MultiSensor AI Holdings (MSAI) Gross Margin (2023 - 2026)
MultiSensor AI Holdings (MSAI) reported Gross Margin of 45.78% for Q2 2026, up 22.17 percentage points from 23.61% a year earlier but down 10.85 percentage points from the prior quarter.
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Analysis
MultiSensor AI Holdings (MSAI) Gross Margin (2023 - 2026) Analysis & Trends
Over the twelve months ended Jun 30, 2026, MultiSensor AI Holdings' Gross Margin came in at 56.99%, up 0.54 percentage points year-over-year; for FY2025, it was 52.48%, down 12.64 percentage points from FY2024.
- Gross Margin has a three-year change of +20.78 percentage points (FY2022 to FY2025).
- By year, Gross Margin came in at 65.12% in FY2024 (+7.42 pp), 57.70% in FY2023 (+26.00 pp) and 31.70% in FY2022.
- Five-year quarterly Gross Margin spans a low of -45.47% in Q2 2023 and a high of 75.57% in Q4 2024.
- Year over year, Gross Margin gained in three of the last eight quarters, with an average year-over-year change of -1.58 percentage points.
- The high point for year-over-year Gross Margin in five years was Q2 2024 (a gain of 120.16 percentage points); the low point was Q2 2025 (a drop of 51.07 percentage points).
- Per Business Quant data, the three quarters before Q2 2026 came in at 56.63% (Q1 2026), 63.11% (Q4 2025) and 64.04% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 319.55 Bn | 304.63 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 265.46 Bn | 245.90 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 129.36 Bn | 115.29 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 115.65 Bn | 102.97 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 96.45 Bn | 78.09 Bn | 881.34 Mn | 78.59% |
| 6 | Axon Enterprise | 34.50 Bn | 29.03 Bn | 546.45 Mn | 60.42% |
| 7 | Okta | 33.79 Bn | 23.89 Bn | 641.00 Mn | 79.63% |
| 8 | Zscaler | 32.51 Bn | 18.63 Bn | - | - |
| 9 | Baidu | 29.59 Bn | -44.04 Bn | 1.47 Mn | 0.03% |
| 10 | MultiSensor AI Holdings | 10.37 Mn | -58.62 Mn | 776,000.00 | 45.78% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 45.78% |
| Mar 31, 2026 | 56.63% |
| Dec 31, 2025 | 63.11% |
| Sep 30, 2025 | 64.04% |
| Jun 30, 2025 | 23.61% |
| Mar 31, 2025 | 59.32% |
| Dec 31, 2024 | 75.57% |
| Sep 30, 2024 | 66.73% |
| Jun 30, 2024 | 74.68% |
| Mar 31, 2024 | 48.57% |
| Dec 31, 2023 | 49.13% |
| Sep 30, 2023 | 69.85% |
| Jun 30, 2023 | -45.47% |
| Mar 31, 2023 | 52.55% |
API Access
MultiSensor AI Holdings 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=MSAI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "MSAI", "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=MSAI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();