Cyanotech Corp (CYAN) Gross Margin (2010 - 2025)
Cyanotech (CYAN) recorded Gross Margin of 34.30% in fiscal Q2 2026 (quarter ended Sep 30, 2025), up 9.00 percentage points from 25.30% a year earlier and up 3.84 percentage points from the prior quarter.
Cyanotech Corp (CYAN) Gross Margin (2010 - 2025) Analysis & Trends
On a TTM basis, Cyanotech's Gross Margin came in at 32.00% as of Sep 30, 2025, up 9.34 percentage points year-over-year; for FY2025 (ended Mar 31, 2025), it came in at 28.40%, up 2.63 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -11.42 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Gross Margin came in at 25.77% in FY2024 (-5.55 pp), 31.32% in FY2023 (-6.40 pp), 37.72% in FY2022 (+3.35 pp) and 34.37% in FY2021 (-5.44 pp).
- Quarterly Gross Margin has ranged from 11.31% in fiscal Q4 2024 to 40.96% in fiscal Q1 2022 over the past five years.
- On a year-over-year basis, Gross Margin has increased for four consecutive quarters, with an average year-over-year change of +1.19 percentage points over the last eight quarters.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 16.34 percentage points in fiscal Q4 2025, against a drop of 14.42 percentage points in fiscal Q4 2024 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 30.46% (Q1 2026), 27.65% (Q4 2025) and 35.30% (Q3 2025).
Peer Comparison
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2025 | 34.30% |
| Jun 30, 2025 | 30.46% |
| Mar 31, 2025 | 27.65% |
| Dec 31, 2024 | 35.30% |
| Sep 30, 2024 | 25.30% |
| Jun 30, 2024 | 25.03% |
| Mar 31, 2024 | 11.31% |
| Dec 31, 2023 | 29.54% |
| Sep 30, 2023 | 32.76% |
| Jun 30, 2023 | 29.77% |
| Mar 31, 2023 | 25.72% |
| Dec 31, 2022 | 29.94% |
| Sep 30, 2022 | 34.56% |
| Jun 30, 2022 | 34.51% |
| Mar 31, 2022 | 35.61% |
| Dec 31, 2021 | 34.23% |
| Sep 30, 2021 | 39.94% |
| Jun 30, 2021 | 40.96% |
| Mar 31, 2021 | 29.36% |
| Dec 31, 2020 | 29.65% |
Cyanotech Corp 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=CYAN&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CYAN", "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=CYAN&period=max&api_key=YOUR_API_KEY");
const data = await res.json();