17 Education & Technology (YQ) Gross Margin (2019 - 2026)
17 Education & Technology's Gross Margin was 69.17% in Q2 2026, up 11.66 percentage points from 57.51% a year earlier and up 7.25 percentage points from the prior quarter.
17 Education & Technology (YQ) Gross Margin (2019 - 2026) Analysis & Trends
On a trailing twelve-month basis, 17 Education & Technology's Gross Margin was 61.31% through Jun 30, 2026, up 11.52 percentage points year-over-year; for FY2025, it came in at 47.75%, up 11.17 percentage points from FY2024.
- Gross Margin shows a five-year change of -13.96 percentage points (FY2020 to FY2025).
- In earlier years, Gross Margin was 36.58% in FY2024 (-10.62 pp), 47.20% in FY2023 (-13.97 pp), 61.17% in FY2022 (+1.37 pp) and 59.80% in FY2021 (-1.91 pp).
- The Q2 2026 figure marks the highest quarterly Gross Margin since Q3 2022.
- Compared with a year earlier, Gross Margin has increased for three straight quarters, with an average year-over-year change of +9.55 percentage points over the last eight quarters.
- The best year-over-year quarter for Gross Margin over five years was Q2 2025 (a gain of 41.53 percentage points); the worst was Q1 2023 (a drop of 36.31 percentage points).
- Per Business Quant data, YQ's Gross Margin in the three quarters before Q2 2026 was 61.92% (Q1 2026), 46.07% (Q4 2025) and 51.23% (Q3 2025).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 77.21% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 27.04% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 81.74% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 69.43% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 72.62% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 56.53% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 78.70% |
| 10 | 17 Education & Technology | 36.98 Mn | -186.12 Mn | 9.19 Mn | 69.17% |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2026 | 69.17% |
| Mar 31, 2026 | 61.92% |
| Dec 31, 2025 | 46.07% |
| Sep 30, 2025 | 51.23% |
| Jun 30, 2025 | 57.51% |
| Mar 31, 2025 | 36.14% |
| Dec 31, 2024 | 33.57% |
| Sep 30, 2024 | 60.94% |
| Jun 30, 2024 | 15.98% |
| Mar 31, 2024 | 38.45% |
| Dec 31, 2023 | 43.45% |
| Sep 30, 2023 | 54.09% |
| Jun 30, 2023 | 48.35% |
| Mar 31, 2023 | 24.37% |
| Dec 31, 2022 | 52.12% |
| Sep 30, 2022 | 74.54% |
| Jun 30, 2022 | 52.23% |
| Mar 31, 2022 | 60.68% |
| Dec 31, 2021 | 64.76% |
| Sep 30, 2021 | 49.39% |
17 Education & Technology 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=YQ&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "YQ", "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=YQ&period=max&api_key=YOUR_API_KEY");
const data = await res.json();