SemiLEDs (LEDS) Gross Margin (2010 - 2026)
SemiLEDs (LEDS) recorded Gross Margin of 27.11% in fiscal Q3 2026 (quarter ended May 31, 2026), up 21.79 percentage points from 5.32% a year earlier and up 26.55 percentage points from the prior quarter.
SemiLEDs (LEDS) Gross Margin (2010 - 2026) Analysis & Trends
On a TTM basis, SemiLEDs' Gross Margin came in at 10.34% as of May 31, 2026, up 2.62 percentage points year-over-year; for FY2025 (ended Aug 31, 2025), it came in at 5.58%, down 15.64 percentage points from FY2024.
- Annual Gross Margin has a five-year change of -20.79 percentage points (FY2020 to FY2025).
- Across earlier fiscal years, Gross Margin came in at 21.22% in FY2024 (+4.38 pp), 16.84% in FY2023 (-3.01 pp), 19.86% in FY2022 (-1.26 pp) and 21.12% in FY2021 (-5.25 pp).
- The fiscal Q3 2026 figure is the highest quarterly Gross Margin since fiscal Q3 2024.
- On a year-over-year basis, Gross Margin rose in three of the last eight quarters, with an average year-over-year change of -5.19 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 26.69 percentage points in fiscal Q3 2024, against a drop of 35.72 percentage points in fiscal Q3 2025 at the low end.
- Per Business Quant, the preceding three fiscal quarters came in at 0.56% (Q2 2026), 0.70% (Q1 2026) and 1.50% (Q4 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Apple | 4,973.70 Bn | 4,721.19 Bn | 54.77 Bn | 50.06% |
| 2 | Cisco Systems | 421.27 Bn | 357.20 Bn | 11.06 Bn | 64.13% |
| 3 | Dell Technologies | 297.70 Bn | 253.45 Bn | 9.83 Bn | 20.93% |
| 4 | Arista Networks | 229.14 Bn | 182.59 Bn | 1.91 Bn | 62.93% |
| 5 | Sandisk | 200.83 Bn | 189.36 Bn | 7.58 Bn | 84.57% |
| 6 | Sony | 150.33 Bn | 87.59 Bn | 6.53 Bn | 36.70% |
| 7 | Seagate Technology Holdings | 147.86 Bn | 142.86 Bn | 1.90 Bn | 52.30% |
| 8 | Western Digital | 125.50 Bn | 113.63 Bn | 2.03 Bn | 54.12% |
| 9 | Hewlett Packard Enterprise | 74.88 Bn | 52.76 Bn | 4.93 Bn | 40.34% |
| 10 | SemiLEDs | 15.88 Mn | 386,275.73 | 2.46 Mn | 27.11% |
Historic Data
| Date | Value |
|---|---|
| May 31, 2026 | 27.11% |
| Feb 28, 2026 | 0.56% |
| Nov 30, 2025 | 0.70% |
| Aug 31, 2025 | 1.50% |
| May 31, 2025 | 5.32% |
| Feb 28, 2025 | 9.23% |
| Nov 30, 2024 | 20.62% |
| Aug 31, 2024 | 15.11% |
| May 31, 2024 | 41.04% |
| Feb 29, 2024 | 12.64% |
| Nov 30, 2023 | 14.85% |
| Aug 31, 2023 | 2.82% |
| May 31, 2023 | 14.35% |
| Feb 28, 2023 | 22.74% |
| Nov 30, 2022 | 27.32% |
| Aug 31, 2022 | 20.79% |
| May 31, 2022 | 18.83% |
| Feb 28, 2022 | 24.03% |
| Nov 30, 2021 | 13.86% |
| Aug 31, 2021 | 8.53% |
SemiLEDs 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=LEDS&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LEDS", "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=LEDS&period=max&api_key=YOUR_API_KEY");
const data = await res.json();