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 84.86% is 10% above its 5-year average of 76.92%, near the high end of its 5-year range (65.76%–84.93%).
As of the fiscal period ended Wednesday, January 31, 2024. 6.62% above its 12-month average of 79.59%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
84.86%
GROSS MARGIN AVG TTM
79.59%
GROSS MARGIN AVG 3Y
75.87%
GROSS MARGIN AVG 5Y
76.92%
GROSS MARGIN AVG 10Y
79.19%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+6.62%
CURRENT VS 3Y AVG
+11.85%
CURRENT VS 5Y AVG
+10.32%
CURRENT VS 10Y AVG
+7.16%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.46%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+47.68%
vs the sector median at left
Market Cap
$26.38B
Gross Margin
67.44%
TTM Avg
68.02%
3Y Avg
67.58%
5Y Avg
66.80%
Market Cap
$26.08B
Gross Margin
24.77%
TTM Avg
23.44%
3Y Avg
24.88%
5Y Avg
23.30%
Market Cap
$25.80B
Gross Margin
77.40%
TTM Avg
76.41%
3Y Avg
75.99%
5Y Avg
74.54%
Market Cap
$28.27B
Gross Margin
41.97%
TTM Avg
43.97%
3Y Avg
44.19%
5Y Avg
44.19%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Splunk Inc. (SPLK) | $26.44B | 84.86% | 79.59% | 75.87% | 76.92% |
| Verisk Analytics, Inc. (VRSK)vs › | $26.38B | 67.44% | 68.02% | 67.58% | 66.80% |
| Tower Semiconductor Ltd. (TSEM)vs › | $26.08B | 24.77% | 23.44% | 24.88% | 23.30% |
| Zoom Communications, Inc. (ZM)vs › | $25.80B | 77.40% | 76.41% | 75.99% | 74.54% |
| Fiserv, Inc. (FISV)vs › | $27.21B | 58.07% | 60.09% | 58.74% | 55.38% |
| Strategy Inc (MSTR)vs › | $27.23B | 68.11% | 70.38% | 74.49% | 76.84% |
| VeriSign, Inc. (VRSN)vs › | $25.31B | 88.47% | 87.93% | 87.14% | 86.64% |
| Qnity Electronics, Inc. (Q)vs › | $28.27B | 41.97% | 43.97% | 44.19% | 44.19% |
| Everpure, Inc (PSTG)vs › | $28.49B | 70.23% | 70.11% | 70.13% | 69.61% |
| Corpay, Inc. (CPAY)vs › | $24.22B | 72.79% | 74.02% | 75.98% | 76.53% |
Gross Margin
84.9%
(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 |
|---|---|
| 2024-01-31 | 84.86% |
| 2023-10-31 | 80.33% |
| 2023-07-31 | 76.73% |
| 2023-04-30 | 72.42% |
| 2023-01-31 | 83.59% |
| 2022-10-31 | 78.30% |
| 2022-07-31 | 74.11% |
| 2022-04-30 | 70.01% |
| 2022-01-31 | 78.87% |
| 2021-10-31 | 71.68% |
| 2021-07-31 | 69.72% |
| 2021-04-30 | 65.76% |
| 2021-01-31 | 79.88% |
| 2020-10-31 | 75.51% |
| 2020-07-31 | 73.14% |
| 2020-04-30 | 70.37% |
| 2020-01-31 | 83.84% |
| 2019-10-31 | 82.79% |
| 2019-07-31 | 80.97% |
| 2019-04-30 | 77.45% |
| 2019-01-31 | 84.93% |
| 2018-10-31 | 81.45% |
| 2018-07-31 | 78.43% |
| 2018-04-30 | 74.98% |
| 2018-01-31 | 83.86% |
| 2017-10-31 | 80.48% |
| 2017-07-31 | 78.61% |
| 2017-04-30 | 76.01% |
| 2017-01-31 | 80.99% |
| 2016-10-31 | 80.12% |
| 2016-07-31 | 79.03% |
| 2016-04-30 | 78.76% |
| 2016-01-31 | 83.91% |
| 2015-10-31 | 82.46% |
| 2015-07-31 | 83.12% |
| 2015-04-30 | 81.63% |
| 2015-01-31 | 85.39% |
| 2014-10-31 | 84.85% |
| 2014-07-31 | 85.16% |
| 2014-04-30 | 83.49% |
| 2014-01-31 | 88.79% |
| 2013-10-31 | 86.62% |
| 2013-07-31 | 88.90% |
| 2013-04-30 | 88.32% |
| 2013-01-31 | 89.83% |
| 2012-10-31 | 88.70% |
| 2012-07-31 | 89.56% |
| 2012-04-30 | 88.53% |
| 2012-01-31 | 92.05% |
| 2011-10-31 | 89.76% |
| 2011-07-31 | 88.54% |
| 2011-04-30 | 90.29% |
| 2011-01-31 | 89.82% |
