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 83.45% is in line with its 5-year average of 80.88%, near the high end of its 5-year range (78.38%–83.64%).
As of the fiscal period ended Tuesday, June 30, 2026. 0.25% above its 12-month average of 83.24%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 83.40%.
GROSS MARGIN
83.45%
GROSS MARGIN AVG TTM
83.24%
GROSS MARGIN AVG 3Y
82.13%
GROSS MARGIN AVG 5Y
80.88%
GROSS MARGIN AVG 10Y
79.33%
GROSS MARGIN AVG 15Y
79.31%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+0.25%
CURRENT VS 3Y AVG
+1.61%
CURRENT VS 5Y AVG
+3.18%
CURRENT VS 10Y AVG
+5.20%
CURRENT VS 15Y AVG
+5.23%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
55.20%
median of 217 covered companies
CURRENT VS SECTOR MEDIAN
+51.18%
vs the sector median at left
Market Cap
$6.42B
Gross Margin
28.40%
TTM Avg
23.49%
3Y Avg
45.67%
5Y Avg
30.45%
Market Cap
$7.28B
Gross Margin
22.38%
TTM Avg
18.16%
3Y Avg
19.53%
5Y Avg
-12.99%
Market Cap
$7.35B
Gross Margin
59.90%
TTM Avg
58.23%
3Y Avg
56.84%
5Y Avg
58.46%
Market Cap
$6.11B
Gross Margin
52.78%
TTM Avg
52.66%
3Y Avg
51.74%
5Y Avg
51.74%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Qualys, Inc. (QLYS) | $6.81B | 83.45% | 83.24% | 82.13% | 80.88% |
| Duolingo, Inc. (DUOL)vs › | $6.73B | 72.34% | 71.86% | 72.00% | 71.89% |
| UiPath Inc. (PATH)vs › | $6.95B | 82.50% | 82.86% | 83.43% | 83.99% |
| Cipher Mining Inc. (CIFR)vs › | $6.42B | 28.40% | 23.49% | 45.67% | 30.45% |
| AppFolio Inc. (APPF)vs › | $7.25B | 63.04% | 61.66% | 61.08% | 60.98% |
| Applied Digital Corp. (APLD)vs › | $7.28B | 22.38% | 18.16% | 19.53% | -12.99% |
| Plexus Corp. (PLXS)vs › | $7.30B | 10.04% | 9.82% | 9.53% | 9.49% |
| Silicon Laboratories Inc. (SLAB)vs › | $7.35B | 59.90% | 58.23% | 56.84% | 58.46% |
| Cirrus Logic, Inc. (CRUS)vs › | $6.11B | 52.78% | 52.66% | 51.74% | 51.74% |
| Camtek Ltd. (CAMT)vs › | $7.72B | 50.05% | 49.69% | 49.00% | 48.99% |
Gross Margin
83.5%
(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 |
|---|---|
| 2026-06-30 | 83.40% |
| 2026-03-31 | 83.43% |
| 2025-12-31 | 83.36% |
| 2025-09-30 | 83.64% |
| 2025-06-30 | 82.40% |
| 2025-03-31 | 81.91% |
| 2024-12-31 | 81.76% |
| 2024-09-30 | 81.26% |
| 2024-06-30 | 82.24% |
| 2024-03-31 | 81.35% |
| 2023-12-31 | 81.23% |
| 2023-09-30 | 81.17% |
| 2023-06-30 | 80.57% |
| 2023-03-31 | 79.37% |
| 2022-12-31 | 78.79% |
| 2022-09-30 | 79.30% |
| 2022-06-30 | 79.11% |
| 2022-03-31 | 78.84% |
| 2021-12-31 | 78.39% |
| 2021-09-30 | 78.58% |
| 2021-06-30 | 78.38% |
| 2021-03-31 | 77.59% |
| 2020-12-31 | 77.62% |
| 2020-09-30 | 77.85% |
| 2020-06-30 | 78.73% |
| 2020-03-31 | 78.56% |
| 2019-12-31 | 79.73% |
| 2019-09-30 | 79.31% |
| 2019-06-30 | 77.78% |
| 2019-03-31 | 76.50% |
| 2018-12-31 | 76.38% |
| 2018-09-30 | 76.96% |
| 2018-06-30 | 76.16% |
| 2018-03-31 | 75.49% |
| 2017-12-31 | 77.10% |
| 2017-09-30 | 78.60% |
| 2017-06-30 | 78.02% |
| 2017-03-31 | 76.86% |
| 2016-12-31 | 77.64% |
| 2016-09-30 | 77.86% |
| 2016-06-30 | 79.18% |
| 2016-03-31 | 79.64% |
| 2015-12-31 | 79.75% |
| 2015-09-30 | 79.37% |
| 2015-06-30 | 79.54% |
| 2015-03-31 | 78.76% |
| 2014-12-31 | 79.44% |
| 2014-09-30 | 78.39% |
| 2014-06-30 | 77.79% |
| 2014-03-31 | 77.45% |
| 2013-12-31 | 77.53% |
| 2013-09-30 | 76.88% |
| 2013-06-30 | 77.47% |
| 2013-03-31 | 76.71% |
| 2012-12-31 | 79.80% |
| 2012-09-30 | 80.18% |
| 2012-06-30 | 79.14% |
| 2012-03-31 | 80.37% |
| 2011-12-31 | 80.04% |
| 2011-09-30 | 83.35% |
| 2011-06-30 | 83.64% |
| 2011-03-31 | 83.76% |