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 66.61% is in line with its 5-year average of 65.78%, near the high end of its 5-year range (57.47%–68.82%).
As of the fiscal period ended Thursday, April 30, 2026. 0.66% below its 12-month average of 67.05%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
66.61%
GROSS MARGIN AVG TTM
67.05%
GROSS MARGIN AVG 3Y
67.15%
GROSS MARGIN AVG 5Y
66.47%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.66%
CURRENT VS 3Y AVG
-0.81%
CURRENT VS 5Y AVG
+0.21%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.23%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+16.38%
vs the sector median at left
Market Cap
$106.51B
Gross Margin
48.19%
TTM Avg
49.52%
3Y Avg
49.47%
5Y Avg
48.53%
Market Cap
$93.78B
Gross Margin
88.50%
TTM Avg
86.20%
3Y Avg
87.84%
5Y Avg
88.28%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Snowflake Inc. (SNOW) | $101.65B | 66.61% | 67.05% | 67.15% | 66.47% |
| Accenture plc (ACN)vs › | $101.53B | 31.97% | 32.26% | 32.21% | 32.13% |
| Adobe Inc. (ADBE)vs › | $99.54B | 89.12% | 88.83% | 88.31% | 88.28% |
| Cloudflare, Inc. (NET)vs › | $98.92B | 73.33% | 75.91% | 76.08% | 76.41% |
| Automatic Data Processing, Inc. (ADP)vs › | $106.51B | 48.19% | 49.52% | 49.47% | 48.53% |
| Datadog, Inc. (DDOG)vs › | $95.39B | 79.89% | 80.38% | 80.20% | 79.41% |
| Cadence Design Systems, Inc. (CDNS)vs › | $93.78B | 88.50% | 86.20% | 87.84% | 88.28% |
| ServiceNow, Inc. (NOW)vs › | $115.00B | 74.77% | 78.36% | 78.40% | 78.13% |
| Intuit Inc. (INTU)vs › | $86.46B | 81.03% | 79.74% | 79.67% | 80.55% |
| Fortinet, Inc. (FTNT)vs › | $118.82B | 80.38% | 80.70% | 78.38% | 78.02% |
Gross Margin
66.6%
(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 |
|---|---|
| 2026-04-30 | 66.61% |
| 2026-01-31 | 66.80% |
| 2025-10-31 | 67.77% |
| 2025-07-31 | 67.53% |
| 2025-04-30 | 66.53% |
| 2025-01-31 | 66.23% |
| 2024-10-31 | 65.94% |
| 2024-07-31 | 66.84% |
| 2024-04-30 | 67.12% |
| 2024-01-31 | 68.79% |
| 2023-10-31 | 68.82% |
| 2023-07-31 | 67.60% |
| 2023-04-30 | 66.42% |
| 2023-01-31 | 65.08% |
| 2022-10-31 | 65.76% |
| 2022-07-31 | 65.16% |
| 2022-04-30 | 64.98% |
| 2022-01-31 | 65.04% |
| 2021-10-31 | 63.88% |
| 2021-07-31 | 61.01% |
| 2021-04-30 | 57.47% |
| 2021-01-31 | 56.47% |
| 2020-10-31 | 58.23% |
| 2020-07-31 | 62.11% |
| 2020-04-30 | 60.89% |
| 2020-01-31 | 60.63% |
| 2019-10-31 | 59.61% |
| 2019-07-31 | 52.75% |
| 2019-04-30 | 45.00% |