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 89.15% is in line with its 5-year average of 88.42%, near the high end of its 5-year range (86.48%–89.94%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.07% below its 12-month average of 89.21%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
89.15%
GROSS MARGIN AVG TTM
89.21%
GROSS MARGIN AVG 3Y
89.18%
GROSS MARGIN AVG 5Y
88.42%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.07%
CURRENT VS 3Y AVG
-0.03%
CURRENT VS 5Y AVG
+0.83%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.23%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+55.77%
vs the sector median at left
Market Cap
$4.84B
Gross Margin
80.70%
TTM Avg
81.61%
3Y Avg
80.57%
5Y Avg
78.59%
Market Cap
$5.77B
Gross Margin
27.92%
TTM Avg
28.62%
3Y Avg
29.92%
5Y Avg
31.41%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| monday.com Ltd. (MNDY) | $4.62B | 89.15% | 89.21% | 89.18% | 88.42% |
| Itron, Inc. (ITRI)vs › | $4.59B | 39.87% | 36.04% | 33.50% | 31.77% |
| Box, Inc. (BOX)vs › | $4.44B | 79.56% | 79.15% | 76.93% | 75.00% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.84B | 80.70% | 81.61% | 80.57% | 78.59% |
| AXT, Inc. (AXTI)vs › | $3.72B | 12.73% | 18.36% | 22.80% | 26.25% |
| Ambarella, Inc. (AMBA)vs › | $3.65B | 58.28% | 58.41% | 59.78% | 60.44% |
| EPAM Systems, Inc. (EPAM)vs › | $5.77B | 27.92% | 28.62% | 29.92% | 31.41% |
| Klaviyo, Inc. (KVYO)vs › | $5.81B | 74.55% | 75.53% | 74.63% | 73.87% |
| Genpact Limited (G)vs › | $5.98B | 36.43% | 35.51% | 35.31% | 35.28% |
| Veeco Instruments Inc. (VECO)vs › | $3.21B | 38.46% | 41.17% | 41.46% | 41.69% |
Gross Margin
89.1%
(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 | 89.15% |
| 2025-12-31 | 88.82% |
| 2025-09-30 | 88.71% |
| 2025-06-30 | 89.57% |
| 2025-03-31 | 89.79% |
| 2024-12-31 | 88.62% |
| 2024-09-30 | 89.65% |
| 2024-06-30 | 89.94% |
| 2024-03-31 | 89.19% |
| 2023-12-31 | 88.94% |
| 2023-09-30 | 88.53% |
| 2023-06-30 | 88.89% |
| 2023-03-31 | 89.51% |
| 2022-12-31 | 88.42% |
| 2022-09-30 | 86.98% |
| 2022-06-30 | 86.48% |
| 2022-03-31 | 86.54% |
| 2021-12-31 | 87.68% |
| 2021-09-30 | 87.70% |
| 2021-06-30 | 87.10% |
| 2021-03-31 | 86.56% |
| 2020-12-31 | 86.68% |
| 2020-09-30 | 85.13% |
| 2020-06-30 | 86.61% |
| 2020-03-31 | 85.62% |
