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 74.71% is in line with its 5-year average of 73.24%, near the high end of its 5-year range (68.33%–77.10%).
As of the fiscal period ended Thursday, April 30, 2026. 0.89% below its 12-month average of 75.39%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
74.71%
GROSS MARGIN AVG TTM
75.39%
GROSS MARGIN AVG 3Y
74.30%
GROSS MARGIN AVG 5Y
73.24%
GROSS MARGIN AVG 10Y
71.95%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.89%
CURRENT VS 3Y AVG
+0.56%
CURRENT VS 5Y AVG
+2.01%
CURRENT VS 10Y AVG
+3.85%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.73%
median of 175 covered companies
CURRENT VS SECTOR MEDIAN
+29.42%
vs the sector median at left
Veeva Systems Inc.
Market Cap
$30.25B
Gross Margin
74.71%
TTM Avg
75.39%
3Y Avg
74.30%
5Y Avg
73.24%
Market Cap
$30.36B
Gross Margin
39.04%
TTM Avg
41.08%
3Y Avg
42.03%
5Y Avg
41.05%
Market Cap
$29.37B
Gross Margin
26.40%
TTM Avg
24.82%
3Y Avg
26.42%
5Y Avg
17.73%
Market Cap
$28.70B
Gross Margin
84.16%
TTM Avg
80.98%
3Y Avg
79.87%
5Y Avg
77.72%
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 |
|---|---|---|---|---|---|
| Veeva Systems Inc. (VEEV) | $30.25B | 74.71% | 75.39% | 74.30% | 73.24% |
| Teledyne Technologies Incorporated (TDY)vs › | $30.36B | 39.04% | 41.08% | 42.03% | 41.05% |
| 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% |
| Fair Isaac Corporation (FICO)vs › | $28.70B | 84.16% | 80.98% | 79.87% | 77.72% |
| Ubiquiti Inc. (UI)vs › | $31.82B | 46.02% | 40.89% | 40.14% | 42.66% |
| Everpure, Inc (PSTG)vs › | $28.49B | 70.23% | 70.11% | 70.13% | 69.61% |
| Qnity Electronics, Inc. (Q)vs › | $28.27B | 41.97% | 43.97% | 44.19% | 44.19% |
| 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% |
Gross Margin
74.7%
(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 | 74.71% |
| 2026-01-31 | 74.46% |
| 2025-10-31 | 75.41% |
| 2025-07-31 | 75.26% |
| 2025-04-30 | 77.10% |
| 2025-01-31 | 74.89% |
| 2024-10-31 | 75.06% |
| 2024-07-31 | 74.80% |
| 2024-04-30 | 73.26% |
| 2024-01-31 | 72.42% |
| 2023-10-31 | 72.80% |
| 2023-07-31 | 71.36% |
| 2023-04-30 | 68.33% |
| 2023-01-31 | 70.83% |
| 2022-10-31 | 72.14% |
| 2022-07-31 | 71.61% |
| 2022-04-30 | 72.38% |
| 2022-01-31 | 72.01% |
| 2021-10-31 | 72.79% |
| 2021-07-31 | 73.20% |
| 2021-04-30 | 73.21% |
| 2021-01-31 | 71.31% |
| 2020-10-31 | 72.72% |
| 2020-07-31 | 72.52% |
| 2020-04-30 | 71.85% |
| 2020-01-31 | 69.72% |
| 2019-10-31 | 73.90% |
| 2019-07-31 | 73.69% |
| 2019-04-30 | 73.24% |
| 2019-01-31 | 72.23% |
| 2018-10-31 | 72.69% |
| 2018-07-31 | 71.74% |
| 2018-04-30 | 69.24% |
| 2018-01-31 | 67.75% |
| 2017-10-31 | 69.78% |
| 2017-07-31 | 69.24% |
| 2017-04-30 | 68.24% |
| 2017-01-31 | 69.05% |
| 2016-10-31 | 69.24% |
| 2016-07-31 | 67.88% |
| 2016-04-30 | 65.69% |
| 2016-01-31 | 65.22% |
| 2015-10-31 | 65.38% |
| 2015-07-31 | 65.88% |
| 2015-04-30 | 64.43% |
| 2015-01-31 | 64.19% |
| 2014-10-31 | 63.71% |
| 2014-07-31 | 62.81% |
| 2014-04-30 | 61.11% |
| 2014-01-31 | 61.22% |
| 2013-10-31 | 61.09% |
| 2013-07-31 | 61.39% |
| 2013-04-30 | 58.61% |
| 2013-01-31 | 57.87% |
| 2012-10-31 | 55.70% |
