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 79.69% is in line with its 5-year average of 85.28%, near the low end of its 5-year range (-26.28%–356.15%).
2.70% above its 12-month average of 77.60%.
Reported quarterly gross margin; no daily interpolation. Q4 FY2026 (2026-06-30): 90.35%.
GROSS MARGIN
79.69%
GROSS MARGIN AVG TTM
77.60%
GROSS MARGIN AVG 3Y
78.49%
GROSS MARGIN AVG 5Y
85.28%
GROSS MARGIN AVG 10Y
74.66%
GROSS MARGIN AVG 15Y
78.07%
GROSS MARGIN AVG 20Y
82.80%
CURRENT VS TTM AVG
+2.70%
CURRENT VS 3Y AVG
+1.53%
CURRENT VS 5Y AVG
-6.56%
CURRENT VS 10Y AVG
+6.73%
CURRENT VS 15Y AVG
+2.07%
CURRENT VS 20Y AVG
-3.75%
SECTOR MEDIAN · FINANCIAL SERVICES
0.00%
median of 324 covered companies
CURRENT VS SECTOR MEDIAN
N/A
vs the sector median at left
Gross Margin
79.7%
(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 | 90.35% |
| 2026-03-31 | 50.94% |
| 2025-12-31 | 50.77% |
| 2025-09-30 | 75.69% |
| 2025-06-30 | 120.25% |
| 2025-03-31 | 133.69% |
| 2024-12-31 | 30.86% |
| 2024-09-30 | 142.90% |
| 2024-06-30 | 55.07% |
| 2024-03-31 | 81.43% |
| 2023-12-31 | -26.28% |
| 2023-09-30 | 76.90% |
| 2023-06-30 | 33.03% |
| 2023-03-31 | 196.34% |
| 2022-12-31 | 70.10% |
| 2022-09-30 | 164.52% |
| 2022-06-30 | 356.15% |
| 2022-03-31 | 87.27% |
| 2021-12-31 | 91.14% |
| 2021-09-30 | 90.22% |
| 2021-06-30 | 90.51% |
| 2021-03-31 | 90.19% |
| 2020-12-31 | 91.49% |
| 2020-09-30 | 85.72% |
| 2020-06-30 | 85.12% |
| 2020-03-31 | 122.18% |
| 2019-12-31 | 23.76% |
| 2019-09-30 | 49.69% |
| 2019-06-30 | 78.61% |
| 2019-03-31 | 75.03% |
| 2018-12-31 | 365.72% |
| 2018-09-30 | 74.77% |
| 2018-06-30 | 89.98% |
| 2018-03-31 | 61.71% |
| 2017-12-31 | 75.94% |
| 2017-09-30 | 32.92% |
| 2017-06-30 | 82.13% |
| 2017-03-31 | 39.60% |
| 2016-12-31 | 72.42% |
| 2016-09-30 | 68.39% |
| 2016-06-30 | 85.32% |
| 2016-03-31 | 66.49% |
| 2015-12-31 | 196.40% |
| 2015-09-30 | 48.25% |
| 2015-06-30 | 71.28% |
| 2015-03-31 | 67.71% |
| 2014-12-31 | 69.09% |
| 2014-09-30 | 68.18% |
| 2014-06-30 | 64.41% |
| 2014-03-31 | 73.67% |
| 2013-12-31 | 79.57% |
| 2013-09-30 | 79.51% |
| 2013-06-30 | 68.58% |
| 2013-03-31 | 70.70% |
| 2012-12-31 | 81.80% |
| 2012-09-30 | 83.92% |
| 2012-06-30 | 79.20% |
| 2012-03-31 | 165.19% |
| 2011-12-31 | 95.73% |
| 2011-09-30 | 120.40% |
| 2011-06-30 | 100.00% |
| 2011-03-31 | 121.51% |
| 2010-12-31 | 92.56% |
| 2010-09-30 | 120.08% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | 100.00% |
| 2009-12-31 | 100.00% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | -62.06% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | 100.00% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | 100.00% |
| 2007-12-31 | 100.00% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | 168.65% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | 100.00% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 100.00% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 0.00% |