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 94.33% is 32% above its 5-year average of 71.69%, near the high end of its 5-year range (59.96%–100.00%).
16.17% above its 12-month average of 81.20%.
Reported quarterly gross margin; no daily interpolation. Q1 FY2027 (2026-06-30): 94.15%.
GROSS MARGIN
94.33%
GROSS MARGIN AVG TTM
81.20%
GROSS MARGIN AVG 3Y
68.37%
GROSS MARGIN AVG 5Y
71.69%
GROSS MARGIN AVG 10Y
78.69%
GROSS MARGIN AVG 15Y
86.56%
GROSS MARGIN AVG 20Y
89.57%
CURRENT VS TTM AVG
+16.17%
CURRENT VS 3Y AVG
+37.97%
CURRENT VS 5Y AVG
+31.59%
CURRENT VS 10Y AVG
+19.87%
CURRENT VS 15Y AVG
+8.98%
CURRENT VS 20Y AVG
+5.31%
SECTOR MEDIAN · FINANCIAL SERVICES
0.00%
median of 289 covered companies
CURRENT VS SECTOR MEDIAN
N/A
vs the sector median at left
Gross Margin
94.3%
(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 | 94.15% |
| 2026-03-31 | 100.00% |
| 2025-12-31 | 70.86% |
| 2025-09-30 | 69.43% |
| 2025-06-30 | 71.58% |
| 2025-03-31 | 66.95% |
| 2024-12-31 | 64.39% |
| 2024-09-30 | 68.70% |
| 2024-06-30 | 65.67% |
| 2024-03-31 | 64.39% |
| 2023-12-31 | 68.70% |
| 2023-09-30 | 65.67% |
| 2023-06-30 | 75.77% |
| 2023-03-31 | 73.53% |
| 2022-12-31 | 59.96% |
| 2022-09-30 | 71.46% |
| 2022-06-30 | 60.66% |
| 2022-03-31 | 83.61% |
| 2021-12-31 | 80.39% |
| 2021-09-30 | 77.60% |
| 2021-06-30 | 80.27% |
| 2021-03-31 | 76.68% |
| 2020-12-31 | 83.17% |
| 2020-09-30 | 82.94% |
| 2020-06-30 | 75.61% |
| 2020-03-31 | 124.52% |
| 2019-12-31 | 27.01% |
| 2019-09-30 | 67.98% |
| 2019-06-30 | 75.18% |
| 2019-03-31 | 81.14% |
| 2018-12-31 | 70.54% |
| 2018-09-30 | 77.10% |
| 2018-06-30 | 86.69% |
| 2018-03-31 | 90.49% |
| 2017-12-31 | 91.27% |
| 2017-09-30 | 93.11% |
| 2017-06-30 | 92.42% |
| 2017-03-31 | 94.95% |
| 2016-12-31 | 97.11% |
| 2016-09-30 | 99.00% |
| 2016-06-30 | 100.00% |
| 2016-03-31 | 100.00% |
| 2015-12-31 | 100.00% |
| 2015-09-30 | 100.00% |
| 2015-06-30 | 100.00% |
| 2015-03-31 | 100.00% |
| 2014-12-31 | 100.00% |
| 2014-09-30 | 100.00% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | 100.00% |
| 2013-12-31 | 100.00% |
| 2013-09-30 | 100.00% |
| 2013-06-30 | 100.00% |
| 2013-03-31 | 100.00% |
| 2012-12-31 | 100.00% |
| 2012-09-30 | 100.00% |
| 2012-06-30 | 100.00% |
| 2012-03-31 | 100.00% |
| 2011-12-31 | 100.00% |
| 2011-09-30 | 100.00% |
| 2011-06-30 | 100.00% |
| 2011-03-31 | 100.00% |
| 2010-12-31 | 100.00% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 99.91% |
| 2006-12-31 | 94.12% |
| 2006-09-30 | 90.48% |
| 2006-06-30 | 87.62% |
| 2006-03-31 | 99.79% |
| 2005-12-31 | 92.73% |
| 2005-09-30 | 99.57% |
| 2005-06-30 | 98.35% |
| 2005-03-31 | 95.71% |
| 2004-12-31 | 99.25% |
| 2004-09-30 | 102.14% |
| 2004-06-30 | 103.87% |
| 2004-03-31 | 99.74% |
| 2003-12-31 | 99.12% |
| 2003-09-30 | 99.15% |
| 2003-06-30 | 47.64% |
| 2003-03-31 | 99.73% |
| 2002-12-31 | 97.91% |
| 2002-09-30 | 89.18% |
