Haivision Systems (TSX:HAI) Gross Margin %: 68.87% (As of Apr. 2026) — Near Median


TSX:HAI Haivision Systems Inc TSX:HAI
85 GF Score
Price C$4.45
GF Value C$5.18
Valuation Modestly Undervalued
! 4 Warning Signs
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What is Haivision Systems Gross Margin %?

Haivision Systems TSX:HAI +0.23% 85 Gross Margin % is 68.87% as of Apr. 2026, which is 7% below its 10-year median of 74.07. GuruFocus rates TSX:HAI with a GF Score™ of 85/100 and a GF Value™ of C$5.18 (Modestly Undervalued). The stock has 4 warning signs investors should review. Among 2,680 Software companies, Haivision Systems ranks better than 80.78% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Haivision Systems's Gross Profit for the three months ended in Apr. 2026 was C$22.4 Mil. Haivision Systems's Revenue for the three months ended in Apr. 2026 was C$32.5 Mil. Therefore, Haivision Systems's Gross Margin % for the quarter that ended in Apr. 2026 was 68.87%.


The historical rank and industry rank for Haivision Systems's Gross Margin % or its related term are showing as below:

TSX:HAI' s Gross Margin % Range Over the Past 10 Years
Min: 68.68   Med: 74.07   Max: 76.7
Current: 71.18


During the past 9 years, the highest Gross Margin % of Haivision Systems was 76.70%. The lowest was 68.68%. And the median was 74.07%.

TSX:HAI's Gross Margin % is ranked better than
80.78% of 2680 companies
in the Software industry
Industry Median: 40.445 vs TSX:HAI: 71.18

Haivision Systems had a gross margin of 68.87% for the quarter that ended in Apr. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Haivision Systems was -0.90% per year.


Haivision Systems  (TSX:HAI) Gross Margin % Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Haivision Systems had a gross margin of 68.87% for the quarter that ended in Apr. 2026 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Haivision Systems Gross Margin % Related Terms


Haivision Systems Gross Margin % Historical Data

* Premium members only.

The historical data trend for Haivision Systems's Gross Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Haivision Systems Gross Margin % Chart

Haivision Systems Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 74.87 68.68 70.49 73.10 72.51

Haivision Systems Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 72.95 71.96 72.96 70.49 68.87

TSX:HAI vs MSFT, ORCL, PLTR: Gross Margin % Comparison

For the Software - Infrastructure subindustry, Haivision Systems's Gross Margin %, along with its competitors' market caps and Gross Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Haivision Systems Gross Margin % vs Software Industry

For the Software industry and Technology sector, Haivision Systems's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Haivision Systems's Gross Margin % falls into.


TSX:HAI
85GF Score
Haivision Systems Inc TSX:HAI
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Haivision Systems Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Haivision Systems's Gross Margin for the fiscal year that ended in Oct. 2025 is calculated as

Gross Margin % (A: Oct. 2025 )=Gross Profit (A: Oct. 2025 ) / Revenue (A: Oct. 2025 )
=99.8 / 137.635
=(Revenue - Cost of Goods Sold) / Revenue
=(137.635 - 37.831) / 137.635
=72.51 %

Haivision Systems's Gross Margin for the quarter that ended in Apr. 2026 is calculated as


Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=22.4 / 32.535
=(Revenue - Cost of Goods Sold) / Revenue
=(32.535 - 10.127) / 32.535
=68.87 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 68.87% mean?
Haivision Systems (TSX:HAI) has a Gross Margin % of 68.87% as of Apr. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Haivision Systems and its competitors. This is near median its historical median of 74.07. Over the past decade, Haivision Systems' Gross Margin % has ranged from 68.68 to 76.70. According to the industry distribution chart, Haivision Systems ranks #515 out of 2680 companies in the Software industry, placing it in the top 19.2%.
Is Haivision Systems' Gross Margin % too high?
Haivision Systems' current Gross Margin % of 68.87% is near median its 10-year median of 74.07. Over the past 10 years, this metric has ranged from a low of 68.68 to a high of 76.70. The Software industry median Gross Margin % is 40.45. Haivision Systems' value of 68.87% is 70.3% above this industry median. Based on the distribution chart, Haivision Systems ranks #515 out of 2680 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Haivision Systems has a GF Score™ of 85/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Haivision Systems' Gross Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Haivision Systems ranks #515 out of 2680 companies for Gross Margin %. This places Haivision Systems in the top 19% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Haivision Systems' value of 68.87% is 70.3% above this benchmark. Historically, Haivision Systems' own Gross Margin % has ranged from 68.68 to 76.70 over the past decade. While the company's 10-year median is 74.07 vs. the industry median of 40.45, Haivision Systems has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,680 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Haivision Systems's current Gross Margin % of 68.87% is 70.3% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Haivision Systems and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Haivision Systems's current Gross Margin % is 68.87%, which is near median its own 10-year median of 74.07. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Haivision Systems stock overvalued right now?
Based on GuruFocus' analysis, Haivision Systems (TSX:HAI) is currently considered Modestly Undervalued. The stock's GF Value™ is C$5.18, compared to a current price of C$4.45 — trading 14.1% below its estimated fair value. The current Gross Margin % is 68.87%, which is near median its 10-year median of 74.07 and 70.3% above the Software industry median of 40.45. Haivision Systems' overall GF Score™ is 85/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Haivision Systems (TSX:HAI), the current Gross Margin % is 68.87% as of Apr. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Haivision Systems (TSX:HAI) Overvalued in 2026?

Based on GuruFocus' analysis, Haivision Systems stock appears to be undervalued. The current stock price of C$4.45 is trading 14.1% below its estimated GF Value™ of C$5.18. GuruFocus considers Haivision Systems to be Modestly Undervalued.

Key valuation signals for TSX:HAI:

  • Gross Margin %: 68.87% (near median its 10-year median of 74.07)
  • GF Value™: C$5.18 vs. price of C$4.45 (14.1% below fair value)
  • GF Score™: 85/100 with 4 warning signs
  • Industry Position: 70.3% above the Software median (#515 of 2680)

No single metric tells the full story. See the TSX:HAI stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Haivision Systems Business Description

Other Exchanges HAIVF:USA
Address 2600 Boulevard Alfred Nobel, 5th Floor, Montreal, QC, CAN, H4S 0A9
Haivision Systems Inc is a provider of infrastructure solutions for the video streaming market, servicing enterprises and governments globally. The organizations use company solutions to communicate, collaborate and educate customers and stakeholders. It delivers high quality, low latency, secure and reliable video through the entire IP video lifecycle, using a broad range of software, hardware, and services. Its geographical segments are Canada, International, and the United States, of which the majority of its revenue comes from the United States.
85GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$4.45
Price
C$5.18
GF Value