Amdocs (DOX) Gross Margin (2009 - 2026)
Amdocs (DOX) posted quarterly Gross Margin of 38.84% for Q1 2026, up 72.0% year-over-year from 22.58% in Q1 2025, and up 4.86% quarter-over-quarter from 37.04% in Q4 2025.
Amdocs (DOX) Gross Margin (2009 - 2026) Analysis & Trends
Amdocs (DOX) has reported Gross Margin for 18 consecutive years, with 38.84% the latest figure, recorded in Q1 2026.
- In Q1 2026, Gross Margin rose 72.0% year-over-year to 38.84%; the TTM figure through Mar 2026 stood at 37.79% (up 124.0% YoY), while the FY2025 annual figure was 37.98%, up 291.0% from the prior year.
- Gross Margin advanced to 38.84% in Q1 2026 per DOX's latest filing, from 37.04% in the prior quarter.
- Across five years, Gross Margin topped out at 38.84% in Q1 2026 and bottomed at 34.73% in Q4 2023.
- Historically, Gross Margin has averaged 36.23% across 5 years, with a median of 35.59% in 2022.
- Annual changes were most pronounced in 2024 — Gross Margin jumped 381 bps — and 2025, when it tumbled 149 bps.
- Amdocs' Gross Margin stood at 36.17% in 2022, then dropped by 4 bps to 34.73% in 2023, then rose by 11 bps to 38.54% in 2024, then fell by 4 bps to 37.04% in 2025, then climbed by 5 bps to 38.84% in 2026.
- Business Quant data shows DOX's Gross Margin at 38.84% in Q1 2026, 37.04% in Q4 2025, and 37.41% in Q3 2025.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,576.39 Bn | 3,443.64 Bn | 60.48 Bn | 67.20% |
| 2 | Palantir Technologies | 412.58 Bn | 403.17 Bn | 1.64 Bn | 84.66% |
| 3 | Oracle | 407.66 Bn | 375.77 Bn | - | - |
| 4 | Palo Alto Networks | 299.27 Bn | 296.16 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 115.83 Bn | 111.76 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 106.65 Bn | 102.48 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 76.61 Bn | 74.41 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 51.53 Bn | 45.99 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 47.55 Bn | 41.12 Bn | 3.17 Bn | 47.84% |
| 10 | Amdocs | 6.24 Bn | 6.02 Bn | 455.25 Mn | 38.84% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 38.84% |
| Dec 31, 2025 | 37.04% |
| Sep 30, 2025 | 37.41% |
| Jun 30, 2025 | 37.86% |
| Mar 31, 2025 | 38.13% |
| Dec 31, 2024 | 38.54% |
| Sep 30, 2024 | 34.73% |
| Jun 30, 2024 | 35.21% |
| Mar 31, 2024 | 35.63% |
| Dec 31, 2023 | 34.73% |
| Sep 30, 2023 | 35.33% |
| Jun 30, 2023 | 34.95% |
| Mar 31, 2023 | 34.97% |
| Dec 31, 2022 | 36.17% |
| Sep 30, 2022 | 35.59% |
| Jun 30, 2022 | 35.51% |
| Mar 31, 2022 | 35.28% |
| Dec 31, 2021 | 35.12% |
| Sep 30, 2021 | 34.94% |
| Jun 30, 2021 | 35.35% |