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 70.68% is in line with its 5-year average of 77.65%, near the low end of its 5-year range (70.68%–80.02%).
As of the fiscal period ended Tuesday, June 30, 2026. 6.29% below its 12-month average of 75.43%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
70.68%
GROSS MARGIN AVG TTM
75.43%
GROSS MARGIN AVG 3Y
78.12%
GROSS MARGIN AVG 5Y
78.00%
GROSS MARGIN AVG 10Y
77.15%
GROSS MARGIN AVG 15Y
72.48%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-6.29%
CURRENT VS 3Y AVG
-9.52%
CURRENT VS 5Y AVG
-9.38%
CURRENT VS 10Y AVG
-8.39%
CURRENT VS 15Y AVG
-2.49%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.46%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+23.01%
vs the sector median at left
Market Cap
$106.51B
Gross Margin
48.19%
TTM Avg
49.52%
3Y Avg
49.47%
5Y Avg
48.53%
Market Cap
$133.00B
Gross Margin
88.37%
TTM Avg
85.85%
3Y Avg
76.94%
5Y Avg
72.35%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ServiceNow, Inc. (NOW) | $115.00B | 70.68% | 75.43% | 78.12% | 78.00% |
| Fortinet, Inc. (FTNT)vs › | $118.65B | 80.38% | 80.70% | 78.38% | 78.02% |
| Corning Inc (GLW)vs › | $118.98B | 36.32% | 33.94% | 32.72% | 33.01% |
| Automatic Data Processing, Inc. (ADP)vs › | $106.51B | 48.19% | 49.52% | 49.47% | 48.53% |
| Snowflake Inc. (SNOW)vs › | $101.65B | 67.15% | 66.84% | 66.73% | 64.72% |
| Accenture plc (ACN)vs › | $101.53B | 31.97% | 32.26% | 32.21% | 32.13% |
| Adobe Inc. (ADBE)vs › | $99.54B | 89.12% | 88.83% | 88.31% | 88.28% |
| Cloudflare, Inc. (NET)vs › | $98.92B | 73.33% | 75.91% | 76.08% | 76.41% |
| AppLovin Corporation (APP)vs › | $133.00B | 88.37% | 85.85% | 76.94% | 72.35% |
| Datadog, Inc. (DDOG)vs › | $95.39B | 79.89% | 80.38% | 80.20% | 79.41% |
Gross Margin
70.7%
(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 | 70.68% |
| 2026-03-31 | 75.07% |
| 2025-12-31 | 76.63% |
| 2025-09-30 | 77.28% |
| 2025-06-30 | 77.48% |
| 2025-03-31 | 78.92% |
| 2024-12-31 | 78.66% |
| 2024-09-30 | 79.12% |
| 2024-06-30 | 78.99% |
| 2024-03-31 | 80.02% |
| 2023-12-31 | 78.83% |
| 2023-09-30 | 78.32% |
| 2023-06-30 | 78.09% |
| 2023-03-31 | 79.10% |
| 2022-12-31 | 78.61% |
| 2022-09-30 | 78.15% |
| 2022-06-30 | 77.80% |
| 2022-03-31 | 78.57% |
| 2021-12-31 | 76.77% |
| 2021-09-30 | 76.85% |
| 2021-06-30 | 76.65% |
| 2021-03-31 | 78.01% |
| 2020-12-31 | 77.68% |
| 2020-09-30 | 78.15% |
| 2020-06-30 | 78.25% |
| 2020-03-31 | 78.65% |
| 2019-12-31 | 77.78% |
| 2019-09-30 | 77.33% |
| 2019-06-30 | 76.24% |
| 2019-03-31 | 76.39% |
| 2018-12-31 | 76.50% |
| 2018-09-30 | 76.55% |
| 2018-06-30 | 75.73% |
| 2018-03-31 | 75.65% |
| 2017-12-31 | 75.41% |
| 2017-09-30 | 74.45% |
| 2017-06-30 | 74.20% |
| 2017-03-31 | 72.06% |
| 2016-12-31 | 72.79% |
| 2016-09-30 | 71.25% |
| 2016-06-30 | 71.68% |
| 2016-03-31 | 69.18% |
| 2015-12-31 | 68.17% |
| 2015-09-30 | 68.64% |
| 2015-06-30 | 67.69% |
| 2015-03-31 | 63.72% |
| 2014-12-31 | 64.32% |
| 2014-09-30 | 63.02% |
| 2014-06-30 | 64.66% |
| 2014-03-31 | 61.81% |
| 2013-12-31 | 63.76% |
| 2013-09-30 | 62.63% |
| 2013-06-30 | 64.78% |
| 2013-03-31 | 62.41% |
| 2012-12-31 | 57.02% |
| 2012-09-30 | 57.15% |
| 2012-06-30 | 59.68% |
| 2012-03-31 | 55.23% |
| 2011-12-31 | 61.94% |
| 2011-06-30 | 67.80% |
| 2011-03-31 | 63.49% |
| 2010-12-31 | 64.95% |
| 2010-09-30 | 67.47% |
