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 80.21% is in line with its 5-year average of 76.16%, near the high end of its 5-year range (74.35%–80.68%).
0.83% above its 12-month average of 79.55%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 80.41%.
GROSS MARGIN
80.21%
GROSS MARGIN AVG TTM
79.55%
GROSS MARGIN AVG 3Y
77.59%
GROSS MARGIN AVG 5Y
76.16%
GROSS MARGIN AVG 10Y
74.78%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.83%
CURRENT VS 3Y AVG
+3.38%
CURRENT VS 5Y AVG
+5.31%
CURRENT VS 10Y AVG
+7.26%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
55.20%
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
+45.31%
vs the sector median at left
Market Cap
$4.05B
Gross Margin
78.05%
TTM Avg
77.95%
3Y Avg
77.57%
5Y Avg
78.83%
Market Cap
$3.51B
Gross Margin
37.81%
TTM Avg
41.17%
3Y Avg
41.46%
5Y Avg
41.69%
Market Cap
$4.34B
Gross Margin
80.93%
TTM Avg
81.17%
3Y Avg
81.46%
5Y Avg
79.55%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Workiva Inc. (WK) | $3.87B | 80.21% | 79.55% | 77.59% | 76.16% |
| Wix.com Ltd. (WIX)vs › | $3.79B | 66.64% | 68.00% | 66.31% | 65.83% |
| Itron, Inc. (ITRI)vs › | $3.78B | 39.87% | 36.04% | 33.50% | 31.77% |
| Dlocal Limited (DLO)vs › | $4.03B | 34.28% | 38.16% | 41.79% | 46.38% |
| Tenable Holdings, Inc. (TENB)vs › | $4.05B | 78.05% | 77.95% | 77.57% | 78.83% |
| Ondas Holdings Inc. (ONDS)vs › | $4.11B | 43.72% | 22.26% | 34.34% | 36.33% |
| Clear Secure, Inc. (YOU)vs › | $4.17B | 66.66% | 63.97% | 63.35% | 63.36% |
| Veeco Instruments Inc. (VECO)vs › | $3.51B | 37.81% | 41.17% | 41.46% | 41.69% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.34B | 80.93% | 81.17% | 81.46% | 79.55% |
| AXT, Inc. (AXTI)vs › | $4.34B | 12.73% | 18.36% | 22.80% | 26.25% |
Gross Margin
80.2%
(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 | 80.41% |
| 2026-03-31 | 80.37% |
| 2025-12-31 | 80.68% |
| 2025-09-30 | 79.31% |
| 2025-06-30 | 76.98% |
| 2025-03-31 | 76.56% |
| 2024-12-31 | 77.14% |
| 2024-09-30 | 76.47% |
| 2024-06-30 | 76.80% |
| 2024-03-31 | 76.36% |
| 2023-12-31 | 77.29% |
| 2023-09-30 | 75.75% |
| 2023-06-30 | 74.52% |
| 2023-03-31 | 74.35% |
| 2022-12-31 | 76.11% |
| 2022-09-30 | 75.60% |
| 2022-06-30 | 75.49% |
| 2022-03-31 | 76.19% |
| 2021-12-31 | 75.86% |
| 2021-09-30 | 76.57% |
| 2021-06-30 | 76.71% |
| 2021-03-31 | 77.28% |
| 2020-12-31 | 74.79% |
| 2020-09-30 | 75.16% |
| 2020-06-30 | 73.47% |
| 2020-03-31 | 73.90% |
| 2019-12-31 | 71.29% |
| 2019-09-30 | 70.68% |
| 2019-06-30 | 71.86% |
| 2019-03-31 | 72.08% |
| 2018-12-31 | 73.01% |
| 2018-09-30 | 74.28% |
| 2018-06-30 | 72.44% |
| 2018-03-31 | 72.44% |
| 2017-12-31 | 70.48% |
| 2017-09-30 | 69.94% |
| 2017-06-30 | 71.08% |
| 2017-03-31 | 72.61% |
| 2016-12-31 | 71.52% |
| 2016-09-30 | 71.52% |
| 2016-06-30 | 70.76% |
| 2016-03-31 | 70.58% |
| 2015-12-31 | 72.39% |
| 2015-09-30 | 73.05% |
| 2015-06-30 | 71.29% |
| 2015-03-31 | 72.52% |
| 2014-12-31 | 66.94% |
| 2014-09-30 | 69.42% |
| 2014-06-30 | 70.16% |
| 2014-03-31 | 73.46% |
| 2013-12-31 | 72.60% |
| 2013-09-30 | 71.71% |
| 2013-06-30 | 70.85% |
| 2013-03-31 | 70.70% |
