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 81.07% is in line with its 5-year average of 89.66%, around the middle of its 5-year range (61.88%–111.62%).
8.86% below its 12-month average of 88.95%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 85.18%.
GROSS MARGIN
81.07%
GROSS MARGIN AVG TTM
88.95%
GROSS MARGIN AVG 3Y
83.75%
GROSS MARGIN AVG 5Y
89.66%
GROSS MARGIN AVG 10Y
95.98%
GROSS MARGIN AVG 15Y
97.17%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-8.86%
CURRENT VS 3Y AVG
-3.20%
CURRENT VS 5Y AVG
-9.58%
CURRENT VS 10Y AVG
-15.54%
CURRENT VS 15Y AVG
-16.57%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
55.76%
median of 111 covered companies
CURRENT VS SECTOR MEDIAN
+45.39%
vs the sector median at left
PIMCO California Municipal Income Fund
Market Cap
$434.47M
Gross Margin
81.07%
TTM Avg
88.95%
3Y Avg
83.75%
5Y Avg
89.66%
Market Cap
$432.09M
Gross Margin
85.81%
TTM Avg
71.36%
3Y Avg
91.02%
5Y Avg
-5562.28%
Market Cap
$311.82M
Gross Margin
N/A
TTM Avg
83.56%
3Y Avg
104.03%
5Y Avg
81.56%
Market Cap
$561.19M
Gross Margin
N/A
TTM Avg
85.82%
3Y Avg
122.53%
5Y Avg
114.85%
Market Cap
$277.61M
Gross Margin
67.66%
TTM Avg
67.59%
3Y Avg
75.75%
5Y Avg
78.81%
Market Cap
$266.59M
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$645.66M
Gross Margin
87.06%
TTM Avg
87.03%
3Y Avg
83.31%
5Y Avg
84.77%
Market Cap
$203.22M
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PIMCO California Municipal Income Fund (PCQ) | $434.47M | 81.07% | 88.95% | 83.75% | 89.66% |
| Invesco California Value Municipal Income Trust (VCV)vs › | $432.09M | 85.81% | 71.36% | 91.02% | -5562.28% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $311.82M | N/A | 83.56% | 104.03% | 81.56% |
| Nuveen California AMT-Free Quality Municipal Income Fund (NKX)vs › | $561.19M | N/A | 85.82% | 122.53% | 114.85% |
| Isabella Bank Corporation (ISBA)vs › | $277.61M | 67.66% | 67.59% | 75.75% | 78.81% |
| Thunder Bridge Capital Partners V L (TBCVU)vs › | $266.59M | N/A | N/A | N/A | N/A |
| Hypoport SE (HYPOF)vs › | $630.67M | 15.50% | 29.28% | 39.55% | 44.73% |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $645.66M | 87.06% | 87.03% | 83.31% | 84.77% |
| Astoria US Equal Weight Quality Kings ETF (ROE)vs › | $203.22M | N/A | N/A | N/A | N/A |
| DeFi Technologies Inc. (DEFT)vs › | $203.22M | 70.40% | 81.72% | -248.27% | -154.09% |
Gross Margin
81.1%
(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 |
|---|---|
| 2026-06-30 | 85.18% |
| 2025-12-31 | 81.67% |
| 2025-06-30 | 100.00% |
| 2024-12-31 | 83.30% |
| 2024-06-30 | 62.59% |
| 2023-12-31 | 61.88% |
| 2023-06-30 | 111.62% |
| 2022-12-31 | 100.00% |
| 2022-06-30 | 100.00% |
| 2021-12-31 | 100.00% |
| 2021-06-30 | 100.00% |
| 2020-12-31 | 85.62% |
| 2020-06-30 | 76.30% |
| 2019-12-31 | 100.00% |
| 2019-06-30 | 100.00% |
| 2018-12-31 | 100.00% |
| 2018-06-30 | 100.00% |
| 2017-12-31 | 100.00% |
| 2017-06-30 | 100.00% |
| 2016-12-31 | 100.00% |
| 2016-06-30 | 100.00% |
| 2015-12-31 | 0.00% |
| 2015-01-31 | 100.00% |
| 2014-07-31 | 100.00% |
| 2014-01-31 | 100.00% |
| 2013-07-31 | 100.00% |
| 2013-01-31 | 100.00% |
| 2012-07-31 | 100.00% |
| 2012-01-31 | 100.00% |
| 2011-10-30 | 100.00% |
