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 56.49% is in line with its 5-year average of 55.86%, around the middle of its 5-year range (46.39%–65.39%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.61% above its 12-month average of 55.05%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
56.49%
GROSS MARGIN AVG TTM
55.05%
GROSS MARGIN AVG 3Y
54.34%
GROSS MARGIN AVG 5Y
55.86%
GROSS MARGIN AVG 10Y
47.06%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+2.61%
CURRENT VS 3Y AVG
+3.95%
CURRENT VS 5Y AVG
+1.11%
CURRENT VS 10Y AVG
+20.04%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
53.00%
median of 28 covered companies
CURRENT VS SECTOR MEDIAN
+6.59%
vs the sector median at left
Market Cap
$7.39B
Gross Margin
73.34%
TTM Avg
75.28%
3Y Avg
77.55%
5Y Avg
79.89%
Market Cap
$8.93B
Gross Margin
34.77%
TTM Avg
30.88%
3Y Avg
28.75%
5Y Avg
28.75%
Market Cap
$13.54B
Gross Margin
51.53%
TTM Avg
51.73%
3Y Avg
57.27%
5Y Avg
51.51%
Market Cap
$376.04M
Gross Margin
81.86%
TTM Avg
81.77%
3Y Avg
81.72%
5Y Avg
82.00%
Market Cap
$15.02B
Gross Margin
100.00%
TTM Avg
100.00%
3Y Avg
100.00%
5Y Avg
100.00%
Market Cap
$16.62B
Gross Margin
46.32%
TTM Avg
46.14%
3Y Avg
43.65%
5Y Avg
41.75%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snap Inc. (SNAP) | $7.36B | 56.49% | 55.05% | 54.34% | 55.86% |
| Zillow Group, Inc. Class C (Z)vs › | $7.39B | 73.34% | 75.28% | 77.55% | 79.89% |
| Match Group, Inc. (MTCH)vs › | $8.84B | 73.80% | 72.16% | 71.46% | 71.86% |
| Paramount Skydance Corporation Class B Common Stock (PSKY)vs › | $8.93B | 34.77% | 30.88% | 28.75% | 28.75% |
| TKO Group Holdings, Inc. (TKO)vs › | $13.54B | 51.53% | 51.73% | 57.27% | 51.51% |
| Fiverr International Ltd. (FVRR)vs › | $376.04M | 81.86% | 81.77% | 81.72% | 82.00% |
| Pinterest, Inc. (PINS)vs › | $14.72B | 79.86% | 79.75% | 78.19% | 77.61% |
| News Corporation (NWSA)vs › | $15.02B | 100.00% | 100.00% | 100.00% | 100.00% |
| Charter Communications, Inc. (CHTR)vs › | $16.62B | 46.32% | 46.14% | 43.65% | 41.75% |
| Roku, Inc. (ROKU)vs › | $21.06B | 44.19% | 43.84% | 44.37% | 45.65% |
Gross Margin
56.5%
(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 |
|---|---|
| 2026-03-31 | 56.49% |
| 2025-12-31 | 59.00% |
| 2025-09-30 | 55.26% |
| 2025-06-30 | 51.42% |
| 2025-03-31 | 53.08% |
| 2024-12-31 | 56.87% |
| 2024-09-30 | 53.45% |
| 2024-06-30 | 52.38% |
| 2024-03-31 | 51.89% |
| 2023-12-31 | 54.34% |
| 2023-09-30 | 53.24% |
| 2023-06-30 | 53.46% |
| 2023-03-31 | 55.49% |
| 2022-12-31 | 62.97% |
| 2022-09-30 | 58.64% |
| 2022-06-30 | 59.82% |
| 2022-03-31 | 60.39% |
| 2021-12-31 | 65.39% |
| 2021-09-30 | 58.46% |
| 2021-06-30 | 54.69% |
| 2021-03-31 | 46.39% |
| 2020-12-31 | 57.69% |
| 2020-09-30 | 56.81% |
| 2020-06-30 | 44.85% |
| 2020-03-31 | 45.21% |
| 2019-12-31 | 54.81% |
| 2019-09-30 | 49.99% |
| 2019-06-30 | 44.46% |
| 2019-03-31 | 36.41% |
| 2018-12-31 | 45.37% |
| 2018-09-30 | 33.64% |
| 2018-06-30 | 26.96% |
| 2018-03-31 | 14.68% |
| 2017-12-31 | 33.06% |
| 2017-09-30 | -1.33% |
| 2017-06-30 | 16.25% |
| 2017-03-31 | -9.16% |
| 2016-12-31 | 7.44% |
| 2016-09-30 | 0.33% |
| 2016-06-30 | -31.98% |
| 2016-03-31 | -95.30% |
| 2015-12-31 | -97.96% |
| 2015-09-30 | -236.19% |
| 2015-06-30 | -666.00% |
| 2015-03-31 | -565.37% |