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 12.70% is 590% above its 5-year average of -2.59%, near the high end of its 5-year range (-87.43%–30.54%).
As of the fiscal period ended Tuesday, March 31, 2026. 210.04% above its 12-month average of -11.54%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
12.70%
GROSS MARGIN AVG TTM
-11.54%
GROSS MARGIN AVG 3Y
-10.72%
GROSS MARGIN AVG 5Y
10.31%
GROSS MARGIN AVG 10Y
5.60%
GROSS MARGIN AVG 15Y
30.43%
GROSS MARGIN AVG 20Y
28.35%
CURRENT VS TTM AVG
+210.04%
CURRENT VS 3Y AVG
+218.53%
CURRENT VS 5Y AVG
+23.20%
CURRENT VS 10Y AVG
+126.75%
CURRENT VS 15Y AVG
-58.26%
CURRENT VS 20Y AVG
-55.20%
SECTOR MEDIAN · TECHNOLOGY
57.61%
median of 176 covered companies
CURRENT VS SECTOR MEDIAN
-77.95%
vs the sector median at left
Red Cat Holdings, Inc.
Market Cap
$993.26M
Gross Margin
12.70%
TTM Avg
-11.54%
3Y Avg
-10.72%
5Y Avg
10.31%
Market Cap
$820.03M
Gross Margin
32.10%
TTM Avg
27.22%
3Y Avg
30.32%
5Y Avg
32.64%
Market Cap
$1.18B
Gross Margin
100.00%
TTM Avg
100.00%
3Y Avg
100.00%
5Y Avg
93.67%
Market Cap
$777.13M
Gross Margin
-21.00%
TTM Avg
0.40%
3Y Avg
20.36%
5Y Avg
39.09%
Market Cap
$1.23B
Gross Margin
83.93%
TTM Avg
84.20%
3Y Avg
84.21%
5Y Avg
82.66%
Market Cap
$591.31M
Gross Margin
19.34%
TTM Avg
17.71%
3Y Avg
17.21%
5Y Avg
19.36%
Market Cap
$581.30M
Gross Margin
33.16%
TTM Avg
66.58%
3Y Avg
33.29%
5Y Avg
33.29%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Red Cat Holdings, Inc. (RCAT) | $993.26M | 12.70% | -11.54% | -10.72% | 10.31% |
| PagerDuty, Inc. (PD)vs › | $1.07B | 85.02% | 83.95% | 82.71% | 83.21% |
| LightPath Technologies, Inc. (LPTH)vs › | $820.03M | 32.10% | 27.22% | 30.32% | 32.64% |
| POET Technologies Inc. (POET)vs › | $1.18B | 100.00% | 100.00% | 100.00% | 93.67% |
| HIVE Digital Technologies Ltd. (HIVE)vs › | $777.13M | -21.00% | 0.40% | 20.36% | 39.09% |
| ZoomInfo Technologies Inc. (GTM)vs › | $1.23B | 83.93% | 84.20% | 84.21% | 82.66% |
| Methode Electronics, Inc. (MEI)vs › | $591.31M | 19.34% | 17.71% | 17.21% | 19.36% |
| BTQ Technologies Corp. Common Stock (BTQ)vs › | $581.30M | 33.16% | 66.58% | 33.29% | 33.29% |
| C3.ai, Inc. (AI)vs › | $1.55B | 30.92% | 45.77% | 54.17% | 61.19% |
| Nano Dimension Ltd. (NNDM)vs › | $343.13M | 34.08% | 38.39% | 38.81% | 32.88% |
Gross Margin
12.7%
(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 |
|---|---|
| 2026-03-31 | 12.70% |
| 2025-12-31 | 4.24% |
| 2025-12-31 | -52.27% |
| 2025-09-30 | 6.61% |
| 2025-06-30 | 11.65% |
| 2025-03-31 | -52.18% |
| 2024-12-31 | -50.72% |
| 2024-10-31 | -1.53% |
| 2024-07-31 | -17.41% |
| 2024-04-30 | 16.95% |
| 2024-01-31 | 18.84% |
| 2023-10-31 | 30.54% |
| 2023-07-31 | 9.99% |
| 2023-04-30 | -87.43% |
| 2023-01-31 | -5.81% |
| 2022-10-31 | 16.57% |
| 2022-07-31 | 7.29% |
| 2022-04-30 | 25.21% |
| 2022-01-31 | 18.30% |
| 2021-10-31 | 8.19% |
| 2021-07-31 | 7.33% |
| 2021-04-30 | 15.91% |
| 2021-01-31 | 26.55% |
| 2020-10-31 | 23.15% |
| 2020-07-31 | 18.63% |
| 2020-04-30 | 16.31% |
| 2020-01-31 | 53.00% |
| 2019-10-31 | 0.00% |
| 2019-07-31 | 0.00% |
| 2019-03-31 | -674.09% |
| 2018-12-31 | -309.07% |
| 2018-09-30 | -140.17% |
| 2018-06-30 | -528.05% |
| 2018-03-31 | -140.17% |
| 2017-12-31 | 69.52% |
| 2017-09-30 | 70.00% |
| 2017-06-30 | 70.08% |
| 2017-03-31 | -645.90% |
| 2016-12-31 | 98.97% |
| 2016-09-30 | 0.00% |
| 2016-06-30 | 0.00% |
| 2016-03-31 | 100.00% |
| 2015-12-31 | 137.47% |
| 2015-09-30 | 3.42% |
| 2015-06-30 | 86.28% |
| 2015-03-31 | 5.57% |
| 2014-12-31 | -1958.80% |
| 2014-09-30 | 100.00% |
| 2014-06-30 | 100.00% |
| 2014-03-31 | -1575.06% |
| 2013-12-31 | 14.87% |
| 2013-09-30 | 11.21% |
| 2013-06-30 | 62.43% |
| 2013-03-31 | 16.31% |
| 2012-12-31 | 100.83% |
| 2012-09-30 | 3.30% |
| 2012-06-30 | 151.45% |
| 2012-03-31 | 100.00% |
| 2011-12-31 | 3650.02% |
| 2011-09-30 | 100.00% |
| 2011-06-30 | -158.48% |
| 2011-03-31 | 100.00% |
| 2010-12-31 | 73.28% |
| 2010-09-30 | 100.00% |
| 2010-06-30 | 100.00% |
| 2010-03-31 | -115.42% |
| 2009-12-31 | -47.53% |
| 2009-09-30 | 100.00% |
| 2009-06-30 | 100.00% |
| 2009-03-31 | 100.00% |
| 2008-12-31 | -97.92% |
| 2008-09-30 | 100.00% |
| 2008-06-30 | 100.00% |
| 2008-03-31 | -9610.56% |
| 2007-12-31 | 11.24% |
| 2007-09-30 | 100.00% |
| 2007-06-30 | 100.00% |
| 2007-03-31 | 100.00% |
| 2006-12-31 | -97.75% |
| 2006-09-30 | 100.00% |
| 2006-06-30 | 100.00% |
| 2006-03-31 | -8877.06% |
| 2005-12-31 | 100.00% |
| 2005-09-30 | 100.00% |
| 2005-06-30 | 100.00% |
| 2005-03-31 | 100.00% |
| 2004-12-31 | 105.60% |
| 2004-09-30 | 100.00% |
| 2004-06-30 | 100.00% |
| 2004-03-31 | 100.00% |
| 2002-06-30 | 100.00% |
