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 36.33% is 17% above its 5-year average of 31.02%, near the high end of its 5-year range (20.86%–38.06%).
As of the fiscal period ended Tuesday, March 31, 2026. 17.93% above its 12-month average of 30.80%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
36.33%
GROSS MARGIN AVG TTM
30.80%
GROSS MARGIN AVG 3Y
30.64%
GROSS MARGIN AVG 5Y
31.02%
GROSS MARGIN AVG 10Y
36.64%
GROSS MARGIN AVG 15Y
38.77%
GROSS MARGIN AVG 20Y
36.62%
CURRENT VS TTM AVG
+17.93%
CURRENT VS 3Y AVG
+18.56%
CURRENT VS 5Y AVG
+17.12%
CURRENT VS 10Y AVG
-0.85%
CURRENT VS 15Y AVG
-6.30%
CURRENT VS 20Y AVG
-0.82%
SECTOR MEDIAN · TECHNOLOGY
57.61%
median of 176 covered companies
CURRENT VS SECTOR MEDIAN
-36.95%
vs the sector median at left
LightPath Technologies, Inc.
Market Cap
$820.03M
Gross Margin
36.33%
TTM Avg
30.80%
3Y Avg
30.64%
5Y Avg
31.02%
Market Cap
$777.13M
Gross Margin
-21.00%
TTM Avg
0.40%
3Y Avg
20.36%
5Y Avg
39.09%
Market Cap
$993.26M
Gross Margin
5.41%
TTM Avg
-12.42%
3Y Avg
-5.56%
5Y Avg
2.26%
Market Cap
$591.31M
Gross Margin
19.34%
TTM Avg
17.71%
3Y Avg
17.21%
5Y Avg
19.36%
Market Cap
$581.30M
Gross Margin
33.16%
TTM Avg
66.58%
3Y Avg
33.29%
5Y Avg
33.29%
Market Cap
$1.18B
Gross Margin
100.00%
TTM Avg
100.00%
3Y Avg
100.00%
5Y Avg
93.67%
Market Cap
$1.23B
Gross Margin
83.93%
TTM Avg
84.20%
3Y Avg
84.21%
5Y Avg
82.66%
Market Cap
$343.13M
Gross Margin
34.08%
TTM Avg
38.39%
3Y Avg
38.81%
5Y Avg
32.88%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| LightPath Technologies, Inc. (LPTH) | $820.03M | 36.33% | 30.80% | 30.64% | 31.02% |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $777.13M | -21.00% | 0.40% | 20.36% | 39.09% |
| Red Cat Holdings, Inc. (RCAT)vs › | $993.26M | 5.41% | -12.42% | -5.56% | 2.26% |
| Methode Electronics, Inc. (MEI)vs › | $591.31M | 19.34% | 17.71% | 17.21% | 19.36% |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $581.30M | 33.16% | 66.58% | 33.29% | 33.29% |
| PagerDuty, Inc. (PD)vs › | $1.07B | 85.02% | 83.95% | 82.71% | 83.21% |
| POET Technologies Inc. (POET)vs › | $1.18B | 100.00% | 100.00% | 100.00% | 93.67% |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.23B | 83.93% | 84.20% | 84.21% | 82.66% |
| Nano Dimension Ltd. (NNDM)vs › | $343.13M | 34.08% | 38.39% | 38.81% | 32.88% |
| One Stop Systems, Inc. (OSS)vs › | $327.94M | 46.53% | 30.32% | 29.57% | 30.28% |
Gross Margin
36.3%
(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 |
|---|---|
| 2026-03-31 | 36.33% |
| 2025-12-31 | 36.82% |
| 2025-09-30 | 29.77% |
| 2025-06-30 | 22.04% |
| 2025-03-31 | 29.06% |
| 2024-12-31 | 26.01% |
| 2024-09-30 | 33.86% |
| 2024-06-30 | 29.24% |
| 2024-03-31 | 20.86% |
| 2023-12-31 | 29.64% |
| 2023-09-30 | 28.87% |
| 2023-06-30 | 31.81% |
| 2023-03-31 | 34.22% |
| 2022-12-31 | 38.06% |
| 2022-09-30 | 30.32% |
| 2022-06-30 | 31.53% |
| 2022-03-31 | 36.53% |
| 2021-12-31 | 30.29% |
| 2021-09-30 | 34.84% |
| 2021-06-30 | 24.76% |
| 2021-03-31 | 36.48% |
| 2020-12-31 | 36.59% |
| 2020-09-30 | 40.49% |
| 2020-06-30 | 38.54% |
| 2020-03-31 | 46.07% |
| 2019-12-31 | 40.93% |
| 2019-09-30 | 27.90% |
| 2019-06-30 | 32.35% |
| 2019-03-31 | 39.28% |
| 2018-12-31 | 41.42% |
| 2018-09-30 | 35.59% |
| 2018-06-30 | 30.10% |
| 2018-03-31 | 38.71% |
| 2017-12-31 | 42.00% |
| 2017-09-30 | 43.44% |
| 2017-06-30 | 48.48% |
| 2017-03-31 | 49.74% |
| 2016-12-31 | 56.16% |
| 2016-09-30 | 56.67% |
| 2016-06-30 | 52.14% |
| 2016-03-31 | 54.11% |
| 2015-12-31 | 55.71% |
| 2015-09-30 | 53.73% |
| 2015-06-30 | 47.28% |
| 2015-03-31 | 50.05% |
| 2014-12-31 | 37.88% |
| 2014-09-30 | 37.55% |
| 2014-06-30 | 43.85% |
| 2014-03-31 | 48.79% |
| 2013-12-31 | 42.64% |
| 2013-09-30 | 46.95% |
| 2013-06-30 | 44.99% |
| 2013-03-31 | 46.50% |
| 2012-12-31 | 43.41% |
| 2012-09-30 | 40.72% |
| 2012-06-30 | 39.58% |
| 2012-03-31 | 31.70% |
| 2011-12-31 | 31.58% |
| 2011-09-30 | 39.61% |
| 2011-06-30 | 40.15% |
| 2011-03-31 | 40.15% |
| 2010-12-31 | 39.56% |
| 2010-09-30 | 36.67% |
| 2010-06-30 | 51.21% |
| 2010-03-31 | 47.02% |
| 2009-12-31 | 43.02% |
| 2009-09-30 | 42.94% |
| 2009-06-30 | 33.37% |
| 2009-03-31 | 25.02% |
| 2008-12-31 | 24.51% |
| 2008-09-30 | 26.99% |
| 2008-06-30 | 23.83% |
| 2008-03-31 | 19.84% |
| 2007-12-31 | 0.26% |
| 2007-09-30 | 10.34% |
| 2007-06-30 | 2.23% |
| 2007-03-31 | 24.91% |
| 2006-12-31 | 31.67% |
| 2006-09-30 | 24.47% |
| 2006-06-30 | 13.17% |
| 2006-03-31 | 9.93% |
| 2005-12-31 | 25.18% |
| 2005-09-30 | 20.42% |
| 2005-06-30 | 17.36% |
| 2005-03-31 | 25.99% |
| 2004-12-31 | 16.56% |
| 2004-09-30 | 19.60% |
| 2004-06-30 | 33.64% |
| 2004-03-31 | 16.73% |
| 2003-12-31 | 12.23% |
| 2003-09-30 | 32.07% |
| 2003-06-30 | 4.47% |
| 2003-03-31 | -5.23% |
| 2002-12-31 | -46.74% |
| 2002-09-30 | -36.37% |
| 2002-06-30 | -63.08% |
