• Trend Micro average gross margin for 2023 was 77.12%, a 1.61% decline from 2022.
• Trend Micro average gross margin for 2022 was 78.38%, a 1.8% decline from 2021.
• Trend Micro average gross margin for 2021 was 79.82%, a 0.44% decline from 2020.

Gross margin can be defined as a company's total sales revenue minus its cost of goods sold, divided by the total sales revenue, expressed as a percentage.