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 23.88% is in line with its 5-year average of 24.71%, around the middle of its 5-year range (-14.69%–73.06%).
As of the fiscal period ended Tuesday, March 31, 2026. 1.20% above its 12-month average of 23.60%.
Reported quarterly gross margin; no daily interpolation. Q1 FY2026 (2026-03-31): 23.88%.
GROSS MARGIN
23.88%
GROSS MARGIN AVG TTM
23.60%
GROSS MARGIN AVG 3Y
24.89%
GROSS MARGIN AVG 5Y
24.71%
GROSS MARGIN AVG 10Y
N/A
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
+1.20%
CURRENT VS 3Y AVG
-4.07%
CURRENT VS 5Y AVG
-3.37%
CURRENT VS 10Y AVG
N/A
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · INDUSTRIALS
26.47%
median of 471 covered companies
CURRENT VS SECTOR MEDIAN
-9.78%
vs the sector median at left
Market Cap
$174.78M
Gross Margin
-166.86%
TTM Avg
-99.83%
3Y Avg
-57.61%
5Y Avg
-42.55%
Market Cap
$192.69M
Gross Margin
15.15%
TTM Avg
16.44%
3Y Avg
16.62%
5Y Avg
17.88%
Market Cap
$193.53M
Gross Margin
41.16%
TTM Avg
45.22%
3Y Avg
44.29%
5Y Avg
37.07%
Market Cap
$153.72M
Gross Margin
N/A
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Toro Corp. (TORO) | $178.26M | 23.88% | 23.60% | 24.89% | 24.71% |
| Sidus Space, Inc. (SIDU)vs › | $174.78M | -166.86% | -99.83% | -57.61% | -42.55% |
| Draganfly Inc. (DPRO)vs › | $182.30M | 13.72% | 19.20% | 20.07% | 26.35% |
| Ampco-Pittsburgh Corp. (AP)vs › | $192.69M | 15.15% | 16.44% | 16.62% | 17.88% |
| Roze AI Inc. (RZAI)vs › | $163.49M | N/A | N/A | N/A | N/A |
| Taylor Devices, Inc. (TAYD)vs › | $193.53M | 41.16% | 45.22% | 44.29% | 37.07% |
| EuroDry Ltd. (EDRY)vs › | $158.23M | 12.27% | 23.17% | 29.32% | 32.10% |
| NeoVolta Inc (NEOV)vs › | $156.76M | 13.21% | 15.54% | 17.57% | 16.44% |
| VisionWave Holdings, Inc. (VWAV)vs › | $153.72M | N/A | 0.00% | 0.00% | 0.00% |
| SKYX Platforms Corp. (SKYX)vs › | $152.64M | 30.19% | 29.38% | 32.59% | -35.10% |
Gross Margin
23.9%
(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 | 23.88% |
| 2025-12-31 | 3.15% |
| 2025-09-30 | 30.60% |
| 2025-06-30 | 46.16% |
| 2025-03-31 | 14.18% |
| 2024-12-31 | -14.69% |
| 2024-09-30 | 28.96% |
| 2024-06-30 | 25.15% |
| 2024-03-31 | 32.04% |
| 2023-12-31 | 33.12% |
| 2023-09-30 | 11.67% |
| 2023-06-30 | 61.85% |
| 2023-03-31 | 73.06% |
| 2022-12-31 | 69.33% |
| 2022-09-30 | 60.37% |
| 2022-06-30 | 24.52% |
| 2022-03-31 | 11.02% |
| 2021-12-31 | 15.12% |
| 2021-09-30 | 3.11% |
| 2021-06-30 | 28.53% |
| 2021-03-31 | 28.53% |
