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 18.89% is in line with its 5-year average of 17.81%, near the high end of its 5-year range (15.88%–19.55%).
0.69% above its 12-month average of 18.76%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 18.44%.
GROSS MARGIN
18.89%
GROSS MARGIN AVG TTM
18.76%
GROSS MARGIN AVG 3Y
18.50%
GROSS MARGIN AVG 5Y
17.81%
GROSS MARGIN AVG 10Y
16.41%
GROSS MARGIN AVG 15Y
15.33%
GROSS MARGIN AVG 20Y
14.53%
CURRENT VS TTM AVG
+0.69%
CURRENT VS 3Y AVG
+2.11%
CURRENT VS 5Y AVG
+6.09%
CURRENT VS 10Y AVG
+15.13%
CURRENT VS 15Y AVG
+23.19%
CURRENT VS 20Y AVG
+30.00%
SECTOR MEDIAN · TECHNOLOGY
47.77%
median of 473 covered companies
CURRENT VS SECTOR MEDIAN
-60.46%
vs the sector median at left
PC Connection, Inc.
Market Cap
$2.33B
Gross Margin
18.89%
TTM Avg
18.76%
3Y Avg
18.50%
5Y Avg
17.81%
Market Cap
$2.23B
Gross Margin
10.14%
TTM Avg
10.71%
3Y Avg
12.68%
5Y Avg
13.38%
Market Cap
$2.44B
Gross Margin
33.76%
TTM Avg
40.72%
3Y Avg
40.27%
5Y Avg
39.02%
Market Cap
$2.55B
Gross Margin
37.37%
TTM Avg
45.61%
3Y Avg
58.93%
5Y Avg
59.94%
Market Cap
$2.58B
Gross Margin
31.08%
TTM Avg
30.52%
3Y Avg
32.36%
5Y Avg
33.79%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| PC Connection, Inc. (CNXN) | $2.33B | 18.89% | 18.76% | 18.50% | 17.81% |
| nLIGHT, Inc. (LASR)vs › | $2.24B | 31.52% | 23.23% | 22.36% | 24.12% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.23B | 10.14% | 10.71% | 12.68% | 13.38% |
| Euronet Worldwide, Inc. (EEFT)vs › | $2.44B | 33.76% | 40.72% | 40.27% | 39.02% |
| Innodata Inc. (INOD)vs › | $2.23B | 42.63% | 39.47% | 37.68% | 37.07% |
| Asana, Inc. (ASAN)vs › | $2.21B | 87.56% | 89.19% | 89.53% | 89.20% |
| SoundHound AI, Inc. (SOUN)vs › | $2.55B | 37.37% | 45.61% | 58.93% | 59.94% |
| nCino, Inc. (NCNO)vs › | $2.11B | 61.51% | 60.31% | 59.72% | 59.18% |
| Himax Technologies, Inc. (HIMX)vs › | $2.58B | 31.08% | 30.52% | 32.36% | 33.79% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.09B | -8.25% | -12.52% | -8.09% | 6.92% |
Gross Margin
18.9%
(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 | 18.44% |
| 2026-03-31 | 18.39% |
| 2025-12-31 | 19.29% |
| 2025-09-30 | 19.55% |
| 2025-06-30 | 18.13% |
| 2025-03-31 | 18.16% |
| 2024-12-31 | 18.31% |
| 2024-09-30 | 18.68% |
| 2024-06-30 | 18.54% |
| 2024-03-31 | 18.68% |
| 2023-12-31 | 18.63% |
| 2023-09-30 | 19.03% |
| 2023-06-30 | 17.42% |
| 2023-03-31 | 16.81% |
| 2022-12-31 | 16.98% |
| 2022-09-30 | 17.61% |
| 2022-06-30 | 16.52% |
| 2022-03-31 | 16.28% |
| 2021-12-31 | 15.88% |
| 2021-09-30 | 16.06% |
| 2021-06-30 | 16.52% |
| 2021-03-31 | 15.78% |
| 2020-12-31 | 16.11% |
| 2020-09-30 | 16.52% |
| 2020-06-30 | 16.18% |
| 2020-03-31 | 15.89% |
| 2019-12-31 | 16.20% |
| 2019-09-30 | 16.30% |
| 2019-06-30 | 15.79% |
| 2019-03-31 | 15.70% |
| 2018-12-31 | 15.05% |
| 2018-09-30 | 15.25% |
| 2018-06-30 | 15.21% |
| 2018-03-31 | 15.42% |
| 2017-12-31 | 13.06% |
| 2017-09-30 | 13.18% |
| 2017-06-30 | 13.29% |
| 2017-03-31 | 12.93% |
| 2016-12-31 | 13.34% |
| 2016-09-30 | 13.69% |
| 2016-06-30 | 13.88% |
| 2016-03-31 | 14.36% |
| 2015-12-31 | 13.42% |
| 2015-09-30 | 13.01% |
| 2015-06-30 | 13.22% |
| 2015-03-31 | 13.35% |
| 2014-12-31 | 13.18% |
| 2014-09-30 | 13.08% |
| 2014-06-30 | 13.23% |
| 2014-03-31 | 13.01% |
| 2013-12-31 | 13.08% |
| 2013-09-30 | 13.19% |
| 2013-06-30 | 13.26% |
| 2013-03-31 | 13.22% |
| 2012-12-31 | 12.89% |
| 2012-09-30 | 12.86% |
| 2012-06-30 | 13.19% |
| 2012-03-31 | 13.36% |
| 2011-12-31 | 12.43% |
| 2011-09-30 | 12.24% |
| 2011-06-30 | 13.05% |
| 2011-03-31 | 12.73% |
| 2010-12-31 | 11.39% |
| 2010-09-30 | 11.63% |
| 2010-06-30 | 11.72% |
| 2010-03-31 | 11.92% |
| 2009-12-31 | 11.34% |
| 2009-09-30 | 11.50% |
| 2009-06-30 | 11.75% |
| 2009-03-31 | 12.76% |
| 2008-12-31 | 11.83% |
| 2008-09-30 | 12.08% |
| 2008-06-30 | 12.65% |
| 2008-03-31 | 12.45% |
| 2007-12-31 | 11.74% |
| 2007-09-30 | 12.60% |
| 2007-06-30 | 12.25% |
| 2007-03-31 | 12.54% |
| 2006-12-31 | 12.03% |
| 2006-09-30 | 12.32% |
| 2006-06-30 | 12.43% |
| 2006-03-31 | 12.20% |
| 2005-12-31 | 10.99% |
| 2005-09-30 | 11.34% |
| 2005-06-30 | 11.51% |
| 2005-03-31 | 11.53% |
| 2004-12-31 | 12.53% |
| 2004-09-30 | 11.22% |
| 2004-06-30 | 10.78% |
| 2004-03-31 | 10.35% |
| 2003-12-31 | 10.13% |
| 2003-09-30 | 10.28% |
| 2003-06-30 | 10.25% |
| 2003-03-31 | 11.45% |
| 2002-12-31 | 11.09% |
| 2002-09-30 | 10.90% |
