Track (TRCK) Gross Margin (2009 - 2026)
Track (TRCK) posted Gross Margin of 50.21% for Q1 2026, up 7.27% quarter-over-quarter from 46.81% in Q4 2025, and up 96.0% year-on-year from 25.62% in Q1 2025.
Track (TRCK) Gross Margin (2009 - 2026) Analysis & Trends
Track (TRCK) has reported Gross Margin for 18 consecutive years, with 50.21% the latest figure, recorded in Q1 2026.
- Gross Margin for Q1 2026 came in at 50.21%, up 96.0% year-over-year; the trailing twelve-month figure through Mar 2026 was 48.87% (down 2.0% YoY), and the FY2025 annual result was 49.69%, up 304.0% from the prior year.
- Gross Margin was 50.21% for Q1 2026 at Track, up from 46.81% in the prior quarter.
- Over five years, Gross Margin peaked at 51.04% in Q4 2024 and troughed at 40.86% in Q2 2023.
- Average Gross Margin over 5 years is 46.82%, with a median of 46.88% recorded in 2023.
- Year-over-year, Gross Margin sank 1050 bps in 2022 and soared 588 bps in 2024.
- Over 5 years, Gross Margin stood at 47.21% in 2022, then fell by 1 bps to 46.88% in 2023, then grew by 9 bps to 51.04% in 2024, then declined by 8 bps to 46.81% in 2025, then rose by 7 bps to 50.21% in 2026.
- Per Business Quant data, the three most recent Gross Margin figures were 50.21% in Q1 2026, 46.81% in Q4 2025, and 48.0% in Q3 2025.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Coherent | 3,591.32 Bn | 3,590.02 Bn | 679.95 Mn | 37.66% |
| 2 | Novanta | 69.39 Bn | 69.00 Bn | 113.58 Mn | 44.07% |
| 3 | Keysight Technologies | 57.75 Bn | 55.57 Bn | 995.00 Mn | 62.19% |
| 4 | Teledyne Technologies | 30.63 Bn | 30.33 Bn | 673.80 Mn | 43.19% |
| 5 | Fortive | 19.14 Bn | 18.79 Bn | 675.50 Mn | 63.17% |
| 6 | Trimble | 12.33 Bn | 12.10 Bn | 646.30 Mn | 68.76% |
| 7 | Cognex | 11.87 Bn | 11.58 Bn | 190.94 Mn | 71.13% |
| 8 | Sensata Technologies Holding | 6.78 Bn | 6.14 Bn | 286.30 Mn | 30.63% |
| 9 | Garmin | 4.63 Bn | 1.93 Bn | 1.04 Bn | 59.44% |
| 10 | Track | 7.12 Mn | 2.02 Mn | 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% |