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 75.33% is in line with its 5-year average of 76.93%, near the low end of its 5-year range (74.58%–82.19%).
0.44% below its 12-month average of 75.66%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 75.82%.
GROSS MARGIN
75.33%
GROSS MARGIN AVG TTM
75.66%
GROSS MARGIN AVG 3Y
76.51%
GROSS MARGIN AVG 5Y
76.93%
GROSS MARGIN AVG 10Y
78.49%
GROSS MARGIN AVG 15Y
80.03%
GROSS MARGIN AVG 20Y
83.35%
CURRENT VS TTM AVG
-0.44%
CURRENT VS 3Y AVG
-1.55%
CURRENT VS 5Y AVG
-2.08%
CURRENT VS 10Y AVG
-4.03%
CURRENT VS 15Y AVG
-5.87%
CURRENT VS 20Y AVG
-9.62%
SECTOR MEDIAN · TECHNOLOGY
48.18%
median of 619 covered companies
CURRENT VS SECTOR MEDIAN
+56.35%
vs the sector median at left
Universal Display Corporation
Market Cap
$3.70B
Gross Margin
75.33%
TTM Avg
75.66%
3Y Avg
76.51%
5Y Avg
76.93%
Market Cap
$3.56B
Gross Margin
38.35%
TTM Avg
36.30%
3Y Avg
38.39%
5Y Avg
41.02%
Market Cap
$3.86B
Gross Margin
73.49%
TTM Avg
74.52%
3Y Avg
73.78%
5Y Avg
72.29%
Market Cap
$3.90B
Gross Margin
77.46%
TTM Avg
78.56%
3Y Avg
81.17%
5Y Avg
64.94%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Universal Display Corporation (OLED) | $3.70B | 75.33% | 75.66% | 76.51% | 76.93% |
| Workiva Inc. (WK)vs › | $3.81B | 80.21% | 77.59% | 76.64% | 76.25% |
| Itron, Inc. (ITRI)vs › | $3.84B | 39.87% | 36.04% | 33.50% | 31.77% |
| IPG Photonics Corporation (IPGP)vs › | $3.56B | 38.35% | 36.30% | 38.39% | 41.02% |
| monday.com Ltd. (MNDY)vs › | $3.56B | 88.74% | 89.27% | 88.66% | 88.01% |
| Freshworks Inc. (FRSH)vs › | $3.85B | 84.96% | 84.61% | 83.17% | 81.77% |
| CCC Intelligent Solutions Holdings Inc. (CCC)vs › | $3.86B | 73.49% | 74.52% | 73.78% | 72.29% |
| Wix.com Ltd. (WIX)vs › | $3.88B | 66.64% | 68.00% | 66.31% | 65.83% |
| Webull Corporation Class A Ordinary Shares (BULL)vs › | $3.90B | 77.46% | 78.56% | 81.17% | 64.94% |
| Shift4 Payments, Inc. (FOUR)vs › | $3.46B | 35.91% | 31.69% | 28.45% | 26.22% |
Gross Margin
75.3%
(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 |
|---|---|
| 2026-06-30 | 75.82% |
| 2026-03-31 | 74.60% |
| 2025-12-31 | 76.12% |
| 2025-09-30 | 74.58% |
| 2025-06-30 | 77.18% |
| 2025-03-31 | 77.07% |
| 2024-12-31 | 76.98% |
| 2024-09-30 | 77.84% |
| 2024-06-30 | 75.82% |
| 2024-03-31 | 77.63% |
| 2023-12-31 | 77.25% |
| 2023-09-30 | 75.72% |
| 2023-06-30 | 78.07% |
| 2023-03-31 | 74.73% |
| 2022-12-31 | 82.19% |
| 2022-09-30 | 76.71% |
| 2022-06-30 | 80.05% |
| 2022-03-31 | 77.96% |
| 2021-12-31 | 77.95% |
| 2021-09-30 | 78.08% |
| 2021-06-30 | 78.43% |
| 2021-03-31 | 82.61% |
| 2020-12-31 | 80.93% |
| 2020-09-30 | 80.03% |
| 2020-06-30 | 78.19% |
| 2020-03-31 | 80.00% |
| 2019-12-31 | 82.11% |
| 2019-09-30 | 82.27% |
| 2019-06-30 | 79.63% |
| 2019-03-31 | 81.98% |
| 2018-12-31 | 73.87% |
| 2018-09-30 | 79.21% |
| 2018-06-30 | 79.28% |
| 2018-03-31 | 82.88% |
| 2017-12-31 | 85.38% |
| 2017-09-30 | 78.17% |
| 2017-06-30 | 88.97% |
| 2017-03-31 | 76.63% |
| 2016-12-31 | 87.81% |
| 2016-09-30 | 78.63% |
| 2016-06-30 | 91.17% |
| 2016-03-31 | 82.99% |
| 2015-12-31 | 87.03% |
| 2015-09-30 | 81.62% |
| 2015-06-30 | 32.72% |
| 2015-03-31 | 72.52% |
| 2014-12-31 | 78.50% |
| 2014-09-30 | 77.54% |
| 2014-06-30 | 81.36% |
| 2014-03-31 | 73.84% |
| 2013-12-31 | 84.37% |
| 2013-09-30 | 70.20% |
| 2013-06-30 | 83.22% |
| 2013-03-31 | 79.35% |
| 2012-12-31 | 97.39% |
| 2012-09-30 | 91.25% |
| 2012-06-30 | 94.63% |
| 2012-03-31 | 91.38% |
| 2011-12-31 | 86.92% |
| 2011-09-30 | 88.95% |
| 2011-06-30 | 96.80% |
| 2011-03-31 | 96.83% |
| 2010-12-31 | 117.13% |
| 2010-09-30 | 95.33% |
| 2010-06-30 | 95.42% |
| 2010-03-31 | 97.68% |
| 2009-12-31 | 85.26% |
| 2009-09-30 | 94.61% |
| 2009-06-30 | 89.24% |
| 2009-03-31 | 93.97% |
| 2008-12-31 | 91.53% |
| 2008-09-30 | 86.09% |
| 2008-06-30 | 88.49% |
| 2008-03-31 | 89.01% |
| 2007-12-31 | 91.42% |
| 2007-09-30 | 87.91% |
| 2007-06-30 | 91.29% |
| 2007-03-31 | 87.51% |
| 2006-12-31 | 87.55% |
| 2006-09-30 | 91.90% |
| 2006-06-30 | 92.96% |
| 2006-03-31 | 91.90% |
| 2005-12-31 | 98.87% |
| 2005-09-30 | 98.67% |
| 2005-06-30 | 99.59% |
| 2005-03-31 | 87.94% |
| 2004-12-31 | 98.84% |
| 2004-09-30 | 98.94% |
| 2004-06-30 | 95.92% |
| 2004-03-31 | 97.30% |
| 2003-12-31 | 98.65% |
| 2003-09-30 | 98.23% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 100.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 100.00% |