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 86.34% is in line with its 5-year average of 79.86%, near the high end of its 5-year range (6.15%–118.87%).
3.50% below its 12-month average of 89.47%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-04-30): 87.37%.
GROSS MARGIN
86.34%
GROSS MARGIN AVG TTM
89.47%
GROSS MARGIN AVG 3Y
89.16%
GROSS MARGIN AVG 5Y
79.86%
GROSS MARGIN AVG 10Y
91.69%
GROSS MARGIN AVG 15Y
96.20%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-3.50%
CURRENT VS 3Y AVG
-3.16%
CURRENT VS 5Y AVG
+8.11%
CURRENT VS 10Y AVG
-5.84%
CURRENT VS 15Y AVG
-10.25%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · FINANCIAL SERVICES
58.58%
median of 102 covered companies
CURRENT VS SECTOR MEDIAN
+47.40%
vs the sector median at left
Nuveen Quality Municipal Income Fund
Market Cap
$2.36B
Gross Margin
86.34%
TTM Avg
89.47%
3Y Avg
89.16%
5Y Avg
79.86%
Market Cap
$3.23B
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$745.83M
Gross Margin
57.83%
TTM Avg
42.63%
3Y Avg
55.72%
5Y Avg
66.29%
Market Cap
$699.00M
Gross Margin
N/A
TTM Avg
N/A
3Y Avg
N/A
5Y Avg
N/A
Market Cap
$637.68M
Gross Margin
87.06%
TTM Avg
87.03%
3Y Avg
83.31%
5Y Avg
84.77%
Market Cap
$312.56M
Gross Margin
84.12%
TTM Avg
83.56%
3Y Avg
104.03%
5Y Avg
81.56%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nuveen Quality Municipal Income Fund (NAD) | $2.36B | 86.34% | 89.47% | 89.16% | 79.86% |
| iShares Core 80/20 Aggressive Allocation ETF (AOA)vs › | $3.23B | N/A | N/A | N/A | N/A |
| Lufax Holding Ltd (LU)vs › | $1.08B | 74.93% | 74.93% | 74.92% | 76.18% |
| Sezzle Inc. (SEZL)vs › | $3.75B | 90.80% | 73.66% | 55.09% | 57.26% |
| Washington Trust Bancorp, Inc. (WASH)vs › | $745.83M | 57.83% | 42.63% | 55.72% | 66.29% |
| WisdomTree Artificial Intelligence and Innovation Fund (WTAI)vs › | $699.00M | N/A | N/A | N/A | N/A |
| BlackRock Multi-Sector Income Trust (BIT)vs › | $637.68M | 87.06% | 87.03% | 83.31% | 84.77% |
| Hypoport SE (HYPOF)vs › | $630.67M | 15.50% | 29.28% | 39.55% | 44.73% |
| BlackRock Floating Rate Income Trust (BGT)vs › | $312.56M | 84.12% | 83.56% | 104.03% | 81.56% |
| Isabella Bank Corporation (ISBA)vs › | $281.79M | 67.66% | 67.59% | 75.75% | 78.81% |
Gross Margin
86.3%
(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 |
|---|---|
| 2026-04-30 | 87.37% |
| 2025-10-31 | 81.04% |
| 2025-04-30 | 100.00% |
| 2024-10-31 | 86.81% |
| 2024-04-30 | 118.87% |
| 2023-10-31 | 50.00% |
| 2023-04-30 | 100.00% |
| 2022-10-31 | 6.15% |
| 2022-04-30 | 77.54% |
| 2021-10-31 | 84.73% |
| 2021-04-30 | 85.99% |
| 2020-10-31 | 100.00% |
| 2020-04-30 | 100.00% |
| 2019-10-31 | 86.40% |
| 2019-04-30 | 27.51% |
| 2018-10-31 | 30.41% |
| 2018-04-30 | 34.69% |
| 2017-10-31 | 100.00% |
| 2017-04-30 | 100.00% |
| 2016-10-31 | 100.00% |
| 2016-04-30 | 100.00% |
| 2015-10-31 | 100.00% |
| 2015-04-30 | 100.00% |
| 2014-10-31 | 100.00% |
| 2014-04-30 | 100.00% |
| 2013-10-31 | 100.00% |
| 2013-04-30 | 100.00% |
| 2012-10-31 | 100.00% |
| 2012-04-30 | 100.00% |
