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 16.43% is in line with its 5-year average of 16.50%, around the middle of its 5-year range (10.22%–29.82%).
14.73% below its 12-month average of 19.27%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 13.95%.
GROSS MARGIN
16.43%
GROSS MARGIN AVG TTM
19.27%
GROSS MARGIN AVG 3Y
16.09%
GROSS MARGIN AVG 5Y
16.50%
GROSS MARGIN AVG 10Y
18.49%
GROSS MARGIN AVG 15Y
16.92%
GROSS MARGIN AVG 20Y
16.40%
CURRENT VS TTM AVG
-14.73%
CURRENT VS 3Y AVG
+2.12%
CURRENT VS 5Y AVG
-0.41%
CURRENT VS 10Y AVG
-11.12%
CURRENT VS 15Y AVG
-2.92%
CURRENT VS 20Y AVG
+0.20%
SECTOR MEDIAN · ENERGY
30.57%
median of 52 covered companies
CURRENT VS SECTOR MEDIAN
-46.25%
vs the sector median at left
Canadian Solar Inc.
Market Cap
$767.65M
Gross Margin
16.43%
TTM Avg
19.27%
3Y Avg
16.09%
5Y Avg
16.50%
Market Cap
$614.14M
Gross Margin
24.27%
TTM Avg
27.88%
3Y Avg
23.77%
5Y Avg
21.06%
Market Cap
$1.37B
Gross Margin
46.24%
TTM Avg
55.43%
3Y Avg
67.16%
5Y Avg
68.63%
Market Cap
$1.45B
Gross Margin
81.55%
TTM Avg
84.88%
3Y Avg
87.97%
5Y Avg
89.16%
Market Cap
$2.00B
Gross Margin
22.16%
TTM Avg
-40.99%
3Y Avg
-7.79%
5Y Avg
5.41%
Market Cap
$2.65B
Gross Margin
23.27%
TTM Avg
25.71%
3Y Avg
31.64%
5Y Avg
34.07%
Market Cap
$3.86B
Gross Margin
10.49%
TTM Avg
20.61%
3Y Avg
19.84%
5Y Avg
12.13%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Canadian Solar Inc. (CSIQ) | $767.65M | 16.43% | 19.27% | 16.09% | 16.50% |
| Array Technologies, Inc. (ARRY)vs › | $614.14M | 24.27% | 27.88% | 23.77% | 21.06% |
| Star Group, L.P. (SGU)vs › | $424.54M | 30.48% | 28.09% | 25.29% | 26.81% |
| enCore Energy Corp. (EU)vs › | $197.14M | 22.46% | 5.06% | 14.79% | 9.86% |
| Dorchester Minerals, L.P. (DMLP)vs › | $1.37B | 46.24% | 55.43% | 67.16% | 68.63% |
| Natural Resource Partners L.P. (NRP)vs › | $1.45B | 81.55% | 84.88% | 87.97% | 89.16% |
| SolarEdge Technologies, Inc. (SEDG)vs › | $2.00B | 22.16% | -40.99% | -7.79% | 5.41% |
| Centrus Energy Corp. (LEU)vs › | $2.65B | 23.27% | 25.71% | 31.64% | 34.07% |
| Helmerich & Payne, Inc. (HP)vs › | $3.86B | 10.49% | 20.61% | 19.84% | 12.13% |
| Oceaneering International, Inc. (OII)vs › | $4.42B | 19.82% | 19.33% | 17.50% | 15.52% |
Gross Margin
16.4%
(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 | 13.95% |
| 2026-03-31 | 25.13% |
| 2025-12-31 | 10.22% |
| 2025-09-30 | 17.23% |
| 2025-06-30 | 29.82% |
| 2025-03-31 | 11.74% |
| 2024-12-31 | 14.27% |
| 2024-09-30 | 16.41% |
| 2024-06-30 | 17.25% |
| 2024-03-31 | 19.02% |
| 2023-12-31 | 12.54% |
| 2023-09-30 | 16.68% |
| 2023-06-30 | 18.64% |
| 2023-03-31 | 18.69% |
| 2022-12-31 | 17.68% |
| 2022-09-30 | 18.76% |
| 2022-06-30 | 16.03% |
| 2022-03-31 | 14.47% |
| 2021-12-31 | 19.71% |
| 2021-09-30 | 18.60% |
| 2021-06-30 | 12.93% |
| 2021-03-31 | 17.86% |
| 2020-12-31 | 13.56% |
| 2020-09-30 | 19.51% |
| 2020-06-30 | 21.16% |
| 2020-03-31 | 27.03% |
| 2019-12-31 | 24.95% |
| 2019-09-30 | 26.18% |
| 2019-06-30 | 17.62% |
| 2019-03-31 | 22.17% |
| 2018-12-31 | 30.11% |
| 2018-09-30 | 26.09% |
| 2018-06-30 | 24.51% |
| 2018-03-31 | 10.10% |
| 2017-12-31 | 19.71% |
| 2017-09-30 | 17.52% |
| 2017-06-30 | 24.24% |
| 2017-03-31 | 13.50% |
| 2016-12-31 | 7.32% |
| 2016-09-30 | 17.84% |
| 2016-06-30 | 17.18% |
| 2016-03-31 | 15.59% |
| 2015-12-31 | 17.89% |
| 2015-09-30 | 14.92% |
| 2015-06-30 | 15.16% |
| 2015-03-31 | 17.77% |
| 2014-12-31 | 19.33% |
| 2014-09-30 | 22.89% |
| 2014-06-30 | 18.95% |
| 2014-03-31 | 14.71% |
| 2013-12-31 | 19.49% |
| 2013-09-30 | 20.41% |
| 2013-06-30 | 12.80% |
| 2013-03-31 | 9.69% |
| 2012-12-31 | 5.04% |
| 2012-09-30 | 2.23% |
| 2012-06-30 | 12.40% |
| 2012-03-31 | 7.69% |
| 2011-12-31 | 8.73% |
| 2011-09-30 | 2.38% |
| 2011-06-30 | 13.22% |
| 2011-03-31 | 14.73% |
| 2010-12-31 | 17.00% |
| 2010-09-30 | 17.31% |
| 2010-06-30 | 13.57% |
| 2010-03-31 | 12.44% |
| 2009-12-31 | 9.51% |
| 2009-09-30 | 16.30% |
| 2009-06-30 | 20.21% |
| 2009-03-31 | -7.87% |
| 2008-12-31 | -42.73% |
| 2008-09-30 | 15.50% |
| 2008-06-30 | 15.56% |
| 2008-03-31 | 16.49% |
| 2007-12-31 | 11.46% |
| 2007-09-30 | 6.52% |
| 2007-06-30 | 4.09% |
| 2007-03-31 | 1.98% |
| 2006-12-31 | 0.41% |
| 2006-09-30 | 27.09% |
| 2006-06-30 | 28.48% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
