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 87.56% is in line with its 5-year average of 89.57%, around the middle of its 5-year range (85.99%–90.45%).
0.52% below its 12-month average of 88.01%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2027 (2026-07-31): 85.99%.
GROSS MARGIN
87.56%
GROSS MARGIN AVG TTM
88.01%
GROSS MARGIN AVG 3Y
89.28%
GROSS MARGIN AVG 5Y
89.57%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.52%
CURRENT VS 3Y AVG
-1.93%
CURRENT VS 5Y AVG
-2.24%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.22%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+55.73%
vs the sector median at left
Market Cap
$2.02B
Gross Margin
10.14%
TTM Avg
10.71%
3Y Avg
12.68%
5Y Avg
13.38%
Market Cap
$2.01B
Gross Margin
9.82%
TTM Avg
19.93%
3Y Avg
35.06%
5Y Avg
23.38%
Market Cap
$2.29B
Gross Margin
-8.25%
TTM Avg
-12.52%
3Y Avg
-8.09%
5Y Avg
6.92%
Market Cap
$1.92B
Gross Margin
6.43%
TTM Avg
3.21%
3Y Avg
3.21%
5Y Avg
3.21%
Market Cap
$2.69B
Gross Margin
9.83%
TTM Avg
14.41%
3Y Avg
18.72%
5Y Avg
20.61%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Asana, Inc. (ASAN) | $2.14B | 87.56% | 88.01% | 89.28% | 89.57% |
| nCino, Inc. (NCNO)vs › | $2.13B | 61.51% | 60.31% | 59.72% | 59.18% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.02B | 10.14% | 10.71% | 12.68% | 13.38% |
| Quantum Computing, Inc. (QUBT)vs › | $2.01B | 9.82% | 19.93% | 35.06% | 23.38% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.29B | -8.25% | -12.52% | -8.09% | 6.92% |
| SharonAI Holdings, Inc. Class A Common Stock (SHAZ)vs › | $1.92B | 6.43% | 3.21% | 3.21% | 3.21% |
| C3.ai, Inc. (AI)vs › | $1.62B | 29.09% | 45.77% | 54.17% | 61.19% |
| Bitdeer Technologies Group (BTDR)vs › | $2.69B | 9.83% | 14.41% | 18.72% | 20.61% |
| PagerDuty, Inc. (PD)vs › | $1.31B | 84.84% | 83.95% | 82.71% | 83.21% |
| Veeco Instruments Inc. (VECO)vs › | $3.03B | 37.81% | 41.17% | 41.46% | 41.69% |
Gross Margin
87.6%
(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 |
|---|---|
| 2026-07-31 | 85.99% |
| 2026-04-30 | 87.61% |
| 2026-01-31 | 87.84% |
| 2025-10-31 | 88.90% |
| 2025-07-31 | 89.73% |
| 2025-04-30 | 89.73% |
| 2025-01-31 | 89.59% |
| 2024-10-31 | 89.23% |
| 2024-07-31 | 88.85% |
| 2024-04-30 | 89.68% |
| 2024-01-31 | 89.84% |
| 2023-10-31 | 90.36% |
| 2023-07-31 | 90.01% |
| 2023-04-30 | 90.26% |
| 2023-01-31 | 89.88% |
| 2022-10-31 | 89.28% |
| 2022-07-31 | 89.80% |
| 2022-04-30 | 89.69% |
| 2022-01-31 | 89.70% |
| 2021-10-31 | 90.45% |
| 2021-07-31 | 88.97% |
| 2021-04-30 | 89.68% |
| 2021-01-31 | 88.02% |
| 2020-10-31 | 87.57% |
| 2020-07-31 | 86.50% |
| 2020-04-30 | 86.99% |
| 2020-01-31 | 86.65% |
| 2019-10-31 | 86.01% |
| 2019-07-31 | 85.97% |
| 2019-04-30 | 85.31% |