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 72.58% is in line with its 5-year average of 76.37%, near the low end of its 5-year range (71.21%–78.23%).
0.70% below its 12-month average of 73.09%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
72.58%
GROSS MARGIN AVG TTM
73.09%
GROSS MARGIN AVG 3Y
75.39%
GROSS MARGIN AVG 5Y
76.37%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.70%
CURRENT VS 3Y AVG
-3.73%
CURRENT VS 5Y AVG
-4.97%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.77%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+27.86%
vs the sector median at left
Market Cap
$104.48B
Gross Margin
88.46%
TTM Avg
85.85%
3Y Avg
76.94%
5Y Avg
72.35%
Market Cap
$107.18B
Gross Margin
48.19%
TTM Avg
49.52%
3Y Avg
49.47%
5Y Avg
48.53%
Market Cap
$87.70B
Gross Margin
19.47%
TTM Avg
16.54%
3Y Avg
16.88%
5Y Avg
16.92%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Cloudflare, Inc. (NET) | $101.53B | 72.58% | 73.09% | 75.39% | 76.37% |
| Adobe Inc. (ADBE)vs › | $101.14B | 89.12% | 88.83% | 88.31% | 88.28% |
| AppLovin Corporation (APP)vs › | $104.48B | 88.46% | 85.85% | 76.94% | 72.35% |
| Automatic Data Processing, Inc. (ADP)vs › | $107.18B | 48.19% | 49.52% | 49.47% | 48.53% |
| Accenture plc (ACN)vs › | $108.80B | 31.97% | 32.26% | 32.21% | 32.13% |
| Fortinet, Inc. (FTNT)vs › | $114.96B | 80.38% | 80.70% | 78.38% | 78.02% |
| ASE Technology Holding Co., Ltd. (ASX)vs › | $87.70B | 19.47% | 16.54% | 16.88% | 16.92% |
| Intuit Inc. (INTU)vs › | $86.26B | 81.28% | 81.02% | 79.72% | 80.42% |
| Snowflake Inc. (SNOW)vs › | $116.96B | 67.03% | 66.84% | 66.73% | 64.72% |
| Cadence Design Systems, Inc. (CDNS)vs › | $78.71B | 88.50% | 86.20% | 87.84% | 88.28% |
Gross Margin
72.6%
(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 | 71.76% |
| 2026-03-31 | 71.21% |
| 2025-12-31 | 73.64% |
| 2025-09-30 | 73.97% |
| 2025-06-30 | 74.88% |
| 2025-03-31 | 75.88% |
| 2024-12-31 | 76.37% |
| 2024-09-30 | 77.69% |
| 2024-06-30 | 77.80% |
| 2024-03-31 | 77.54% |
| 2023-12-31 | 77.02% |
| 2023-09-30 | 76.74% |
| 2023-06-30 | 75.62% |
| 2023-03-31 | 75.73% |
| 2022-12-31 | 75.32% |
| 2022-09-30 | 75.59% |
| 2022-06-30 | 76.20% |
| 2022-03-31 | 77.82% |
| 2021-12-31 | 78.05% |
| 2021-09-30 | 78.23% |
| 2021-06-30 | 77.02% |
| 2021-03-31 | 76.76% |
| 2020-12-31 | 76.92% |
| 2020-09-30 | 76.35% |
| 2020-06-30 | 75.77% |
| 2020-03-31 | 77.18% |
| 2019-12-31 | 78.32% |
| 2019-09-30 | 78.32% |
| 2019-06-30 | 78.00% |
| 2019-03-31 | 76.74% |
| 2018-12-31 | 76.66% |
| 2018-09-30 | 77.61% |
| 2018-06-30 | 77.11% |
| 2018-03-31 | 78.46% |
