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 89.54% is 103% above its 5-year average of 44.00%, near the high end of its 5-year range (-0.59%–91.50%).
26.10% above its 12-month average of 71.01%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 90.59%.
GROSS MARGIN
89.54%
GROSS MARGIN AVG TTM
71.01%
GROSS MARGIN AVG 3Y
44.01%
GROSS MARGIN AVG 5Y
44.00%
GROSS MARGIN AVG 10Y
42.44%
GROSS MARGIN AVG 15Y
39.81%
GROSS MARGIN AVG 20Y
33.08%
CURRENT VS TTM AVG
+26.10%
CURRENT VS 3Y AVG
+103.44%
CURRENT VS 5Y AVG
+103.48%
CURRENT VS 10Y AVG
+110.99%
CURRENT VS 15Y AVG
+124.92%
CURRENT VS 20Y AVG
+170.64%
SECTOR MEDIAN · FINANCIAL SERVICES
0.00%
median of 308 covered companies
CURRENT VS SECTOR MEDIAN
N/A
vs the sector median at left
Market Cap
$5.78B
Gross Margin
67.52%
TTM Avg
70.00%
3Y Avg
70.52%
5Y Avg
73.01%
Market Cap
$5.86B
Gross Margin
51.00%
TTM Avg
21.69%
3Y Avg
-39.24%
5Y Avg
-10.98%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| BGC Group, Inc (BGC) | $5.73B | 89.54% | 71.01% | 44.01% | 44.00% |
| MarketAxess Holdings Inc. (MKTX)vs › | $5.78B | 67.52% | 70.00% | 70.52% | 73.01% |
| StepStone Group Inc. (STEP)vs › | $5.86B | 51.00% | 21.69% | -39.24% | -10.98% |
| Marex Group Limited (MRX)vs › | $5.38B | 74.72% | 59.59% | 66.13% | 76.91% |
| Figure Technology Solutions, Inc. Class A Common Stock (FIGR)vs › | $5.11B | 78.66% | 85.47% | 86.57% | 86.57% |
Gross Margin
89.5%
(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 | 90.59% |
| 2026-03-31 | 91.50% |
| 2025-12-31 | 89.73% |
| 2025-09-30 | 40.93% |
| 2025-06-30 | 42.30% |
| 2025-03-31 | 43.69% |
| 2024-12-31 | 43.37% |
| 2024-09-30 | 45.40% |
| 2024-06-30 | 44.26% |
| 2024-03-31 | 44.55% |
| 2023-12-31 | 45.33% |
| 2023-09-30 | 46.06% |
| 2023-06-30 | 44.23% |
| 2023-03-31 | 44.85% |
| 2022-12-31 | 52.99% |
| 2022-09-30 | 46.17% |
| 2022-06-30 | 45.61% |
| 2022-03-31 | 44.38% |
| 2021-12-31 | -0.59% |
| 2021-09-30 | 40.69% |
| 2021-06-30 | 42.23% |
| 2021-03-31 | 41.25% |
| 2020-12-31 | 42.15% |
| 2020-09-30 | 41.38% |
| 2020-06-30 | 41.01% |
| 2020-03-31 | 38.29% |
| 2019-12-31 | 96.66% |
| 2019-09-30 | 41.70% |
| 2019-06-30 | 42.34% |
| 2019-03-31 | 43.53% |
| 2018-12-31 | 41.47% |
| 2018-09-30 | 100.00% |
| 2018-06-30 | 44.31% |
| 2018-03-31 | 43.63% |
| 2017-12-31 | 32.52% |
| 2017-09-30 | 38.34% |
| 2017-06-30 | 41.29% |
| 2017-03-31 | 38.24% |
| 2016-12-31 | 36.67% |
| 2016-09-30 | 38.30% |
| 2016-06-30 | 33.62% |
| 2016-03-31 | 33.56% |
| 2015-12-31 | 26.82% |
| 2015-09-30 | 34.38% |
| 2015-06-30 | 33.36% |
| 2015-03-31 | 34.72% |
| 2014-12-31 | 34.37% |
| 2014-09-30 | 36.24% |
| 2014-06-30 | 34.80% |
| 2014-03-31 | 36.75% |
| 2013-12-31 | 113.04% |
| 2013-09-30 | 34.25% |
| 2013-06-30 | 2.94% |
| 2013-03-31 | 35.88% |
| 2012-12-31 | -141.76% |
| 2012-09-30 | 32.96% |
| 2012-06-30 | 29.89% |
| 2012-03-31 | 35.57% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | -475.76% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 16.86% |
| 2009-09-30 | -13.11% |
| 2009-06-30 | -257.83% |
| 2009-03-31 | -82.70% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 89.20% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 89.29% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 52.78% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 43.90% |
