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 44.92% is in line with its 5-year average of 48.06%, near the low end of its 5-year range (44.92%–56.83%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.09% below its 12-month average of 45.88%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
44.92%
GROSS MARGIN AVG TTM
45.88%
GROSS MARGIN AVG 3Y
46.04%
GROSS MARGIN AVG 5Y
47.62%
GROSS MARGIN AVG 10Y
52.04%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-2.09%
CURRENT VS 3Y AVG
-2.43%
CURRENT VS 5Y AVG
-5.66%
CURRENT VS 10Y AVG
-13.68%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
57.83%
median of 95 covered companies
CURRENT VS SECTOR MEDIAN
-22.32%
vs the sector median at left
PayPal Holdings, Inc.
Market Cap
$50.47B
Gross Margin
44.92%
TTM Avg
45.88%
3Y Avg
46.04%
5Y Avg
47.62%
Market Cap
$50.34B
Gross Margin
89.46%
TTM Avg
77.87%
3Y Avg
88.93%
5Y Avg
92.62%
Market Cap
$50.97B
Gross Margin
65.27%
TTM Avg
59.91%
3Y Avg
68.29%
5Y Avg
78.26%
Market Cap
$51.21B
Gross Margin
68.50%
TTM Avg
62.23%
3Y Avg
67.88%
5Y Avg
74.53%
Market Cap
$49.07B
Gross Margin
50.24%
TTM Avg
50.63%
3Y Avg
51.66%
5Y Avg
52.05%
Market Cap
$44.83B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$42.36B
Gross Margin
42.04%
TTM Avg
33.41%
3Y Avg
30.01%
5Y Avg
31.08%
Market Cap
$42.07B
Gross Margin
70.73%
TTM Avg
65.11%
3Y Avg
60.06%
5Y Avg
61.52%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PayPal Holdings, Inc. (PYPL) | $50.47B | 44.92% | 45.88% | 46.04% | 47.62% |
| Discover Financial Services (DFS)vs › | $50.34B | 89.46% | 77.87% | 88.93% | 92.62% |
| State Street Corporation (STT)vs › | $50.97B | 65.27% | 59.91% | 68.29% | 78.26% |
| Fifth Third Bancorp (FITB)vs › | $51.21B | 68.50% | 62.23% | 67.88% | 74.53% |
| Ameriprise Financial, Inc. (AMP)vs › | $49.07B | 50.24% | 50.63% | 51.66% | 52.05% |
| Nasdaq, Inc. (NDAQ)vs › | $52.65B | 47.93% | 44.16% | 41.97% | 40.05% |
| State Street SPDR Dow Jones Industrial Average ETF Trust (DIA)vs › | $44.83B | N/A | N/A | N/A | N/A |
| Prudential Financial, Inc. (PRU)vs › | $42.36B | 42.04% | 33.41% | 30.01% | 31.08% |
| Ares Management Corporation (ARES)vs › | $42.07B | 70.73% | 65.11% | 60.06% | 61.52% |
| American International Group, Inc. (AIG)vs › | $41.66B | 38.50% | 34.27% | 27.09% | 41.18% |
Gross Margin
44.9%
(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 | 44.92% |
| 2026-03-31 | 45.61% |
| 2025-12-31 | 46.50% |
| 2025-09-30 | 45.99% |
| 2025-06-30 | 46.38% |
| 2025-03-31 | 47.70% |
| 2024-12-31 | 47.04% |
| 2024-09-30 | 46.57% |
| 2024-06-30 | 45.76% |
| 2024-03-31 | 44.95% |
| 2023-12-31 | 45.75% |
| 2023-09-30 | 45.42% |
| 2023-06-30 | 45.94% |
| 2023-03-31 | 47.09% |
| 2022-12-31 | 49.72% |
| 2022-09-30 | 50.99% |
| 2022-06-30 | 48.69% |
| 2022-03-31 | 50.86% |
| 2021-12-31 | 52.27% |
| 2021-09-30 | 54.19% |
| 2021-06-30 | 56.83% |
| 2021-03-31 | 57.77% |
| 2020-12-31 | 55.92% |
| 2020-09-30 | 56.66% |
| 2020-06-30 | 56.61% |
| 2020-03-31 | 49.55% |
| 2019-12-31 | 53.76% |
| 2019-09-30 | 53.38% |
| 2019-06-30 | 54.82% |
| 2019-03-31 | 54.22% |
| 2018-12-31 | 54.61% |
| 2018-09-30 | 54.90% |
| 2018-06-30 | 56.03% |
| 2018-03-31 | 57.12% |
| 2017-12-31 | 65.12% |
| 2017-09-30 | 54.77% |
| 2017-06-30 | 56.25% |
| 2017-03-31 | 56.74% |
| 2016-12-31 | 57.70% |
| 2016-09-30 | 58.72% |
| 2016-06-30 | 59.81% |
| 2016-03-31 | 60.42% |
| 2015-12-31 | 61.07% |
| 2015-09-30 | 62.27% |
| 2015-06-30 | 64.34% |
| 2015-03-31 | 64.76% |
| 2014-12-31 | 64.11% |
| 2014-09-30 | 63.70% |
| 2014-06-30 | 66.26% |
| 2014-03-31 | 65.69% |
