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 98.90% is 54% above its 5-year average of 64.17%, around the middle of its 5-year range (14.47%–156.34%).
As of the fiscal period ended Tuesday, June 30, 2026. 23.26% above its 12-month average of 80.23%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
98.90%
GROSS MARGIN AVG TTM
80.23%
GROSS MARGIN AVG 3Y
69.07%
GROSS MARGIN AVG 5Y
59.56%
GROSS MARGIN AVG 10Y
29.75%
GROSS MARGIN AVG 15Y
20.77%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+23.26%
CURRENT VS 3Y AVG
+43.19%
CURRENT VS 5Y AVG
+66.04%
CURRENT VS 10Y AVG
+232.39%
CURRENT VS 15Y AVG
+376.13%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
56.95%
median of 96 covered companies
CURRENT VS SECTOR MEDIAN
+73.64%
vs the sector median at left
Market Cap
$10.16B
Gross Margin
51.38%
TTM Avg
53.39%
3Y Avg
53.22%
5Y Avg
52.82%
Market Cap
$10.72B
Gross Margin
5.09%
TTM Avg
14.04%
3Y Avg
8.10%
5Y Avg
5.40%
Market Cap
$8.51B
Gross Margin
50.05%
TTM Avg
47.66%
3Y Avg
42.81%
5Y Avg
40.23%
Market Cap
$11.67B
Gross Margin
8.01%
TTM Avg
16.79%
3Y Avg
15.69%
5Y Avg
14.69%
Market Cap
$12.10B
Gross Margin
18.07%
TTM Avg
17.70%
3Y Avg
17.65%
5Y Avg
16.32%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Hut 8 Corp. (HUT) | $9.97B | 98.90% | 80.23% | 69.07% | 59.56% |
| FactSet Research Systems Inc. (FDS)vs › | $10.16B | 51.38% | 53.39% | 53.22% | 52.82% |
| Bitmine Immersion Technologies, Inc. (BMNR)vs › | $10.72B | 5.09% | 14.04% | 8.10% | 5.40% |
| Kinsale Capital Group, Inc. (KNSL)vs › | $8.51B | 50.05% | 47.66% | 42.81% | 40.23% |
| Erie Indemnity Company (ERIE)vs › | $11.67B | 8.01% | 16.79% | 15.69% | 14.69% |
| American Financial Group, Inc. (AFG)vs › | $12.10B | 18.07% | 17.70% | 17.65% | 16.32% |
| Invesco Ltd. (IVZ)vs › | $14.00B | 43.18% | 38.30% | 37.99% | 38.66% |
| Axos Financial, Inc. (AX)vs › | $5.69B | 62.97% | 62.22% | 62.96% | 71.22% |
| Globe Life Inc. (GL)vs › | $14.27B | 33.40% | 32.88% | 31.34% | 30.90% |
| Assurant, Inc. (AIZ)vs › | $14.35B | 77.83% | 76.93% | 77.01% | 64.48% |
Gross Margin
98.9%
(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 | 98.90% |
| 2026-03-31 | 64.03% |
| 2025-12-31 | 111.17% |
| 2025-09-30 | 79.81% |
| 2025-06-30 | 47.27% |
| 2025-03-31 | 14.47% |
| 2024-12-31 | 94.02% |
| 2024-09-30 | 59.85% |
| 2024-06-30 | 156.34% |
| 2024-03-31 | 45.60% |
| 2024-01-12 | 47.14% |
| 2023-09-30 | 37.68% |
| 2023-06-30 | 41.61% |
| 2023-03-31 | 45.63% |
| 2022-12-31 | 40.73% |
| 2022-09-30 | 47.54% |
| 2022-06-30 | 61.60% |
| 2022-03-31 | 60.19% |
| 2021-12-31 | 81.87% |
| 2021-09-30 | 64.13% |
| 2021-06-30 | 48.03% |
| 2021-03-31 | 31.59% |
| 2020-12-31 | -12.86% |
| 2020-09-30 | -100.98% |
| 2020-06-30 | -70.07% |
| 2020-03-31 | -41.70% |
| 2019-12-31 | -104.06% |
| 2019-09-30 | 38.17% |
| 2019-06-30 | 45.70% |
| 2019-03-31 | -45.79% |
| 2018-12-31 | -128.81% |
| 2018-09-30 | -49.57% |
| 2018-06-30 | -14.22% |
| 2018-03-31 | 28.36% |
| 2017-12-31 | 0.00% |
| 2017-09-30 | 0.00% |
| 2017-06-30 | 0.00% |
| 2017-03-31 | 0.00% |
| 2016-12-31 | 0.00% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 0.00% |
| 2015-12-31 | 0.00% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
