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 61.30% is in line with its 5-year average of 60.67%, near the high end of its 5-year range (58.67%–62.04%).
0.22% below its 12-month average of 61.44%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
61.30%
GROSS MARGIN AVG TTM
61.44%
GROSS MARGIN AVG 3Y
60.78%
GROSS MARGIN AVG 5Y
60.67%
GROSS MARGIN AVG 10Y
61.03%
GROSS MARGIN AVG 15Y
59.84%
GROSS MARGIN AVG 20Y
59.05%
CURRENT VS TTM AVG
-0.22%
CURRENT VS 3Y AVG
+0.85%
CURRENT VS 5Y AVG
+1.04%
CURRENT VS 10Y AVG
+0.44%
CURRENT VS 15Y AVG
+2.43%
CURRENT VS 20Y AVG
+3.81%
SECTOR MEDIAN · TECHNOLOGY
56.77%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+7.99%
vs the sector median at left
Market Cap
$245.49B
Gross Margin
63.00%
TTM Avg
64.09%
3Y Avg
62.80%
5Y Avg
63.16%
Market Cap
$236.46B
Gross Margin
58.33%
TTM Avg
57.58%
3Y Avg
61.71%
5Y Avg
63.06%
Market Cap
$257.38B
Gross Margin
71.47%
TTM Avg
71.47%
3Y Avg
39.21%
5Y Avg
31.59%
Market Cap
$274.64B
Gross Margin
70.36%
TTM Avg
71.88%
3Y Avg
72.60%
5Y Avg
71.54%
Market Cap
$218.66B
Gross Margin
58.43%
TTM Avg
57.42%
3Y Avg
56.07%
5Y Avg
55.85%
Market Cap
$279.31B
Gross Margin
95.35%
TTM Avg
93.67%
3Y Avg
93.21%
5Y Avg
92.17%
Market Cap
$213.85B
Gross Margin
75.25%
TTM Avg
74.80%
3Y Avg
74.51%
5Y Avg
74.23%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| KLA Corporation (KLAC) | $246.86B | 61.30% | 61.44% | 60.78% | 60.67% |
| SAP SE (SAP)vs › | $246.50B | 72.75% | 72.91% | 72.70% | 72.53% |
| Arista Networks, Inc. (ANET)vs › | $245.49B | 63.00% | 64.09% | 62.80% | 63.16% |
| Texas Instruments Incorporated (TXN)vs › | $236.46B | 58.33% | 57.58% | 61.71% | 63.06% |
| Sandisk Corporation (SNDK)vs › | $257.38B | 71.47% | 71.47% | 39.21% | 31.59% |
| Palo Alto Networks, Inc. (PANW)vs › | $274.64B | 70.36% | 71.88% | 72.60% | 71.54% |
| International Business Machines Corporation (IBM)vs › | $218.66B | 58.43% | 57.42% | 56.07% | 55.85% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $279.31B | 95.35% | 93.67% | 93.21% | 92.17% |
| CrowdStrike Holdings, Inc. (CRWD)vs › | $213.85B | 75.25% | 74.80% | 74.51% | 74.23% |
| Salesforce, Inc. (CRM)vs › | $204.03B | 77.28% | 77.44% | 75.93% | 75.27% |
Gross Margin
61.3%
(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 | 61.36% |
| 2026-03-31 | 61.12% |
| 2025-12-31 | 61.45% |
| 2025-09-30 | 61.27% |
| 2025-06-30 | 61.97% |
| 2025-03-31 | 61.62% |
| 2024-12-31 | 60.30% |
| 2024-09-30 | 59.62% |
| 2024-06-30 | 62.04% |
| 2024-03-31 | 59.11% |
| 2023-12-31 | 60.72% |
| 2023-09-30 | 60.50% |
| 2023-06-30 | 59.11% |
| 2023-03-31 | 58.67% |
| 2022-12-31 | 59.49% |
| 2022-09-30 | 61.78% |
| 2022-06-30 | 60.65% |
| 2022-03-31 | 61.02% |
| 2021-12-31 | 61.40% |
| 2021-09-30 | 60.96% |
| 2021-06-30 | 59.89% |
| 2021-03-31 | 60.66% |
| 2020-12-31 | 59.43% |
| 2020-09-30 | 59.67% |
| 2020-06-30 | 57.42% |
| 2020-03-31 | 58.56% |
| 2019-12-31 | 58.02% |
| 2019-09-30 | 57.25% |
| 2019-06-30 | 52.90% |
| 2019-03-31 | 55.62% |
| 2018-12-31 | 63.54% |
| 2018-09-30 | 65.11% |
| 2018-06-30 | 64.68% |
| 2018-03-31 | 63.90% |
| 2017-12-31 | 64.41% |
| 2017-09-30 | 63.55% |
| 2017-06-30 | 62.93% |
| 2017-03-31 | 62.43% |
| 2016-12-31 | 63.68% |
| 2016-09-30 | 62.99% |
| 2016-06-30 | 63.27% |
| 2016-03-31 | 61.46% |
| 2015-12-31 | 60.44% |
| 2015-09-30 | 57.95% |
| 2015-06-30 | 57.26% |
| 2015-03-31 | 56.63% |
| 2014-12-31 | 58.13% |
| 2014-09-30 | 55.13% |
| 2014-06-30 | 55.52% |
| 2014-03-31 | 58.78% |
| 2013-12-31 | 59.47% |
| 2013-09-30 | 57.82% |
| 2013-06-30 | 57.39% |
| 2013-03-31 | 57.55% |
| 2012-12-31 | 54.84% |
| 2012-09-30 | 55.98% |
| 2012-06-30 | 59.48% |
| 2012-03-31 | 57.75% |
| 2011-12-31 | 57.53% |
| 2011-09-30 | 57.27% |
| 2011-06-30 | 60.09% |
| 2011-03-31 | 60.71% |
| 2010-12-31 | 59.36% |
| 2010-09-30 | 61.31% |
| 2010-06-30 | 59.26% |
| 2010-03-31 | 56.39% |
| 2009-12-31 | 52.93% |
| 2009-09-30 | 49.84% |
| 2009-06-30 | 41.52% |
| 2009-03-31 | 32.42% |
| 2008-12-31 | 39.95% |
| 2008-09-30 | 51.51% |
| 2008-06-30 | 54.48% |
| 2008-03-31 | 52.57% |
| 2007-12-31 | 55.17% |
| 2007-09-30 | 55.86% |
| 2007-06-30 | 57.13% |
| 2007-03-31 | 57.17% |
| 2006-12-31 | 54.14% |
| 2006-09-30 | 57.08% |
| 2006-06-30 | 51.05% |
| 2006-03-31 | 56.27% |
| 2005-12-31 | 55.51% |
| 2005-09-30 | 55.73% |
| 2005-06-30 | 57.86% |
| 2005-03-31 | 59.04% |
| 2004-12-31 | 59.14% |
| 2004-09-30 | 58.47% |
| 2004-06-30 | 58.37% |
| 2004-03-31 | 56.23% |
| 2003-12-31 | 53.81% |
| 2003-09-30 | 51.08% |
| 2003-06-30 | 48.98% |
| 2003-03-31 | 48.49% |
| 2002-12-31 | 48.90% |
| 2002-09-30 | 50.38% |