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 67.20% is 11% above its 5-year average of 60.48%, near the high end of its 5-year range (52.24%–70.47%).
0.94% above its 12-month average of 66.58%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 70.47%.
GROSS MARGIN
67.20%
GROSS MARGIN AVG TTM
66.58%
GROSS MARGIN AVG 3Y
62.84%
GROSS MARGIN AVG 5Y
60.48%
GROSS MARGIN AVG 10Y
56.96%
GROSS MARGIN AVG 15Y
59.95%
GROSS MARGIN AVG 20Y
64.12%
CURRENT VS TTM AVG
+0.94%
CURRENT VS 3Y AVG
+6.94%
CURRENT VS 5Y AVG
+11.10%
CURRENT VS 10Y AVG
+17.98%
CURRENT VS 15Y AVG
+12.09%
CURRENT VS 20Y AVG
+4.80%
SECTOR MEDIAN · TECHNOLOGY
55.20%
median of 225 covered companies
CURRENT VS SECTOR MEDIAN
+21.74%
vs the sector median at left
Market Cap
$74.27B
Gross Margin
49.97%
TTM Avg
50.57%
3Y Avg
49.34%
5Y Avg
49.24%
Market Cap
$70.73B
Gross Margin
55.20%
TTM Avg
55.25%
3Y Avg
56.25%
5Y Avg
56.16%
Market Cap
$65.73B
Gross Margin
64.69%
TTM Avg
62.50%
3Y Avg
63.32%
5Y Avg
62.57%
Market Cap
$65.53B
Gross Margin
30.60%
TTM Avg
30.79%
3Y Avg
35.41%
5Y Avg
32.92%
Market Cap
$84.45B
Gross Margin
41.67%
TTM Avg
34.81%
3Y Avg
30.08%
5Y Avg
35.41%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| NetEase, Inc. (NTES) | $74.83B | 67.20% | 66.58% | 62.84% | 60.48% |
| Motorola Solutions, Inc. (MSI)vs › | $74.27B | 49.97% | 50.57% | 49.34% | 49.24% |
| Intuit Inc. (INTU)vs › | $76.89B | 80.94% | 80.47% | 79.45% | 80.23% |
| Monolithic Power Systems, Inc. (MPWR)vs › | $70.73B | 55.20% | 55.25% | 56.25% | 56.16% |
| Teradyne, Inc. (TER)vs › | $70.20B | 59.31% | 58.52% | 58.41% | 58.41% |
| Coherent, Inc. (COHR)vs › | $65.94B | 37.50% | 36.45% | 34.60% | 35.75% |
| Keysight Technologies, Inc. (KEYS)vs › | $65.73B | 64.69% | 62.50% | 63.32% | 62.57% |
| United Microelectronics Corporation (UMC)vs › | $65.53B | 30.60% | 30.79% | 35.41% | 32.92% |
| Lumentum Holdings Inc. (LITE)vs › | $84.45B | 41.67% | 34.81% | 30.08% | 35.41% |
| TE Connectivity plc (TEL)vs › | $63.89B | 35.43% | 34.50% | 32.89% | 32.65% |
Gross Margin
67.2%
(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 | 70.47% |
| 2026-03-31 | 69.36% |
| 2025-12-31 | 64.23% |
| 2025-09-30 | 64.10% |
| 2025-06-30 | 64.72% |
| 2025-03-31 | 64.10% |
| 2024-12-31 | 60.84% |
| 2024-09-30 | 62.86% |
| 2024-06-30 | 62.95% |
| 2024-03-31 | 63.37% |
| 2023-12-31 | 61.99% |
| 2023-09-30 | 62.22% |
| 2023-06-30 | 59.87% |
| 2023-03-31 | 59.48% |
| 2022-12-31 | 52.24% |
| 2022-09-30 | 56.27% |
| 2022-06-30 | 55.88% |
| 2022-03-31 | 54.49% |
| 2021-12-31 | 53.00% |
| 2021-09-30 | 53.22% |
| 2021-06-30 | 54.52% |
| 2021-03-31 | 53.87% |
| 2020-12-31 | 50.24% |
| 2020-09-30 | 52.98% |
| 2020-06-30 | 53.85% |
| 2020-03-31 | 54.96% |
| 2019-12-31 | 52.18% |
| 2019-09-30 | 53.78% |
| 2019-06-30 | 56.24% |
| 2019-03-31 | 56.10% |
| 2018-12-31 | 38.59% |
| 2018-09-30 | 57.35% |
| 2018-06-30 | 44.49% |
| 2018-03-31 | 42.01% |
| 2017-12-31 | 39.33% |
| 2017-09-30 | 47.67% |
| 2017-06-30 | 50.37% |
| 2017-03-31 | 54.86% |
| 2016-12-31 | 53.42% |
| 2016-09-30 | 57.90% |
| 2016-06-30 | 58.98% |
| 2016-03-31 | 57.95% |
| 2015-12-31 | 53.39% |
| 2015-09-30 | 57.69% |
| 2015-06-30 | 62.29% |
| 2015-03-31 | 68.00% |
| 2014-12-31 | 71.77% |
| 2014-09-30 | 72.46% |
| 2014-06-30 | 72.25% |
| 2014-03-31 | 72.19% |
| 2013-12-31 | 71.30% |
| 2013-09-30 | 74.12% |
| 2013-06-30 | 74.97% |
| 2013-03-31 | 71.82% |
| 2012-12-31 | 70.82% |
| 2012-09-30 | 68.03% |
| 2012-06-30 | 67.34% |
| 2012-03-31 | 67.72% |
| 2011-12-31 | 69.22% |
| 2011-09-30 | 67.80% |
| 2011-06-30 | 66.50% |
| 2011-03-31 | 65.67% |
| 2010-12-31 | 66.75% |
| 2010-09-30 | 68.49% |
| 2010-06-30 | 67.10% |
| 2010-03-31 | 67.04% |
| 2009-12-31 | 67.53% |
| 2009-09-30 | 72.24% |
| 2009-06-30 | 80.16% |
| 2009-03-31 | 82.70% |
| 2008-12-31 | 83.29% |
| 2008-09-30 | 79.31% |
| 2008-06-30 | 84.74% |
| 2008-03-31 | 82.54% |
| 2007-12-31 | 79.57% |
| 2007-09-30 | 81.49% |
| 2007-06-30 | 81.67% |
| 2007-03-31 | 81.39% |
| 2006-12-31 | 80.12% |
| 2006-09-30 | 82.43% |
| 2006-06-30 | 82.76% |
| 2006-03-31 | 82.68% |
| 2005-12-31 | 82.61% |
| 2005-09-30 | 83.64% |
| 2005-06-30 | 83.21% |
| 2005-03-31 | 82.03% |
| 2004-12-31 | 76.39% |
| 2004-09-30 | 79.55% |
| 2004-06-01 | 79.45% |
| 2004-03-31 | 84.77% |
| 2003-12-31 | 84.19% |
| 2003-09-30 | 87.21% |
| 2003-06-30 | 83.08% |
| 2003-03-31 | 81.95% |
| 2002-12-31 | 163.78% |
| 2002-09-30 | 100.00% |