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 46.36% is 24% above its 5-year average of 37.32%, near the high end of its 5-year range (24.38%–48.03%).
2.01% above its 12-month average of 45.45%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
46.36%
GROSS MARGIN AVG TTM
45.45%
GROSS MARGIN AVG 3Y
39.78%
GROSS MARGIN AVG 5Y
37.32%
GROSS MARGIN AVG 10Y
37.00%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+2.01%
CURRENT VS 3Y AVG
+16.54%
CURRENT VS 5Y AVG
+24.22%
CURRENT VS 10Y AVG
+25.31%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
Gross Margin
46.4%
(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 | 47.84% |
| 2026-03-31 | 48.03% |
| 2025-12-31 | 45.94% |
| 2025-09-30 | 43.53% |
| 2025-06-30 | 41.90% |
| 2025-03-31 | 39.67% |
| 2024-12-31 | 38.57% |
| 2024-09-30 | 37.65% |
| 2024-06-30 | 36.28% |
| 2024-03-31 | 35.16% |
| 2023-12-31 | 35.09% |
| 2023-09-30 | 33.80% |
| 2023-06-30 | 33.71% |
| 2023-03-31 | 34.36% |
| 2022-12-31 | 35.70% |
| 2022-09-30 | 34.70% |
| 2022-06-30 | 33.37% |
| 2022-03-31 | 32.70% |
| 2021-12-31 | 28.98% |
| 2021-09-30 | 29.47% |
| 2021-06-30 | 24.38% |
| 2021-03-31 | 19.05% |
| 2020-12-31 | 25.44% |
| 2020-09-30 | 26.19% |
| 2020-06-30 | 31.02% |
| 2020-03-31 | 38.99% |
| 2019-12-31 | 40.13% |
| 2019-09-30 | 39.48% |
| 2019-06-30 | 39.67% |
| 2019-03-31 | 41.36% |
| 2018-12-31 | 40.76% |
| 2018-09-30 | 39.98% |
| 2018-06-30 | 38.75% |
| 2018-03-31 | 38.16% |
| 2017-12-31 | 38.93% |
| 2017-09-30 | 37.36% |
| 2017-06-30 | 37.61% |
| 2017-03-31 | 37.58% |
| 2016-12-31 | 36.85% |
| 2016-09-30 | 34.24% |
| 2016-06-30 | 33.97% |
| 2016-03-31 | 29.07% |
| 2015-12-31 | 29.14% |
| 2015-09-30 | 28.99% |
| 2015-06-30 | 29.14% |
| 2015-03-31 | 29.65% |
| 2014-12-31 | 27.23% |
| 2014-09-30 | 26.88% |
| 2014-06-30 | 26.38% |
| 2014-03-31 | 25.65% |