Soundthinking (SSTI) Gross Margin (2016 - 2026)
Soundthinking (SSTI) recorded Gross Margin of 48.29% in Q2 2026, down 5.00 percentage points from 53.29% a year earlier but up 1.71 percentage points from the prior quarter.
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Analysis
Soundthinking (SSTI) Gross Margin (2016 - 2026) Analysis & Trends
On a TTM basis, Soundthinking's Gross Margin came in at 50.07% as of Jun 30, 2026, down 5.09 percentage points year-over-year; for FY2025, it was 54.39%, down 2.34 percentage points from FY2024.
- Annual Gross Margin has declined for three straight years, with a five-year change of -4.59 percentage points (FY2020 to FY2025).
- Across earlier years, Gross Margin came in at 56.73% in FY2024 (-0.14 pp), 56.87% in FY2023 (-0.89 pp), 57.76% in FY2022 (+1.84 pp) and 55.92% in FY2021 (-3.06 pp).
- Quarterly Gross Margin has ranged from 46.57% in Q1 2026 to 60.92% in Q1 2022 over the past five years.
- On a year-over-year basis, Gross Margin rose in two of the last eight quarters, with an average year-over-year change of -4.14 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 3.76 percentage points in Q1 2024, against a drop of 11.96 percentage points in Q1 2026 at the low end.
- Per Business Quant, the preceding three quarters came in at 46.57% (Q1 2026), 50.89% (Q4 2025) and 54.32% (Q3 2025).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Palo Alto Networks | 260.66 Bn | 245.74 Bn | 2.30 Bn | 67.57% |
| 2 | CrowdStrike Holdings | 240.51 Bn | 220.92 Bn | 1.10 Bn | 74.57% |
| 3 | Fortinet | 126.28 Bn | 112.21 Bn | 1.64 Bn | 80.24% |
| 4 | Snowflake | 112.57 Bn | 99.89 Bn | 1.04 Bn | 67.02% |
| 5 | Datadog | 97.27 Bn | 78.91 Bn | 881.34 Mn | 78.59% |
| 6 | Zscaler | 36.36 Bn | 22.48 Bn | - | - |
| 7 | Okta | 35.44 Bn | 25.54 Bn | 641.00 Mn | 79.63% |
| 8 | Axon Enterprise | 31.71 Bn | 26.24 Bn | 546.45 Mn | 60.42% |
| 9 | MongoDB | 29.93 Bn | 20.40 Bn | 569.77 Mn | 73.83% |
| 10 | Soundthinking | 110.29 Mn | 62.01 Mn | 11.54 Mn | 48.29% |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 48.29% |
| Mar 31, 2026 | 46.57% |
| Dec 31, 2025 | 50.89% |
| Sep 30, 2025 | 54.32% |
| Jun 30, 2025 | 53.29% |
| Mar 31, 2025 | 58.53% |
| Dec 31, 2024 | 50.01% |
| Sep 30, 2024 | 57.97% |
| Jun 30, 2024 | 59.62% |
| Mar 31, 2024 | 58.59% |
| Dec 31, 2023 | 57.63% |
| Sep 30, 2023 | 57.35% |
| Jun 30, 2023 | 57.36% |
| Mar 31, 2023 | 54.83% |
| Dec 31, 2022 | 56.72% |
| Sep 30, 2022 | 54.87% |
| Jun 30, 2022 | 58.20% |
| Mar 31, 2022 | 60.92% |
| Dec 31, 2021 | 53.66% |
| Sep 30, 2021 | 55.18% |
API Access
Soundthinking 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=SSTI&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "SSTI", "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=SSTI&period=max&api_key=YOUR_API_KEY");
const data = await res.json();