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 31.52% is 22% above its 5-year average of 25.86%, near the high end of its 5-year range (2.39%–33.07%).
1.06% above its 12-month average of 31.19%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 31.15%.
GROSS MARGIN
31.52%
GROSS MARGIN AVG TTM
31.19%
GROSS MARGIN AVG 3Y
25.54%
GROSS MARGIN AVG 5Y
25.86%
GROSS MARGIN AVG 10Y
28.07%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+1.06%
CURRENT VS 3Y AVG
+23.40%
CURRENT VS 5Y AVG
+21.89%
CURRENT VS 10Y AVG
+12.31%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
48.78%
median of 582 covered companies
CURRENT VS SECTOR MEDIAN
-35.39%
vs the sector median at left
Market Cap
$2.27B
Gross Margin
71.46%
TTM Avg
71.07%
3Y Avg
69.67%
5Y Avg
66.19%
Market Cap
$2.19B
Gross Margin
10.14%
TTM Avg
10.71%
3Y Avg
12.68%
5Y Avg
13.38%
Market Cap
$2.32B
Gross Margin
18.89%
TTM Avg
18.66%
3Y Avg
18.03%
5Y Avg
17.39%
Market Cap
$2.42B
Gross Margin
78.00%
TTM Avg
81.25%
3Y Avg
82.56%
5Y Avg
80.12%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nLIGHT, Inc. (LASR) | $2.24B | 31.52% | 31.19% | 25.54% | 25.86% |
| PDF Solutions, Inc. (PDFS)vs › | $2.27B | 71.46% | 71.07% | 69.67% | 66.19% |
| Asana, Inc. (ASAN)vs › | $2.21B | 87.56% | 89.19% | 89.53% | 89.20% |
| Schrödinger, Inc. (SDGR)vs › | $2.19B | 56.87% | 59.69% | 60.04% | 57.74% |
| Innodata Inc. (INOD)vs › | $2.19B | 42.63% | 39.47% | 37.68% | 37.07% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.19B | 10.14% | 10.71% | 12.68% | 13.38% |
| PC Connection, Inc. (CNXN)vs › | $2.32B | 18.89% | 18.66% | 18.03% | 17.39% |
| nCino, Inc. (NCNO)vs › | $2.10B | 61.51% | 60.31% | 59.72% | 59.18% |
| Payoneer Global Inc. (PAYO)vs › | $2.42B | 78.00% | 81.25% | 82.56% | 80.12% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.06B | -8.25% | -12.52% | -8.09% | 6.92% |
Gross Margin
31.5%
(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 | 31.15% |
| 2026-03-31 | 33.07% |
| 2025-12-31 | 30.74% |
| 2025-09-30 | 31.09% |
| 2025-06-30 | 29.90% |
| 2025-03-31 | 26.71% |
| 2024-12-31 | 2.39% |
| 2024-09-30 | 22.36% |
| 2024-06-30 | 23.46% |
| 2024-03-31 | 16.82% |
| 2023-12-31 | 18.89% |
| 2023-09-30 | 19.63% |
| 2023-06-30 | 22.71% |
| 2023-03-31 | 26.37% |
| 2022-12-31 | 10.20% |
| 2022-09-30 | 22.43% |
| 2022-06-30 | 25.29% |
| 2022-03-31 | 25.10% |
| 2021-12-31 | 26.60% |
| 2021-09-30 | 29.62% |
| 2021-06-30 | 29.41% |
| 2021-03-31 | 28.76% |
| 2020-12-31 | 29.90% |
| 2020-09-30 | 27.80% |
| 2020-06-30 | 25.04% |
| 2020-03-31 | 21.99% |
| 2019-12-31 | 23.29% |
| 2019-09-30 | 29.58% |
| 2019-06-30 | 33.03% |
| 2019-03-31 | 32.28% |
| 2018-12-31 | 35.76% |
| 2018-09-30 | 35.37% |
| 2018-06-30 | 34.19% |
| 2018-03-31 | 34.68% |
| 2017-12-31 | 32.77% |
| 2017-09-30 | 33.78% |
| 2017-06-30 | 30.81% |
| 2017-03-31 | 30.00% |
