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 85.87% is in line with its 5-year average of 79.65%, around the middle of its 5-year range (65.16%–100.05%).
2.77% above its 12-month average of 83.55%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 89.52%.
GROSS MARGIN
85.87%
GROSS MARGIN AVG TTM
83.55%
GROSS MARGIN AVG 3Y
79.45%
GROSS MARGIN AVG 5Y
79.65%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+2.77%
CURRENT VS 3Y AVG
+8.08%
CURRENT VS 5Y AVG
+7.81%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
2.13%
median of 279 covered companies
CURRENT VS SECTOR MEDIAN
+3931.46%
vs the sector median at left
Enact Holdings Inc.
Market Cap
$6.47B
Gross Margin
85.87%
TTM Avg
83.55%
3Y Avg
79.45%
5Y Avg
79.65%
Market Cap
$5.77B
Gross Margin
67.52%
TTM Avg
70.00%
3Y Avg
70.52%
5Y Avg
73.01%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Enact Holdings Inc. (ACT) | $6.47B | 85.87% | 83.55% | 79.45% | 79.65% |
| MarketAxess Holdings Inc. (MKTX)vs › | $5.77B | 67.52% | 70.00% | 70.52% | 73.01% |
| BGC Group, Inc (BGC)vs › | $5.72B | 89.54% | 66.97% | 56.56% | 49.76% |
| TeraWulf Inc. (WULF)vs › | $7.30B | 50.93% | 53.11% | 48.26% | 37.02% |
| Morningstar, Inc. (MORN)vs › | $7.31B | 62.24% | 60.83% | 59.66% | 59.58% |
Gross Margin
85.9%
(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 | 89.52% |
| 2026-03-31 | 88.09% |
| 2025-12-31 | 94.28% |
| 2025-09-30 | 71.51% |
| 2025-06-30 | 74.36% |
| 2025-03-31 | 72.93% |
| 2024-12-31 | 72.95% |
| 2024-09-30 | 78.09% |
| 2024-06-30 | 86.81% |
| 2024-03-31 | 75.07% |
| 2023-12-31 | 71.81% |
| 2023-09-30 | 75.59% |
| 2023-06-30 | 81.82% |
| 2023-03-31 | 84.57% |
| 2022-12-31 | 70.80% |
| 2022-09-30 | 93.62% |
| 2022-06-30 | 100.05% |
| 2022-03-31 | 82.60% |
| 2021-12-31 | 76.11% |
| 2021-09-30 | 66.84% |
| 2021-06-30 | 65.16% |
| 2021-03-31 | 59.63% |
| 2020-12-31 | 44.63% |
| 2020-09-30 | 63.65% |
| 2020-06-30 | 100.00% |
| 2020-03-31 | 100.00% |
| 2019-12-31 | 100.00% |
| 2019-09-30 | 100.00% |
| 2019-06-30 | 100.00% |
| 2019-03-31 | 100.00% |
