HeartCore Enterprises (HTCR) Gross Margin (2021 - 2026)
HeartCore Enterprises (HTCR) recorded Gross Margin of -21.84% in Q2 2026, down 9.58 percentage points from -12.26% a year earlier and down 27.79 percentage points from the prior quarter.
HeartCore Enterprises (HTCR) Gross Margin (2021 - 2026) Analysis & Trends
On a TTM basis, HeartCore Enterprises' Gross Margin came in at 31.28% as of Jun 30, 2026, down 39.87 percentage points year-over-year; for FY2025, it was 35.14%, down 29.73 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -9.38 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 64.87% in FY2024 (+27.94 pp), 36.93% in FY2023 (-1.07 pp), 38.00% in FY2022 (-9.93 pp) and 47.94% in FY2021 (+3.42 pp).
- The Q2 2026 figure is the lowest quarterly Gross Margin since Q4 2024.
- On a year-over-year basis, Gross Margin rose in two of the last eight quarters, with an average year-over-year change of -2.33 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 68.59 percentage points in Q3 2024, against a drop of 37.16 percentage points in Q3 2025 at the low end.
- Per Business Quant, the preceding three quarters came in at 5.94% (Q1 2026), 28.83% (Q4 2025) and 49.11% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Accenture | 116.45 Bn | 76.86 Bn | 6.13 Bn | 32.77% |
| 2 | Cintas | 80.26 Bn | 79.45 Bn | 1.48 Bn | 50.95% |
| 3 | Iron Mountain | 33.05 Bn | 32.57 Bn | 1.07 Bn | 52.76% |
| 4 | APi | 16.57 Bn | 13.61 Bn | 703.00 Mn | 31.19% |
| 5 | Rollins | 14.72 Bn | 14.26 Bn | 569.95 Mn | 52.84% |
| 6 | Aramark | 14.30 Bn | 12.32 Bn | 430.34 Mn | 8.51% |
| 7 | UL Solutions | 13.09 Bn | 11.87 Bn | 417.00 Mn | 51.10% |
| 8 | Gartner | 11.73 Bn | 5.42 Bn | 1.19 Bn | 70.95% |
| 9 | Rentokil Initial | 10.36 Bn | 3.71 Bn | - | - |
| 10 | HeartCore Enterprises | 3.00 Mn | -14.24 Mn | -70,215.00 | -21.84% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | -21.84% |
| Mar 31, 2026 | 5.94% |
| Dec 31, 2025 | 28.83% |
| Sep 30, 2025 | 49.11% |
| Jun 30, 2025 | -12.26% |
| Mar 31, 2025 | 25.98% |
| Dec 31, 2024 | -24.48% |
| Sep 30, 2024 | 86.26% |
| Jun 30, 2024 | 19.82% |
| Mar 31, 2024 | 40.27% |
| Dec 31, 2023 | 2.92% |
| Sep 30, 2023 | 17.67% |
| Jun 30, 2023 | 29.60% |
| Mar 31, 2023 | 64.49% |
| Dec 31, 2022 | 23.43% |
| Sep 30, 2022 | 17.58% |
| Jun 30, 2022 | 49.92% |
| Mar 31, 2022 | 53.63% |
| Dec 31, 2021 | 46.75% |
| Sep 30, 2021 | 48.53% |
HeartCore Enterprises 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=HTCR&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "HTCR", "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=HTCR&period=max&api_key=YOUR_API_KEY");
const data = await res.json();