Cyanotech annual gross margin
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2025
Cyanotech Gross Margin Growth & History (CYAN)
Cyanotech's gross margin was 28.40% for fiscal 2025.
View full Cyanotech company overviewCyanotech annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-03-31 | 28.40% | +2.63 pp |
| 2024 | 2024-03-31 | 25.77% | −5.55 pp |
| 2023 | 2023-03-31 | 31.32% | −6.40 pp |
| 2022 | 2022-03-31 | 37.72% | +3.35 pp |
| 2021 | 2021-03-31 | 34.37% | −5.44 pp |
| 2020 | 2020-03-31 | 39.81% | +5.16 pp |
| 2019 | 2019-03-31 | 34.65% | −4.54 pp |
| 2018 | 2018-03-31 | 39.19% | +1.04 pp |
| 2017 | 2017-03-31 | 38.15% | +0.88 pp |
| 2016 | 2016-03-31 | 37.27% | −5.52 pp |
| 2015 | 2015-03-31 | 42.79% | +3.08 pp |
| 2014 | 2014-03-31 | 39.71% | +0.07 pp |
| 2013 | 2013-03-31 | 39.64% | −0.04 pp |
| 2012 | 2012-03-31 | 39.68% | +2.00 pp |
| 2011 | 2011-03-31 | 37.68% | −4.45 pp |
| 2010 | 2010-03-31 | 42.14% | — |
Cyanotech quarterly gross margin
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Q2.26
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2026 | 2025-09-30 | 34.30% | +9.00 pp |
| Q1 2026 | 2025-06-30 | 30.46% | +5.44 pp |
| Q4 2025 | 2025-03-31 | 27.65% | +16.33 pp |
| Q3 2025 | 2024-12-31 | 35.30% | +5.76 pp |
| Q2 2025 | 2024-09-30 | 25.30% | −7.46 pp |
| Q1 2025 | 2024-06-30 | 25.03% | −4.75 pp |
| Q4 2024 | 2024-03-31 | 11.32% | −14.40 pp |
| Q3 2024 | 2023-12-31 | 29.54% | −0.40 pp |
| Q2 2024 | 2023-09-30 | 32.76% | −1.80 pp |
| Q1 2024 | 2023-06-30 | 29.77% | −4.74 pp |
| Q4 2023 | 2023-03-31 | 25.72% | −9.89 pp |
| Q3 2023 | 2022-12-31 | 29.94% | −4.29 pp |
| Q2 2023 | 2022-09-30 | 34.56% | −5.38 pp |
| Q1 2023 | 2022-06-30 | 34.51% | −6.45 pp |
| Q4 2022 | 2022-03-31 | 35.61% | +6.26 pp |
| Q3 2022 | 2021-12-31 | 34.23% | +4.58 pp |
| Q2 2022 | 2021-09-30 | 39.94% | +1.43 pp |
| Q1 2022 | 2021-06-30 | 40.96% | +0.50 pp |
| Q4 2021 | 2021-03-31 | 29.35% | −6.38 pp |
| Q3 2021 | 2020-12-31 | 29.65% | −8.69 pp |
| Q2 2021 | 2020-09-30 | 38.51% | −1.32 pp |
| Q1 2021 | 2020-06-30 | 40.47% | −5.07 pp |
| Q4 2020 | 2020-03-31 | 35.73% | −1.06 pp |
| Q3 2020 | 2019-12-31 | 38.34% | −2.64 pp |
| Q2 2020 | 2019-09-30 | 39.83% | +6.97 pp |
| Q1 2020 | 2019-06-30 | 45.53% | +19.84 pp |
| Q4 2019 | 2019-03-31 | 36.79% | +13.24 pp |
| Q3 2019 | 2018-12-31 | 40.98% | −5.36 pp |
| Q2 2019 | 2018-09-30 | 32.86% | −12.08 pp |
| Q1 2019 | 2018-06-30 | 25.70% | −15.21 pp |
| Q4 2018 | 2018-03-31 | 23.55% | −13.14 pp |
| Q3 2018 | 2017-12-31 | 46.34% | +8.77 pp |
| Q2 2018 | 2017-09-30 | 44.94% | +5.55 pp |
| Q1 2018 | 2017-06-30 | 40.90% | +2.37 pp |
| Q4 2017 | 2017-03-31 | 36.69% | +3.04 pp |
| Q3 2017 | 2016-12-31 | 37.57% | −3.37 pp |
| Q2 2017 | 2016-09-30 | 39.39% | +2.99 pp |
| Q1 2017 | 2016-06-30 | 38.53% | +0.02 pp |
| Q4 2016 | 2016-03-31 | 33.65% | +1.98 pp |
| Q3 2016 | 2015-12-31 | 40.93% | −8.58 pp |
| Q2 2016 | 2015-09-30 | 36.40% | −13.12 pp |
| Q1 2016 | 2015-06-30 | 38.50% | −1.38 pp |
| Q4 2015 | 2015-03-31 | 31.67% | −1.99 pp |
| Q3 2015 | 2014-12-31 | 49.51% | +7.23 pp |
| Q2 2015 | 2014-09-30 | 49.52% | +8.52 pp |
| Q1 2015 | 2014-06-30 | 39.88% | −1.40 pp |
| Q4 2014 | 2014-03-31 | 33.67% | −5.20 pp |
| Q3 2014 | 2013-12-31 | 42.28% | +2.72 pp |
| Q2 2014 | 2013-09-30 | 41.01% | +0.46 pp |
| Q1 2014 | 2013-06-30 | 41.28% | +1.72 pp |
| Q4 2013 | 2013-03-31 | 38.86% | +4.57 pp |
| Q3 2013 | 2012-12-31 | 39.56% | −2.60 pp |
| Q2 2013 | 2012-09-30 | 40.54% | −6.04 pp |
| Q1 2013 | 2012-06-30 | 39.56% | +4.20 pp |
| Q4 2012 | 2012-03-31 | 34.30% | −0.16 pp |
| Q3 2012 | 2011-12-31 | 42.16% | +10.72 pp |
| Q2 2012 | 2011-09-30 | 46.59% | +3.50 pp |
| Q1 2012 | 2011-06-30 | 35.36% | −7.66 pp |
| Q4 2011 | 2011-03-31 | 34.46% | — |
| Q3 2011 | 2010-12-31 | 31.44% | — |
| Q2 2011 | 2010-09-30 | 43.09% | — |
| Q1 2011 | 2010-06-30 | 43.02% | — |
Cyanotech gross margin trends
Over the last five reported fiscal years, Cyanotech's gross margin decreased from 39.81% to 28.40%, a change of −11.42 percentage points. The latest reported quarter, Q2 2026, shows 34.30%.
About the metric
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
Calculation and source
How gross margin is calculated
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Cyanotech filings at SEC.gov ↗