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 22.38% is 42% above its 5-year average of 15.80%, near the high end of its 5-year range (-103.41%–59.50%).
0.58% below its 12-month average of 22.51%.
Reported quarterly gross margin; no daily interpolation. Q4 FY2026 (2026-05-31): 15.66%.
GROSS MARGIN
22.38%
GROSS MARGIN AVG TTM
22.51%
GROSS MARGIN AVG 3Y
21.83%
GROSS MARGIN AVG 5Y
15.80%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.58%
CURRENT VS 3Y AVG
+2.51%
CURRENT VS 5Y AVG
+41.62%
CURRENT VS 10Y AVG
N/A
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
-60.57%
vs the sector median at left
Applied Digital Corp.
Market Cap
$7.70B
Gross Margin
22.38%
TTM Avg
22.51%
3Y Avg
21.83%
5Y Avg
15.80%
Market Cap
$7.70B
Gross Margin
69.19%
TTM Avg
68.98%
3Y Avg
68.80%
5Y Avg
67.84%
Market Cap
$7.73B
Gross Margin
61.31%
TTM Avg
57.67%
3Y Avg
56.35%
5Y Avg
54.32%
Market Cap
$8.66B
Gross Margin
28.92%
TTM Avg
27.41%
3Y Avg
24.24%
5Y Avg
22.72%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Applied Digital Corp. (APLD) | $7.70B | 22.38% | 22.51% | 21.83% | 15.80% |
| Paylocity Holding Corporation (PCTY)vs › | $7.70B | 69.19% | 68.98% | 68.80% | 67.84% |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.73B | 61.31% | 57.67% | 56.35% | 54.32% |
| AppFolio Inc. (APPF)vs › | $7.46B | 63.04% | 61.66% | 61.08% | 60.98% |
| GitLab Inc. (GTLB)vs › | $7.99B | 85.75% | 88.08% | 88.42% | 88.28% |
| UiPath Inc. (PATH)vs › | $7.36B | 82.50% | 82.86% | 83.43% | 83.99% |
| Duolingo, Inc. (DUOL)vs › | $6.75B | 72.34% | 71.86% | 72.00% | 71.89% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.66B | 28.92% | 27.41% | 24.24% | 22.72% |
| Camtek Ltd. (CAMT)vs › | $6.70B | 50.05% | 49.69% | 49.00% | 48.99% |
| Plexus Corp. (PLXS)vs › | $6.64B | 10.04% | 9.82% | 9.53% | 9.49% |
Gross Margin
22.4%
(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 |
|---|---|
| 2026-05-31 | 15.66% |
| 2026-02-28 | 42.49% |
| 2025-11-30 | 20.57% |
| 2025-08-31 | 13.41% |
| 2025-05-31 | 20.43% |
| 2025-02-28 | 7.14% |
| 2024-11-30 | 18.02% |
| 2024-08-31 | -0.59% |
| 2024-05-31 | 59.50% |
| 2024-02-29 | -8.57% |
| 2023-11-30 | 30.76% |
| 2023-08-31 | 32.83% |
| 2023-05-31 | 32.17% |
| 2023-02-28 | 25.24% |
| 2022-11-30 | -1.42% |
| 2022-08-31 | 7.70% |
| 2022-05-31 | 0.73% |
| 2022-02-28 | -103.41% |
| 2021-11-30 | 0.00% |
| 2021-08-31 | 0.00% |
| 2021-05-31 | 0.00% |
| 2021-02-28 | 0.00% |
| 2020-11-30 | 0.00% |
| 2020-08-31 | 0.00% |