Sangoma Technologies (SANG) Gross Margin (2020 - 2026)
Sangoma Technologies' (SANG) quarterly Gross Margin came in at 71.3% in Q1 2026, up 235.0% year-on-year from 21.28% in Q1 2025, and down 4.08% quarter-over-quarter from 74.34% in Q4 2025.
Sangoma Technologies (SANG) Gross Margin (2020 - 2026) Analysis & Trends
Sangoma Technologies' Gross Margin history runs 7 years deep, the most recent figure standing at 71.3% for 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 fell to 71.3% in Q1 2026 per SANG's latest filing, from 74.34% in the prior quarter.
- Across five years, Gross Margin topped out at 74.34% in Q4 2025 and bottomed at 66.33% in Q2 2023.
- The 5-year median for Gross Margin is 68.98% (2022), against an average of 69.5%.
- Across the five-year window, Gross Margin slumped 454 bps in 2022 and surged 584 bps in 2025, its largest moves.
- Year by year, Gross Margin stood at 68.98% in 2022, then increased by 2 bps to 70.63% in 2023, then slipped by 3 bps to 68.49% in 2024, then climbed by 9 bps to 74.34% in 2025, then dropped by 4 bps to 71.3% in 2026.
- Per Business Quant, the three latest SANG Gross Margin figures stand at 71.3% (Q1 2026), 74.34% (Q4 2025), and 72.43% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 2,925.10 Bn | 2,800.66 Bn | 56.06 Bn | 67.63% |
| 2 | PagSeguro Digital | 2,703.45 Bn | 2,703.45 Bn | 358.92 Mn | 37.74% |
| 3 | Oracle | 338.25 Bn | 306.36 Bn | - | - |
| 4 | Repay Holdings | 334.86 Bn | 334.72 Bn | - | - |
| 5 | Palantir Technologies | 298.00 Bn | 289.97 Bn | 1.42 Bn | 86.78% |
| 6 | Palo Alto Networks | 222.15 Bn | 217.61 Bn | 1.91 Bn | 73.59% |
| 7 | CrowdStrike Holdings | 180.62 Bn | 177.52 Bn | 993.68 Mn | 76.12% |
| 8 | Fortinet | 108.49 Bn | 105.19 Bn | 1.49 Bn | 80.29% |
| 9 | Cloudflare | 93.80 Bn | 92.86 Bn | 455.60 Mn | 71.21% |
| 10 | Sangoma Technologies | 138.23 Mn | 122.93 Mn | 36.36 Mn | 71.30% |
Historic Data
Download 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% |