Covista (CVSA) Gross Margin (2009 - 2026)
Covista (CVSA) reported Gross Margin of 56.73% for Q1 2026, down 38.0% year-over-year from 91.51% in Q1 2025, and down 4.15% quarter-over-quarter from 59.19% in Q4 2025.
Covista (CVSA) Gross Margin (2009 - 2026) Analysis & Trends
Covista (CVSA) has 18 years of Gross Margin data on file, last reported at 56.73% in Q1 2026.
- Gross Margin for Q1 2026 came in at 56.73%, down 38.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 57.28% (up 65.0% YoY), and the FY2025 annual result was 56.86%, up 94.0% from the prior year.
- Gross Margin eased to 56.73% in Q1 2026 per CVSA's latest filing, from 59.19% in the prior quarter.
- Over five years, Gross Margin peaked at 59.19% in Q4 2025 and troughed at 54.28% in Q3 2023.
- A 5-year average of 56.14% and a median of 56.09% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2022 and 2023: Gross Margin jumped 754 bps in 2022, then sank 65 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 56.09% in 2022, then gained by 0 bps to 56.24% in 2023, then increased by 4 bps to 58.31% in 2024, then grew by 2 bps to 59.19% in 2025, then dropped by 4 bps to 56.73% in 2026.
- Business Quant data shows CVSA's Gross Margin at 56.73% in Q1 2026, 59.19% in Q4 2025, and 56.57% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | 51Talk Online Education | 7.64 Bn | 7.60 Bn | 22.18 Mn | 72.43% |
| 2 | Graham Holdings | 4.92 Bn | 3.91 Bn | 841.00 Mn | 68.04% |
| 3 | Laureate Education | 4.86 Bn | 4.70 Bn | -16.39 Mn | -6.01% |
| 4 | Covista | 4.36 Bn | 4.35 Bn | 276.31 Mn | 56.73% |
| 5 | Stride | 4.16 Bn | 3.36 Bn | 231.57 Mn | 36.76% |
| 6 | Grand Canyon Education | 3.97 Bn | 3.72 Bn | 244.77 Mn | 79.28% |
| 7 | Universal Technical Institute | 2.35 Bn | 2.19 Bn | 103.97 Mn | 46.96% |
| 8 | Perdoceo Education | 2.13 Bn | 1.45 Bn | 174.68 Mn | 78.77% |
| 9 | Strategic Education | 1.76 Bn | 1.60 Bn | - | - |
| 10 | Lincoln Educational Services | 1.45 Bn | 1.43 Bn | 120.06 Mn | 83.40% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 56.73% |
| Dec 31, 2025 | 59.19% |
| Sep 30, 2025 | 56.57% |
| Jun 30, 2025 | 56.48% |
| Mar 31, 2025 | 57.11% |
| Dec 31, 2024 | 58.31% |
| Sep 30, 2024 | 55.44% |
| Jun 30, 2024 | 55.47% |
| Mar 31, 2024 | 57.51% |
| Dec 31, 2023 | 56.24% |
| Sep 30, 2023 | 54.28% |
| Jun 30, 2023 | 55.10% |
| Mar 31, 2023 | 55.07% |
| Dec 31, 2022 | 56.09% |
| Sep 30, 2022 | 54.94% |
| Jun 30, 2022 | 55.35% |
| Mar 31, 2022 | 54.42% |
| Dec 31, 2021 | 51.40% |
| Sep 30, 2021 | 47.40% |
| Jun 30, 2021 | 47.91% |