Charts / Clouded Judgement (Altimeter)
LTM Gross Margin

This bar chart benchmarks the Last Twelve Months (LTM) Gross Margin across major software and tech companies alongside Anthropic, highlighting a median gross margin of 76% and a top quartile threshold of 80%.
| Label | Value shown on the chart |
|---|---|
| Autodesk | 91% |
| Adobe | 89% |
| Monday.com | 89% |
| Asana | 88% |
| GitLab | 86% |
| Anthropic (L6M) | 85% |
| Anthropic (LTM) | 79% |
| Top Quartile | 80% |
| Median | 76% |
| Shopify | 48% |
| C3 | 29% |
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View the original on cloudedjudgement.substack.com





