Latch (LTCH) Gross Margin (2020 - 2026)
Latch's Gross Margin came in at 49.05% for Q2 2026, up 6.04 percentage points from 43.01% a year earlier but down 3.29 percentage points from the prior quarter.
Powered by 
Analysis
Latch (LTCH) Gross Margin (2020 - 2026) Analysis & Trends
Over the trailing twelve months to Jun 30, 2026, Latch reported Gross Margin of 40.62%, down 1.92 percentage points year-over-year; for FY2025, it came in at 38.29%, down 5.84 percentage points from FY2024.
- Gross Margin carries a five-year change of +58.51 percentage points (FY2020 to FY2025).
- Going back by year, Gross Margin was 44.14% in FY2024 (+16.72 pp), 27.41% in FY2023 (+36.55 pp), -9.14% in FY2022 (+9.12 pp) and -18.25% in FY2021 (+1.96 pp).
- The five-year range for quarterly Gross Margin is -50.18% (Q4 2021) to 63.00% (Q3 2023).
- Year-over-year, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of -4.00 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q1 2024 (a gain of 75.97 percentage points), and the weakest in Q2 2022 (a drop of 34.07 percentage points).
- Business Quant data shows LTCH's Gross Margin at 52.34% (Q1 2026), 19.35% (Q4 2025) and 44.29% (Q3 2025) in the three quarters before Q2 2026.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 52.40 Bn | 24.65 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 26.20 Bn | 22.97 Bn | 392.58 Mn | 77.21% |
| 4 | Ptc | 22.24 Bn | 21.06 Bn | 490.47 Mn | 81.74% |
| 5 | Toast | 18.79 Bn | 11.46 Bn | 516.00 Mn | 27.04% |
| 6 | Trimble | 14.79 Bn | 13.85 Bn | 674.90 Mn | 69.43% |
| 7 | Manhattan Associates | 13.95 Bn | 12.94 Bn | 168.33 Mn | 56.53% |
| 8 | Costar | 13.71 Bn | 7.66 Bn | 728.00 Mn | 78.70% |
| 9 | Bentley Systems | 12.37 Bn | 11.82 Bn | 336.74 Mn | 81.99% |
| 10 | Latch | 25.47 Mn | -103.79 Mn | 7.66 Mn | 49.05% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 49.05% |
| Mar 31, 2026 | 52.34% |
| Dec 31, 2025 | 19.35% |
| Sep 30, 2025 | 44.29% |
| Jun 30, 2025 | 43.01% |
| Mar 31, 2025 | 47.41% |
| Dec 31, 2024 | 39.09% |
| Sep 30, 2024 | 40.65% |
| Jun 30, 2024 | 45.85% |
| Mar 31, 2024 | 53.63% |
| Dec 31, 2023 | 34.54% |
| Sep 30, 2023 | 63.00% |
| Jun 30, 2023 | 38.32% |
| Mar 31, 2023 | -22.34% |
| Dec 31, 2022 | -21.62% |
| Sep 30, 2022 | 23.01% |
| Jun 30, 2022 | -33.06% |
| Mar 31, 2022 | -2.86% |
| Dec 31, 2021 | -50.18% |
| Sep 30, 2021 | -8.55% |
API Access
Latch 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=LTCH&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "LTCH", "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=LTCH&period=max&api_key=YOUR_API_KEY");
const data = await res.json();