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 61.12% is in line with its 5-year average of 60.64%, near the high end of its 5-year range (58.67%–62.04%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.59% below its 12-month average of 61.49%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
61.12%
GROSS MARGIN AVG TTM
61.49%
GROSS MARGIN AVG 3Y
60.58%
GROSS MARGIN AVG 5Y
60.64%
GROSS MARGIN AVG 10Y
61.03%
GROSS MARGIN AVG 15Y
59.83%
GROSS MARGIN AVG 20Y
58.98%
CURRENT VS TTM AVG
-0.59%
CURRENT VS 3Y AVG
+0.90%
CURRENT VS 5Y AVG
+0.80%
CURRENT VS 10Y AVG
+0.15%
CURRENT VS 15Y AVG
+2.15%
CURRENT VS 20Y AVG
+3.63%
SECTOR MEDIAN · TECHNOLOGY
57.73%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+5.88%
vs the sector median at left
Market Cap
$276.65B
Gross Margin
94.63%
TTM Avg
93.67%
3Y Avg
93.21%
5Y Avg
92.17%
Market Cap
$282.23B
Gross Margin
84.07%
TTM Avg
81.31%
3Y Avg
80.45%
5Y Avg
77.92%
Market Cap
$290.48B
Gross Margin
19.07%
TTM Avg
21.12%
3Y Avg
22.06%
5Y Avg
21.98%
Market Cap
$254.44B
Gross Margin
58.33%
TTM Avg
57.58%
3Y Avg
61.71%
5Y Avg
63.06%
Market Cap
$220.67B
Gross Margin
71.94%
TTM Avg
73.88%
3Y Avg
72.20%
5Y Avg
71.59%
Market Cap
$219.08B
Gross Margin
63.54%
TTM Avg
64.09%
3Y Avg
62.80%
5Y Avg
63.16%
Market Cap
$331.23B
Gross Margin
65.81%
TTM Avg
67.86%
3Y Avg
69.99%
5Y Avg
73.27%
Market Cap
$212.74B
Gross Margin
30.07%
TTM Avg
23.08%
3Y Avg
21.62%
5Y Avg
17.30%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| KLA Corporation (KLAC) | $275.00B | 61.12% | 61.49% | 60.58% | 60.64% |
| Arm Holdings plc American Depositary Shares (ARM)vs › | $276.65B | 94.63% | 93.67% | 93.21% | 92.17% |
| Palantir Technologies Inc. (PLTR)vs › | $282.23B | 84.07% | 81.31% | 80.45% | 77.92% |
| Dell Technologies Inc. (DELL)vs › | $290.48B | 19.07% | 21.12% | 22.06% | 21.98% |
| Texas Instruments Incorporated (TXN)vs › | $254.44B | 58.33% | 57.58% | 61.71% | 63.06% |
| Palo Alto Networks, Inc. (PANW)vs › | $220.67B | 71.94% | 73.88% | 72.20% | 71.59% |
| Arista Networks, Inc. (ANET)vs › | $219.08B | 63.54% | 64.09% | 62.80% | 63.16% |
| Oracle Corporation (ORCL)vs › | $331.23B | 65.81% | 67.86% | 69.99% | 73.27% |
| Sandisk Corporation (SNDK)vs › | $212.74B | 30.07% | 23.08% | 21.62% | 17.30% |
| International Business Machines Corporation (IBM)vs › | $201.80B | 58.43% | 57.42% | 56.07% | 55.85% |
Gross Margin
61.1%
(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 | 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% |
| 2002-06-30 | 50.13% |
