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 34.28% is 20% below its 5-year average of 42.72%, near the low end of its 5-year range (31.81%–57.31%).
2.90% below its 12-month average of 35.30%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 31.81%.
GROSS MARGIN
34.28%
GROSS MARGIN AVG TTM
35.30%
GROSS MARGIN AVG 3Y
38.47%
GROSS MARGIN AVG 5Y
42.72%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-2.90%
CURRENT VS 3Y AVG
-10.88%
CURRENT VS 5Y AVG
-19.76%
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
-39.03%
vs the sector median at left
Market Cap
$4.03B
Gross Margin
43.01%
TTM Avg
44.79%
3Y Avg
44.18%
5Y Avg
43.63%
Market Cap
$4.24B
Gross Margin
80.93%
TTM Avg
81.17%
3Y Avg
81.46%
5Y Avg
79.55%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Dlocal Limited (DLO) | $4.04B | 34.28% | 35.30% | 38.47% | 42.72% |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.03B | 43.01% | 44.79% | 44.18% | 43.63% |
| AXT, Inc. (AXTI)vs › | $3.93B | 12.73% | 18.36% | 22.80% | 26.25% |
| Clear Secure, Inc. (YOU)vs › | $4.22B | 90.02% | 74.66% | 68.69% | 66.92% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.24B | 80.93% | 81.17% | 81.46% | 79.55% |
| Wix.com Ltd. (WIX)vs › | $3.78B | 66.64% | 68.00% | 66.31% | 65.83% |
| Itron, Inc. (ITRI)vs › | $3.78B | 39.87% | 36.04% | 33.50% | 31.77% |
| Dave Inc. (DAVE)vs › | $4.32B | 83.29% | 83.97% | 82.16% | 82.59% |
| Box, Inc. (BOX)vs › | $4.64B | 79.55% | 79.15% | 76.93% | 75.00% |
| Klaviyo, Inc. (KVYO)vs › | $4.71B | 73.79% | 75.53% | 74.63% | 73.87% |
Gross Margin
34.3%
(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 | 31.81% |
| 2026-03-31 | 35.34% |
| 2025-12-31 | 34.27% |
| 2025-09-30 | 36.53% |
| 2025-06-30 | 38.56% |
| 2025-03-31 | 39.16% |
| 2024-12-31 | 40.94% |
| 2024-09-30 | 42.08% |
| 2024-06-30 | 40.76% |
| 2024-03-31 | 34.14% |
| 2023-12-31 | 37.08% |
| 2023-09-30 | 45.47% |
| 2023-06-30 | 43.91% |
| 2023-03-31 | 45.04% |
| 2022-12-31 | 46.53% |
| 2022-09-30 | 48.16% |
| 2022-06-30 | 49.06% |
| 2022-03-31 | 49.80% |
| 2021-12-31 | 51.07% |
| 2021-09-30 | 50.18% |
| 2021-06-30 | 57.31% |
| 2021-03-31 | 57.80% |
| 2020-12-31 | 59.65% |
| 2020-09-30 | 54.72% |
| 2020-06-30 | 55.81% |
| 2020-03-31 | 61.14% |
