Track (TRCK) Gross Margin (2009 - 2026)
Track's (TRCK) quarterly Gross Margin came in at 50.21% in Q1 2026, up 96.0% YoY from 25.62% in Q1 2025, and up 7.27% on a QoQ basis from 46.81% in Q4 2025.
Track (TRCK) Gross Margin (2009 - 2026) Analysis & Trends
Track (TRCK) has 18 years of Gross Margin data on file, last reported at 50.21% in Q1 2026.
- Quarterly Gross Margin rose 96.0% year-over-year to 50.21% in Q1 2026, while the trailing twelve-month figure through Mar 2026 was 48.87% (down 2.0% YoY) and the FY2025 annual result came in at 49.69%, up 304.0% from the prior year.
- Gross Margin rose to 50.21% in Q1 2026, from 46.81% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 51.04% in Q4 2024 to a low of 40.86% in Q2 2023.
- A 5-year average of 46.82% and a median of 46.88% in 2023 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2022 — Gross Margin tumbled 1050 bps — and 2024, when it jumped 588 bps.
- Tracing TRCK's Gross Margin over 5 years: 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 | Garmin | 56.50 Bn | 53.83 Bn | 1.26 Bn | 62.41% |
| 2 | Keysight Technologies | 54.05 Bn | 51.64 Bn | 1.18 Bn | 68.61% |
| 3 | Coherent | 51.08 Bn | 49.09 Bn | 787.08 Mn | 38.48% |
| 4 | Teledyne Technologies | 29.39 Bn | 29.05 Bn | 738.10 Mn | 44.40% |
| 5 | Mks | 19.03 Bn | 18.41 Bn | 595.00 Mn | 47.68% |
| 6 | Fortive | 18.08 Bn | 17.71 Bn | 695.30 Mn | 63.39% |
| 7 | Trimble | 13.91 Bn | 13.70 Bn | 674.90 Mn | 69.43% |
| 8 | Cognex | 9.98 Bn | 9.58 Bn | 205.77 Mn | 70.65% |
| 9 | Esco Technologies | 7.37 Bn | 7.30 Bn | 141.52 Mn | 41.74% |
| 10 | Track | 19.08 Mn | 10.69 Mn | 4.24 Mn | 46.62% |
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% |