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 19.78% is in line with its 5-year average of 20.73%, near the low end of its 5-year range (18.36%–23.62%).
0.76% below its 12-month average of 19.93%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
19.78%
GROSS MARGIN AVG TTM
19.93%
GROSS MARGIN AVG 3Y
20.94%
GROSS MARGIN AVG 5Y
20.73%
GROSS MARGIN AVG 10Y
19.80%
GROSS MARGIN AVG 15Y
20.61%
GROSS MARGIN AVG 20Y
21.49%
CURRENT VS TTM AVG
-0.76%
CURRENT VS 3Y AVG
-5.55%
CURRENT VS 5Y AVG
-4.60%
CURRENT VS 10Y AVG
-0.08%
CURRENT VS 15Y AVG
-4.01%
CURRENT VS 20Y AVG
-7.95%
SECTOR MEDIAN · TECHNOLOGY
56.77%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-65.15%
vs the sector median at left
Market Cap
$28.28B
Gross Margin
77.30%
TTM Avg
76.41%
3Y Avg
75.99%
5Y Avg
74.54%
Market Cap
$28.05B
Gross Margin
39.04%
TTM Avg
41.08%
3Y Avg
42.03%
5Y Avg
41.05%
Market Cap
$27.67B
Gross Margin
37.45%
TTM Avg
38.85%
3Y Avg
43.43%
5Y Avg
41.11%
Market Cap
$26.99B
Gross Margin
32.00%
TTM Avg
34.03%
3Y Avg
34.64%
5Y Avg
35.30%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| HP Inc. (HPQ) | $28.51B | 19.78% | 19.93% | 20.94% | 20.73% |
| MongoDB, Inc. (MDB)vs › | $28.63B | 72.69% | 72.53% | 73.16% | 72.16% |
| Zoom Communications, Inc. (ZM)vs › | $28.28B | 77.30% | 76.41% | 75.99% | 74.54% |
| Teledyne Technologies Incorporated (TDY)vs › | $28.05B | 39.04% | 41.08% | 42.03% | 41.05% |
| Okta, Inc. (OKTA)vs › | $27.84B | 78.13% | 76.84% | 74.66% | 73.67% |
| ON Semiconductor Corporation (ON)vs › | $27.67B | 37.45% | 38.85% | 43.43% | 41.11% |
| Fiserv, Inc. (FISV)vs › | $27.12B | 59.36% | 60.09% | 58.74% | 55.38% |
| Cognizant Technology Solutions Corporation (CTSH)vs › | $26.99B | 32.00% | 34.03% | 34.64% | 35.30% |
| Corpay, Inc. (CPAY)vs › | $26.61B | 73.34% | 74.02% | 75.98% | 76.53% |
| Zscaler, Inc. (ZS)vs › | $26.19B | 76.80% | 76.84% | 77.28% | 77.41% |
Gross Margin
19.8%
(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 | 18.79% |
| 2026-04-30 | 20.93% |
| 2026-01-31 | 19.64% |
| 2025-10-31 | 19.84% |
| 2025-07-31 | 20.46% |
| 2025-04-30 | 20.72% |
| 2025-01-31 | 21.03% |
| 2024-10-31 | 21.35% |
| 2024-07-31 | 21.50% |
| 2024-04-30 | 23.62% |
| 2024-01-31 | 21.90% |
| 2023-10-31 | 21.60% |
| 2023-07-31 | 21.39% |
| 2023-04-30 | 22.58% |
| 2023-01-31 | 20.20% |
| 2022-10-31 | 18.36% |
| 2022-07-31 | 19.69% |
| 2022-04-30 | 20.21% |
| 2022-01-31 | 19.88% |
| 2021-10-31 | 19.58% |
| 2021-07-31 | 22.16% |
| 2021-04-30 | 21.67% |
| 2021-01-31 | 21.25% |
| 2020-10-31 | 17.56% |
| 2020-07-31 | 16.74% |
| 2020-04-30 | 19.99% |
| 2020-01-31 | 19.65% |
| 2019-10-31 | 18.98% |
| 2019-07-31 | 19.89% |
| 2019-04-30 | 19.44% |
| 2019-01-31 | 17.76% |
| 2018-10-31 | 17.55% |
| 2018-07-31 | 18.43% |
| 2018-04-30 | 19.30% |
| 2018-01-31 | 17.79% |
| 2017-10-31 | 18.09% |
| 2017-07-31 | 18.58% |
| 2017-04-30 | 19.24% |
| 2017-01-31 | 17.72% |
| 2016-10-31 | 18.31% |
| 2016-07-31 | 18.26% |
| 2016-04-30 | 19.42% |
| 2016-01-31 | 18.66% |
| 2015-10-31 | 24.70% |
| 2015-07-31 | 18.82% |
| 2015-04-30 | 19.74% |
| 2015-01-31 | 19.38% |
| 2014-10-31 | 24.58% |
| 2014-07-31 | 23.97% |
| 2014-04-30 | 24.19% |
| 2014-01-31 | 22.80% |
| 2013-10-31 | 22.98% |
| 2013-07-31 | 23.39% |
| 2013-04-30 | 23.66% |
| 2013-01-31 | 22.32% |
| 2012-10-31 | 24.19% |
| 2012-07-31 | 23.08% |
| 2012-04-30 | 23.30% |
| 2012-01-31 | 22.38% |
| 2011-10-31 | 20.43% |
| 2011-07-31 | 23.37% |
| 2011-04-30 | 24.66% |
| 2011-01-31 | 24.52% |
| 2010-10-31 | 24.80% |
| 2010-07-31 | 24.21% |
| 2010-04-30 | 23.60% |
| 2010-01-31 | 22.93% |
| 2009-10-31 | 23.75% |
| 2009-07-31 | 23.76% |
| 2009-04-30 | 23.51% |
| 2009-01-31 | 23.38% |
| 2008-10-31 | 24.29% |
| 2008-07-31 | 24.38% |
| 2008-04-30 | 24.97% |
| 2008-01-31 | 24.48% |
| 2007-10-31 | 24.70% |
| 2007-07-31 | 24.48% |
| 2007-04-30 | 24.48% |
| 2007-01-31 | 23.71% |
| 2006-10-31 | 24.28% |
| 2006-07-31 | 24.75% |
| 2006-04-30 | 24.76% |
| 2006-01-31 | 23.24% |
| 2005-10-31 | 23.48% |
| 2005-07-31 | 23.20% |
| 2005-04-30 | 23.83% |
| 2005-01-31 | 22.92% |
| 2004-10-31 | 23.85% |
| 2004-07-31 | 23.00% |
| 2004-04-30 | 24.52% |
| 2004-01-31 | 24.72% |
| 2003-10-31 | 25.43% |
| 2003-07-31 | 26.16% |
| 2003-04-30 | 27.14% |
| 2003-01-31 | 26.49% |
| 2002-10-31 | 26.53% |