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 85.63% is in line with its 5-year average of 86.96%, around the middle of its 5-year range (82.90%–91.76%).
As of the fiscal period ended Monday, March 31, 2025. 2.36% below its 12-month average of 87.70%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
85.63%
GROSS MARGIN AVG TTM
87.70%
GROSS MARGIN AVG 3Y
87.55%
GROSS MARGIN AVG 5Y
86.96%
GROSS MARGIN AVG 10Y
86.72%
GROSS MARGIN AVG 15Y
85.46%
GROSS MARGIN AVG 20Y
84.63%
CURRENT VS TTM AVG
-2.36%
CURRENT VS 3Y AVG
-2.20%
CURRENT VS 5Y AVG
-1.53%
CURRENT VS 10Y AVG
-1.26%
CURRENT VS 15Y AVG
+0.20%
CURRENT VS 20Y AVG
+1.18%
SECTOR MEDIAN · TECHNOLOGY
57.46%
median of 177 covered companies
CURRENT VS SECTOR MEDIAN
+49.02%
vs the sector median at left
Market Cap
$33.79B
Gross Margin
37.22%
TTM Avg
38.85%
3Y Avg
43.43%
5Y Avg
41.11%
Market Cap
$34.04B
Gross Margin
78.45%
TTM Avg
77.91%
3Y Avg
77.01%
5Y Avg
76.03%
Market Cap
$30.36B
Gross Margin
39.04%
TTM Avg
41.08%
3Y Avg
42.03%
5Y Avg
41.05%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| ANSYS, Inc. (ANSS) | $32.91B | 85.63% | 87.70% | 87.55% | 86.96% |
| NetApp, Inc. (NTAP)vs › | $32.86B | 70.74% | 70.47% | 69.45% | 68.50% |
| Jabil Inc. (JBL)vs › | $32.76B | 9.23% | 9.07% | 8.57% | 8.23% |
| ON Semiconductor Corporation (ON)vs › | $33.79B | 37.22% | 38.85% | 43.43% | 41.11% |
| Ubiquiti Inc. (UI)vs › | $31.82B | 46.02% | 40.89% | 40.14% | 42.66% |
| Roblox Corporation (RBLX)vs › | $34.04B | 78.45% | 77.91% | 77.01% | 76.03% |
| Celestica Inc. (CLS)vs › | $35.10B | 11.61% | 11.21% | 10.21% | 9.51% |
| Workday, Inc. (WDAY)vs › | $35.45B | 75.77% | 75.60% | 74.82% | 73.96% |
| Teledyne Technologies Incorporated (TDY)vs › | $30.36B | 39.04% | 41.08% | 42.03% | 41.05% |
| Veeva Systems Inc. (VEEV)vs › | $30.25B | 74.95% | 75.03% | 73.28% | 73.00% |
Gross Margin
85.6%
(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 |
|---|---|
| 2025-03-31 | 85.63% |
| 2024-12-31 | 91.76% |
| 2024-09-30 | 88.52% |
| 2024-06-30 | 87.30% |
| 2024-03-31 | 85.28% |
| 2023-12-31 | 91.30% |
| 2023-09-30 | 85.78% |
| 2023-06-30 | 86.24% |
| 2023-03-31 | 86.72% |
| 2022-12-31 | 91.15% |
| 2022-09-30 | 86.89% |
| 2022-06-30 | 86.81% |
| 2022-03-31 | 84.77% |
| 2021-12-31 | 89.48% |
| 2021-09-30 | 85.78% |
| 2021-06-30 | 85.64% |
| 2021-03-31 | 82.90% |
| 2020-12-31 | 89.11% |
| 2020-09-30 | 85.45% |
| 2020-06-30 | 86.03% |
| 2020-03-31 | 83.57% |
| 2019-12-31 | 89.80% |
| 2019-09-30 | 87.97% |
| 2019-06-30 | 89.01% |
| 2019-03-31 | 89.02% |
| 2018-12-31 | 90.35% |
| 2018-09-30 | 87.45% |
| 2018-06-30 | 86.78% |
| 2018-03-31 | 86.20% |
| 2017-12-31 | 86.50% |
| 2017-09-30 | 86.94% |
| 2017-06-30 | 86.23% |
| 2017-03-31 | 85.39% |
| 2016-12-31 | 85.60% |
| 2016-09-30 | 85.53% |
| 2016-06-30 | 84.96% |
| 2016-03-31 | 84.38% |
| 2015-12-31 | 85.30% |
| 2015-09-30 | 84.62% |
| 2015-06-30 | 83.95% |
| 2015-03-31 | 83.52% |
| 2014-12-31 | 84.37% |
| 2014-09-30 | 84.11% |
| 2014-06-30 | 83.36% |
| 2014-03-31 | 82.47% |
| 2013-12-31 | 83.64% |
| 2013-09-30 | 83.46% |
| 2013-06-30 | 82.93% |
| 2013-03-31 | 81.68% |
| 2012-12-31 | 83.38% |
| 2012-09-30 | 82.86% |
| 2012-06-30 | 82.19% |
| 2012-03-31 | 81.47% |
| 2011-12-31 | 83.18% |
| 2011-09-30 | 82.06% |
| 2011-06-30 | 82.70% |
| 2011-03-31 | 83.18% |
| 2010-12-31 | 83.91% |
| 2010-09-30 | 81.92% |
| 2010-06-30 | 82.48% |
| 2010-03-31 | 81.88% |
| 2009-12-31 | 82.93% |
| 2009-09-30 | 81.36% |
| 2009-06-30 | 80.28% |
| 2009-03-31 | 79.69% |
| 2008-12-31 | 81.23% |
| 2008-09-30 | 79.89% |
| 2008-06-30 | 81.55% |
| 2008-03-31 | 80.91% |
| 2007-12-31 | 81.26% |
| 2007-09-30 | 79.38% |
| 2007-06-30 | 79.47% |
| 2007-03-31 | 78.51% |
| 2006-12-31 | 77.61% |
| 2006-09-30 | 75.30% |
| 2006-06-30 | 78.39% |
| 2006-03-31 | 87.05% |
| 2005-12-31 | 88.01% |
| 2005-09-30 | 86.79% |
| 2005-06-30 | 86.84% |
| 2005-03-31 | 86.42% |
| 2004-12-31 | 87.27% |
| 2004-09-30 | 85.51% |
| 2004-06-30 | 86.80% |
| 2004-03-31 | 83.48% |
| 2003-12-31 | 85.50% |
| 2003-09-30 | 84.22% |
| 2003-06-30 | 81.34% |
| 2003-03-31 | 83.44% |
| 2002-12-31 | 87.81% |
| 2002-09-30 | 86.11% |
| 2002-06-30 | 87.64% |
| 2002-03-31 | 86.59% |
| 2001-12-31 | 87.90% |
| 2001-09-30 | 86.85% |
| 2001-06-30 | 85.93% |
