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 60.01% is in line with its 5-year average of 55.57%, near the high end of its 5-year range (47.50%–62.07%).
0.43% above its 12-month average of 59.75%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 62.07%.
GROSS MARGIN
60.01%
GROSS MARGIN AVG TTM
59.75%
GROSS MARGIN AVG 3Y
59.24%
GROSS MARGIN AVG 5Y
55.57%
GROSS MARGIN AVG 10Y
53.84%
GROSS MARGIN AVG 15Y
39.62%
GROSS MARGIN AVG 20Y
37.44%
CURRENT VS TTM AVG
+0.43%
CURRENT VS 3Y AVG
+1.30%
CURRENT VS 5Y AVG
+7.99%
CURRENT VS 10Y AVG
+11.45%
CURRENT VS 15Y AVG
+51.46%
CURRENT VS 20Y AVG
+60.28%
SECTOR MEDIAN · TECHNOLOGY
47.70%
median of 637 covered companies
CURRENT VS SECTOR MEDIAN
+25.81%
vs the sector median at left
Remitly Global, Inc.
Market Cap
$4.89B
Gross Margin
60.01%
TTM Avg
59.75%
3Y Avg
59.24%
5Y Avg
55.57%
Market Cap
$4.95B
Gross Margin
43.84%
TTM Avg
47.23%
3Y Avg
47.80%
5Y Avg
46.64%
Market Cap
$4.83B
Gross Margin
22.10%
TTM Avg
20.83%
3Y Avg
18.89%
5Y Avg
17.75%
Market Cap
$5.00B
Gross Margin
31.73%
TTM Avg
32.22%
3Y Avg
36.35%
5Y Avg
36.27%
Market Cap
$5.06B
Gross Margin
-86.13%
TTM Avg
-16.66%
3Y Avg
30.36%
5Y Avg
36.33%
Market Cap
$4.67B
Gross Margin
44.72%
TTM Avg
44.72%
3Y Avg
45.09%
5Y Avg
48.46%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Remitly Global, Inc. (RELY) | $4.89B | 60.01% | 59.75% | 59.24% | 55.57% |
| Klaviyo, Inc. (KVYO)vs › | $4.89B | 73.79% | 75.53% | 74.63% | 73.87% |
| Box, Inc. (BOX)vs › | $4.84B | 79.55% | 79.15% | 76.93% | 75.00% |
| ACM Research, Inc. (ACMR)vs › | $4.95B | 43.84% | 47.23% | 47.80% | 46.64% |
| Insight Enterprises, Inc. (NSIT)vs › | $4.83B | 22.10% | 20.83% | 18.89% | 17.75% |
| Diodes Incorporated (DIOD)vs › | $5.00B | 31.73% | 32.22% | 36.35% | 36.27% |
| Rigetti Computing, Inc. (RGTI)vs › | $5.06B | -86.13% | -16.66% | 30.36% | 36.33% |
| Navan, Inc. (NAVN)vs › | $5.08B | 72.57% | 67.53% | 62.78% | 62.78% |
| Synaptics Incorporated (SYNA)vs › | $4.67B | 44.72% | 44.72% | 45.09% | 48.46% |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.12B | 48.18% | 42.49% | 42.95% | 44.91% |
Gross Margin
60.0%
(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 | 62.07% |
| 2026-03-31 | 59.33% |
| 2025-12-31 | 59.62% |
| 2025-09-30 | 58.73% |
| 2025-06-30 | 59.01% |
| 2025-03-31 | 60.19% |
| 2024-12-31 | 60.10% |
| 2024-09-30 | 59.19% |
| 2024-06-30 | 58.30% |
| 2024-03-31 | 59.13% |
| 2023-12-31 | 58.82% |
| 2023-09-30 | 55.75% |
| 2023-06-30 | 56.56% |
| 2023-03-31 | 53.89% |
| 2022-12-31 | 52.31% |
| 2022-09-30 | 48.00% |
| 2022-06-30 | 50.60% |
| 2022-03-31 | 48.44% |
| 2021-12-31 | 48.60% |
| 2021-09-30 | 50.87% |
| 2021-06-30 | 47.50% |
| 2021-03-31 | 45.37% |
| 2020-12-31 | 45.27% |
| 2020-09-30 | 50.30% |
| 2020-06-30 | 49.09% |
| 2020-03-31 | 42.87% |
| 2017-12-31 | 4.69% |
| 2017-09-30 | 3.70% |
| 2017-06-30 | 5.17% |
| 2017-03-31 | 3.98% |
| 2016-12-31 | 3.68% |
| 2016-09-30 | 5.27% |
| 2016-06-30 | 6.95% |
| 2016-03-31 | 5.37% |
| 2015-12-31 | 7.75% |
| 2015-09-30 | 7.50% |
| 2015-06-30 | 5.80% |
| 2015-03-31 | 3.48% |
| 2014-12-31 | 47.93% |
| 2014-09-30 | 37.50% |
| 2014-06-30 | 31.40% |
| 2014-03-31 | 36.20% |
| 2013-12-31 | 38.03% |
| 2013-09-30 | 33.73% |
| 2013-06-30 | 60.20% |
| 2013-03-31 | 44.95% |
| 2012-12-31 | 58.19% |
| 2012-09-30 | 42.82% |
| 2012-06-30 | 45.63% |
| 2012-03-31 | 43.60% |
| 2011-12-31 | 33.93% |
| 2011-09-30 | 42.94% |
| 2011-06-30 | -1493.65% |
| 2011-03-31 | 61.11% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 100.00% |
| 2005-12-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2002-12-31 | 100.00% |
| 2001-12-31 | 0.00% |
