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 66.68% is in line with its 5-year average of 67.76%, near the low end of its 5-year range (64.96%–72.49%).
0.26% below its 12-month average of 66.85%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 66.41%.
GROSS MARGIN
66.68%
GROSS MARGIN AVG TTM
66.85%
GROSS MARGIN AVG 3Y
67.28%
GROSS MARGIN AVG 5Y
67.76%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.26%
CURRENT VS 3Y AVG
-0.89%
CURRENT VS 5Y AVG
-1.59%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
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
Market Cap
$15.80B
Gross Margin
89.40%
TTM Avg
84.56%
3Y Avg
85.17%
5Y Avg
83.79%
Market Cap
$14.92B
Gross Margin
5.09%
TTM Avg
14.04%
3Y Avg
8.10%
5Y Avg
5.40%
Market Cap
$16.86B
Gross Margin
80.34%
TTM Avg
80.22%
3Y Avg
81.03%
5Y Avg
81.34%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| XP Inc. (XP) | $15.55B | 66.68% | 66.85% | 67.28% | 67.76% |
| Futu Holdings Limited (FUTU)vs › | $15.80B | 89.40% | 84.56% | 85.17% | 83.79% |
| TPG Inc. (TPGXL)vs › | $15.23B | 95.86% | 96.78% | 97.51% | 98.14% |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $14.92B | 5.09% | 14.04% | 8.10% | 5.40% |
| Franklin Resources, Inc. (BEN)vs › | $16.86B | 80.34% | 80.22% | 81.03% | 81.34% |
| The Carlyle Group Inc. (CG)vs › | $14.00B | 70.67% | 74.58% | 77.83% | 82.37% |
Gross Margin
66.7%
(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 |
|---|---|
| 2026-06-30 | 66.41% |
| 2026-03-31 | 65.79% |
| 2025-12-31 | 67.41% |
| 2025-09-30 | 67.12% |
| 2025-06-30 | 67.52% |
| 2025-03-31 | 67.37% |
| 2024-12-31 | 68.91% |
| 2024-09-30 | 66.79% |
| 2024-06-30 | 68.54% |
| 2024-03-31 | 66.93% |
| 2023-12-31 | 67.61% |
| 2023-09-30 | 69.69% |
| 2023-06-30 | 67.07% |
| 2023-03-31 | 64.96% |
| 2022-12-31 | 66.27% |
| 2022-09-30 | 70.99% |
| 2022-06-30 | 68.95% |
| 2022-03-31 | 68.60% |
| 2021-12-31 | 72.49% |
| 2021-09-30 | 68.96% |
| 2021-06-30 | 69.31% |
| 2021-03-31 | 63.24% |
| 2020-12-31 | 63.52% |
| 2020-09-30 | 66.10% |
| 2020-06-30 | 66.75% |
| 2020-03-31 | 63.57% |
| 2019-12-31 | 68.45% |
| 2019-09-30 | 67.35% |
| 2019-06-30 | 68.80% |
| 2019-03-31 | 69.77% |
| 2018-12-31 | 65.08% |
