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 76.80% is in line with its 5-year average of 77.22%, near the low end of its 5-year range (76.14%–78.47%).
As of the fiscal period ended Friday, July 31, 2026. 0.17% above its 12-month average of 76.67%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
76.80%
GROSS MARGIN AVG TTM
76.67%
GROSS MARGIN AVG 3Y
77.20%
GROSS MARGIN AVG 5Y
77.22%
GROSS MARGIN AVG 10Y
77.79%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.17%
CURRENT VS 3Y AVG
-0.52%
CURRENT VS 5Y AVG
-0.54%
CURRENT VS 10Y AVG
-1.27%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.77%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+35.29%
vs the sector median at left
Market Cap
$26.04B
Gross Margin
10.82%
TTM Avg
10.94%
3Y Avg
13.41%
5Y Avg
14.07%
Market Cap
$25.81B
Gross Margin
43.26%
TTM Avg
43.97%
3Y Avg
44.19%
5Y Avg
44.19%
Market Cap
$26.99B
Gross Margin
32.00%
TTM Avg
34.03%
3Y Avg
34.64%
5Y Avg
35.30%
Market Cap
$24.80B
Gross Margin
26.87%
TTM Avg
23.44%
3Y Avg
24.88%
5Y Avg
23.30%
Market Cap
$24.74B
Gross Margin
27.43%
TTM Avg
24.82%
3Y Avg
26.42%
5Y Avg
17.73%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Zscaler, Inc. (ZS) | $26.19B | 76.80% | 76.67% | 77.20% | 77.22% |
| Super Micro Computer, Inc. (SMCI)vs › | $26.04B | 10.82% | 10.94% | 13.41% | 14.07% |
| Qnity Electronics, Inc. (Q)vs › | $25.81B | 43.26% | 43.97% | 44.19% | 44.19% |
| Corpay, Inc. (CPAY)vs › | $26.61B | 73.34% | 74.02% | 75.98% | 76.53% |
| VeriSign, Inc. (VRSN)vs › | $25.51B | 88.47% | 87.93% | 87.14% | 86.64% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.99B | 32.00% | 34.03% | 34.64% | 35.30% |
| Fiserv, Inc. (FISV)vs › | $27.12B | 59.36% | 60.09% | 58.74% | 55.38% |
| Tower Semiconductor Ltd. (TSEM)vs › | $24.80B | 26.87% | 23.44% | 24.88% | 23.30% |
| GLOBALFOUNDRIES Inc. (GFS)vs › | $24.74B | 27.43% | 24.82% | 26.42% | 17.73% |
| ON Semiconductor Corporation (ON)vs › | $27.67B | 37.45% | 38.85% | 43.43% | 41.11% |
Gross Margin
76.8%
(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 |
|---|---|
| 2026-07-31 | 76.73% |
| 2026-04-30 | 77.35% |
| 2026-01-31 | 76.55% |
| 2025-10-31 | 76.56% |
| 2025-07-31 | 76.14% |
| 2025-04-30 | 77.01% |
| 2025-01-31 | 77.09% |
| 2024-10-31 | 77.34% |
| 2024-07-31 | 77.94% |
| 2024-04-30 | 78.47% |
| 2024-01-31 | 77.55% |
| 2023-10-31 | 77.47% |
| 2023-07-31 | 77.42% |
| 2023-04-30 | 77.11% |
| 2023-01-31 | 77.48% |
| 2022-10-31 | 78.46% |
| 2022-07-31 | 78.41% |
| 2022-04-30 | 77.59% |
| 2022-01-31 | 77.30% |
| 2021-10-31 | 77.29% |
| 2021-07-31 | 76.87% |
| 2021-04-30 | 77.86% |
| 2021-01-31 | 78.22% |
| 2020-10-31 | 77.70% |
| 2020-07-31 | 75.05% |
| 2020-04-30 | 77.50% |
| 2020-01-31 | 79.58% |
| 2019-10-31 | 78.49% |
| 2019-07-31 | 79.52% |
| 2019-04-30 | 81.09% |
| 2019-01-31 | 79.45% |
| 2018-10-31 | 80.74% |
| 2018-07-31 | 79.53% |
| 2018-04-30 | 80.83% |
| 2018-01-31 | 80.70% |
| 2017-10-31 | 79.25% |
| 2017-07-31 | 78.02% |
| 2017-04-30 | 78.77% |
| 2017-01-31 | 77.86% |
| 2016-10-31 | 77.87% |
| 2016-07-31 | 76.52% |
| 2016-04-30 | 74.41% |