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 44.40% is in line with its 5-year average of 42.09%, around the middle of its 5-year range (37.48%–49.73%).
0.54% above its 12-month average of 44.16%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 44.57%.
GROSS MARGIN
44.40%
GROSS MARGIN AVG TTM
44.16%
GROSS MARGIN AVG 3Y
43.29%
GROSS MARGIN AVG 5Y
42.09%
GROSS MARGIN AVG 10Y
39.79%
GROSS MARGIN AVG 15Y
39.37%
GROSS MARGIN AVG 20Y
37.42%
CURRENT VS TTM AVG
+0.54%
CURRENT VS 3Y AVG
+2.56%
CURRENT VS 5Y AVG
+5.48%
CURRENT VS 10Y AVG
+11.57%
CURRENT VS 15Y AVG
+12.78%
CURRENT VS 20Y AVG
+18.65%
SECTOR MEDIAN · TECHNOLOGY
55.20%
median of 219 covered companies
CURRENT VS SECTOR MEDIAN
-19.57%
vs the sector median at left
Market Cap
$60.05B
Gross Margin
75.13%
TTM Avg
76.03%
3Y Avg
73.62%
5Y Avg
73.62%
Market Cap
$61.44B
Gross Margin
55.85%
TTM Avg
55.44%
3Y Avg
56.17%
5Y Avg
54.79%
Market Cap
$51.11B
Gross Margin
34.29%
TTM Avg
36.62%
3Y Avg
42.13%
5Y Avg
41.22%
Market Cap
$63.89B
Gross Margin
35.43%
TTM Avg
34.50%
3Y Avg
32.89%
5Y Avg
32.65%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Nokia Oyj (NOK) | $57.25B | 44.40% | 44.16% | 43.29% | 42.09% |
| Nebius Group N.V. (NBIS)vs › | $58.27B | 68.63% | 53.08% | -14.21% | 9.17% |
| Ciena Corporation (CIEN)vs › | $55.40B | 44.07% | 42.44% | 42.57% | 43.64% |
| Astera Labs, Inc. Common Stock (ALAB)vs › | $60.05B | 75.13% | 76.03% | 73.62% | 73.62% |
| Garmin Ltd. (GRMN)vs › | $54.22B | 60.08% | 58.72% | 58.17% | 58.32% |
| NXP Semiconductors N.V. (NXPI)vs › | $61.44B | 55.85% | 55.44% | 56.17% | 54.79% |
| Strategy Inc (MSTR)vs › | $52.93B | 67.60% | 70.38% | 74.49% | 76.84% |
| STMicroelectronics N.V. (STM)vs › | $51.11B | 34.29% | 36.62% | 42.13% | 41.22% |
| TE Connectivity plc (TEL)vs › | $63.89B | 35.43% | 34.50% | 32.89% | 32.65% |
| Atlassian Corporation (TEAM)vs › | $49.35B | 84.83% | 83.84% | 82.83% | 83.09% |
Gross Margin
44.4%
(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 | 44.57% |
| 2026-03-31 | 44.21% |
| 2025-12-31 | 44.96% |
| 2025-09-30 | 43.70% |
| 2025-06-30 | 43.36% |
| 2025-03-31 | 41.55% |
| 2024-12-31 | 45.55% |
| 2024-09-30 | 46.05% |
| 2024-06-30 | 43.35% |
| 2024-03-31 | 49.73% |
| 2023-12-31 | 41.81% |
| 2023-09-30 | 40.90% |
| 2023-06-30 | 39.50% |
| 2023-03-31 | 37.48% |
| 2022-12-31 | 42.78% |
| 2022-09-30 | 40.14% |
| 2022-06-30 | 40.20% |
| 2022-03-31 | 40.56% |
| 2021-12-31 | 39.51% |
| 2021-09-30 | 40.67% |
| 2021-06-30 | 41.01% |
| 2021-03-31 | 37.92% |
| 2020-12-31 | 37.13% |
| 2020-09-30 | 37.06% |
| 2020-06-30 | 39.40% |
| 2020-03-31 | 35.33% |
| 2019-12-31 | 39.29% |
| 2019-09-30 | 34.63% |
| 2019-06-30 | 36.27% |
| 2019-03-31 | 31.40% |
| 2018-12-31 | 40.22% |
| 2018-09-30 | 36.99% |
| 2018-06-30 | 35.01% |
| 2018-03-31 | 36.66% |
| 2017-12-31 | 38.99% |
| 2017-09-30 | 39.73% |
| 2017-06-30 | 39.79% |
| 2017-03-31 | 39.51% |
| 2016-12-31 | 40.30% |
| 2016-09-30 | 37.87% |
| 2016-06-30 | 36.42% |
| 2016-03-31 | 28.62% |
| 2015-12-31 | 46.91% |
| 2015-09-30 | 43.35% |
| 2015-06-30 | 46.01% |
| 2015-03-31 | 40.34% |
| 2014-12-31 | 43.40% |
| 2014-09-30 | 42.13% |
| 2014-06-30 | 43.98% |
| 2014-03-31 | 45.53% |
| 2013-12-31 | 4.36% |
| 2013-09-30 | 42.82% |
| 2013-06-30 | 43.58% |
| 2013-03-31 | 39.30% |
| 2012-12-31 | 32.14% |
| 2012-09-30 | 27.50% |
| 2012-06-30 | 23.61% |
| 2012-03-31 | 27.66% |
| 2011-12-31 | 29.03% |
| 2011-09-30 | 28.07% |
| 2011-06-30 | 30.78% |
| 2011-03-31 | 29.63% |
| 2010-12-31 | 29.46% |
| 2010-09-30 | 28.64% |
| 2010-06-30 | 30.70% |
| 2010-03-31 | 32.33% |
| 2009-12-31 | 33.98% |
| 2009-09-30 | 31.20% |
| 2009-06-30 | 31.95% |
| 2009-03-31 | 31.30% |
| 2008-12-31 | 32.12% |
| 2008-09-30 | 35.62% |
| 2008-06-30 | 33.64% |
| 2008-03-31 | 35.76% |
| 2007-12-31 | 36.25% |
| 2007-09-30 | 34.32% |
| 2007-06-30 | 31.11% |
| 2007-03-31 | 33.10% |
| 2006-12-31 | 32.42% |
| 2006-09-30 | 30.91% |
| 2006-06-30 | 33.02% |
| 2006-03-31 | 33.91% |
| 2005-12-31 | 34.10% |
| 2005-09-30 | 33.72% |
| 2005-06-30 | 35.83% |
| 2005-03-31 | 37.03% |
| 2004-12-31 | 37.21% |
| 2004-09-30 | 36.40% |
| 2004-06-30 | 38.40% |
| 2004-03-31 | 40.48% |
| 2003-12-31 | 43.76% |
| 2003-09-30 | 40.30% |
| 2003-06-30 | 42.56% |
| 2003-03-31 | 38.63% |
| 2002-12-31 | 38.37% |
| 2002-09-30 | 37.28% |
