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 83.29% is in line with its 5-year average of 85.74%, around the middle of its 5-year range (72.43%–93.77%).
1.06% below its 12-month average of 84.18%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 72.43%.
GROSS MARGIN
83.29%
GROSS MARGIN AVG TTM
84.18%
GROSS MARGIN AVG 3Y
86.96%
GROSS MARGIN AVG 5Y
85.74%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-1.06%
CURRENT VS 3Y AVG
-4.22%
CURRENT VS 5Y AVG
-2.86%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.22%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+48.14%
vs the sector median at left
Market Cap
$4.28B
Gross Margin
80.93%
TTM Avg
81.17%
3Y Avg
81.46%
5Y Avg
79.55%
Market Cap
$4.01B
Gross Margin
43.01%
TTM Avg
44.79%
3Y Avg
44.18%
5Y Avg
43.63%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dave Inc. (DAVE) | $4.32B | 83.29% | 84.18% | 86.96% | 85.74% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.28B | 80.93% | 81.17% | 81.46% | 79.55% |
| Clear Secure, Inc. (YOU)vs › | $4.22B | 90.02% | 74.66% | 68.69% | 66.92% |
| Dlocal Limited (DLO)vs › | $4.03B | 34.28% | 38.16% | 41.79% | 46.38% |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.01B | 43.01% | 44.79% | 44.18% | 43.63% |
| Box, Inc. (BOX)vs › | $4.65B | 79.55% | 79.15% | 76.93% | 75.00% |
| Klaviyo, Inc. (KVYO)vs › | $4.77B | 73.79% | 75.53% | 74.63% | 73.87% |
| AXT, Inc. (AXTI)vs › | $3.88B | 12.73% | 18.36% | 22.80% | 26.25% |
| Itron, Inc. (ITRI)vs › | $3.86B | 39.87% | 36.04% | 33.50% | 31.77% |
| Wix.com Ltd. (WIX)vs › | $3.83B | 66.64% | 68.00% | 66.31% | 65.83% |
Gross Margin
83.3%
(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 | 72.43% |
| 2026-03-31 | 86.93% |
| 2025-12-31 | 87.93% |
| 2025-09-30 | 86.75% |
| 2025-06-30 | 86.88% |
| 2025-03-31 | 84.49% |
| 2024-12-31 | 93.77% |
| 2024-09-30 | 81.10% |
| 2024-06-30 | 79.03% |
| 2024-03-31 | 89.51% |
| 2023-12-31 | 89.73% |
| 2023-09-30 | 89.27% |
| 2023-06-30 | 88.19% |
| 2023-03-31 | 87.92% |
| 2022-12-31 | 86.06% |
| 2022-09-30 | 83.29% |
| 2022-06-30 | 83.43% |
| 2022-03-31 | 84.62% |
| 2021-12-31 | 84.11% |
| 2021-09-30 | 84.56% |
| 2021-06-30 | 85.24% |
| 2021-03-31 | 84.84% |
| 2020-12-31 | 83.22% |
| 2020-09-30 | 63.57% |
| 2020-06-30 | 65.15% |
| 2020-03-31 | 65.15% |
