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 43.72% is 30% above its 5-year average of 33.74%, near the high end of its 5-year range (-63.20%–63.16%).
2.38% above its 12-month average of 42.70%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 43.13%.
GROSS MARGIN
43.72%
GROSS MARGIN AVG TTM
42.70%
GROSS MARGIN AVG 3Y
35.00%
GROSS MARGIN AVG 5Y
33.74%
GROSS MARGIN AVG 10Y
26.74%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+2.38%
CURRENT VS 3Y AVG
+24.93%
CURRENT VS 5Y AVG
+29.57%
CURRENT VS 10Y AVG
+63.53%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
55.53%
median of 218 covered companies
CURRENT VS SECTOR MEDIAN
-21.26%
vs the sector median at left
Ondas Holdings Inc.
Market Cap
$4.13B
Gross Margin
43.72%
TTM Avg
42.70%
3Y Avg
35.00%
5Y Avg
33.74%
Market Cap
$4.06B
Gross Margin
78.05%
TTM Avg
77.95%
3Y Avg
77.57%
5Y Avg
78.83%
Market Cap
$4.34B
Gross Margin
80.93%
TTM Avg
81.17%
3Y Avg
81.46%
5Y Avg
79.55%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Ondas Holdings Inc. (ONDS) | $4.13B | 43.72% | 42.70% | 35.00% | 33.74% |
| Clear Secure, Inc. (YOU)vs › | $4.18B | 66.66% | 63.97% | 63.35% | 63.36% |
| Tenable Holdings, Inc. (TENB)vs › | $4.06B | 78.05% | 77.95% | 77.57% | 78.83% |
| Dlocal Limited (DLO)vs › | $4.03B | 34.28% | 38.16% | 41.79% | 46.38% |
| Bill.com Holdings, Inc. (BILL)vs › | $4.34B | 80.93% | 81.17% | 81.46% | 79.55% |
| AXT, Inc. (AXTI)vs › | $4.36B | 12.73% | 18.36% | 22.80% | 26.25% |
| Workiva Inc. (WK)vs › | $3.88B | 80.21% | 77.59% | 76.64% | 76.25% |
| Wix.com Ltd. (WIX)vs › | $3.81B | 66.64% | 68.00% | 66.31% | 65.83% |
| Itron, Inc. (ITRI)vs › | $3.79B | 39.87% | 36.04% | 33.50% | 31.77% |
| Axcelis Technologies, Inc. (ACLS)vs › | $4.54B | 43.01% | 44.79% | 44.18% | 43.63% |
Gross Margin
43.7%
(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 | 43.13% |
| 2026-03-31 | 49.20% |
| 2025-12-31 | 42.28% |
| 2025-09-30 | 25.79% |
| 2025-06-30 | 53.11% |
| 2025-03-31 | 35.03% |
| 2024-12-31 | 21.40% |
| 2024-09-30 | 3.21% |
| 2024-06-30 | -19.93% |
| 2024-03-31 | -63.20% |
| 2023-12-31 | 34.82% |
| 2023-09-30 | 20.82% |
| 2023-06-30 | 56.17% |
| 2023-03-31 | 39.56% |
| 2022-12-31 | 56.13% |
| 2022-09-30 | 63.16% |
| 2022-06-30 | 52.73% |
| 2022-03-31 | 29.81% |
| 2021-12-31 | 29.07% |
| 2021-09-30 | 4.80% |
| 2021-06-30 | 34.57% |
| 2021-03-31 | 52.32% |
| 2020-12-31 | -30.37% |
| 2020-09-30 | 40.42% |
| 2020-06-30 | 53.21% |
| 2020-03-31 | 9.54% |
| 2019-12-31 | -17.54% |
| 2019-09-30 | 82.77% |
| 2019-06-30 | 73.78% |
| 2019-03-31 | 83.58% |
| 2018-12-31 | 77.18% |
| 2018-09-30 | 81.73% |
| 2018-06-30 | -83.92% |
| 2018-03-31 | 30.80% |
| 2017-12-31 | -1945.27% |
| 2017-09-30 | -49.33% |
| 2017-06-30 | -143.62% |
| 2017-03-31 | -294.04% |
| 2016-12-31 | -162.32% |
| 2016-09-30 | -53.34% |
| 2016-06-30 | -286.15% |
| 2016-03-31 | -51.69% |
| 2015-12-31 | -18.64% |
| 2015-09-30 | -42.68% |
| 2015-06-30 | 31.70% |
| 2015-03-31 | 17.42% |