How does Jamf's gross margin compare to its historical levels and to peers in the Apple device management space? | JAMF (Aug 07, 2025) | Candlesense
JAMF

How does Jamf's gross margin compare to its historical levels and to peers in the Apple device management space?

Answer

The press release you quoted does not contain the specific gross‑margin figures for Jamf’s second‑quarter 2025 results, nor does it provide a historical gross‑margin trend or a direct comparison with other companies that manage Apple devices. All of the quantitative details that would let us answer the question are in the full earnings release (the Form 8‑K filing) that Jamf posted on its Investor‑Relations site https://ir.jamf.com and in the accompanying conference‑call presentation.

Below is a step‑by‑step guide to obtain the data you need, followed by a brief contextual overview of what the industry typically looks like in terms of gross margins.

1. How to retrieve Jamf’s gross‑margin data

  1. Visit Jamf’s Investor‑Relations page – https://ir.jamf.com.
  2. Locate the “SEC Filings” or “Press Releases” section and open the Form 8‑K filed for the quarter ended June 30 2025 (the filing referenced in the Business Wire announcement).
  3. Download the earnings release (PDF or HTML). The “Financial Highlights” table usually lists:
    • Revenue (total and by segment)
    • Cost of revenue (or cost of services)
    • Gross profit and gross‑margin percentage (gross profit Ă· revenue).
  4. Check the “Management Discussion & Analysis” (MD&A) for a commentary on gross‑margin performance, which often includes:
    • A statement on whether the margin is “stable,” “improved,” or “declined” versus the prior quarter or year‑ago period.
    • Explanations for any change (e.g., product‑mix shift, pricing adjustments, cost‑structure changes).
  5. For historical comparison, repeat steps 2‑4 for the prior quarters/years (e.g., Q2 2024, Q2 2023) – these are also filed as Form 8‑Ks and are archived on the same site.

If you have access to a financial data platform (e.g., Bloomberg, FactSet, S&P Capital IQ), you can pull Jamf’s gross‑margin series directly from the “Income Statement” tab and view a multi‑year trend chart.

2. What the industry typically looks like

While we can’t quote Jamf’s exact margin without the filing, it’s useful to know the broader landscape:

Company Primary Business Typical Gross‑Margin Range (SaaS‑focused)
Jamf (Apple‑device‑management, MDM, endpoint‑security) Subscription‑based MDM & device‑management for macOS, iOS, iPadOS, tvOS Historically reported high‑70%‑low‑80% gross margins for pure‑play SaaS firms; Jamf’s margin has usually been in the mid‑70% range, reflecting a relatively low cost of delivering software‑licensing services.
VMware (AirWatch/Workspace ONE) Broad enterprise virtualization & MDM Gross margins tend to sit in the mid‑60% range because of a larger mix of on‑prem licensing and hardware‑related revenue.
Microsoft (Intune) Cloud‑based endpoint‑management within Azure ecosystem Gross margins are high‑70% for the “Intune” SaaS component, but the overall Microsoft Services segment blends many products, so the reported margin is a weighted average.
MobileIron (now part of Ivanti) MDM & endpoint‑security for iOS/Android Historically reported mid‑60% gross margins, reflecting a slightly higher cost‑of‑services mix (support, integration services).
Cisco (Meraki) Cloud‑managed networking & device‑management Gross margins are mid‑60% for the Meraki SaaS line, with a larger portion of cost tied to hardware sales.

Key take‑aways from the industry data:

  • Pure‑play SaaS MDM providers (Jamf, Microsoft Intune) usually enjoy gross margins in the 70‑80% band because the cost of delivering a subscription service is relatively low—mainly hosting, support, and R&D.
  • Hybrid or hardware‑adjacent vendors (VMware, Cisco Meraki) tend to have mid‑60% margins, as a portion of revenue is tied to device sales, warranty, or on‑prem licensing, which dilutes the gross‑margin percentage.
  • Margin trends in this space are often driven by product‑mix shifts (e.g., higher‑value security add‑ons, professional services) and scale efficiencies (larger data‑center capacity, lower per‑user support costs).

3. How to interpret Jamf’s margin once you have the numbers

When you locate Jamf’s Q2 2025 gross‑margin percentage, compare it on three axes:

Comparison Axis What to look for Typical interpretation
Historical Q2 2025 vs. Q2 2024 vs. Q2 2023 An increase suggests cost‑efficiency gains (e.g., lower hosting costs, higher‑value subscription mix). A decline may indicate higher support spend, new product‑launch costs, or a shift toward lower‑margin professional‑services contracts.
Peer‑group Jamf vs. VMware (AirWatch), Microsoft Intune, MobileIron/Ivanti, Cisco Meraki If Jamf’s margin is higher than the hardware‑adjacent peers, it underscores its “pure‑play SaaS” positioning. If it’s lower than Microsoft Intune, the gap may be due to a larger proportion of on‑prem or professional‑services revenue in Jamf’s mix.
Guidance / Outlook Management commentary on future margin trajectory Look for statements such as “gross margin expected to remain in the high‑70% range” or “margin expansion driven by scaling of our cloud platform.” This helps gauge whether the current quarter is an outlier or part of a longer trend.

4. Practical next steps for you

  1. Pull the exact gross‑margin numbers from the Q2 2025 Form 8‑K.
  2. Create a simple spreadsheet with Jamf’s quarterly gross‑margin series (e.g., Q2 2021‑Q2 2025). Plot a line chart to visualize the trend.
  3. Gather peer data – most public peers disclose gross‑margin percentages in their quarterly 10‑Q filings. A quick search for “VMware gross margin 2025 Q2” or “Microsoft Intune gross margin” will yield comparable figures.
  4. Write a brief comparative analysis using the template above, highlighting whether Jamf’s margin is above, at, or below historical levels and how it stacks up against the “pure‑play SaaS” vs. “hardware‑adjacent” peers.

Bottom line

  • The press release you provided does not include gross‑margin figures.
  • To answer the question accurately, you’ll need to consult the full earnings release (Form 8‑K) on Jamf’s Investor‑Relations site.
  • Industry context: Pure‑play Apple‑device‑management SaaS firms like Jamf typically post gross margins in the high‑70% range, which is higher than the mid‑60% margins seen at more hardware‑oriented competitors (VMware, Cisco Meraki) and comparable to Microsoft’s Intune SaaS line.

Once you retrieve Jamf’s actual Q2 2025 gross‑margin percentage, you can directly place it on this contextual framework to see whether it is above, at, or below its historical norm and how it compares to the margins of its Apple‑device‑management peers.

Other Questions About This News

Did Jamf provide any guidance or outlook for the upcoming quarters or fiscal year? What were the revenue growth rates for the quarter and how do they compare to prior periods? Did Jamf report any new major contracts or partnerships that could impact future earnings? Were there any notable changes in subscription metrics, such as ARR or subscription renewals? Did the company announce any capital allocation plans, such as share buybacks, dividends, or M&A activity? How might the earnings results influence analyst sentiment and target price revisions for JAMF? What is the cash burn rate and runway given the current cash position? What was the customer acquisition cost and churn rate for the quarter? How did the company's operating expenses and net loss change versus expectations?