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 72.42% is in line with its 5-year average of 72.34%, around the middle of its 5-year range (68.50%–75.52%).
0.17% below its 12-month average of 72.54%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 68.50%.
GROSS MARGIN
72.42%
GROSS MARGIN AVG TTM
72.54%
GROSS MARGIN AVG 3Y
74.22%
GROSS MARGIN AVG 5Y
72.34%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.17%
CURRENT VS 3Y AVG
-2.43%
CURRENT VS 5Y AVG
+0.12%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
47.70%
median of 637 covered companies
CURRENT VS SECTOR MEDIAN
+51.82%
vs the sector median at left
Market Cap
$1.90B
Gross Margin
0.00%
TTM Avg
179.25%
3Y Avg
119.29%
5Y Avg
103.41%
Market Cap
$2.04B
Gross Margin
23.96%
TTM Avg
23.94%
3Y Avg
22.91%
5Y Avg
23.42%
Market Cap
$2.08B
Gross Margin
-8.25%
TTM Avg
-12.52%
3Y Avg
-8.09%
5Y Avg
6.92%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Amplitude, Inc. (AMPL) | $1.95B | 72.42% | 72.54% | 74.22% | 72.34% |
| Vertex, Inc. (VERX)vs › | $1.98B | 62.05% | 62.32% | 61.56% | 60.68% |
| Blackbaud, Inc. (BLKB)vs › | $1.95B | 59.62% | 56.73% | 55.09% | 54.30% |
| Bandwidth Inc. (BAND)vs › | $1.94B | 37.23% | 38.27% | 39.36% | 41.32% |
| BitVentures Limited (BVC)vs › | $1.90B | 0.00% | 179.25% | 119.29% | 103.41% |
| GigaCloud Technology Inc. (GCT)vs › | $2.04B | 23.96% | 23.94% | 22.91% | 23.42% |
| Karooooo Ltd. (KARO)vs › | $1.90B | 67.96% | 69.05% | 66.72% | 67.33% |
| Sonos, Inc. (SONO)vs › | $2.05B | 46.51% | 44.55% | 44.46% | 44.69% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.08B | -8.25% | -12.52% | -8.09% | 6.92% |
| nCino, Inc. (NCNO)vs › | $2.08B | 61.51% | 60.31% | 59.72% | 59.18% |
Gross Margin
72.4%
(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 | 68.50% |
| 2026-03-31 | 73.04% |
| 2025-12-31 | 74.63% |
| 2025-09-30 | 73.95% |
| 2025-06-30 | 72.60% |
| 2025-03-31 | 74.73% |
| 2024-12-31 | 74.65% |
| 2024-09-30 | 75.08% |
| 2024-06-30 | 73.42% |
| 2024-03-31 | 73.99% |
| 2023-12-31 | 74.42% |
| 2023-09-30 | 75.52% |
| 2023-06-30 | 74.65% |
| 2023-03-31 | 71.14% |
| 2022-12-31 | 70.51% |
| 2022-09-30 | 70.66% |
| 2022-06-30 | 70.65% |
| 2022-03-31 | 69.73% |
| 2021-12-31 | 68.86% |
| 2021-09-30 | 69.25% |
| 2021-06-30 | 69.09% |
| 2021-03-31 | 69.03% |
| 2020-12-31 | 69.40% |
| 2020-09-30 | 70.55% |
| 2020-06-30 | 69.58% |
| 2020-03-31 | 70.63% |