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 52.31% is in line with its 5-year average of 52.97%, near the high end of its 5-year range (-351.04%–75.83%).
0.82% above its 12-month average of 51.88%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 75.38%.
GROSS MARGIN
52.31%
GROSS MARGIN AVG TTM
51.88%
GROSS MARGIN AVG 3Y
48.92%
GROSS MARGIN AVG 5Y
52.97%
GROSS MARGIN AVG 10Y
65.81%
GROSS MARGIN AVG 15Y
74.29%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.82%
CURRENT VS 3Y AVG
+6.93%
CURRENT VS 5Y AVG
-1.24%
CURRENT VS 10Y AVG
-20.51%
CURRENT VS 15Y AVG
-29.59%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
0.00%
median of 324 covered companies
CURRENT VS SECTOR MEDIAN
N/A
vs the sector median at left
WhiteHorse Finance, Inc.
Market Cap
$150.34M
Gross Margin
52.31%
TTM Avg
51.88%
3Y Avg
48.92%
5Y Avg
52.97%
Market Cap
$149.99M
Gross Margin
95.43%
TTM Avg
98.15%
3Y Avg
99.07%
5Y Avg
99.38%
Market Cap
$151.88M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$153.01M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$146.69M
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$154.39M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| WhiteHorse Finance, Inc. (WHF) | $150.34M | 52.31% | 51.88% | 48.92% | 52.97% |
| DeFi Development Corp. (DFDV)vs › | $149.99M | 95.43% | 98.15% | 99.07% | 99.38% |
| Tailwind 2.0 Acquisition Corp. Class A Ordinary Shares (TDWD)vs › | $151.88M | 0.00% | 0.00% | 0.00% | 0.00% |
| Mercator Acquisition Corp. (MRCO)vs › | $147.90M | N/A | N/A | N/A | N/A |
| Indigo Acquisition Corp. (INAC)vs › | $153.01M | 0.00% | 0.00% | 0.00% | 0.00% |
| Southern Cross Acquisition I Corp. (NCO)vs › | $146.69M | N/A | N/A | N/A | N/A |
| Collective Acquisition Corp. (CCAQ)vs › | $154.39M | 0.00% | 0.00% | 0.00% | 0.00% |
| OceanLight Acquisition Corp. (OCLT)vs › | $145.40M | N/A | N/A | N/A | N/A |
Gross Margin
52.3%
(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 | 75.38% |
| 2026-03-31 | 64.90% |
| 2025-12-31 | 66.14% |
| 2025-09-30 | 14.14% |
| 2025-06-30 | 38.85% |
| 2025-03-31 | 47.04% |
| 2024-12-31 | 45.89% |
| 2024-09-30 | -351.04% |
| 2024-06-30 | 57.07% |
| 2024-03-31 | 50.50% |
| 2023-12-31 | 38.59% |
| 2023-09-30 | 47.06% |
| 2023-06-30 | 41.47% |
| 2023-03-31 | 54.61% |
| 2022-12-31 | 6.09% |
| 2022-09-30 | 47.50% |
| 2022-06-30 | 63.98% |
| 2022-03-31 | 59.62% |
| 2021-12-31 | 46.43% |
| 2021-09-30 | 71.41% |
| 2021-06-30 | 75.83% |
| 2021-03-31 | 71.09% |
| 2020-12-31 | 72.84% |
| 2020-09-30 | 89.06% |
| 2020-06-30 | 88.12% |
| 2020-03-31 | 122.84% |
| 2019-12-31 | 71.83% |
| 2019-09-30 | 69.36% |
| 2019-06-30 | 73.76% |
| 2019-03-31 | 72.01% |
| 2018-12-31 | 69.37% |
| 2018-09-30 | 85.96% |
| 2018-06-30 | 87.61% |
| 2018-03-31 | 85.17% |
| 2017-12-31 | 78.93% |
| 2017-09-30 | 80.44% |
| 2017-06-30 | 75.63% |
| 2017-03-31 | 80.89% |
| 2016-12-31 | 81.07% |
| 2016-09-30 | 81.84% |
| 2016-06-30 | 82.09% |
| 2016-03-31 | 76.74% |
| 2015-12-31 | 100.00% |
| 2015-09-30 | 100.00% |
| 2015-06-30 | 181.01% |
| 2015-03-31 | 201.74% |
| 2014-12-31 | 100.00% |
| 2014-09-30 | 168.52% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | 107.41% |
| 2013-12-31 | 100.00% |
| 2013-09-30 | 100.00% |
| 2013-06-30 | 100.00% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | 96.57% |
| 2012-09-30 | 100.00% |
| 2012-06-30 | 99.56% |
| 2012-03-31 | 98.97% |
