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 28.33% is in line with its 5-year average of 30.64%, around the middle of its 5-year range (25.59%–34.56%).
0.28% below its 12-month average of 28.41%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 30.36%.
GROSS MARGIN
28.33%
GROSS MARGIN AVG TTM
28.41%
GROSS MARGIN AVG 3Y
29.59%
GROSS MARGIN AVG 5Y
30.64%
GROSS MARGIN AVG 10Y
33.02%
GROSS MARGIN AVG 15Y
34.71%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.28%
CURRENT VS 3Y AVG
-4.25%
CURRENT VS 5Y AVG
-7.54%
CURRENT VS 10Y AVG
-14.20%
CURRENT VS 15Y AVG
-18.39%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.22%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-49.61%
vs the sector median at left
EPAM Systems, Inc.
Market Cap
$6.16B
Gross Margin
28.33%
TTM Avg
28.41%
3Y Avg
29.59%
5Y Avg
30.64%
Market Cap
$5.99B
Gross Margin
52.78%
TTM Avg
52.66%
3Y Avg
51.74%
5Y Avg
51.74%
Market Cap
$5.76B
Gross Margin
11.88%
TTM Avg
17.80%
3Y Avg
15.37%
5Y Avg
20.15%
Market Cap
$6.89B
Gross Margin
28.40%
TTM Avg
23.49%
3Y Avg
45.67%
5Y Avg
30.45%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| EPAM Systems, Inc. (EPAM) | $6.16B | 28.33% | 28.41% | 29.59% | 30.64% |
| Cirrus Logic, Inc. (CRUS)vs › | $5.99B | 52.78% | 52.66% | 51.74% | 51.74% |
| Genpact Limited (G)vs › | $5.96B | 36.58% | 35.51% | 35.31% | 35.28% |
| Lyft, Inc. (LYFT)vs › | $5.82B | 45.52% | 41.89% | 41.63% | 42.04% |
| Core Scientific, Inc. (CORZ)vs › | $5.76B | 11.88% | 17.80% | 15.37% | 20.15% |
| SentinelOne, Inc. (S)vs › | $6.65B | 73.29% | 73.74% | 71.14% | 67.07% |
| Duolingo, Inc. (DUOL)vs › | $6.69B | 72.34% | 71.86% | 72.00% | 71.89% |
| Plexus Corp. (PLXS)vs › | $6.83B | 10.04% | 9.82% | 9.53% | 9.49% |
| Cipher Mining Inc. (CIFR)vs › | $6.89B | 28.40% | 23.49% | 45.67% | 30.45% |
| Camtek Ltd. (CAMT)vs › | $6.90B | 50.05% | 49.69% | 49.00% | 48.99% |
Gross Margin
28.3%
(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 | 30.36% |
| 2026-03-31 | 25.59% |
| 2025-12-31 | 30.07% |
| 2025-09-30 | 27.24% |
| 2025-06-30 | 28.77% |
| 2025-03-31 | 26.86% |
| 2024-12-31 | 30.44% |
| 2024-09-30 | 34.56% |
| 2024-06-30 | 29.28% |
| 2024-03-31 | 28.41% |
| 2023-12-31 | 31.08% |
| 2023-09-30 | 31.06% |
| 2023-06-30 | 30.89% |
| 2023-03-31 | 29.32% |
| 2022-12-31 | 32.37% |
| 2022-09-30 | 32.61% |
| 2022-06-30 | 29.17% |
| 2022-03-31 | 33.35% |
| 2021-12-31 | 34.33% |
| 2021-09-30 | 33.91% |
| 2021-06-30 | 33.77% |
| 2021-03-31 | 33.49% |
| 2020-12-31 | 35.62% |
| 2020-09-30 | 35.09% |
| 2020-06-30 | 33.66% |
| 2020-03-31 | 34.94% |
| 2019-12-31 | 35.20% |
| 2019-09-30 | 35.81% |
| 2019-06-30 | 35.47% |
| 2019-03-31 | 33.88% |
| 2018-12-31 | 36.82% |
| 2018-09-30 | 35.69% |
| 2018-06-30 | 35.11% |
| 2018-03-31 | 34.54% |
| 2017-12-31 | 36.36% |
| 2017-09-30 | 36.59% |
| 2017-06-30 | 36.92% |
| 2017-03-31 | 36.01% |
| 2016-12-31 | 36.78% |
| 2016-09-30 | 36.04% |
| 2016-06-30 | 36.31% |
| 2016-03-31 | 36.71% |
| 2015-12-31 | 39.18% |
| 2015-09-30 | 37.10% |
| 2015-06-30 | 38.35% |
| 2015-03-31 | 37.07% |
| 2014-12-31 | 39.92% |
| 2014-09-30 | 36.45% |
| 2014-06-30 | 36.97% |
| 2014-03-31 | 36.12% |
| 2013-12-31 | 38.05% |
| 2013-09-30 | 36.83% |
| 2013-06-30 | 37.27% |
| 2013-03-31 | 37.25% |
| 2012-12-31 | 38.44% |
| 2012-09-30 | 37.23% |
| 2012-06-30 | 38.53% |
| 2012-03-31 | 36.24% |
| 2011-12-31 | 37.57% |
| 2011-09-30 | 40.26% |
| 2011-06-30 | 39.11% |
| 2011-03-31 | 37.49% |
| 2010-12-31 | 43.31% |
| 2010-09-30 | 37.00% |
| 2010-06-30 | 41.96% |
| 2010-03-31 | 37.66% |