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 47.03% is 13% above its 5-year average of 41.67%, near the high end of its 5-year range (32.40%–48.28%).
As of the fiscal period ended Tuesday, March 31, 2026. 2.87% above its 12-month average of 45.72%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
47.03%
GROSS MARGIN AVG TTM
45.72%
GROSS MARGIN AVG 3Y
42.15%
GROSS MARGIN AVG 5Y
41.67%
GROSS MARGIN AVG 10Y
43.93%
GROSS MARGIN AVG 15Y
44.01%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+2.87%
CURRENT VS 3Y AVG
+11.59%
CURRENT VS 5Y AVG
+12.86%
CURRENT VS 10Y AVG
+7.06%
CURRENT VS 15Y AVG
+6.87%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.46%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
-18.15%
vs the sector median at left
Market Cap
$30.36B
Gross Margin
39.04%
TTM Avg
41.08%
3Y Avg
42.03%
5Y Avg
41.05%
Market Cap
$33.79B
Gross Margin
37.22%
TTM Avg
38.85%
3Y Avg
43.43%
5Y Avg
41.11%
Market Cap
$29.37B
Gross Margin
26.40%
TTM Avg
24.82%
3Y Avg
26.42%
5Y Avg
17.73%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ubiquiti Inc. (UI) | $31.82B | 47.03% | 45.72% | 42.15% | 41.67% |
| Jabil Inc. (JBL)vs › | $32.76B | 9.23% | 9.07% | 8.57% | 8.23% |
| NetApp, Inc. (NTAP)vs › | $32.86B | 70.74% | 70.47% | 69.45% | 68.50% |
| ANSYS, Inc. (ANSS)vs › | $32.91B | 88.78% | 88.53% | 87.85% | 87.84% |
| Teledyne Technologies Incorporated (TDY)vs › | $30.36B | 39.04% | 41.08% | 42.03% | 41.05% |
| Veeva Systems Inc. (VEEV)vs › | $30.25B | 74.95% | 75.03% | 73.28% | 73.00% |
| ON Semiconductor Corporation (ON)vs › | $33.79B | 37.22% | 38.85% | 43.43% | 41.11% |
| Roblox Corporation (RBLX)vs › | $34.04B | 78.45% | 77.91% | 77.01% | 76.03% |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $29.37B | 26.40% | 24.82% | 26.42% | 17.73% |
| Twilio Inc. (TWLO)vs › | $29.06B | 48.69% | 50.01% | 49.16% | 49.59% |
Gross Margin
47.0%
(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 | 47.03% |
| 2025-12-31 | 45.90% |
| 2025-09-30 | 45.98% |
| 2025-06-30 | 45.15% |
| 2025-03-31 | 44.55% |
| 2024-12-31 | 41.21% |
| 2024-09-30 | 42.09% |
| 2024-06-30 | 40.23% |
| 2024-03-31 | 35.31% |
| 2023-12-31 | 38.21% |
| 2023-09-30 | 39.71% |
| 2023-06-30 | 41.40% |
| 2023-03-31 | 41.17% |
| 2022-12-31 | 40.03% |
| 2022-09-30 | 34.41% |
| 2022-06-30 | 38.28% |
| 2022-03-31 | 32.40% |
| 2021-12-31 | 40.48% |
| 2021-09-30 | 45.64% |
| 2021-06-30 | 48.28% |
| 2021-03-31 | 47.67% |
| 2020-12-31 | 48.11% |
| 2020-09-30 | 48.17% |
| 2020-06-30 | 48.19% |
| 2020-03-31 | 47.31% |
| 2019-12-31 | 47.06% |
| 2019-09-30 | 46.83% |
| 2019-06-30 | 46.38% |
| 2019-03-31 | 46.62% |
| 2018-12-31 | 45.64% |
| 2018-09-30 | 46.52% |
| 2018-06-30 | 44.68% |
| 2018-03-31 | 45.72% |
| 2017-12-31 | 38.63% |
| 2017-09-30 | 45.41% |
| 2017-06-30 | 45.13% |
| 2017-03-31 | 45.38% |
| 2016-12-31 | 44.55% |
| 2016-09-30 | 48.01% |
| 2016-06-30 | 48.34% |
| 2016-03-31 | 49.27% |
| 2015-12-31 | 48.83% |
| 2015-09-30 | 48.54% |
| 2015-06-30 | 45.53% |
| 2015-03-31 | 44.74% |
| 2014-12-31 | 45.07% |
| 2014-09-30 | 40.68% |
| 2014-06-30 | 44.14% |
| 2014-03-31 | 44.23% |
| 2013-12-31 | 44.04% |
| 2013-09-30 | 44.74% |
| 2013-06-30 | 43.82% |
| 2013-03-31 | 42.65% |
| 2012-12-31 | 40.70% |
| 2012-09-30 | 40.66% |
| 2012-06-30 | 43.26% |
| 2012-03-31 | 43.27% |
| 2011-12-31 | 42.46% |
| 2011-09-30 | 41.70% |
| 2011-06-30 | 41.50% |
| 2011-03-31 | 41.26% |
| 2010-12-31 | 40.02% |
| 2010-09-30 | 39.99% |
| 2010-06-30 | 39.53% |
