Covista (CVSA) Gross Margin (2009 - 2026)
Covista (CVSA) posted quarterly 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 reported Gross Margin for 18 consecutive years, with 56.73% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin fell 38.0% year-over-year to 56.73%; the TTM figure through Mar 2026 stood at 571.37% (down 18873.0% YoY), while the FY2023 annual figure was 55.3%, up 305.0% from the prior year.
- Gross Margin retreated to 56.73% in Q1 2026 per CVSA's latest filing, from 59.19% in the prior quarter.
- Across five years, Gross Margin topped out at 115.54% in Q2 2024 and bottomed at 54.28% in Q3 2023.
- Historically, Gross Margin has averaged 63.11% across 5 years, with a median of 56.24% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin surged 29598 bps — and 2023, when it sank 65 bps.
- Covista's Gross Margin stood at 56.09% in 2022, then advanced by 0 bps to 56.24% in 2023, then rose by 4 bps to 58.31% in 2024, then increased by 2 bps to 59.19% in 2025, then declined 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.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | New Oriental Education & Technology | 84.71 Bn | 82.71 Bn | 812.22 Mn | 53.10% |
| 2 | 51Talk Online Education | 7.32 Bn | 7.28 Bn | 22.97 Mn | 73.66% |
| 3 | Laureate Education | 5.21 Bn | 5.05 Bn | 237.67 Mn | 38.59% |
| 4 | Graham Holdings | 4.98 Bn | 3.74 Bn | 777.03 Mn | 59.66% |
| 5 | Covista | 4.66 Bn | 4.66 Bn | 284.63 Mn | 56.77% |
| 6 | Grand Canyon Education | 3.78 Bn | 3.50 Bn | 204.08 Mn | 77.29% |
| 7 | Stride | 3.50 Bn | 2.55 Bn | 217.28 Mn | 34.16% |
| 8 | McGraw Hill | 2.38 Bn | 2.13 Bn | 388.89 Mn | 83.86% |
| 9 | TAL Education | 2.28 Bn | -401.26 Mn | 227.32 Mn | 52.92% |
| 10 | Youdao | 2.08 Bn | 2.00 Bn | 87.31 Mn | 44.68% |
Historic Data
Download Data| Date | Value |
|---|---|
| Jun 30, 2026 | 56.77% |
| Mar 31, 2026 | 56.73% |
| Dec 31, 2025 | 59.19% |
| Sep 30, 2025 | 56.57% |
| Jun 30, 2025 | 114.94% |
| Mar 31, 2025 | 57.11% |
| Dec 31, 2024 | 58.31% |
| Sep 30, 2024 | 55.44% |
| Jun 30, 2024 | 115.54% |
| 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 | -239.89% |
| Sep 30, 2021 | 47.40% |