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 60.45% is in line with its 5-year average of 59.67%, near the high end of its 5-year range (57.22%–61.57%).
As of the fiscal period ended Thursday, April 30, 2026. 0.12% below its 12-month average of 60.53%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
60.45%
GROSS MARGIN AVG TTM
60.53%
GROSS MARGIN AVG 3Y
60.16%
GROSS MARGIN AVG 5Y
59.67%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.12%
CURRENT VS 3Y AVG
+0.48%
CURRENT VS 5Y AVG
+1.31%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.41%
median of 173 covered companies
CURRENT VS SECTOR MEDIAN
+7.17%
vs the sector median at left
Market Cap
$2.12B
Gross Margin
-8.25%
TTM Avg
-12.52%
3Y Avg
-8.09%
5Y Avg
6.92%
Market Cap
$2.48B
Gross Margin
10.14%
TTM Avg
10.71%
3Y Avg
12.68%
5Y Avg
13.38%
Market Cap
$1.69B
Gross Margin
7.09%
TTM Avg
-12.42%
3Y Avg
-5.56%
5Y Avg
2.26%
Market Cap
$3.20B
Gross Margin
37.81%
TTM Avg
41.17%
3Y Avg
41.46%
5Y Avg
41.69%
Market Cap
$1.26B
Gross Margin
100.00%
TTM Avg
100.00%
3Y Avg
100.00%
5Y Avg
93.67%
Market Cap
$1.19B
Gross Margin
83.93%
TTM Avg
84.20%
3Y Avg
84.21%
5Y Avg
82.66%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| nCino, Inc. (NCNO) | $2.28B | 60.45% | 60.53% | 60.16% | 59.67% |
| Asana, Inc. (ASAN)vs › | $2.17B | 88.51% | 89.19% | 89.53% | 89.20% |
| Keel Infrastructure Corp. (KEEL)vs › | $2.12B | -8.25% | -12.52% | -8.09% | 6.92% |
| Ichor Holdings, Ltd. (ICHR)vs › | $2.48B | 10.14% | 10.71% | 12.68% | 13.38% |
| Red Cat Holdings, Inc. (RCAT)vs › | $1.69B | 7.09% | -12.42% | -5.56% | 2.26% |
| C3.ai, Inc. (AI)vs › | $1.51B | 30.92% | 45.77% | 54.17% | 61.19% |
| Veeco Instruments Inc. (VECO)vs › | $3.20B | 37.81% | 41.17% | 41.46% | 41.69% |
| POET Technologies Inc. (POET)vs › | $1.26B | 100.00% | 100.00% | 100.00% | 93.67% |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.19B | 83.93% | 84.20% | 84.21% | 82.66% |
| PagerDuty, Inc. (PD)vs › | $1.09B | 85.02% | 83.95% | 82.71% | 83.21% |
Gross Margin
60.5%
(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 | 60.45% |
| 2026-01-31 | 61.41% |
| 2025-10-31 | 61.57% |
| 2025-07-31 | 59.22% |
| 2025-04-30 | 59.97% |
| 2025-01-31 | 59.67% |
| 2024-10-31 | 61.28% |
| 2024-07-31 | 59.27% |
| 2024-04-30 | 60.04% |
| 2024-01-31 | 60.22% |
| 2023-10-31 | 60.62% |
| 2023-07-31 | 59.02% |
| 2023-04-30 | 59.37% |
| 2023-01-31 | 58.85% |
| 2022-10-31 | 59.01% |
| 2022-07-31 | 58.62% |
| 2022-04-30 | 57.22% |
| 2022-01-31 | 58.26% |
| 2021-10-31 | 61.09% |
| 2021-07-31 | 60.05% |
| 2021-04-30 | 57.82% |
| 2021-01-31 | 57.29% |
| 2020-10-31 | 58.48% |
| 2020-07-31 | 53.68% |
| 2020-04-30 | 57.81% |
| 2020-01-31 | 52.28% |
| 2019-10-31 | 55.39% |
| 2019-07-31 | 53.81% |
| 2019-04-30 | 52.95% |
