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 69.19% is in line with its 5-year average of 67.54%, around the middle of its 5-year range (63.87%–72.31%).
0.56% above its 12-month average of 68.81%.
Reported quarterly gross margin; no daily interpolation. Q4 FY2026 (2026-06-30): 67.54%.
GROSS MARGIN
69.19%
GROSS MARGIN AVG TTM
68.81%
GROSS MARGIN AVG 3Y
67.81%
GROSS MARGIN AVG 5Y
67.54%
GROSS MARGIN AVG 10Y
67.14%
GROSS MARGIN AVG 15Y
61.79%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.56%
CURRENT VS 3Y AVG
+2.04%
CURRENT VS 5Y AVG
+2.44%
CURRENT VS 10Y AVG
+3.05%
CURRENT VS 15Y AVG
+11.98%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.22%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+23.06%
vs the sector median at left
Paylocity Holding Corporation
Market Cap
$7.59B
Gross Margin
69.19%
TTM Avg
68.81%
3Y Avg
67.81%
5Y Avg
67.54%
Market Cap
$7.87B
Gross Margin
28.92%
TTM Avg
27.41%
3Y Avg
24.24%
5Y Avg
22.72%
Market Cap
$7.89B
Gross Margin
61.31%
TTM Avg
57.67%
3Y Avg
56.35%
5Y Avg
54.32%
Market Cap
$7.10B
Gross Margin
22.38%
TTM Avg
18.16%
3Y Avg
19.53%
5Y Avg
-12.99%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Paylocity Holding Corporation (PCTY) | $7.59B | 69.19% | 68.81% | 67.81% | 67.54% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $7.87B | 28.92% | 27.41% | 24.24% | 22.72% |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.89B | 61.31% | 57.67% | 56.35% | 54.32% |
| Camtek Ltd. (CAMT)vs › | $7.24B | 50.05% | 49.69% | 49.00% | 48.99% |
| AppFolio Inc. (APPF)vs › | $7.23B | 63.04% | 61.66% | 61.08% | 60.98% |
| SentinelOne, Inc. (S)vs › | $8.01B | 73.29% | 73.74% | 71.14% | 67.07% |
| GitLab Inc. (GTLB)vs › | $8.01B | 85.75% | 88.08% | 88.42% | 88.28% |
| Applied Digital Corp. (APLD)vs › | $7.10B | 22.38% | 18.16% | 19.53% | -12.99% |
| Plexus Corp. (PLXS)vs › | $6.97B | 10.04% | 9.82% | 9.53% | 9.49% |
| UiPath Inc. (PATH)vs › | $6.82B | 82.50% | 82.86% | 83.43% | 83.99% |
Gross Margin
69.2%
(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 | 67.54% |
| 2026-03-31 | 72.31% |
| 2025-12-31 | 67.80% |
| 2025-09-30 | 68.55% |
| 2025-06-30 | 67.84% |
| 2025-03-31 | 71.43% |
| 2024-12-31 | 66.96% |
| 2024-09-30 | 68.05% |
| 2024-06-30 | 67.29% |
| 2024-03-31 | 71.10% |
| 2023-12-31 | 67.09% |
| 2023-09-30 | 68.33% |
| 2023-06-30 | 68.65% |
| 2023-03-31 | 71.84% |
| 2022-12-31 | 67.01% |
| 2022-09-30 | 66.62% |
| 2022-06-30 | 66.20% |
| 2022-03-31 | 69.29% |
| 2021-12-31 | 63.87% |
| 2021-09-30 | 65.19% |
| 2021-06-30 | 64.74% |
| 2021-03-31 | 69.19% |
| 2020-12-31 | 63.41% |
| 2020-09-30 | 63.64% |
| 2020-06-30 | 64.87% |
| 2020-03-31 | 71.99% |
| 2019-12-31 | 65.69% |
| 2019-09-30 | 66.36% |
| 2019-06-30 | 66.69% |
| 2019-03-31 | 71.52% |
| 2018-12-31 | 64.49% |
| 2018-09-30 | 64.24% |
| 2018-06-30 | 59.90% |
| 2018-03-31 | 65.92% |
| 2017-12-31 | 57.16% |
| 2017-09-30 | 57.11% |
| 2017-06-30 | 56.40% |
| 2017-03-31 | 64.46% |
| 2016-12-31 | 55.74% |
| 2016-09-30 | 56.39% |
| 2016-06-30 | 55.58% |
| 2016-03-31 | 61.44% |
| 2015-12-31 | 56.33% |
| 2015-09-30 | 55.23% |
| 2015-06-30 | 54.71% |
| 2015-03-31 | 59.21% |
| 2014-12-31 | 47.41% |
| 2014-09-30 | 50.33% |
| 2014-06-30 | 47.28% |
| 2014-03-31 | 55.80% |
| 2013-12-31 | 44.29% |
| 2013-09-30 | 47.49% |
| 2013-06-30 | 46.32% |
| 2013-03-31 | 55.29% |
| 2012-12-31 | 44.55% |
| 2012-09-30 | 46.17% |
