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 60.98% is in line with its 5-year average of 62.19%, around the middle of its 5-year range (51.63%–68.09%).
As of the fiscal period ended Tuesday, March 31, 2026. 8.21% above its 12-month average of 56.36%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
60.98%
GROSS MARGIN AVG TTM
56.36%
GROSS MARGIN AVG 3Y
60.02%
GROSS MARGIN AVG 5Y
62.19%
GROSS MARGIN AVG 10Y
60.40%
GROSS MARGIN AVG 15Y
59.54%
GROSS MARGIN AVG 20Y
59.59%
CURRENT VS TTM AVG
+8.21%
CURRENT VS 3Y AVG
+1.61%
CURRENT VS 5Y AVG
-1.95%
CURRENT VS 10Y AVG
+0.96%
CURRENT VS 15Y AVG
+2.43%
CURRENT VS 20Y AVG
+2.33%
SECTOR MEDIAN · TECHNOLOGY
57.46%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+6.13%
vs the sector median at left
Microchip Technology Incorporated
Market Cap
$40.56B
Gross Margin
60.98%
TTM Avg
56.36%
3Y Avg
60.02%
5Y Avg
62.19%
Market Cap
$39.52B
Gross Margin
69.38%
TTM Avg
72.96%
3Y Avg
59.83%
5Y Avg
59.83%
Market Cap
$39.30B
Gross Margin
69.53%
TTM Avg
69.27%
3Y Avg
69.53%
5Y Avg
69.33%
Market Cap
$36.36B
Gross Margin
68.04%
TTM Avg
68.04%
3Y Avg
64.90%
5Y Avg
62.49%
Market Cap
$45.08B
Gross Margin
68.63%
TTM Avg
53.08%
3Y Avg
-14.21%
5Y Avg
9.17%
Market Cap
$45.16B
Gross Margin
57.23%
TTM Avg
54.27%
3Y Avg
48.29%
5Y Avg
50.64%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Microchip Technology Incorporated (MCHP) | $40.56B | 60.98% | 56.36% | 60.02% | 62.19% |
| Paychex, Inc. (PAYX)vs › | $41.18B | 74.29% | 73.32% | 72.40% | 71.47% |
| Workday, Inc. (WDAY)vs › | $39.79B | 75.77% | 75.60% | 74.82% | 73.96% |
| Celestica Inc. (CLS)vs › | $39.76B | 11.59% | 11.21% | 10.21% | 9.51% |
| CoreWeave, Inc. Class A Common Stock (CRWV)vs › | $39.52B | 69.38% | 72.96% | 59.83% | 59.83% |
| Roper Technologies, Inc. (ROP)vs › | $39.30B | 69.53% | 69.27% | 69.53% | 69.33% |
| Credo Technology Group Holding Ltd (CRDO)vs › | $36.36B | 68.04% | 68.04% | 64.90% | 62.49% |
| Nebius Group N.V. (NBIS)vs › | $45.08B | 68.63% | 53.08% | -14.21% | 9.17% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $45.16B | 57.23% | 54.27% | 48.29% | 50.64% |
| United Microelectronics Corporation (UMC)vs › | $46.07B | 30.60% | 30.79% | 35.41% | 32.92% |
Gross Margin
61.0%
(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 | 60.98% |
| 2025-12-31 | 59.60% |
| 2025-09-30 | 55.94% |
| 2025-06-30 | 53.62% |
| 2025-03-31 | 51.63% |
| 2024-12-31 | 54.72% |
| 2024-09-30 | 57.44% |
| 2024-06-30 | 59.37% |
| 2024-03-31 | 59.58% |
| 2023-12-31 | 63.43% |
| 2023-09-30 | 67.75% |
| 2023-06-30 | 68.09% |
| 2023-03-31 | 68.05% |
| 2022-12-31 | 67.80% |
| 2022-09-30 | 67.43% |
| 2022-06-30 | 66.71% |
| 2022-03-31 | 66.18% |
| 2021-12-31 | 65.62% |
| 2021-09-30 | 64.75% |
| 2021-06-30 | 64.20% |
| 2021-03-31 | 63.17% |
| 2020-12-31 | 62.55% |
| 2020-09-30 | 61.70% |
| 2020-06-30 | 60.95% |
| 2020-03-31 | 61.36% |
| 2019-12-31 | 61.01% |
| 2019-09-30 | 61.86% |
| 2019-06-30 | 61.64% |
| 2019-03-31 | 61.69% |
| 2018-12-31 | 56.71% |
| 2018-09-30 | 48.12% |
| 2018-06-30 | 52.95% |
| 2018-03-31 | 61.37% |
| 2017-12-31 | 61.06% |
| 2017-09-30 | 60.67% |
| 2017-06-30 | 60.11% |
| 2017-03-31 | 59.03% |
| 2016-12-31 | 55.76% |
| 2016-09-30 | 47.12% |
| 2016-06-30 | 43.59% |
| 2016-03-31 | 54.30% |
| 2015-12-31 | 54.17% |
| 2015-09-30 | 55.59% |
| 2015-06-30 | 57.87% |
| 2015-03-31 | 57.74% |
| 2014-12-31 | 57.11% |
| 2014-09-30 | 56.29% |
| 2014-06-30 | 57.96% |
| 2014-03-31 | 58.90% |
| 2013-12-31 | 58.61% |
| 2013-09-30 | 58.63% |
| 2013-06-30 | 57.60% |
| 2013-03-31 | 55.57% |
| 2012-12-31 | 48.17% |
| 2012-09-30 | 50.66% |
| 2012-06-30 | 58.16% |
| 2012-03-31 | 57.20% |
| 2011-12-31 | 56.35% |
| 2011-09-30 | 57.75% |
| 2011-06-30 | 58.68% |
| 2011-03-31 | 59.37% |
| 2010-12-31 | 58.83% |
| 2010-09-30 | 58.86% |
| 2010-06-30 | 64.66% |
| 2010-03-31 | 60.60% |
| 2009-12-31 | 58.38% |
| 2009-09-30 | 54.42% |
| 2009-06-30 | 49.98% |
| 2009-03-31 | 48.46% |
| 2008-12-31 | 54.53% |
| 2008-09-30 | 60.86% |
| 2008-06-30 | 61.00% |
| 2008-03-31 | 60.92% |
| 2007-12-31 | 60.59% |
| 2007-09-30 | 59.82% |
| 2007-06-30 | 60.04% |
| 2007-03-31 | 59.88% |
| 2006-12-31 | 59.64% |
| 2006-09-30 | 60.45% |
| 2006-06-30 | 60.36% |
| 2006-03-31 | 60.10% |
| 2005-12-31 | 59.72% |
| 2005-09-30 | 59.20% |
| 2005-06-30 | 58.35% |
| 2005-03-31 | 57.36% |
| 2004-12-31 | 56.86% |
| 2004-09-30 | 57.26% |
| 2004-06-30 | 57.08% |
| 2004-03-31 | 55.46% |
| 2003-12-31 | 54.52% |
| 2003-09-30 | 54.13% |
| 2003-06-30 | 34.42% |
| 2003-03-31 | 54.91% |
| 2002-12-31 | 55.47% |
| 2002-09-30 | 53.91% |
| 2002-06-30 | 51.56% |
