Sangoma Technologies (SANG) Gross Margin (2020 - 2026)
Sangoma Technologies (SANG) posted Gross Margin of 71.3% for Q1 2026, down 4.08% on a QoQ basis from 74.34% in Q4 2025, and up 235.0% year-over-year from 21.28% in Q1 2025.
Analysis
Sangoma Technologies (SANG) Gross Margin (2020 - 2026) Analysis & Trends
Sangoma Technologies has reported Gross Margin for 7 years, with the latest figure at 71.3% in Q1 2026.
- On a quarterly basis, Gross Margin rose 235.0% year-over-year to 71.3% in Q1 2026; TTM through Mar 2026 was 71.23%, a 260.0% increase from a year earlier, with the FY2025 full-year figure at 68.34%, down 155.0% from the prior year.
- Gross Margin was 71.3% for Q1 2026 at Sangoma Technologies, down from 74.34% in the prior quarter.
- The five-year high for Gross Margin was 74.34% in Q4 2025, with the low at 66.33% in Q2 2023.
- Average Gross Margin over 5 years is 69.5%, with a median of 68.98% recorded in 2022.
- The sharpest annual moves came in 2022 and 2025: Gross Margin sank 454 bps in 2022, then jumped 584 bps in 2025.
- Over 5 years, Gross Margin stood at 68.98% in 2022, then rose by 2 bps to 70.63% in 2023, then dropped by 3 bps to 68.49% in 2024, then grew by 9 bps to 74.34% in 2025, then declined by 4 bps to 71.3% in 2026.
- The last three Gross Margin figures came in at 71.3% (Q1 2026), 74.34% (Q4 2025), and 72.43% (Q3 2025), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 34.41 Bn | 31.76 Bn | 725.87 Mn | 48.42% |
| 2 | Zoom Communications | 28.30 Bn | 21.05 Bn | 985.50 Mn | 77.16% |
| 3 | Nice | 6.33 Bn | 5.97 Bn | 995.81 Mn | 64.21% |
| 4 | RingCentral | 5.92 Bn | 5.81 Bn | 472.31 Mn | 71.89% |
| 5 | Five9 | 2.35 Bn | 1.70 Bn | 166.74 Mn | 53.37% |
| 6 | Bandwidth | 1.40 Bn | 1.23 Bn | 78.54 Mn | 35.72% |
| 7 | Consensus Cloud Solutions | 666.02 Mn | 567.11 Mn | 73.07 Mn | 79.98% |
| 8 | Ooma | 629.68 Mn | 612.15 Mn | 50.99 Mn | 61.26% |
| 9 | Agora | 376.18 Mn | 300.33 Mn | 25.74 Mn | 63.67% |
| 10 | Sangoma Technologies | 128.63 Mn | 128.63 Mn | 36.36 Mn | 71.30% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Mar 31, 2026 | 71.30% |
| Dec 31, 2025 | 74.34% |
| Sep 30, 2025 | 72.43% |
| Jun 30, 2025 | 67.45% |
| Mar 31, 2025 | 68.95% |
| Dec 31, 2024 | 68.49% |
| Sep 30, 2024 | 68.46% |
| Jun 30, 2024 | 68.61% |
| Mar 31, 2024 | 70.44% |
| Dec 31, 2023 | 70.63% |
| Sep 30, 2023 | 69.85% |
| Jun 30, 2023 | 66.33% |
| Mar 31, 2023 | 70.78% |
| Dec 31, 2022 | 68.98% |
| Sep 30, 2022 | 67.66% |
| Jun 30, 2022 | 67.06% |
| Mar 31, 2022 | 69.71% |
| Dec 31, 2021 | 72.10% |
| Sep 30, 2021 | 71.59% |
| Jun 30, 2021 | 71.60% |