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 60.78% is 11% above its 5-year average of 54.61%, near the high end of its 5-year range (40.84%–64.55%).
4.32% above its 12-month average of 58.27%.
Reported quarterly gross margin; no daily interpolation. Q1 FY2027 (2026-07-31): 58.58%.
GROSS MARGIN
60.78%
GROSS MARGIN AVG TTM
58.27%
GROSS MARGIN AVG 3Y
53.65%
GROSS MARGIN AVG 5Y
54.61%
GROSS MARGIN AVG 10Y
53.98%
GROSS MARGIN AVG 15Y
35.78%
GROSS MARGIN AVG 20Y
26.83%
CURRENT VS TTM AVG
+4.32%
CURRENT VS 3Y AVG
+13.30%
CURRENT VS 5Y AVG
+11.30%
CURRENT VS 10Y AVG
+12.60%
CURRENT VS 15Y AVG
+69.87%
CURRENT VS 20Y AVG
+126.50%
SECTOR MEDIAN · HEALTHCARE
41.20%
median of 862 covered companies
CURRENT VS SECTOR MEDIAN
+47.51%
vs the sector median at left
MindWalk Holdings Corp.
Market Cap
$72.83M
Gross Margin
60.78%
TTM Avg
58.27%
3Y Avg
53.65%
5Y Avg
54.61%
Market Cap
$72.32M
Gross Margin
85.89%
TTM Avg
77.06%
3Y Avg
82.88%
5Y Avg
71.27%
Market Cap
$71.23M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
50.00%
5Y Avg
66.67%
Market Cap
$70.63M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$75.18M
Gross Margin
77.06%
TTM Avg
74.09%
3Y Avg
74.09%
5Y Avg
72.46%
Market Cap
$75.95M
Gross Margin
66.34%
TTM Avg
59.91%
3Y Avg
56.70%
5Y Avg
58.64%
Market Cap
$69.61M
Gross Margin
49.30%
TTM Avg
49.08%
3Y Avg
46.18%
5Y Avg
47.39%
Market Cap
$76.74M
Gross Margin
41.76%
TTM Avg
36.53%
3Y Avg
27.69%
5Y Avg
15.34%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| MindWalk Holdings Corp. (HYFT) | $72.83M | 60.78% | 58.27% | 53.65% | 54.61% |
| Hyperfine, Inc. (HYPR)vs › | $73.27M | 51.41% | 47.75% | 37.98% | -14.72% |
| Verrica Pharmaceuticals Inc. (VRCA)vs › | $72.32M | 85.89% | 77.06% | 82.88% | 71.27% |
| Gain Therapeutics, Inc. (GANX)vs › | $71.23M | 0.00% | 0.00% | 50.00% | 66.67% |
| Tiziana Life Sciences Ltd (TLSA)vs › | $70.63M | 0.00% | 0.00% | 0.00% | 0.00% |
| Pulmonx Corporation (LUNG)vs › | $75.18M | 77.06% | 74.09% | 74.09% | 72.46% |
| SkinHealth Systems Inc. (SKIN)vs › | $75.95M | 66.34% | 59.91% | 56.70% | 58.64% |
| Champions Oncology, Inc. (CSBR)vs › | $69.61M | 49.30% | 49.08% | 46.18% | 47.39% |
| Outset Medical, Inc. (OM)vs › | $76.74M | 41.76% | 36.53% | 27.69% | 15.34% |
| Spero Therapeutics, Inc. (SPRO)vs › | $68.90M | 100.00% | -0.84% | 37.19% | -61.56% |
Gross Margin
60.8%
(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 | 58.58% |
| 2026-04-30 | 60.63% |
| 2026-01-31 | 59.26% |
| 2025-10-31 | 64.55% |
| 2025-07-31 | 48.31% |
| 2025-04-30 | 63.89% |
| 2025-01-31 | 53.57% |
| 2024-10-31 | 51.10% |
| 2024-07-31 | 40.84% |
| 2024-04-30 | 48.12% |
| 2024-01-31 | 51.39% |
| 2023-10-31 | 48.03% |
| 2023-08-09 | 49.14% |
| 2023-04-30 | 59.44% |
| 2023-01-31 | 57.32% |
| 2022-12-13 | 53.61% |
| 2022-07-31 | 52.87% |
| 2022-04-30 | 63.29% |
| 2022-01-31 | 53.71% |
| 2021-10-31 | 54.53% |
| 2021-07-31 | 54.62% |
| 2021-04-30 | 56.94% |
| 2021-01-31 | 78.89% |
| 2020-10-31 | 58.65% |
| 2020-07-31 | 64.01% |
| 2020-04-30 | 46.90% |
| 2020-01-31 | 55.12% |
| 2019-10-31 | 78.74% |
| 2019-07-31 | 50.68% |
| 2019-04-30 | 21.62% |
| 2019-01-31 | 58.17% |
| 2018-10-31 | 51.59% |
| 2018-07-31 | 54.58% |
| 2018-04-30 | 47.48% |
| 2018-01-31 | 57.40% |
| 2017-10-31 | 40.51% |
| 2017-07-31 | 7.89% |
| 2017-04-30 | 100.00% |
| 2017-01-31 | 24.43% |
| 2016-09-30 | 46.38% |
| 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% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 0.00% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | 0.00% |
| 2003-03-31 | 0.00% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
