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 48.63% is in line with its 5-year average of 49.14%, around the middle of its 5-year range (46.96%–51.96%).
As of the fiscal period ended Tuesday, March 31, 2026. 0.50% below its 12-month average of 48.88%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
48.63%
GROSS MARGIN AVG TTM
48.88%
GROSS MARGIN AVG 3Y
49.67%
GROSS MARGIN AVG 5Y
49.14%
GROSS MARGIN AVG 10Y
51.54%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.50%
CURRENT VS 3Y AVG
-2.09%
CURRENT VS 5Y AVG
-1.02%
CURRENT VS 10Y AVG
-5.64%
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
-15.36%
vs the sector median at left
Market Cap
$30.39B
Gross Margin
39.04%
TTM Avg
41.08%
3Y Avg
42.03%
5Y Avg
41.05%
Market Cap
$28.17B
Gross Margin
77.40%
TTM Avg
76.41%
3Y Avg
75.99%
5Y Avg
74.54%
Market Cap
$31.76B
Gross Margin
37.22%
TTM Avg
38.85%
3Y Avg
43.43%
5Y Avg
41.11%
Market Cap
$27.46B
Gross Margin
41.97%
TTM Avg
43.97%
3Y Avg
44.19%
5Y Avg
44.19%
Market Cap
$27.43B
Gross Margin
26.40%
TTM Avg
24.82%
3Y Avg
26.42%
5Y Avg
17.73%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Twilio Inc. (TWLO) | $29.95B | 48.63% | 48.88% | 49.67% | 49.14% |
| Teledyne Technologies Incorporated (TDY)vs › | $30.39B | 39.04% | 41.08% | 42.03% | 41.05% |
| Strategy Inc (MSTR)vs › | $30.86B | 67.60% | 70.38% | 74.49% | 76.84% |
| Fiserv, Inc. (FISV)vs › | $28.76B | 58.07% | 60.09% | 58.74% | 55.38% |
| Everpure, Inc (PSTG)vs › | $28.49B | 70.23% | 70.11% | 70.13% | 69.61% |
| Zoom Communications, Inc. (ZM)vs › | $28.17B | 77.40% | 76.41% | 75.99% | 74.54% |
| ON Semiconductor Corporation (ON)vs › | $31.76B | 37.22% | 38.85% | 43.43% | 41.11% |
| Qnity Electronics, Inc. (Q)vs › | $27.46B | 41.97% | 43.97% | 44.19% | 44.19% |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $27.43B | 26.40% | 24.82% | 26.42% | 17.73% |
| MongoDB, Inc. (MDB)vs › | $27.14B | 71.97% | 72.53% | 73.16% | 72.16% |
Gross Margin
48.6%
(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 |
|---|---|
| 2026-03-31 | 48.63% |
| 2025-12-31 | 48.49% |
| 2025-09-30 | 48.61% |
| 2025-06-30 | 49.07% |
| 2025-03-31 | 49.60% |
| 2024-12-31 | 50.19% |
| 2024-09-30 | 51.04% |
| 2024-06-30 | 51.35% |
| 2024-03-31 | 51.96% |
| 2023-12-31 | 49.37% |
| 2023-09-30 | 49.95% |
| 2023-06-30 | 48.74% |
| 2023-03-31 | 48.75% |
| 2022-12-31 | 46.96% |
| 2022-09-30 | 47.01% |
| 2022-06-30 | 47.20% |
| 2022-03-31 | 48.56% |
| 2021-12-31 | 47.05% |
| 2021-09-30 | 49.26% |
| 2021-06-30 | 49.52% |
| 2021-03-31 | 50.56% |
| 2020-12-31 | 51.47% |
| 2020-09-30 | 51.54% |
| 2020-06-30 | 52.17% |
| 2020-03-31 | 53.04% |
| 2019-12-31 | 52.74% |
| 2019-09-30 | 53.60% |
| 2019-06-30 | 54.54% |
| 2019-03-31 | 54.07% |
| 2018-12-31 | 52.87% |
| 2018-09-30 | 54.39% |
| 2018-06-30 | 54.02% |
| 2018-03-31 | 53.85% |
| 2017-12-31 | 52.25% |
| 2017-09-30 | 52.01% |
| 2017-06-30 | 55.84% |
| 2017-03-31 | 57.33% |
| 2016-12-31 | 58.26% |
| 2016-09-30 | 56.26% |
| 2016-06-30 | 56.28% |
| 2016-03-31 | 54.79% |
| 2015-12-31 | 56.21% |
| 2015-09-30 | 55.71% |
| 2015-06-30 | 55.66% |
| 2015-03-31 | 53.41% |
| 2014-12-31 | 50.95% |
| 2014-09-30 | 54.56% |
| 2014-06-30 | 56.31% |
| 2014-03-31 | 54.42% |
