VQSSF (VIQ Solutions) Gross Margin %: 50.82% (As of Mar. 2026) — 15% Above Median


What is VIQ Solutions Gross Margin %?

VIQ Solutions VQSSF Gross Margin % is 50.82% as of Mar. 2026, which is 15% above its 10-year median of 44.35. The stock has 8 warning signs investors should review. Among 2,685 Software companies, VIQ Solutions ranks better than 60.11% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. VIQ Solutions's Gross Profit for the three months ended in Mar. 2026 was $4.97 Mil. VIQ Solutions's Revenue for the three months ended in Mar. 2026 was $9.77 Mil. Therefore, VIQ Solutions's Gross Margin % for the quarter that ended in Mar. 2026 was 50.82%.

Warning Sign:

VIQ Solutions Inc gross margin has been in long-term decline. The average rate of decline per year is -1.4%.


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

VQSSF' s Gross Margin % Range Over the Past 10 Years
Min: 31.31   Med: 44.35   Max: 50.87
Current: 49.14


During the past 13 years, the highest Gross Margin % of VIQ Solutions was 50.87%. The lowest was 31.31%. And the median was 44.35%.

VQSSF's Gross Margin % is ranked better than
60.11% of 2685 companies
in the Software industry
Industry Median: 40.45 vs VQSSF: 49.14

VIQ Solutions had a gross margin of 50.82% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for VIQ Solutions was -1.40% per year.


VIQ Solutions  (OTCPK:VQSSF) 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

VIQ Solutions had a gross margin of 50.82% for the quarter that ended in Mar. 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.


VIQ Solutions Gross Margin % Related Terms


VIQ Solutions Gross Margin % Historical Data

* Premium members only.

The historical data trend for VIQ Solutions'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.

VIQ Solutions Gross Margin % Chart

VIQ Solutions Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.07 47.83 44.15 44.55 49.10

VIQ Solutions Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Sep24 Dec24 Mar25 Sep25 Dec25 Mar26
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 41.93 51.94 47.78 49.02 50.82

VQSSF vs CRM, SHOP, UBER: Gross Margin % Comparison

For the Software - Application subindustry, VIQ Solutions'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.


VIQ Solutions Gross Margin % vs Software Industry

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

* The bar in red indicates where VIQ Solutions's Gross Margin % falls into.



VIQ Solutions Gross Margin % Calculation

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

VIQ Solutions's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=20.4 / 41.495
=(Revenue - Cost of Goods Sold) / Revenue
=(41.495 - 21.122) / 41.495
=49.10 %

VIQ Solutions's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=5 / 9.771
=(Revenue - Cost of Goods Sold) / Revenue
=(9.771 - 4.805) / 9.771
=50.82 %

* 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 50.82% mean?
VIQ Solutions (VQSSF) has a Gross Margin % of 50.82% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on VIQ Solutions and its competitors. This is 15% above median its historical median of 44.35. Over the past decade, VIQ Solutions' Gross Margin % has ranged from 31.31 to 50.87. According to the industry distribution chart, VIQ Solutions ranks #1071 out of 2685 companies in the Software industry, placing it in the top 39.9%.
Is VIQ Solutions' Gross Margin % too high?
VIQ Solutions' current Gross Margin % of 50.82% is 15% above median its 10-year median of 44.35. Over the past 10 years, this metric has ranged from a low of 31.31 to a high of 50.87. The Software industry median Gross Margin % is 40.45. VIQ Solutions' value of 50.82% is 25.6% above this industry median. Based on the distribution chart, VIQ Solutions ranks #1071 out of 2685 companies in the Software industry, which is above the industry midpoint.
How does VIQ Solutions' Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, VIQ Solutions ranks #1071 out of 2685 companies for Gross Margin %. This puts VIQ Solutions in the upper half of its industry. The industry median Gross Margin % is 40.45. VIQ Solutions' value of 50.82% is 25.6% above this benchmark. Historically, VIQ Solutions' own Gross Margin % has ranged from 31.31 to 50.87 over the past decade. While the company's 10-year median is 44.35 vs. the industry median of 40.45, VIQ Solutions 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 2,685 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. VIQ Solutions's current Gross Margin % of 50.82% is 25.6% 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 VIQ Solutions 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. VIQ Solutions's current Gross Margin % is 50.82%, which is 15% above median its own 10-year median of 44.35. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIQ Solutions stock overvalued right now?
Based on GuruFocus' analysis, VIQ Solutions (VQSSF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.08, compared to a current price of $0.05 — trading 42% below its estimated fair value. The current Gross Margin % is 50.82%, which is 15% above median its 10-year median of 44.35 and 25.6% above the Software industry median of 40.45. 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 VIQ Solutions (VQSSF), the current Gross Margin % is 50.82% as of Mar. 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.

VIQ Solutions Business Description

Other Exchanges VQS:Canada
Address 35 West Pearce Street, Unit 12 & 13, Richmond Hill, ON, CAN, L4B 3A9
VIQ Solutions Inc operates as a technology and service platform provider for digital evidence capture, retrieval, and content management. The reportable segments of the company are technology and related revenue, which develop, distribute, and license computer-based digital solutions, and the technology services, which provide recording and transcription services. It derives the majority of its revenue from Australia and also has its presence in the United States, the United Kingdom, Canada, and other countries. The firm generates the majority of its revenue from providing Technology services.