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 42.63% is 10% above its 5-year average of 38.60%, near the high end of its 5-year range (28.73%–46.08%).
1.98% above its 12-month average of 41.80%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 46.08%.
GROSS MARGIN
42.63%
GROSS MARGIN AVG TTM
41.80%
GROSS MARGIN AVG 3Y
40.23%
GROSS MARGIN AVG 5Y
38.60%
GROSS MARGIN AVG 10Y
34.40%
GROSS MARGIN AVG 15Y
32.23%
GROSS MARGIN AVG 20Y
30.82%
CURRENT VS TTM AVG
+1.98%
CURRENT VS 3Y AVG
+5.96%
CURRENT VS 5Y AVG
+10.43%
CURRENT VS 10Y AVG
+23.91%
CURRENT VS 15Y AVG
+32.26%
CURRENT VS 20Y AVG
+38.32%
SECTOR MEDIAN · TECHNOLOGY
47.77%
median of 503 covered companies
CURRENT VS SECTOR MEDIAN
-10.76%
vs the sector median at left
Market Cap
$2.21B
Gross Margin
10.14%
TTM Avg
10.71%
3Y Avg
12.68%
5Y Avg
13.38%
Market Cap
$2.30B
Gross Margin
71.46%
TTM Avg
71.07%
3Y Avg
69.67%
5Y Avg
66.19%
Market Cap
$2.33B
Gross Margin
18.89%
TTM Avg
18.66%
3Y Avg
18.03%
5Y Avg
17.39%
Market Cap
$2.08B
Gross Margin
-8.25%
TTM Avg
-12.52%
3Y Avg
-8.09%
5Y Avg
6.92%
Market Cap
$2.07B
Gross Margin
23.96%
TTM Avg
23.94%
3Y Avg
22.91%
5Y Avg
23.42%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Innodata Inc. (INOD) | $2.21B | 42.63% | 41.80% | 40.23% | 38.60% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.21B | 10.14% | 10.71% | 12.68% | 13.38% |
| Asana, Inc. (ASAN)vs › | $2.23B | 87.56% | 89.19% | 89.53% | 89.20% |
| nLIGHT, Inc. (LASR)vs › | $2.25B | 31.52% | 23.23% | 22.36% | 24.12% |
| PDF Solutions, Inc. (PDFS)vs › | $2.30B | 71.46% | 71.07% | 69.67% | 66.19% |
| nCino, Inc. (NCNO)vs › | $2.13B | 61.51% | 60.31% | 59.72% | 59.18% |
| PC Connection, Inc. (CNXN)vs › | $2.33B | 18.89% | 18.66% | 18.03% | 17.39% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.08B | -8.25% | -12.52% | -8.09% | 6.92% |
| GigaCloud Technology Inc. (GCT)vs › | $2.07B | 23.96% | 23.94% | 22.91% | 23.42% |
| Payoneer Global Inc. (PAYO)vs › | $2.42B | 78.00% | 81.25% | 82.56% | 80.12% |
Gross Margin
42.6%
(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 | 46.08% |
| 2026-03-31 | 43.40% |
| 2025-12-31 | 38.34% |
| 2025-09-30 | 41.39% |
| 2025-06-30 | 39.80% |
| 2025-03-31 | 39.85% |
| 2024-12-31 | 45.21% |
| 2024-09-30 | 41.76% |
| 2024-06-30 | 28.73% |
| 2024-03-31 | 36.05% |
| 2023-12-31 | 38.92% |
| 2023-09-30 | 37.10% |
| 2023-06-30 | 34.86% |
| 2023-03-31 | 32.34% |
| 2022-12-31 | 30.44% |
| 2022-09-30 | 33.12% |
| 2022-06-30 | 37.72% |
| 2022-03-31 | 39.07% |
| 2021-12-31 | 36.67% |
| 2021-09-30 | 40.87% |
| 2021-06-30 | 39.05% |
| 2021-03-31 | 36.77% |
| 2020-12-31 | 39.60% |
| 2020-09-30 | 33.04% |
| 2020-06-30 | 31.92% |
| 2020-03-31 | 32.91% |
| 2019-12-31 | 37.52% |
| 2019-09-30 | 34.86% |
| 2019-06-30 | 29.80% |
| 2019-03-31 | 30.19% |
| 2018-12-31 | 32.35% |
| 2018-09-30 | 35.34% |
| 2018-06-30 | 31.03% |
| 2018-03-31 | 29.96% |
| 2017-12-31 | 28.39% |
| 2017-09-30 | 24.22% |
| 2017-06-30 | 24.82% |
| 2017-03-31 | 22.12% |
| 2016-12-31 | 26.52% |
| 2016-09-30 | 23.10% |
| 2016-06-30 | 25.30% |
| 2016-03-31 | 26.97% |
| 2015-12-31 | 26.74% |
| 2015-09-30 | 30.94% |
| 2015-06-30 | 21.84% |
| 2015-03-31 | 19.40% |
| 2014-12-31 | 26.87% |
| 2014-09-30 | 27.90% |
| 2014-06-30 | 20.92% |
| 2014-03-31 | 26.84% |
| 2013-12-31 | 29.12% |
| 2013-09-30 | 23.96% |
| 2013-06-30 | 16.96% |
| 2013-03-31 | 24.33% |
| 2012-12-31 | 30.89% |
| 2012-09-30 | 31.46% |
| 2012-06-30 | 35.64% |
| 2012-03-31 | 35.93% |
| 2011-12-31 | 35.54% |
| 2011-09-30 | 33.33% |
| 2011-06-30 | 30.06% |
| 2011-03-31 | 27.40% |
| 2010-12-31 | 21.87% |
| 2010-09-30 | 28.49% |
| 2010-06-30 | 21.31% |
| 2010-03-31 | 20.69% |
| 2009-12-31 | 16.21% |
| 2009-09-30 | 29.88% |
| 2009-06-30 | 34.37% |
| 2009-03-31 | 39.90% |
| 2008-12-31 | 35.95% |
| 2008-09-30 | 27.90% |
| 2008-06-30 | 22.62% |
| 2008-03-31 | 27.10% |
| 2007-12-31 | 31.48% |
| 2007-09-30 | 31.04% |
| 2007-06-30 | 26.78% |
| 2007-03-31 | 21.09% |
| 2006-12-31 | 20.43% |
| 2006-09-30 | 14.89% |
| 2006-06-30 | 12.10% |
| 2006-03-31 | 18.78% |
| 2005-12-31 | 28.43% |
| 2005-09-30 | 24.62% |
| 2005-06-30 | 25.85% |
| 2005-03-31 | 26.69% |
| 2004-12-31 | 36.58% |
| 2004-09-30 | 44.45% |
| 2004-06-30 | 36.38% |
| 2004-03-31 | 36.05% |
| 2003-12-31 | 30.03% |
| 2003-09-30 | 35.40% |
| 2003-06-30 | 20.46% |
| 2003-03-31 | 12.45% |
| 2002-12-31 | -2.84% |
| 2002-09-30 | 2.12% |
