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 31.62% is 17% below its 5-year average of 38.21%, near the low end of its 5-year range (17.78%–100.00%).
9.53% above its 12-month average of 28.87%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 37.88%.
GROSS MARGIN
31.62%
GROSS MARGIN AVG TTM
28.87%
GROSS MARGIN AVG 3Y
35.16%
GROSS MARGIN AVG 5Y
38.21%
GROSS MARGIN AVG 10Y
45.42%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+9.53%
CURRENT VS 3Y AVG
-10.07%
CURRENT VS 5Y AVG
-17.24%
CURRENT VS 10Y AVG
-30.38%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
26.47%
median of 471 covered companies
CURRENT VS SECTOR MEDIAN
+19.46%
vs the sector median at left
Greenwave Technology Solutions, Inc.
Market Cap
$2.06M
Gross Margin
31.62%
TTM Avg
28.87%
3Y Avg
35.16%
5Y Avg
38.21%
Market Cap
$2.00M
Gross Margin
N/A
TTM Avg
47.95%
3Y Avg
57.41%
5Y Avg
61.48%
Market Cap
$2.15M
Gross Margin
N/A
TTM Avg
11.13%
3Y Avg
26.29%
5Y Avg
26.87%
Market Cap
$1.97M
Gross Margin
N/A
TTM Avg
0.69%
3Y Avg
0.98%
5Y Avg
2.91%
Market Cap
$1.92M
Gross Margin
-133.87%
TTM Avg
-286.15%
3Y Avg
-164.16%
5Y Avg
-106.33%
Market Cap
$1.87M
Gross Margin
21.32%
TTM Avg
17.25%
3Y Avg
20.85%
5Y Avg
23.46%
Market Cap
$2.24M
Gross Margin
43.12%
TTM Avg
51.90%
3Y Avg
51.90%
5Y Avg
60.83%
Market Cap
$1.82M
Gross Margin
1.74%
TTM Avg
10.72%
3Y Avg
14.54%
5Y Avg
15.93%
Market Cap
$2.30M
Gross Margin
2.78%
TTM Avg
4.48%
3Y Avg
6.61%
5Y Avg
8.16%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Greenwave Technology Solutions, Inc. (GWAV) | $2.06M | 31.62% | 28.87% | 35.16% | 38.21% |
| Galaxy Payroll Group Limited (GLXG)vs › | $2.00M | N/A | 47.95% | 57.41% | 61.48% |
| Mint Incorporation Limited (MIMI)vs › | $2.15M | N/A | 11.13% | 26.29% | 26.87% |
| Jayud Global Logistics Limited (JYD)vs › | $1.97M | N/A | 0.69% | 0.98% | 2.91% |
| Nauticus Robotics, Inc. (KITT)vs › | $1.92M | -133.87% | -286.15% | -164.16% | -106.33% |
| Erayak Power Solution Group Inc. (RAYA)vs › | $1.87M | 21.32% | 17.25% | 20.85% | 23.46% |
| Professional Diversity Network, Inc. (IPDN)vs › | $2.24M | 43.12% | 51.90% | 51.90% | 60.83% |
| Megan Holdings Limited Ordinary Shares (MGN)vs › | $1.82M | 1.74% | 10.72% | 14.54% | 15.93% |
| Ping An Biomedical Co., Ltd. (PASW)vs › | $2.30M | 2.78% | 4.48% | 6.61% | 8.16% |
| Rubico Inc. (RUBI)vs › | $1.76M | 61.01% | 61.23% | 60.63% | 60.42% |
Gross Margin
31.6%
(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 | 37.88% |
| 2026-03-31 | 41.87% |
| 2025-12-31 | 17.78% |
| 2025-09-30 | 27.59% |
| 2025-06-30 | 19.22% |
| 2025-03-31 | 47.54% |
| 2024-12-31 | 46.25% |
| 2024-09-30 | 41.68% |
| 2024-06-30 | 28.98% |
| 2024-03-31 | 38.38% |
| 2023-12-31 | 39.07% |
| 2023-09-30 | 35.82% |
| 2023-06-30 | 35.03% |
| 2023-03-31 | 52.27% |
| 2022-12-31 | 27.07% |
| 2022-09-30 | 33.82% |
| 2022-06-30 | 37.98% |
| 2022-03-31 | 42.98% |
| 2021-12-31 | 35.30% |
| 2021-09-30 | 100.00% |
| 2021-06-30 | 100.00% |
| 2021-03-31 | 80.55% |
| 2020-12-31 | 75.62% |
| 2020-09-30 | 93.52% |
| 2020-06-30 | 0.00% |
| 2020-03-31 | 0.00% |
| 2019-12-31 | 100.00% |
| 2019-09-30 | 100.00% |
| 2019-06-30 | 100.00% |
| 2019-03-31 | 19.46% |
| 2018-12-31 | 0.00% |
| 2018-09-30 | 100.00% |
| 2018-06-30 | 100.00% |
| 2018-03-31 | 100.00% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | -31.30% |
| 2016-09-30 | 95.79% |
| 2016-06-30 | 42.05% |
| 2016-03-31 | 90.84% |
| 2015-12-31 | 67.19% |
| 2015-09-30 | 86.20% |
| 2015-06-30 | 100.00% |
| 2015-03-31 | 25.61% |
| 2014-12-31 | 100.00% |
| 2014-09-30 | 100.00% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | 30.65% |
| 2013-12-31 | 100.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |