GURUFOCUS.COM » STOCK LIST » Technology » Software » IronNet Inc (OTCPK:IRNTQ) » Definitions » Gross Margin %

IronNet (IronNet) Gross Margin % : 16.00% (As of Oct. 2023)


View and export this data going back to 2021. Start your Free Trial

What is IronNet Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. IronNet's Gross Profit for the three months ended in Oct. 2023 was $0.73 Mil. IronNet's Revenue for the three months ended in Oct. 2023 was $4.56 Mil. Therefore, IronNet's Gross Margin % for the quarter that ended in Oct. 2023 was 16.00%.


The historical rank and industry rank for IronNet's Gross Margin % or its related term are showing as below:

IRNTQ' s Gross Margin % Range Over the Past 10 Years
Min: 44.26   Med: 65.93   Max: 75.97
Current: 44.26


During the past 3 years, the highest Gross Margin % of IronNet was 75.97%. The lowest was 44.26%. And the median was 65.93%.

IRNTQ's Gross Margin % is not ranked
in the Software industry.
Industry Median: 41.74 vs IRNTQ: 44.26

IronNet had a gross margin of 16.00% for the quarter that ended in Oct. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for IronNet was 0.00% per year.


IronNet Gross Margin % Historical Data

The historical data trend for IronNet's Gross 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.

IronNet Gross Margin % Chart

IronNet Annual Data
Trend Jan21 Jan22 Jan23
Gross Margin %
75.97 65.93 48.66

IronNet Quarterly Data
Oct20 Jan21 Apr21 Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 38.62 32.29 60.56 61.21 16.00

Competitive Comparison of IronNet's Gross Margin %

For the Software - Infrastructure subindustry, IronNet's Gross Margin %, along with its competitors' market caps and Gross 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.


IronNet's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, IronNet's Gross Margin % distribution charts can be found below:

* The bar in red indicates where IronNet's Gross Margin % falls into.



IronNet Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

IronNet's Gross Margin for the fiscal year that ended in Jan. 2023 is calculated as

Gross Margin % (A: Jan. 2023 )=Gross Profit (A: Jan. 2023 ) / Revenue (A: Jan. 2023 )
=13.3 / 27.257
=(Revenue - Cost of Goods Sold) / Revenue
=(27.257 - 13.994) / 27.257
=48.66 %

IronNet's Gross Margin for the quarter that ended in Oct. 2023 is calculated as


Gross Margin % (Q: Oct. 2023 )=Gross Profit (Q: Oct. 2023 ) / Revenue (Q: Oct. 2023 )
=0.7 / 4.562
=(Revenue - Cost of Goods Sold) / Revenue
=(4.562 - 3.832) / 4.562
=16.00 %

* 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.


IronNet  (OTCPK:IRNTQ) Gross Margin % 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

IronNet had a gross margin of 16.00% for the quarter that ended in Oct. 2023 => No sustainable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


IronNet Gross Margin % Related Terms

Thank you for viewing the detailed overview of IronNet's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


IronNet (IronNet) Business Description

Traded in Other Exchanges
N/A
Address
7900 Tysons One Place, Suite 400, McLean, VA, USA, 22102
IronNet Inc is a cybersecurity leader that is transforming how organizations secure their networks by delivering the first-ever Collective Defense platform operating at scale.
Executives
Linda Kay Zecher director, officer: Chief Executive Officer C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Donald Closser officer: Chief Product Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Cameron Pforr officer: Chief Financial Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
James C Gerber officer: Chief Financial Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
William E Welch director, officer: Co-CEO & Director C/O ZSCALER INC, 110 ROSE ORCHARD WAY, SAN JOSE CA 95134
Michael J Rogers director C/O IRONNET, INC., 7900 TYSONS ONCE PLACE, SUITE 400, MCLEAN VA 22102
John M Keane director C/O METLIFE INC, ONE MADISON AVE, NEW YORK NY 10010
Keith Brian Alexander director, officer: Co-CEO, President & Chairman P.O. BOX 81226, SEATTLE WA 98108-1226
Forgepoint Cybersecurity Fund I, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cybersecurity Gp-i, Llc 10 percent owner 400 S EL CAMINO REAL SUITE 1050, SAN MATEO CA 94402
Andre Pienaar director C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Sean Foster officer: Chief Revenue Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Russell Cobb officer: Chief Marketing Officer C/O IRONNET, INC., 7900 TYSONS ONE PLACE, SUITE 400, MCLEAN VA 22102
Forgepoint Cyber Co-investors I-e, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402
Forgepoint Cyber Co-investors I-c, L.p. 10 percent owner 400 S. EL CAMINO REAL, SUITE 1050, SAN MATEO CA 94402

IronNet (IronNet) Headlines

From GuruFocus

Linda Zecher Appointed CEO of IronNet

By Business Wire 07-12-2023