Track (TRCK) Gross Margin (2009 - 2026)
Track (TRCK) reported Gross Margin of 50.21% for Q1 2026, up 96.0% on a YoY basis from 25.62% in Q1 2025, and up 7.27% quarter-over-quarter from 46.81% in Q4 2025.
Track (TRCK) Gross Margin (2009 - 2026) Analysis & Trends
Track has reported Gross Margin for 18 years, with the latest figure at 50.21% in Q1 2026.
- For the quarter ending Q1 2026, Gross Margin rose 96.0% year-over-year to 50.21%; the trailing twelve-month figure through Mar 2026 stood at 48.87% (down 2.0% YoY), and the FY2025 full-year result was 49.69%, up 304.0% from the prior year.
- Gross Margin for Q1 2026 stood at 50.21%, up from 46.81% in the prior quarter.
- The five-year high for Gross Margin was 51.04% in Q4 2024, with the low at 40.86% in Q2 2023.
- Historically, Gross Margin has averaged 46.82% across 5 years, with a median of 46.88% in 2023.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 1050 bps — and 2024, when it jumped 588 bps.
- Track's Gross Margin stood at 47.21% in 2022, then slipped by 1 bps to 46.88% in 2023, then gained by 9 bps to 51.04% in 2024, then decreased by 8 bps to 46.81% in 2025, then climbed by 7 bps to 50.21% in 2026.
- The last three Gross Margin figures came in at 50.21% (Q1 2026), 46.81% (Q4 2025), and 48.0% (Q3 2025), per Business Quant data.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 67.67 Bn | 66.37 Bn | 679.95 Mn | 37.66% |
| 2 | Keysight Technologies | 57.00 Bn | 54.83 Bn | 995.00 Mn | 62.19% |
| 3 | Garmin | 45.82 Bn | 43.12 Bn | 1.04 Bn | 59.44% |
| 4 | Teledyne Technologies | 28.64 Bn | 28.34 Bn | 673.80 Mn | 43.19% |
| 5 | Mks | 21.67 Bn | 21.10 Bn | 507.00 Mn | 47.03% |
| 6 | Fortive | 19.42 Bn | 19.07 Bn | 675.50 Mn | 63.17% |
| 7 | Trimble | 12.42 Bn | 12.19 Bn | 646.30 Mn | 68.76% |
| 8 | Cognex | 10.23 Bn | 9.94 Bn | 190.94 Mn | 71.13% |
| 9 | Esco Technologies | 7.86 Bn | 7.77 Bn | 131.32 Mn | 42.45% |
| 10 | Track | - | - | 4.49 Mn | 50.21% |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2026 | 50.21% |
| Dec 31, 2025 | 46.81% |
| Sep 30, 2025 | 48.00% |
| Jun 30, 2025 | 50.50% |
| Mar 31, 2025 | 49.26% |
| Dec 31, 2024 | 51.04% |
| Sep 30, 2024 | 48.95% |
| Jun 30, 2024 | 46.48% |
| Mar 31, 2024 | 44.12% |
| Dec 31, 2023 | 46.88% |
| Sep 30, 2023 | 43.06% |
| Jun 30, 2023 | 40.86% |
| Mar 31, 2023 | 45.05% |
| Dec 31, 2022 | 47.21% |
| Sep 30, 2022 | 45.43% |
| Jun 30, 2022 | 44.17% |
| Mar 31, 2022 | 47.86% |
| Dec 31, 2021 | 50.03% |
| Sep 30, 2021 | 47.81% |
| Jun 30, 2021 | 54.68% |