg
98.97%
3Y Avg
49.48%
5Y Avg
32.99%
Market Cap
$77.29M
Gross Margin
41.76%
TTM Avg
36.53%
3Y Avg
27.69%
5Y Avg
15.34%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MindWalk Holdings Corp. (HYFT) | $70.95M | 60.78% | 58.27% | 53.65% | 54.61% |
| Fortress Biotech, Inc. (FBIO)vs › | $69.03M | 62.53% | 65.36% | 65.75% | 64.06% |
| iBio, Inc. (IBIO)vs › | $68.81M | 100.00% | 100.00% | 75.00% | 39.52% |
| Champions Oncology, Inc. (CSBR)vs › | $69.26M | 49.30% | 49.08% | 46.18% | 47.39% |
| Gain Therapeutics, Inc. (GANX)vs › | $74.41M | 0.00% | 0.00% | 50.00% | 66.67% |
| Gossamer Bio, Inc. (GOSS)vs › | $65.87M | 99.56% | 98.97% | 49.48% | 32.99% |
| Cingulate Inc. (CING)vs › | $65.86M | 0.00% | 0.00% | 0.00% | 0.00% |
| Hyperfine, Inc. (HYPR)vs › | $76.53M | 51.41% | 47.75% | 37.98% | -14.72% |
| Outset Medical, Inc. (OM)vs › | $77.29M | 41.76% | 36.53% | 27.69% | 15.34% |
| Heron Therapeutics, Inc. (HRTX)vs › | $64.13M | 70.07% | 73.26% | 61.08% | 58.36% |
Gross Margin
60.8%
(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 |
|---|---|
| 2026-07-31 | 58.58% |
| 2026-04-30 | 60.63% |
| 2026-01-31 | 59.26% |
| 2025-10-31 | 64.55% |
| 2025-07-31 | 48.31% |
| 2025-04-30 | 63.89% |
| 2025-01-31 | 53.57% |
| 2024-10-31 | 51.10% |
| 2024-07-31 | 40.84% |
| 2024-04-30 | 48.12% |
| 2024-01-31 | 51.39% |
| 2023-10-31 | 48.03% |
| 2023-08-09 | 49.14% |
| 2023-04-30 | 59.44% |
| 2023-01-31 | 57.32% |
| 2022-12-13 | 53.61% |
| 2022-07-31 | 52.87% |
| 2022-04-30 | 63.29% |
| 2022-01-31 | 53.71% |
| 2021-10-31 | 54.53% |
| 2021-07-31 | 54.62% |
| 2021-04-30 | 56.94% |
| 2021-01-31 | 78.89% |
| 2020-10-31 | 58.65% |
| 2020-07-31 | 64.01% |
| 2020-04-30 | 46.90% |
| 2020-01-31 | 55.12% |
| 2019-10-31 | 78.74% |
| 2019-07-31 | 50.68% |
| 2019-04-30 | 21.62% |
| 2019-01-31 | 58.17% |
| 2018-10-31 | 51.59% |
| 2018-07-31 | 54.58% |
| 2018-04-30 | 47.48% |
| 2018-01-31 | 57.40% |
| 2017-10-31 | 40.51% |
| 2017-07-31 | 7.89% |
| 2017-04-30 | 100.00% |
| 2017-01-31 | 24.43% |
| 2016-09-30 | 46.38% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |