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 85.75% is in line with its 5-year average of 88.28%, near the low end of its 5-year range (84.06%–90.24%).
0.56% below its 12-month average of 86.23%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2027 (2026-07-31): 84.06%.
GROSS MARGIN
85.75%
GROSS MARGIN AVG TTM
86.23%
GROSS MARGIN AVG 3Y
88.02%
GROSS MARGIN AVG 5Y
88.28%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.56%
CURRENT VS 3Y AVG
-2.58%
CURRENT VS 5Y AVG
-2.87%
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
+52.51%
vs the sector median at left
Market Cap
$8.14B
Gross Margin
28.92%
TTM Avg
27.41%
3Y Avg
24.24%
5Y Avg
22.72%
Market Cap
$7.68B
Gross Margin
69.19%
TTM Avg
68.98%
3Y Avg
68.80%
5Y Avg
67.84%
Market Cap
$7.56B
Gross Margin
22.38%
TTM Avg
18.16%
3Y Avg
19.53%
5Y Avg
-12.99%
Market Cap
$7.36B
Gross Margin
61.31%
TTM Avg
57.67%
3Y Avg
56.35%
5Y Avg
54.32%
Market Cap
$7.25B
Gross Margin
28.40%
TTM Avg
23.49%
3Y Avg
45.67%
5Y Avg
30.45%
Market Cap
$8.62B
Gross Margin
78.66%
TTM Avg
80.41%
3Y Avg
82.69%
5Y Avg
78.03%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| GitLab Inc. (GTLB) | $7.91B | 85.75% | 86.23% | 88.02% | 88.28% |
| Applied Optoelectronics, Inc. (AAOI)vs › | $8.14B | 28.92% | 27.41% | 24.24% | 22.72% |
| Paylocity Holding Corporation (PCTY)vs › | $7.68B | 69.19% | 68.98% | 68.80% | 67.84% |
| Applied Digital Corp. (APLD)vs › | $7.56B | 22.38% | 18.16% | 19.53% | -12.99% |
| SentinelOne, Inc. (S)vs › | $7.54B | 73.29% | 73.74% | 71.14% | 67.07% |
| Zeta Global Holdings Corp. (ZETA)vs › | $7.36B | 61.31% | 57.67% | 56.35% | 54.32% |
| AppFolio Inc. (APPF)vs › | $7.30B | 63.04% | 61.66% | 61.08% | 60.98% |
| Cipher Mining Inc. (CIFR)vs › | $7.25B | 28.40% | 23.49% | 45.67% | 30.45% |
| InterDigital, Inc. (IDCC)vs › | $8.62B | 78.66% | 80.41% | 82.69% | 78.03% |
| Plexus Corp. (PLXS)vs › | $7.04B | 10.04% | 9.82% | 9.53% | 9.49% |
Gross Margin
85.8%
(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 |
|---|---|
| 2026-07-31 | 84.06% |
| 2026-04-30 | 85.81% |
| 2026-01-31 | 86.57% |
| 2025-10-31 | 86.81% |
| 2025-07-31 | 87.92% |
| 2025-04-30 | 88.33% |
| 2025-01-31 | 89.18% |
| 2024-10-31 | 88.71% |
| 2024-07-31 | 88.30% |
| 2024-04-30 | 88.90% |
| 2024-01-31 | 90.24% |
| 2023-10-31 | 89.92% |
| 2023-07-31 | 89.47% |
| 2023-04-30 | 89.01% |
| 2023-01-31 | 88.42% |
| 2022-10-31 | 87.11% |
| 2022-07-31 | 87.10% |
| 2022-04-30 | 88.73% |
| 2022-01-31 | 88.21% |
| 2021-10-31 | 89.23% |
| 2021-07-31 | 87.63% |
| 2021-04-30 | 87.13% |
| 2021-01-31 | 86.51% |
| 2020-10-31 | 89.00% |
| 2020-07-31 | 88.91% |
| 2020-04-30 | 87.16% |