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 48.54% is in line with its 5-year average of 48.76%, around the middle of its 5-year range (46.96%–51.96%).
0.21% below its 12-month average of 48.64%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
48.54%
GROSS MARGIN AVG TTM
48.64%
GROSS MARGIN AVG 3Y
49.65%
GROSS MARGIN AVG 5Y
48.76%
GROSS MARGIN AVG 10Y
51.39%
GROSS MARGIN AVG 15Y
N/A
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.21%
CURRENT VS 3Y AVG
-2.23%
CURRENT VS 5Y AVG
-0.45%
CURRENT VS 10Y AVG
-5.54%
CURRENT VS 15Y AVG
N/A
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.77%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
-14.49%
vs the sector median at left
Market Cap
$32.17B
Gross Margin
67.07%
TTM Avg
68.04%
3Y Avg
64.90%
5Y Avg
62.49%
Market Cap
$31.45B
Gross Margin
78.94%
TTM Avg
77.91%
3Y Avg
77.01%
5Y Avg
76.03%
Market Cap
$39.42B
Gross Margin
56.04%
TTM Avg
55.80%
3Y Avg
49.05%
5Y Avg
51.15%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Twilio Inc. (TWLO) | $34.49B | 48.54% | 48.64% | 49.65% | 48.76% |
| Everpure, Inc. (P)vs › | $32.90B | 69.73% | 70.11% | 70.13% | 69.61% |
| Jabil Inc. (JBL)vs › | $32.79B | 9.23% | 9.07% | 8.57% | 8.23% |
| Ubiquiti Inc. (UI)vs › | $32.68B | 46.16% | 44.79% | 41.78% | 42.46% |
| NetApp, Inc. (NTAP)vs › | $36.52B | 70.63% | 70.47% | 69.45% | 68.50% |
| Credo Technology Group Holding Ltd (CRDO)vs › | $32.17B | 67.07% | 68.04% | 64.90% | 62.49% |
| Roblox Corporation (RBLX)vs › | $31.45B | 78.94% | 77.91% | 77.01% | 76.03% |
| Celestica Inc. (CLS)vs › | $39.31B | 11.59% | 11.21% | 10.21% | 9.51% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $39.42B | 56.04% | 55.80% | 49.05% | 51.15% |
| Roper Technologies, Inc. (ROP)vs › | $39.56B | 69.53% | 69.27% | 69.53% | 69.33% |
Gross Margin
48.5%
(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 | 48.42% |
| 2026-03-31 | 48.63% |
| 2025-12-31 | 48.49% |
| 2025-09-30 | 48.61% |
| 2025-06-30 | 49.07% |
| 2025-03-31 | 49.60% |
| 2024-12-31 | 50.19% |
| 2024-09-30 | 51.04% |
| 2024-06-30 | 51.35% |
| 2024-03-31 | 51.96% |
| 2023-12-31 | 49.37% |
| 2023-09-30 | 49.95% |
| 2023-06-30 | 48.74% |
| 2023-03-31 | 48.75% |
| 2022-12-31 | 46.96% |
| 2022-09-30 | 47.01% |
| 2022-06-30 | 47.20% |
| 2022-03-31 | 48.56% |
| 2021-12-31 | 47.05% |
| 2021-09-30 | 49.26% |
| 2021-06-30 | 49.52% |
| 2021-03-31 | 50.56% |
| 2020-12-31 | 51.47% |
| 2020-09-30 | 51.54% |
| 2020-06-30 | 52.17% |
| 2020-03-31 | 53.04% |
| 2019-12-31 | 52.74% |
| 2019-09-30 | 53.60% |
| 2019-06-30 | 54.54% |
| 2019-03-31 | 54.07% |
| 2018-12-31 | 52.87% |
| 2018-09-30 | 54.39% |
| 2018-06-30 | 54.02% |
| 2018-03-31 | 53.85% |
| 2017-12-31 | 52.25% |
| 2017-09-30 | 52.01% |
| 2017-06-30 | 55.84% |
| 2017-03-31 | 57.33% |
| 2016-12-31 | 58.26% |
| 2016-09-30 | 56.26% |
| 2016-06-30 | 56.28% |
| 2016-03-31 | 54.79% |
| 2015-12-31 | 56.21% |
| 2015-09-30 | 55.71% |
| 2015-06-30 | 55.66% |
| 2015-03-31 | 53.41% |
| 2014-12-31 | 50.95% |
| 2014-09-30 | 54.56% |
| 2014-06-30 | 56.31% |
| 2014-03-31 | 54.42% |