AEye's gross profit for the
three
months ended in Dec. 2023 was $-6.60 Mil. AEye's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $-13.86 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. AEye's gross profit for the
three
months ended in Dec. 2023 was $-6.60 Mil. AEye's Revenue for the
three
months ended in Dec. 2023 was $0.07 Mil. Therefore, AEye's Gross Margin % for the quarter that ended in Dec. 2023 was -9,563.77%.
AEye had a gross margin of -9,563.77% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
During the past 4 years, the highestGross Margin % of AEye was 48.83%. The lowest was -946.38%. And the median was -80.19%.
AEye Gross Profit Historical Data
The historical data trend for AEye's Gross Profit 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.
For the Software - Infrastructure subindustry, AEye's Gross Profit, along with its competitors' market caps and Gross Profit 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.
AEye's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, AEye's Gross Profit distribution charts can be found below:
* The bar in red indicates where AEye's Gross Profit falls into.
AEye Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
AEye's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $-13.86 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
AEye's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as
* 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.
AEye (NAS:LIDR) Gross Profit 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
AEye had a gross margin of -9,563.77% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage
AEye Gross Profit Related Terms
Thank you for viewing the detailed overview of AEye's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
AEye Inc is a provider of high-performance, active lidar systems for vehicle autonomy, advanced driver-assistance systems (ADAS), and robotic vision applications. The company's software-definable 4Sight Intelligent Sensing Platform combines solid-state active lidar, an optionally fused low-light HD camera, and integrated deterministic artificial intelligence to capture more intelligent information with less data, enabling faster, more accurate, and more reliable perception of the surroundings. All of the Company's sales were made to customers located in the United States, Europe, and Asia.
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