Basis: Latest reported fiscal quarter. Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of 36.14% is in line with its 5-year average of 33.67%, near the high end of its 5-year range (26.86%–37.56%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.38% below its 12-month average of 36.28%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
36.14%
GROSS MARGIN AVG TTM
36.28%
GROSS MARGIN AVG 3Y
33.86%
GROSS MARGIN AVG 5Y
33.67%
GROSS MARGIN AVG 10Y
35.50%
GROSS MARGIN AVG 15Y
37.68%
GROSS MARGIN AVG 20Y
39.23%
CURRENT VS TTM AVG
-0.38%
CURRENT VS 3Y AVG
+6.74%
CURRENT VS 5Y AVG
+7.34%
CURRENT VS 10Y AVG
+1.78%
CURRENT VS 15Y AVG
-4.09%
CURRENT VS 20Y AVG
-7.88%
SECTOR MEDIAN · TECHNOLOGY
56.41%
median of 171 covered companies
CURRENT VS SECTOR MEDIAN
-35.94%
vs the sector median at left
Market Cap
$152.92B
Gross Margin
48.85%
TTM Avg
48.85%
3Y Avg
38.57%
5Y Avg
33.84%
Market Cap
$157.32B
Gross Margin
42.31%
TTM Avg
39.58%
3Y Avg
39.31%
5Y Avg
42.90%
Market Cap
$114.56B
Gross Margin
88.46%
TTM Avg
85.85%
3Y Avg
76.94%
5Y Avg
72.35%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Corning Inc (GLW) | $137.87B | 36.14% | 36.28% | 33.86% | 33.67% |
| ServiceNow, Inc. (NOW)vs › | $131.86B | 74.77% | 78.36% | 78.40% | 78.13% |
| Western Digital Corporation (WDC)vs › | $152.92B | 48.85% | 48.85% | 38.57% | 33.84% |
| Fortinet, Inc. (FTNT)vs › | $121.12B | 80.38% | 80.70% | 78.38% | 78.02% |
| Uber Technologies, Inc. (UBER)vs › | $157.32B | 42.31% | 39.58% | 39.31% | 42.90% |
| Snowflake Inc. (SNOW)vs › | $116.27B | 67.15% | 66.84% | 66.73% | 64.72% |
| AppLovin Corporation (APP)vs › | $114.56B | 88.46% | 85.85% | 76.94% | 72.35% |
| Salesforce, Inc. (CRM)vs › | $162.07B | 77.64% | 77.44% | 75.93% | 75.27% |
| Accenture plc (ACN)vs › | $109.66B | 31.97% | 32.26% | 32.21% | 32.13% |
| Automatic Data Processing, Inc. (ADP)vs › | $109.00B | 48.19% | 49.52% | 49.47% | 48.53% |
Gross Margin
36.1%
(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 | 36.14% |
| 2026-03-31 | 36.87% |
| 2025-12-31 | 35.26% |
| 2025-09-30 | 37.07% |
| 2025-06-30 | 36.04% |
| 2025-03-31 | 35.17% |
| 2024-12-31 | 34.19% |
| 2024-09-30 | 33.53% |
| 2024-06-30 | 29.19% |
| 2024-03-31 | 33.38% |
| 2023-12-31 | 30.43% |
| 2023-09-30 | 31.64% |
| 2023-06-30 | 31.24% |
| 2023-03-31 | 31.56% |
| 2022-12-31 | 26.86% |
| 2022-09-30 | 30.45% |
| 2022-06-30 | 34.47% |
| 2022-03-31 | 34.86% |
| 2021-12-31 | 34.58% |
| 2021-09-30 | 36.54% |
| 2021-06-30 | 37.56% |
| 2021-03-31 | 35.14% |
| 2020-12-31 | 36.21% |
| 2020-09-30 | 33.36% |
| 2020-06-30 | 29.52% |
| 2020-03-31 | 23.46% |
| 2019-12-31 | 30.32% |
| 2019-09-30 | 34.66% |
| 2019-06-30 | 36.22% |
| 2019-03-31 | 39.08% |
| 2018-12-31 | 39.60% |
| 2018-09-30 | 40.96% |
| 2018-06-30 | 39.02% |
| 2018-03-31 | 38.20% |
| 2017-12-31 | 39.21% |
| 2017-09-30 | 40.28% |
| 2017-06-30 | 39.53% |
| 2017-03-31 | 40.04% |
| 2016-12-31 | 39.98% |
| 2016-09-30 | 41.52% |
| 2016-06-30 | 40.30% |
| 2016-03-31 | 37.32% |
| 2015-12-31 | 38.41% |
| 2015-09-30 | 39.26% |
| 2015-06-30 | 41.61% |
| 2015-03-31 | 41.02% |
| 2014-12-31 | 41.43% |
| 2014-09-30 | 42.87% |
| 2014-06-30 | 41.58% |
| 2014-03-31 | 40.85% |
| 2013-12-31 | 39.37% |
| 2013-09-30 | 43.59% |
| 2013-06-30 | 44.55% |
| 2013-03-31 | 42.45% |
| 2012-12-31 | 42.26% |
| 2012-09-30 | 43.62% |
| 2012-06-30 | 42.35% |
| 2012-03-31 | 42.92% |
| 2011-12-31 | 43.72% |
| 2011-09-30 | 47.13% |
| 2011-06-30 | 44.34% |
| 2011-03-31 | 45.45% |
| 2010-12-31 | 43.46% |
| 2010-09-30 | 45.19% |
| 2010-06-30 | 48.31% |
| 2010-03-31 | 47.07% |
| 2009-12-31 | 42.36% |
| 2009-09-30 | 40.50% |
| 2009-06-30 | 41.22% |
| 2009-03-31 | 27.30% |
| 2008-12-31 | 28.32% |
| 2008-09-30 | 47.27% |
| 2008-06-30 | 50.35% |
| 2008-03-31 | 52.20% |
| 2007-12-31 | 47.85% |
| 2007-09-30 | 47.78% |
| 2007-06-30 | 46.47% |
| 2007-03-31 | 45.22% |
| 2006-12-31 | 44.05% |
| 2006-09-30 | 44.15% |
| 2006-06-30 | 42.90% |
| 2006-03-31 | 45.40% |
| 2005-12-31 | 43.92% |
| 2005-09-30 | 45.88% |
| 2005-06-30 | 42.33% |
| 2005-03-31 | 40.86% |
| 2004-12-31 | 35.33% |
| 2004-09-30 | 40.16% |
| 2004-06-30 | 35.63% |
| 2004-03-31 | 35.55% |
| 2003-12-31 | 29.51% |
| 2003-09-30 | 29.27% |
| 2003-06-30 | 24.07% |
| 2003-03-31 | 26.81% |
| 2002-12-31 | 3.94% |
| 2002-09-30 | 15.41% |
