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 91.06% is 23% above its 5-year average of 74.23%, near the high end of its 5-year range (35.36%–92.23%).
0.85% above its 12-month average of 90.30%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 92.08%.
GROSS MARGIN
91.06%
GROSS MARGIN AVG TTM
90.30%
GROSS MARGIN AVG 3Y
83.69%
GROSS MARGIN AVG 5Y
74.23%
GROSS MARGIN AVG 10Y
87.25%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.85%
CURRENT VS 3Y AVG
+8.80%
CURRENT VS 5Y AVG
+22.68%
CURRENT VS 10Y AVG
+4.36%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · COMMUNICATION SERVICES
53.51%
median of 90 covered companies
CURRENT VS SECTOR MEDIAN
+70.17%
vs the sector median at left
Market Cap
$2.90B
Gross Margin
61.72%
TTM Avg
64.30%
3Y Avg
48.84%
5Y Avg
48.84%
Market Cap
$2.62B
Gross Margin
67.62%
TTM Avg
66.98%
3Y Avg
66.13%
5Y Avg
65.79%
Market Cap
$2.54B
Gross Margin
77.47%
TTM Avg
85.15%
3Y Avg
85.15%
5Y Avg
85.15%
Market Cap
$3.28B
Gross Margin
65.09%
TTM Avg
67.48%
3Y Avg
67.48%
5Y Avg
67.48%
Market Cap
$2.40B
Gross Margin
54.51%
TTM Avg
68.70%
3Y Avg
82.42%
5Y Avg
65.94%
Market Cap
$3.32B
Gross Margin
17.14%
TTM Avg
21.16%
3Y Avg
22.87%
5Y Avg
37.46%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| CarGurus, Inc. (CARG) | $2.84B | 91.06% | 90.30% | 83.69% | 74.23% |
| Kyivstar Group Ltd. Common Shares (KYIV)vs › | $2.90B | 61.72% | 64.30% | 48.84% | 48.84% |
| Liberty Global plc (LBTYA)vs › | $2.95B | N/A | 66.18% | 68.64% | 69.43% |
| Liberty Global plc (LBTYK)vs › | $3.00B | N/A | 66.18% | 68.64% | 69.43% |
| Liberty Latin America Ltd. (LILAK)vs › | $2.62B | 67.62% | 66.98% | 66.13% | 65.79% |
| Liftoff Mobile, Inc. Common Stock (LFTO)vs › | $2.54B | 77.47% | 85.15% | 85.15% | 85.15% |
| Liberty Latin America Ltd. 9% Cum Perp Red Pfd Shs Series A When-issued (LILAP)vs › | $3.28B | 65.09% | 67.48% | 67.48% | 67.48% |
| Trump Media & Technology Group Corp. (DJT)vs › | $2.40B | 54.51% | 68.70% | 82.42% | 65.94% |
| Atlanta Braves Holdings, Inc. (BATRK)vs › | $3.32B | 17.14% | 21.16% | 22.87% | 37.46% |
| Atlanta Braves Holdings, Inc. (BATRA)vs › | $3.68B | 19.86% | 21.16% | 22.87% | 37.46% |
Gross Margin
91.1%
(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 | 92.08% |
| 2026-03-31 | 92.23% |
| 2025-12-31 | 90.39% |
| 2025-09-30 | 89.46% |
| 2025-06-30 | 87.33% |
| 2025-03-31 | 88.70% |
| 2024-12-31 | 87.07% |
| 2024-09-30 | 78.90% |
| 2024-06-30 | 83.43% |
| 2024-03-31 | 79.78% |
| 2023-12-31 | 75.31% |
| 2023-09-30 | 74.88% |
| 2023-06-30 | 68.47% |
| 2023-03-31 | 66.81% |
| 2022-12-31 | 47.79% |
| 2022-09-30 | 35.36% |
| 2022-06-30 | 36.74% |
| 2022-03-31 | 42.24% |
| 2021-12-31 | 52.97% |
| 2021-09-30 | 73.07% |
| 2021-06-30 | 76.89% |
| 2021-03-31 | 85.96% |
| 2020-12-31 | 92.44% |
| 2020-09-30 | 93.38% |
| 2020-06-30 | 89.57% |
| 2020-03-31 | 92.64% |
| 2019-12-31 | 93.32% |
| 2019-09-30 | 93.76% |
| 2019-06-30 | 94.05% |
| 2019-03-31 | 94.29% |
| 2018-12-31 | 94.55% |
| 2018-09-30 | 94.61% |
| 2018-06-30 | 94.60% |
| 2018-03-31 | 94.36% |
| 2017-12-31 | 94.21% |
| 2017-09-30 | 94.31% |
| 2017-06-30 | 94.33% |
| 2017-03-31 | 95.04% |
| 2016-12-31 | 95.22% |
| 2016-09-30 | 94.63% |
| 2016-06-30 | 95.31% |
| 2016-03-31 | 95.65% |