Top 100 Stocks by Gross Margin
Top companies ranked by gross margin, latest annual filings.
What Gross Margin Means for US-listed Companies
Gross margin is revenue minus the direct cost of producing what was sold, divided by revenue, expressed as a percent. It captures what is left after the factory, the cloud bill, the shipping, and the raw materials, but before overhead, research, marketing, interest, or tax. Across US-listed firms the figure varies enormously by business model, so the same percentage can signal pricing power in one industry and thin commodity economics in another.
Why Gross Margin Matters
Gross margin is the first layer of the profitability stack and often the clearest read on pricing power, brand strength, and procurement scale. A rising gross margin tends to mean the firm is either charging more or producing more cheaply, both healthy signs. Still, gross margin alone says little about the bottom line; a firm with fat gross margins can still lose money if operating expenses run away, and accounting choices on what belongs in cost of goods differ across reporters.
What to Read Alongside
Pair gross margin with [Revenue](/financials/top-revenue-stocks/) to separate the scale question from the pricing question, [Operating Margin](/financials/top-operating-margin-stocks/) to see how efficiency holds up once overhead and research are loaded in, and [Net Margin](/financials/top-net-margin-stocks/) to check the final conversion to the bottom line.
| # | Symbol | Company | Sector | ||
|---|---|---|---|---|---|
| 1 | AMOD | Alpha Modus Holdings, Inc. | Technology | 100.00% | $0.01B |
| 2 | VICI | VICI Properties Inc. | Real Estate | 99.33% | $30.39B |
| 3 | NEON | Neonode Inc. | Technology | 98.74% | $0.03B |
| 4 | BCRX | BioCryst Pharmaceuticals, Inc. | Healthcare | 97.82% | $2.26B |
| 5 | FPS | Forgent Power Solutions, Inc. | Industrials | 97.48% | $13.34B |
| 6 | JEF | Jefferies Financial Group Inc. | Financial Services | 97.40% | $10.78B |
| 7 | CCI | Crown Castle Inc. | Real Estate | 97.35% | $39.94B |
| 8 | VRE | Veris Residential, Inc. | Real Estate | 96.78% | $1.78B |
| 9 | EXEL | Exelixis, Inc. | Healthcare | 96.39% | $12.69B |
| 10 | WINA | Winmark Corporation | Consumer Cyclical | 96.39% | $1.35B |
| 11 | FRHC | Freedom Holdings Corp. | Financial Services | 96.37% | $8.74B |
| 12 | WES | Western Midstream Partners, LP | Energy | 94.61% | $16.88B |
| 13 | MSB | Mesabi Trust | Basic Materials | 94.60% | $0.35B |
| 14 | NVAX | Novavax, Inc. | Healthcare | 93.50% | $1.80B |
| 15 | RIGL | Rigel Pharmaceuticals, Inc. | Healthcare | 93.33% | $0.56B |
| 16 | CARG | CarGurus, Inc. | Consumer Cyclical | 92.78% | $2.69B |
| 17 | INCY | Incyte Corporation | Healthcare | 92.76% | $19.33B |
| 18 | PRSU | Pursuit Attractions and Hospitality, Inc. | Consumer Cyclical | 92.35% | $1.22B |
| 19 | SMLR | Semler Scientific, Inc. | Healthcare | 91.55% | $0.31B |
| 20 | ADSK | Autodesk, Inc. | Technology | 90.98% | $48.84B |
| 21 | AWR | American States Water Company | Utilities | 90.79% | $3.03B |
| 22 | MPT | Medical Properties Trust, Inc. | Real Estate | 90.71% | $3.06B |
| 23 | NMM | Navios Maritime Partners L.P. | Industrials | 90.50% | $1.97B |
| 24 | WLTH | Wealthfront Corporation | Technology | 89.59% | $1.83B |
| 25 | ADBE | Adobe Inc. | Technology | 89.27% | $104.77B |
| 26 | LAND | Gladstone Land Corporation | Real Estate | 89.15% | $0.41B |
| 27 | DOCS | Doximity, Inc. | Healthcare | 89.09% | $3.91B |
| 28 | AUPH | Aurinia Pharmaceuticals Inc. | Healthcare | 88.46% | $1.97B |
| 29 | CRMD | CorMedix Inc. | Healthcare | 88.46% | $0.66B |
| 30 | VRSN | VeriSign, Inc. | Technology | 88.15% | $25.97B |
| 31 | DLB | Dolby Laboratories, Inc. | Industrials | 88.13% | $5.28B |
| 32 | SILA | Sila Realty Trust, Inc. | Real Estate | 87.95% | $1.67B |
| 33 | UTHR | United Therapeutics Corporation | Healthcare | 87.92% | $23.64B |
| 34 | APP | AppLovin Corporation | Communication Services | 87.86% | $205.96B |
| 35 | ABX | Abacus Global Management, Inc. | Financial Services | 87.73% | $0.86B |
| 36 | CGEN | Compugen Ltd. | Healthcare | 87.29% | $0.25B |
| 37 | NNNN | Anbio Biotechnology | Healthcare | 87.24% | $1.51B |
| 38 | FUTU | Futu Holdings Limited | Financial Services | 87.12% | $14.59B |
| 39 | STG | Sunlands Technology Group | Consumer Defensive | 86.91% | $0.08B |
| 40 | CHKP | Check Point Software Technologies Ltd. | Technology | 86.72% | $14.05B |
| 41 | ALKS | Alkermes plc | Healthcare | 86.69% | $7.03B |
| 42 | MKTW | MarketWise, Inc. | Financial Services | 86.49% | $0.05B |
| 43 | FIEE | FiEE, Inc. | Technology | 86.44% | $0.05B |
| 44 | VRTX | Vertex Pharmaceuticals Incorporated | Healthcare | 86.24% | $113.59B |
| 45 | WING | Wingstop Inc. | Consumer Cyclical | 86.22% | $4.27B |
| 46 | PINE | Alpine Income Property Trust, Inc. | Real Estate | 85.99% | $0.32B |
| 47 | STE | STERIS plc | Healthcare | 85.83% | $20.86B |
| 48 | LNT | Alliant Energy Corporation | Utilities | 85.67% | $18.50B |
| 49 | CPRX | Catalyst Pharmaceuticals, Inc. | Healthcare | 85.19% | $3.82B |
| 50 | QFIN | Qfin Holdings, Inc. | Financial Services | 84.37% | $1.96B |
| 51 | SOBO | South Bow Corporation | Energy | 84.24% | $7.50B |
| 52 | GTM | ZoomInfo Technologies Inc. | Technology | 84.03% | $0.98B |
| 53 | PTC | PTC Inc. | Technology | 83.76% | $16.02B |
| 54 | RDVT | Red Violet, Inc. | Technology | 83.74% | $0.80B |
| 55 | TRAK | ReposiTrak, Inc. | Technology | 83.72% | $0.19B |
| 56 | TGTX | TG Therapeutics, Inc. | Healthcare | 83.66% | $5.81B |
| 57 | HALO | Halozyme Therapeutics, Inc. | Healthcare | 83.62% | $7.89B |
| 58 | PAYC | Paycom Software, Inc. | Technology | 83.17% | $6.51B |
| 59 | SOFI | SoFi Technologies, Inc. | Financial Services | 83.15% | $23.37B |
| 60 | LLY | Eli Lilly and Company | Healthcare | 83.04% | $985.37B |
| 61 | ABNB | Airbnb, Inc. | Consumer Cyclical | 82.96% | $79.12B |
| 62 | QLYS | Qualys, Inc. | Technology | 82.85% | $3.85B |
| 63 | PLNT | Planet Fitness, Inc. | Consumer Cyclical | 82.61% | $4.23B |
| 64 | MDXG | MiMedx Group, Inc. | Healthcare | 82.56% | $0.55B |
| 65 | MSCI | MSCI Inc. | Financial Services | 82.44% | $45.96B |
| 66 | PLTR | Palantir Technologies Inc. | Technology | 82.37% | $375.28B |
| 67 | FICO | Fair Isaac Corporation | Technology | 82.23% | $29.00B |
| 68 | META | Meta Platforms, Inc. | Communication Services | 82.00% | $1605.58B |
| 69 | ALNY | Alnylam Pharmaceuticals, Inc. | Healthcare | 81.77% | $40.32B |
| 70 | NRIM | Northrim BanCorp, Inc. | Financial Services | 81.74% | $0.55B |
| 71 | LXP | LXP Industrial Trust | Real Estate | 81.61% | $3.04B |
| 72 | DT | Dynatrace, Inc. | Technology | 81.56% | $12.41B |
| 73 | QSG | QuantaSing Group Limited | Consumer Defensive | 81.52% | $0.33B |
| 74 | BSY | Bentley Systems, Incorporated | Technology | 81.52% | $9.92B |
| 75 | HERE | Here Group Limited | Consumer Cyclical | 81.52% | $0.11B |
| 76 | MSGM | Motorsport Games Inc. | Communication Services | 81.47% | $0.02B |
| 77 | FFIV | F5, Inc. | Technology | 81.41% | $21.63B |
| 78 | PRGS | Progress Software Corporation | Technology | 80.82% | $1.38B |
| 79 | TCOM | Trip.com Group Limited | Consumer Cyclical | 80.58% | $29.87B |
| 80 | FTNT | Fortinet, Inc. | Technology | 80.46% | $101.08B |
| 81 | INDV | Indivior Pharmaceuticals, Inc. | Healthcare | 80.23% | $4.26B |
| 82 | DBX | Dropbox, Inc. | Technology | 80.13% | $6.27B |
| 83 | CCSI | Consensus Cloud Solutions, Inc. | Technology | 79.81% | $0.63B |
| 84 | RMBS | Rambus Inc. | Technology | 79.59% | $15.73B |
| 85 | NTCT | NetScout Systems, Inc. | Technology | 79.41% | $2.98B |
| 86 | ATEN | A10 Networks, Inc. | Technology | 79.34% | $2.17B |
| 87 | EA | Electronic Arts Inc. | Communication Services | 78.97% | $50.58B |
| 88 | GILD | Gilead Sciences, Inc. | Healthcare | 78.83% | $166.90B |
| 89 | HSHP | Himalaya Shipping Ltd. | Industrials | 78.77% | $0.70B |
| 90 | NVEC | NVE Corporation | Technology | 78.73% | $0.47B |
| 91 | SPOK | Spok Holdings, Inc. | Healthcare | 78.68% | $0.22B |
No companies match this search.
How this ranking is built
Companies are ranked by gross margin as reported in their most recent annual filing with the SEC. Figures shown are in US dollars (or percent, as noted), rounded to two decimals.
- Source: annual 10-K / 20-F filings from companies trading on US exchanges (NYSE, Nasdaq, AMEX).
- Fiscal year: whichever annual period the company has most recently filed. Fiscal years don't always align with the calendar year, so the "as of FY" stamp above reflects the most common year across the table.
- Filtered out: warrants, preferred shares, and duplicate listings that share a parent company's financials.
- Update cadence: refreshed as companies file new annual reports (typically within 60–90 days of fiscal year end).
Not financial advice. This is a research tool, not a recommendation.