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 47.77% is in line with its 5-year average of 49.94%, near the low end of its 5-year range (46.02%–55.46%).
0.49% below its 12-month average of 48.01%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
47.77%
GROSS MARGIN AVG TTM
48.01%
GROSS MARGIN AVG 3Y
49.48%
GROSS MARGIN AVG 5Y
49.94%
GROSS MARGIN AVG 10Y
52.33%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.49%
CURRENT VS 3Y AVG
-3.46%
CURRENT VS 5Y AVG
-4.35%
CURRENT VS 10Y AVG
-8.71%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.77%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-15.85%
vs the sector median at left
Market Cap
$176.08B
Gross Margin
65.80%
TTM Avg
59.27%
3Y Avg
60.85%
5Y Avg
62.78%
Market Cap
$168.43B
Gross Margin
48.85%
TTM Avg
48.85%
3Y Avg
38.57%
5Y Avg
33.84%
Market Cap
$182.40B
Gross Margin
54.23%
TTM Avg
55.82%
3Y Avg
56.30%
5Y Avg
57.23%
Market Cap
$148.48B
Gross Margin
42.31%
TTM Avg
39.58%
3Y Avg
39.31%
5Y Avg
42.90%
Market Cap
$200.07B
Gross Margin
51.42%
TTM Avg
46.17%
3Y Avg
46.11%
5Y Avg
46.80%
Market Cap
$204.96B
Gross Margin
38.50%
TTM Avg
35.32%
3Y Avg
33.77%
5Y Avg
32.89%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Shopify Inc. (SHOP) | $173.51B | 47.77% | 48.01% | 49.48% | 49.94% |
| Analog Devices, Inc. (ADI)vs › | $176.08B | 65.80% | 59.27% | 60.85% | 62.78% |
| Western Digital Corporation (WDC)vs › | $168.43B | 48.85% | 48.85% | 38.57% | 33.84% |
| QUALCOMM Incorporated (QCOM)vs › | $182.40B | 54.23% | 55.82% | 56.30% | 57.23% |
| Uber Technologies, Inc. (UBER)vs › | $148.48B | 42.31% | 39.58% | 39.31% | 42.90% |
| Marvell Technology, Inc. (MRVL)vs › | $200.07B | 51.42% | 46.17% | 46.11% | 46.80% |
| Salesforce, Inc. (CRM)vs › | $201.54B | 77.28% | 77.44% | 75.93% | 75.27% |
| Corning Inc (GLW)vs › | $145.12B | 36.32% | 33.94% | 32.72% | 33.01% |
| Amphenol Corporation (APH)vs › | $204.96B | 38.50% | 35.32% | 33.77% | 32.89% |
| Seagate Technology Holdings plc (STX)vs › | $206.84B | 45.58% | 45.58% | 34.74% | 30.63% |
Gross Margin
47.8%
(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 | 47.67% |
| 2026-03-31 | 48.77% |
| 2025-12-31 | 46.11% |
| 2025-09-30 | 48.91% |
| 2025-06-30 | 48.58% |
| 2025-03-31 | 49.53% |
| 2024-12-31 | 48.08% |
| 2024-09-30 | 51.71% |
| 2024-06-30 | 51.10% |
| 2024-03-31 | 51.42% |
| 2023-12-31 | 49.53% |
| 2023-09-30 | 52.57% |
| 2023-06-30 | 49.29% |
| 2023-03-31 | 47.55% |
| 2022-12-31 | 46.02% |
| 2022-09-30 | 48.46% |
| 2022-06-30 | 50.66% |
| 2022-03-31 | 52.99% |
| 2021-12-31 | 50.19% |
| 2021-09-30 | 54.19% |
| 2021-06-30 | 55.46% |
| 2021-03-31 | 56.51% |
| 2020-12-31 | 51.59% |
| 2020-09-30 | 52.79% |
| 2020-06-30 | 52.50% |
| 2020-03-31 | 54.67% |
| 2019-12-31 | 52.24% |
| 2019-09-30 | 55.48% |
| 2019-06-30 | 56.57% |
| 2019-03-31 | 56.26% |
| 2018-12-31 | 54.02% |
| 2018-09-30 | 55.44% |
| 2018-06-30 | 55.91% |
| 2018-03-31 | 57.78% |
| 2017-12-31 | 54.37% |
| 2017-09-30 | 58.34% |
| 2017-06-30 | 57.26% |
| 2017-03-31 | 56.71% |
| 2016-12-31 | 52.26% |
| 2016-09-30 | 52.68% |
| 2016-06-30 | 53.28% |
| 2016-03-31 | 54.00% |
| 2015-12-31 | 50.60% |
| 2015-09-30 | 54.45% |
| 2015-06-30 | 56.21% |
| 2015-03-31 | 57.74% |
| 2014-12-31 | 55.75% |
| 2014-09-30 | 59.38% |
| 2014-06-30 | 60.45% |
| 2014-03-31 | 61.82% |
