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 77.07% is in line with its 5-year average of 82.63%, near the low end of its 5-year range (75.27%–88.06%).
0.65% below its 12-month average of 77.58%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): 75.27%.
GROSS MARGIN
77.07%
GROSS MARGIN AVG TTM
77.58%
GROSS MARGIN AVG 3Y
81.25%
GROSS MARGIN AVG 5Y
82.63%
GROSS MARGIN AVG 10Y
85.13%
GROSS MARGIN AVG 15Y
86.54%
GROSS MARGIN AVG 20Y
N/A
CURRENT VS TTM AVG
-0.65%
CURRENT VS 3Y AVG
-5.14%
CURRENT VS 5Y AVG
-6.73%
CURRENT VS 10Y AVG
-9.47%
CURRENT VS 15Y AVG
-10.94%
CURRENT VS 20Y AVG
N/A
SECTOR MEDIAN · TECHNOLOGY
55.53%
median of 218 covered companies
CURRENT VS SECTOR MEDIAN
+38.80%
vs the sector median at left
Varonis Systems, Inc.
Market Cap
$5.46B
Gross Margin
77.07%
TTM Avg
77.58%
3Y Avg
81.25%
5Y Avg
82.63%
Market Cap
$5.29B
Gross Margin
11.88%
TTM Avg
17.80%
3Y Avg
15.37%
5Y Avg
20.15%
Market Cap
$5.27B
Gross Margin
48.18%
TTM Avg
42.49%
3Y Avg
42.95%
5Y Avg
44.91%
Market Cap
$5.66B
Gross Margin
28.33%
TTM Avg
28.62%
3Y Avg
29.92%
5Y Avg
31.41%
Market Cap
$5.07B
Gross Margin
-86.13%
TTM Avg
-16.66%
3Y Avg
30.36%
5Y Avg
36.33%
Market Cap
$6.11B
Gross Margin
52.78%
TTM Avg
52.66%
3Y Avg
51.74%
5Y Avg
51.74%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Varonis Systems, Inc. (VRNS) | $5.46B | 77.07% | 77.58% | 81.25% | 82.63% |
| Core Scientific, Inc. (CORZ)vs › | $5.29B | 11.88% | 17.80% | 15.37% | 20.15% |
| Genpact Limited (G)vs › | $5.64B | 36.58% | 35.51% | 35.31% | 35.28% |
| Kulicke and Soffa Industries, Inc. (KLIC)vs › | $5.27B | 48.18% | 42.49% | 42.95% | 44.91% |
| EPAM Systems, Inc. (EPAM)vs › | $5.66B | 28.33% | 28.62% | 29.92% | 31.41% |
| Rigetti Computing, Inc. (RGTI)vs › | $5.07B | -86.13% | -16.66% | 30.36% | 36.33% |
| Lyft, Inc. (LYFT)vs › | $5.87B | 45.52% | 41.89% | 41.63% | 42.04% |
| Cirrus Logic, Inc. (CRUS)vs › | $6.11B | 52.78% | 52.66% | 51.74% | 51.74% |
| Box, Inc. (BOX)vs › | $4.78B | 79.55% | 79.15% | 76.93% | 75.00% |
| Diodes Incorporated (DIOD)vs › | $4.77B | 31.73% | 32.22% | 36.35% | 36.27% |
Gross Margin
77.1%
(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 | 75.27% |
| 2026-03-31 | 75.99% |
| 2025-12-31 | 78.91% |
| 2025-09-30 | 78.25% |
| 2025-06-30 | 79.46% |
| 2025-03-31 | 78.73% |
| 2024-12-31 | 83.56% |
| 2024-09-30 | 83.79% |
| 2024-06-30 | 82.79% |
| 2024-03-31 | 81.28% |
| 2023-12-31 | 87.45% |
| 2023-09-30 | 85.79% |
| 2023-06-30 | 84.94% |
| 2023-03-31 | 83.57% |
| 2022-12-31 | 88.06% |
| 2022-09-30 | 86.05% |
| 2022-06-30 | 84.03% |
| 2022-03-31 | 81.50% |
| 2021-12-31 | 86.27% |
| 2021-09-30 | 85.71% |
| 2021-06-30 | 83.94% |
| 2021-03-31 | 81.97% |
| 2020-12-31 | 86.91% |
| 2020-09-30 | 85.30% |
| 2020-06-30 | 84.47% |
| 2020-03-31 | 81.21% |
| 2019-12-31 | 86.70% |
| 2019-09-30 | 86.64% |
| 2019-06-30 | 85.91% |
| 2019-03-31 | 85.23% |
| 2018-12-31 | 91.15% |
| 2018-09-30 | 89.48% |
| 2018-06-30 | 89.64% |
| 2018-03-31 | 87.97% |
| 2017-12-31 | 91.96% |
| 2017-09-30 | 89.86% |
| 2017-06-30 | 90.28% |
| 2017-03-31 | 88.43% |
| 2016-12-31 | 91.71% |
| 2016-09-30 | 89.95% |
| 2016-06-30 | 90.37% |
| 2016-03-31 | 88.53% |
| 2015-12-31 | 92.52% |
| 2015-09-30 | 90.26% |
| 2015-06-30 | 90.18% |
| 2015-03-31 | 87.68% |
| 2014-12-31 | 91.73% |
| 2014-09-30 | 89.87% |
| 2014-06-30 | 89.88% |
| 2014-03-31 | 88.30% |
| 2013-12-31 | 92.34% |
| 2013-09-30 | 91.08% |
| 2013-06-30 | 91.55% |
| 2013-03-31 | 89.28% |
| 2012-12-31 | 91.88% |
| 2012-09-30 | 90.76% |
