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 50.05% is in line with its 5-year average of 49.63%, near the high end of its 5-year range (44.86%–51.88%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.29% below its 12-month average of 50.20%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 50.06%.
GROSS MARGIN
50.05%
GROSS MARGIN AVG TTM
50.20%
GROSS MARGIN AVG 3Y
49.44%
GROSS MARGIN AVG 5Y
49.63%
GROSS MARGIN AVG 10Y
48.81%
GROSS MARGIN AVG 15Y
47.45%
GROSS MARGIN AVG 20Y
46.64%
CURRENT VS TTM AVG
-0.29%
CURRENT VS 3Y AVG
+1.24%
CURRENT VS 5Y AVG
+0.85%
CURRENT VS 10Y AVG
+2.55%
CURRENT VS 15Y AVG
+5.49%
CURRENT VS 20Y AVG
+7.30%
SECTOR MEDIAN · TECHNOLOGY
56.22%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-10.98%
vs the sector median at left
Market Cap
$6.89B
Gross Margin
28.40%
TTM Avg
23.49%
3Y Avg
45.67%
5Y Avg
30.45%
Market Cap
$7.55B
Gross Margin
61.31%
TTM Avg
57.67%
3Y Avg
56.35%
5Y Avg
54.32%
Market Cap
$7.59B
Gross Margin
69.19%
TTM Avg
68.98%
3Y Avg
68.80%
5Y Avg
67.84%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Camtek Ltd. (CAMT) | $6.90B | 50.05% | 50.20% | 49.44% | 49.63% |
| Cipher Mining Inc. (CIFR)vs › | $6.89B | 28.40% | 23.49% | 45.67% | 30.45% |
| Plexus Corp. (PLXS)vs › | $6.83B | 10.04% | 9.82% | 9.53% | 9.49% |
| Duolingo, Inc. (DUOL)vs › | $6.69B | 72.34% | 71.86% | 72.00% | 71.89% |
| SentinelOne, Inc. (S)vs › | $6.65B | 73.29% | 73.74% | 71.14% | 67.07% |
| UiPath Inc. (PATH)vs › | $7.31B | 82.50% | 82.86% | 83.43% | 83.99% |
| AppFolio Inc. (APPF)vs › | $7.45B | 63.04% | 61.66% | 61.08% | 60.98% |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.55B | 61.31% | 57.67% | 56.35% | 54.32% |
| Paylocity Holding Corporation (PCTY)vs › | $7.59B | 69.19% | 68.98% | 68.80% | 67.84% |
| Applied Digital Corp. (APLD)vs › | $7.61B | 22.38% | 18.16% | 19.53% | -12.99% |
Gross Margin
50.0%
(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 | 50.06% |
| 2026-03-31 | 50.08% |
| 2025-12-31 | 50.03% |
| 2025-09-30 | 50.04% |
| 2025-06-30 | 50.77% |
| 2025-03-31 | 51.05% |
| 2024-12-31 | 49.56% |
| 2024-09-30 | 49.72% |
| 2024-06-30 | 49.95% |
| 2024-03-31 | 46.10% |
| 2023-12-31 | 44.86% |
| 2023-09-30 | 48.48% |
| 2023-06-30 | 47.42% |
| 2023-03-31 | 46.74% |
| 2022-12-31 | 48.61% |
| 2022-09-30 | 48.61% |
| 2022-06-30 | 50.51% |
| 2022-03-31 | 51.65% |
| 2021-12-31 | 50.67% |
| 2021-09-30 | 50.64% |
| 2021-06-30 | 51.88% |
| 2021-03-31 | 50.52% |
| 2020-12-31 | 47.94% |
| 2020-09-30 | 48.49% |
| 2020-06-30 | 45.79% |
| 2020-03-31 | 44.92% |
| 2019-12-31 | 47.71% |
| 2019-09-30 | 46.87% |
| 2019-06-30 | 48.24% |
| 2019-03-31 | 50.46% |
| 2018-12-31 | 50.39% |
| 2018-09-30 | 50.16% |
| 2018-06-30 | 48.91% |
| 2018-03-31 | 47.65% |
| 2017-12-31 | 47.69% |
| 2017-09-30 | 49.34% |
| 2017-06-30 | 49.18% |
| 2017-03-31 | 48.18% |
| 2016-12-31 | 45.73% |
| 2016-09-30 | 43.58% |
| 2016-06-30 | 46.71% |
| 2016-03-31 | 42.23% |
| 2015-12-31 | 41.30% |
| 2015-09-30 | 44.83% |
| 2015-06-30 | 42.72% |
| 2015-03-31 | 45.14% |
| 2014-12-31 | 45.88% |
| 2014-09-30 | 44.42% |
| 2014-06-30 | 49.51% |
| 2014-03-31 | 45.82% |
| 2013-12-31 | 28.68% |
| 2013-09-30 | 44.57% |
| 2013-06-30 | 44.10% |
| 2013-03-31 | 45.39% |
| 2012-12-31 | 33.78% |
| 2012-09-30 | 48.10% |
| 2012-06-30 | 48.22% |
| 2012-03-31 | 41.99% |
| 2011-12-31 | 38.37% |
| 2011-09-30 | 45.52% |
| 2011-06-30 | 45.26% |
| 2011-03-31 | 46.62% |
| 2010-12-31 | 45.95% |
| 2010-09-30 | 45.56% |
| 2010-06-30 | 42.40% |
| 2010-03-31 | 39.80% |
| 2009-12-31 | 21.68% |
| 2009-09-30 | 42.04% |
| 2009-06-30 | 33.50% |
| 2009-03-31 | 37.26% |
| 2008-12-31 | 24.30% |
| 2008-09-30 | 34.20% |
| 2008-06-30 | 38.93% |
| 2008-03-31 | 44.51% |
| 2007-12-31 | 43.69% |
| 2007-09-30 | 37.63% |
| 2007-06-30 | 40.80% |
| 2007-03-31 | 41.51% |
| 2006-12-31 | 44.46% |
| 2006-09-30 | 53.22% |
| 2006-06-30 | 54.58% |
| 2006-03-31 | 52.50% |
| 2005-12-31 | 49.53% |
| 2005-09-30 | 48.19% |
| 2005-06-30 | 49.70% |
| 2005-03-31 | 41.21% |
| 2004-12-31 | 53.66% |
| 2004-09-30 | 54.79% |
| 2004-06-30 | 52.02% |
| 2004-03-31 | 53.25% |
| 2003-12-31 | 50.08% |
| 2003-09-30 | 47.40% |
| 2003-06-30 | 43.05% |
| 2003-03-31 | 39.75% |
| 2002-12-31 | -4.66% |
| 2002-09-30 | 45.15% |
