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 72.62% is in line with its 4-year average of 74.55%, around the middle of its 4-year range (66.54%–78.60%).
As of the fiscal period ended Tuesday, June 30, 2026. 2.16% below its 12-month average of 74.22%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
72.62%
GROSS MARGIN AVG TTM
74.22%
GROSS MARGIN AVG 3Y
75.68%
GROSS MARGIN AVG 5Y
N/A
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-2.16%
CURRENT VS 3Y AVG
-4.04%
CURRENT VS 5Y AVG
N/A
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
57.61%
median of 176 covered companies
CURRENT VS SECTOR MEDIAN
+26.05%
vs the sector median at left
Market Cap
$5.09B
Gross Margin
28.33%
TTM Avg
28.62%
3Y Avg
29.92%
5Y Avg
31.41%
Market Cap
$4.78B
Gross Margin
80.70%
TTM Avg
81.61%
3Y Avg
80.57%
5Y Avg
78.59%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Klaviyo, Inc. (KVYO) | $4.97B | 72.62% | 74.22% | 75.68% | N/A |
| EPAM Systems, Inc. (EPAM)vs › | $5.09B | 28.33% | 28.62% | 29.92% | 31.41% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.78B | 80.70% | 81.61% | 80.57% | 78.59% |
| monday.com Ltd. (MNDY)vs › | $4.72B | 89.05% | 89.27% | 88.66% | 88.01% |
| Box, Inc. (BOX)vs › | $4.60B | 79.56% | 79.15% | 76.93% | 75.00% |
| Itron, Inc. (ITRI)vs › | $4.54B | 39.87% | 36.04% | 33.50% | 31.77% |
| AXT, Inc. (AXTI)vs › | $4.50B | 12.73% | 18.36% | 22.80% | 26.25% |
| Genpact Limited (G)vs › | $5.81B | 36.58% | 35.51% | 35.31% | 35.28% |
| Duolingo, Inc. (DUOL)vs › | $6.10B | 72.34% | 71.86% | 72.00% | 71.89% |
| Ambarella, Inc. (AMBA)vs › | $3.81B | 58.28% | 58.41% | 59.78% | 60.44% |
Gross Margin
72.6%
(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 | 72.62% |
| 2026-03-31 | 75.11% |
| 2025-12-31 | 72.17% |
| 2025-09-30 | 75.51% |
| 2025-06-30 | 75.70% |
| 2025-03-31 | 75.81% |
| 2024-12-31 | 73.45% |
| 2024-09-30 | 76.88% |
| 2024-06-30 | 77.38% |
| 2024-03-31 | 78.60% |
| 2023-12-31 | 77.67% |
| 2023-09-30 | 66.54% |
| 2023-06-30 | 77.23% |
| 2023-03-31 | 76.57% |
| 2022-12-31 | 74.30% |
| 2022-09-30 | 72.63% |
| 2022-06-30 | 71.63% |
| 2022-03-31 | 72.13% |
