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 74.89% is in line with its 5-year average of 73.33%, near the high end of its 5-year range (68.33%–77.10%).
0.10% below its 12-month average of 74.97%.
Reported quarterly gross margin; no daily interpolation.
GROSS MARGIN
74.89%
GROSS MARGIN AVG TTM
74.97%
GROSS MARGIN AVG 3Y
74.35%
GROSS MARGIN AVG 5Y
73.33%
GROSS MARGIN AVG 10Y
72.17%
GROSS MARGIN AVG 15Y
69.52%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.10%
CURRENT VS 3Y AVG
+0.73%
CURRENT VS 5Y AVG
+2.13%
CURRENT VS 10Y AVG
+3.77%
CURRENT VS 15Y AVG
+7.72%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
56.77%
median of 194 covered companies
CURRENT VS SECTOR MEDIAN
+31.93%
vs the sector median at left
Veeva Systems Inc.
Market Cap
$43.02B
Gross Margin
74.89%
TTM Avg
74.97%
3Y Avg
74.35%
5Y Avg
73.33%
Market Cap
$39.93B
Gross Margin
69.53%
TTM Avg
69.27%
3Y Avg
69.53%
5Y Avg
69.33%
Market Cap
$39.88B
Gross Margin
56.04%
TTM Avg
55.80%
3Y Avg
49.05%
5Y Avg
51.15%
Market Cap
$39.85B
Gross Margin
60.19%
TTM Avg
56.90%
3Y Avg
61.69%
5Y Avg
62.35%
Market Cap
$46.34B
Gross Margin
84.83%
TTM Avg
83.84%
3Y Avg
82.83%
5Y Avg
83.09%
Market Cap
$46.39B
Gross Margin
34.29%
TTM Avg
36.62%
3Y Avg
42.13%
5Y Avg
41.22%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Veeva Systems Inc. (VEEV) | $43.02B | 74.89% | 74.97% | 74.35% | 73.33% |
| Autodesk, Inc. (ADSK)vs › | $44.81B | 91.25% | 90.78% | 90.67% | 90.71% |
| Strategy Inc (MSTR)vs › | $45.16B | 67.60% | 70.38% | 74.49% | 76.84% |
| Roper Technologies, Inc. (ROP)vs › | $39.93B | 69.53% | 69.27% | 69.53% | 69.33% |
| Take-Two Interactive Software, Inc. (TTWO)vs › | $39.88B | 56.04% | 55.80% | 49.05% | 51.15% |
| Microchip Technology Incorporated (MCHP)vs › | $39.85B | 60.19% | 56.90% | 61.69% | 62.35% |
| Atlassian Corporation (TEAM)vs › | $46.34B | 84.83% | 83.84% | 82.83% | 83.09% |
| STMicroelectronics N.V. (STM)vs › | $46.39B | 34.29% | 36.62% | 42.13% | 41.22% |
| Block, Inc. (XYZ)vs › | $47.67B | 46.36% | 39.84% | 37.02% | 33.65% |
| Celestica Inc. (CLS)vs › | $37.94B | 11.59% | 11.21% | 10.21% | 9.51% |
Gross Margin
74.9%
(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 |
|---|---|
| 2026-07-31 | 75.00% |
| 2026-04-30 | 74.71% |
| 2026-01-31 | 74.46% |
| 2025-10-31 | 75.41% |
| 2025-07-31 | 75.26% |
| 2025-04-30 | 77.10% |
| 2025-01-31 | 74.89% |
| 2024-10-31 | 75.06% |
| 2024-07-31 | 74.80% |
| 2024-04-30 | 73.26% |
| 2024-01-31 | 72.42% |
| 2023-10-31 | 72.80% |
| 2023-07-31 | 71.36% |
| 2023-04-30 | 68.33% |
| 2023-01-31 | 70.83% |
| 2022-10-31 | 72.14% |
| 2022-07-31 | 71.61% |
| 2022-04-30 | 72.38% |
| 2022-01-31 | 72.01% |
| 2021-10-31 | 72.79% |
| 2021-07-31 | 73.20% |
| 2021-04-30 | 73.21% |
| 2021-01-31 | 71.31% |
| 2020-10-31 | 72.72% |
| 2020-07-31 | 72.52% |
| 2020-04-30 | 71.85% |
| 2020-01-31 | 69.72% |
| 2019-10-31 | 73.90% |
| 2019-07-31 | 73.69% |
| 2019-04-30 | 73.24% |
| 2019-01-31 | 72.23% |
| 2018-10-31 | 72.69% |
| 2018-07-31 | 71.74% |
| 2018-04-30 | 69.24% |
| 2018-01-31 | 67.75% |
| 2017-10-31 | 69.78% |
| 2017-07-31 | 69.24% |
| 2017-04-30 | 68.24% |
| 2017-01-31 | 69.05% |
| 2016-10-31 | 69.24% |
| 2016-07-31 | 67.88% |
| 2016-04-30 | 65.69% |
| 2016-01-31 | 65.22% |
| 2015-10-31 | 65.38% |
| 2015-07-31 | 65.88% |
| 2015-04-30 | 64.43% |
| 2015-01-31 | 64.19% |
| 2014-10-31 | 63.71% |
| 2014-07-31 | 62.81% |
| 2014-04-30 | 61.11% |
| 2014-01-31 | 61.22% |
| 2013-10-31 | 61.09% |
| 2013-07-31 | 61.39% |
| 2013-04-30 | 58.61% |
| 2013-01-31 | 57.87% |
| 2012-10-31 | 55.70% |
