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 62.05% is in line with its 5-year average of 62.14%, around the middle of its 5-year range (59.43%–65.67%).
1.13% below its 12-month average of 62.76%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 64.37%.
GROSS MARGIN
62.05%
GROSS MARGIN AVG TTM
62.76%
GROSS MARGIN AVG 3Y
62.74%
GROSS MARGIN AVG 5Y
62.14%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.13%
CURRENT VS 3Y AVG
-1.09%
CURRENT VS 5Y AVG
-0.15%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
47.70%
median of 637 covered companies
CURRENT VS SECTOR MEDIAN
+30.08%
vs the sector median at left
Market Cap
$2.04B
Gross Margin
0.00%
TTM Avg
179.25%
3Y Avg
119.29%
5Y Avg
103.41%
Market Cap
$2.05B
Gross Margin
23.96%
TTM Avg
23.94%
3Y Avg
22.91%
5Y Avg
23.42%
Market Cap
$2.07B
Gross Margin
-8.25%
TTM Avg
-12.52%
3Y Avg
-8.09%
5Y Avg
6.92%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Vertex, Inc. (VERX) | $1.97B | 62.05% | 62.76% | 62.74% | 62.14% |
| Amplitude, Inc. (AMPL)vs › | $1.97B | 72.42% | 74.14% | 73.17% | 72.00% |
| Blackbaud, Inc. (BLKB)vs › | $1.95B | 59.62% | 56.73% | 55.09% | 54.30% |
| Bandwidth Inc. (BAND)vs › | $1.94B | 37.23% | 38.27% | 39.36% | 41.32% |
| BitVentures Limited (BVC)vs › | $2.04B | 0.00% | 179.25% | 119.29% | 103.41% |
| GigaCloud Technology Inc. (GCT)vs › | $2.05B | 23.96% | 23.94% | 22.91% | 23.42% |
| Karooooo Ltd. (KARO)vs › | $1.89B | 67.96% | 69.05% | 66.72% | 67.33% |
| Sonos, Inc. (SONO)vs › | $2.05B | 46.51% | 44.55% | 44.46% | 44.69% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.07B | -8.25% | -12.52% | -8.09% | 6.92% |
| nCino, Inc. (NCNO)vs › | $2.08B | 61.51% | 60.31% | 59.72% | 59.18% |
Gross Margin
62.0%
(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 |
|---|---|
| 2026-06-30 | 64.37% |
| 2026-03-31 | 59.43% |
| 2025-12-31 | 61.18% |
| 2025-09-30 | 63.15% |
| 2025-06-30 | 65.67% |
| 2025-03-31 | 63.82% |
| 2024-12-31 | 65.63% |
| 2024-09-30 | 64.85% |
| 2024-06-30 | 63.74% |
| 2024-03-31 | 61.10% |
| 2023-12-31 | 60.42% |
| 2023-09-30 | 60.79% |
| 2023-06-30 | 61.43% |
| 2023-03-31 | 61.02% |
| 2022-12-31 | 62.27% |
| 2022-09-30 | 59.87% |
| 2022-06-30 | 59.65% |
| 2022-03-31 | 60.98% |
| 2021-12-31 | 60.91% |
| 2021-09-30 | 60.32% |
| 2021-06-30 | 64.38% |
| 2021-03-31 | 62.40% |
| 2020-12-31 | 63.62% |
| 2020-09-30 | 49.30% |
| 2020-06-30 | 54.26% |
| 2020-03-31 | 55.78% |
| 2019-12-31 | 64.83% |
| 2019-09-30 | 66.72% |
| 2019-06-30 | 65.41% |
| 2019-03-31 | 65.74% |
