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Luminar Technologies (Luminar Technologies) Net Margin % : -599.55% (As of Mar. 2024)


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What is Luminar Technologies Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. Luminar Technologies's Net Income for the three months ended in Mar. 2024 was $-125.71 Mil. Luminar Technologies's Revenue for the three months ended in Mar. 2024 was $20.97 Mil. Therefore, Luminar Technologies's net margin for the quarter that ended in Mar. 2024 was -599.55%.

The historical rank and industry rank for Luminar Technologies's Net Margin % or its related term are showing as below:

LAZR' s Net Margin % Range Over the Past 10 Years
Min: -2596.93   Med: -818.68   Max: -721.7
Current: -721.7


LAZR's Net Margin % is ranked worse than
98.05% of 1283 companies
in the Vehicles & Parts industry
Industry Median: 3.33 vs LAZR: -721.70

Luminar Technologies Net Margin % Historical Data

The historical data trend for Luminar Technologies's Net 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.

* Premium members only.

Luminar Technologies Net Margin % Chart

Luminar Technologies Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
-751.61 -2,596.93 -745.01 -1,095.73 -818.68

Luminar Technologies Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net 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 -1,011.61 -875.20 -792.13 -671.07 -599.55

Competitive Comparison of Luminar Technologies's Net Margin %

For the Auto Parts subindustry, Luminar Technologies's Net Margin %, along with its competitors' market caps and Net 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.


Luminar Technologies's Net Margin % Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Luminar Technologies's Net Margin % distribution charts can be found below:

* The bar in red indicates where Luminar Technologies's Net Margin % falls into.



Luminar Technologies Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

Luminar Technologies's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=-571.269/69.779
=-818.68 %

Luminar Technologies's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=-125.714/20.968
=-599.55 %

* 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.


Luminar Technologies  (NAS:LAZR) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


Luminar Technologies Net Margin % Related Terms

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Luminar Technologies (Luminar Technologies) Business Description

Traded in Other Exchanges
Address
2603 Discovery Drive, Suite 100, Orlando, FL, USA, 32826
Luminar Technologies Inc is an autonomous vehicle sensor and software company with the vision to make autonomy safe and ubiquitous by delivering lidar and associated software that meets the industry's stringent performance, safety, and economic requirements. It operates its business through the following segment: (1) Autonomy Solutions and (2) Components. The majority of revenue is earned from the Autonomy Solutions segment.
Executives
Thomas Fennimore officer: Chief Financial Officer C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Alan Prescott officer: Chief Legal Officer C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Austin Russell director, 10 percent owner, officer: Chairperson, President & CEO C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Jun Hong Heng director C/O CRESCENT COVE ACQUISITION CORP., 530 BUSH STREET, SUITE 703, SAN FRANCISCO CA 94108
Mary Lou Jepsen director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48033
Aeg Holdings, Llc director, 10 percent owner, officer: Chief Executive Officer 6260 LOOKOUT RD., BOULDER CO 80301
Daniel David Tempesta director ONE WAYSIDE ROAD, BURLINGTON MA 01803
Katherine A Martin director C/O NUANCE COMMUNICATIONS, INC., ONE WAYSIDE ROAD, BURLINGTON MA 01803
Matthew Simoncini director 21557 TELEGRAPH ROAD, SOUTHFIELD MI 48034
Shaun Maguire director C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
M. Scott Faris officer: Chief Business Officer C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Benjamin John Kortlang director 2750 SAND HILL ROAD, MENLO PARK CA 94025
Jason Eichenholz officer: Chief Technology Officer C/O LUMINAR TECHNOLOGIES, INC., 2603 DISCOVERY DRIVE, SUITE 100, ORLANDO FL 32826
Scott A Mcgregor director 5300 CALIFORNIA AVENUE, IRVINE CA 92617
Andrew Mcbride officer: CFO & Secretary 9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212