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 24.90% is in line with its 5-year average of 23.30%, around the middle of its 5-year range (17.48%–29.80%).
2.00% above its 12-month average of 24.41%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 25.64%.
GROSS MARGIN
24.90%
GROSS MARGIN AVG TTM
24.41%
GROSS MARGIN AVG 3Y
22.83%
GROSS MARGIN AVG 5Y
23.30%
GROSS MARGIN AVG 10Y
25.81%
GROSS MARGIN AVG 15Y
25.97%
GROSS MARGIN AVG 20Y
26.24%
CURRENT VS TTM AVG
+2.00%
CURRENT VS 3Y AVG
+9.08%
CURRENT VS 5Y AVG
+6.85%
CURRENT VS 10Y AVG
-3.53%
CURRENT VS 15Y AVG
-4.10%
CURRENT VS 20Y AVG
-5.10%
SECTOR MEDIAN · TECHNOLOGY
47.70%
median of 637 covered companies
CURRENT VS SECTOR MEDIAN
-47.80%
vs the sector median at left
Market Cap
$100.29M
Gross Margin
10.30%
TTM Avg
10.30%
3Y Avg
10.46%
5Y Avg
11.58%
Market Cap
$88.59M
Gross Margin
37.09%
TTM Avg
36.40%
3Y Avg
42.84%
5Y Avg
46.34%
Market Cap
$86.39M
Gross Margin
63.60%
TTM Avg
56.23%
3Y Avg
51.56%
5Y Avg
45.96%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Tucows Inc. (TCX) | $104.69M | 24.90% | 24.41% | 22.83% | 23.30% |
| Roadzen, Inc. (RDZN)vs › | $103.17M | 60.68% | 59.41% | 60.02% | 45.87% |
| GCL Global Holdings Ltd Ordinary Shares (GCL)vs › | $100.29M | 10.30% | 10.30% | 10.46% | 11.58% |
| RTB Digital Inc (RTB)vs › | $118.90M | -10.56% | 9.96% | -64.34% | -64.34% |
| Interlink Electronics, Inc. (LINK)vs › | $88.59M | 37.09% | 36.40% | 42.84% | 46.34% |
| AudioEye, Inc. (AEYE)vs › | $86.45M | 78.35% | 78.83% | 77.81% | 76.19% |
| Wrap Technologies, Inc. (WRAP)vs › | $86.39M | 63.60% | 56.23% | 51.56% | 45.96% |
| WISeQey Corp (WQEY)vs › | $85.55M | N/A | N/A | N/A | N/A |
| ZenaTech, Inc. (ZENA)vs › | $80.39M | -37.04% | 25.82% | 56.18% | 64.00% |
| SkyAI, Inc. (SKYA)vs › | $79.57M | -202.49% | -202.49% | -202.49% | -202.49% |
Gross Margin
24.9%
(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 |
|---|---|
| 2026-06-30 | 25.64% |
| 2026-03-31 | 24.96% |
| 2025-12-31 | 24.46% |
| 2025-09-30 | 24.53% |
| 2025-06-30 | 22.46% |
| 2025-03-31 | 24.87% |
| 2024-12-31 | 23.32% |
| 2024-09-30 | 24.04% |
| 2024-06-30 | 23.27% |
| 2024-03-31 | 20.94% |
| 2023-12-31 | 17.77% |
| 2023-09-30 | 19.26% |
| 2023-06-30 | 21.22% |
| 2023-03-31 | 17.48% |
| 2022-12-31 | 21.56% |
| 2022-09-30 | 23.05% |
| 2022-06-30 | 26.54% |
| 2022-03-31 | 26.14% |
| 2021-12-31 | 29.80% |
| 2021-09-30 | 23.75% |
| 2021-06-30 | 24.29% |
| 2021-03-31 | 24.63% |
| 2020-12-31 | 24.62% |
| 2020-09-30 | 26.83% |
| 2020-06-30 | 27.97% |
| 2020-03-31 | 29.95% |
| 2019-12-31 | 30.30% |
| 2019-09-30 | 31.29% |
| 2019-06-30 | 29.13% |
| 2019-03-31 | 28.69% |
| 2018-12-31 | 32.39% |
| 2018-09-30 | 29.05% |
| 2018-06-30 | 27.33% |
| 2018-03-31 | 23.61% |
| 2017-12-31 | 28.77% |
| 2017-09-30 | 23.71% |
| 2017-06-30 | 25.35% |
| 2017-03-31 | 24.36% |
| 2016-12-31 | 33.65% |
| 2016-09-30 | 33.91% |
| 2016-06-30 | 33.39% |
| 2016-03-31 | 33.26% |
| 2015-12-31 | 31.34% |
| 2015-09-30 | 31.46% |
| 2015-06-30 | 29.97% |
| 2015-03-31 | 30.20% |
| 2014-12-31 | 27.53% |
| 2014-09-30 | 29.78% |
| 2014-06-30 | 26.79% |
| 2014-03-31 | 25.46% |
| 2013-12-31 | 24.86% |
| 2013-09-30 | 28.06% |
| 2013-06-30 | 21.52% |
| 2013-03-31 | 21.61% |
| 2012-12-31 | 21.16% |
| 2012-09-30 | 22.05% |
| 2012-06-30 | 23.54% |
| 2012-03-31 | 24.80% |
| 2011-12-31 | 24.79% |
| 2011-09-30 | 24.14% |
| 2011-06-30 | 23.28% |
| 2011-03-31 | 23.68% |
| 2010-12-31 | 22.62% |
| 2010-09-30 | 23.16% |
| 2010-06-30 | 24.29% |
| 2010-03-31 | 25.12% |
| 2009-12-31 | 24.84% |
| 2009-09-30 | 25.47% |
| 2009-06-30 | 25.56% |
| 2009-03-31 | 28.99% |
| 2008-12-31 | 25.25% |
| 2008-09-30 | 26.51% |
| 2008-06-30 | 29.04% |
| 2008-03-31 | 24.92% |
| 2007-12-31 | 22.81% |
| 2007-09-30 | 25.05% |
| 2007-06-30 | 36.35% |
| 2007-03-31 | 36.79% |
| 2006-12-31 | 47.42% |
| 2006-09-30 | 33.43% |
| 2006-06-30 | 31.28% |
| 2006-03-31 | 31.37% |
| 2005-12-31 | 68.30% |
| 2005-09-30 | 24.14% |
| 2005-06-30 | 36.79% |
| 2005-03-31 | 27.60% |
| 2004-12-31 | 68.34% |
| 2004-09-30 | 29.23% |
| 2004-06-30 | 38.35% |
| 2004-03-31 | 36.65% |
| 2003-12-31 | 68.54% |
| 2003-09-30 | 26.75% |
| 2003-06-30 | 38.01% |
| 2003-03-31 | 28.77% |
| 2002-12-31 | 37.64% |
| 2002-09-30 | 39.03% |
