Cambium Networks (CMBMF) Gross Margin (2018 - 2026)
Cambium Networks (CMBMF) recorded Gross Margin of 50.84% in Q1 2026, up 7.53 percentage points from 43.30% a year earlier and up 11.62 percentage points from the prior quarter.
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Analysis
Cambium Networks (CMBMF) Gross Margin (2018 - 2026) Analysis & Trends
On a TTM basis, Cambium Networks' Gross Margin came in at 42.36% as of Mar 31, 2026, up 3.61 percentage points year-over-year; for FY2025, it came in at 40.20%, up 4.70 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -9.87 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 35.50% in FY2024 (+1.61 pp), 33.88% in FY2023 (-15.00 pp), 48.89% in FY2022 (+1.01 pp) and 47.88% in FY2021 (-2.19 pp).
- The Q1 2026 figure is the highest quarterly Gross Margin since Q4 2020.
- On a year-over-year basis, Gross Margin rose in six of the last eight quarters, with an average year-over-year change of +7.30 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 21.38 percentage points in Q4 2024, against a drop of 33.75 percentage points in Q4 2023 at the low end.
- Per Business Quant, the preceding three quarters came in at 39.21% (Q4 2025), 38.23% (Q3 2025) and 40.77% (Q2 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,865.08 Bn | 4,612.57 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 424.71 Bn | 360.64 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 344.52 Bn | 300.28 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 256.79 Bn | 210.25 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 254.02 Bn | 242.55 Bn | 7.58 Bn | 84.57% |
| 6 | Seagate Technology Holdings | 209.18 Bn | 204.17 Bn | 1.90 Bn | 52.30% |
| 7 | Western Digital | 164.06 Bn | 152.19 Bn | 2.03 Bn | 54.12% |
| 8 | Sony | 144.83 Bn | 95.22 Bn | 6.53 Bn | 36.70% |
| 9 | Lumentum Holdings | 86.05 Bn | 77.87 Bn | 477.30 Mn | 47.43% |
| 10 | Cambium Networks | 290,087.40 | -42.40 Mn | 22.65 Mn | 50.84% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 50.84% |
| Dec 31, 2025 | 39.21% |
| Sep 30, 2025 | 38.23% |
| Jun 30, 2025 | 40.77% |
| Mar 31, 2025 | 43.30% |
| Dec 31, 2024 | 36.58% |
| Sep 30, 2024 | 43.59% |
| Jun 30, 2024 | 32.51% |
| Mar 31, 2024 | 29.76% |
| Dec 31, 2023 | 15.21% |
| Sep 30, 2023 | 26.70% |
| Jun 30, 2023 | 38.97% |
| Mar 31, 2023 | 47.41% |
| Dec 31, 2022 | 48.95% |
| Sep 30, 2022 | 50.70% |
| Jun 30, 2022 | 48.26% |
| Mar 31, 2022 | 47.12% |
| Dec 31, 2021 | 43.85% |
| Sep 30, 2021 | 47.44% |
| Jun 30, 2021 | 49.72% |
API Access
Cambium Networks Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CMBMF&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CMBMF", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CMBMF&period=max&api_key=YOUR_API_KEY");
const data = await res.json();