Nauticus Robotics (Nauticus Robotics) Gross Margin % : -317.76% (As of Dec. 2023)

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What is Nauticus Robotics Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Nauticus Robotics's Gross Profit for the three months ended in Dec. 2023 was $-3.38 Mil. Nauticus Robotics's Revenue for the three months ended in Dec. 2023 was $1.06 Mil. Therefore, Nauticus Robotics's Gross Margin % for the quarter that ended in Dec. 2023 was -317.76%.

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

KITT' s Gross Margin % Range Over the Past 10 Years
Min: -80.58 Med: -2.7 Max: 20.26
Current: -80.55

During the past 4 years, the highest Gross Margin % of Nauticus Robotics was 20.26%. The lowest was -80.58%. And the median was -2.70%.

KITT's Gross Margin % is ranked worse than
98.99% of 296 companies
in the Aerospace & Defense industry
Industry Median: 26.025 vs KITT: -80.55

Nauticus Robotics had a gross margin of -317.76% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

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

Nauticus Robotics Gross Margin % Historical Data

The historical data trend for Nauticus Robotics'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.

Nauticus Robotics Gross Margin % Chart

Nauticus Robotics Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Gross Margin %

-1.65

20.26

-3.75

-80.58

Nauticus Robotics Quarterly Data
	Dec20	Mar21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial							-12.89	-3.93	-68.44	-66.37	-317.76

Competitive Comparison of Nauticus Robotics's Gross Margin %

For the Aerospace & Defense subindustry, Nauticus Robotics'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.

Nauticus Robotics's Gross Margin % Distribution in the Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Nauticus Robotics's Gross Margin % distribution charts can be found below:

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

Nauticus Robotics Gross Margin % Calculation

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

Nauticus Robotics's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )	=	Gross Profit (A: Dec. 2023 )	/	Revenue (A: Dec. 2023 )
	=	-5.3	/	6.606
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(6.606 - 11.929)	/	6.606
	=	-80.58 %

Nauticus Robotics's Gross Margin for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )	=	Gross Profit (Q: Dec. 2023 )	/	Revenue (Q: Dec. 2023 )
	=	-3.4	/	1.064
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(1.064 - 4.445)	/	1.064
	=	-317.76 %

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.

Nauticus Robotics (NAS:KITT) 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

Nauticus Robotics had a gross margin of -317.76% for the quarter that ended in Dec. 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.

Nauticus Robotics Gross Margin % Related Terms

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Nauticus Robotics (Nauticus Robotics) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » Nauticus Robotics Inc (NAS:KITT) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

8KD1:Germany

Address

17146 Feathercraft Lane, Suite 450, Webster, TX, USA, 77598

Website

https://www.nauticusrobotics.com

Nauticus Robotics Inc is a developer of ocean robots, cloud software, and services delivered in a modern business model to the ocean industry. The company generates revenue through engineering service contracts, with both government and commercial customers, to a company that performs subsea robotic services through various technology-based products. Nauticus' products and services will be delivered to commercial and government-facing customers through a Robotics as a Service ("RaaS") business model and direct product sales for both hardware platforms and software licenses. The RaaS revenue model emulates the Software as a Service revenue model, which is commonly used for consumer and business software licensing.

Executives

Nicolaus Radford	director, officer: Chief Executive Officer	C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Donnelly A. Bohan	officer: Chief Operating Officer	C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
John Yamokoski	officer: Chief Technology Officer	C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Nicholas J. Bigney	officer: General Counsel	15710 ELKINS CREEK COURT, HOUSTON TX 77044
Lisa J. Porter	director	C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
Gibson John W Jr	director, officer: President	10603 W. SAM HOUSTON PKWY N., SUITE 300, HOUSTON TX 77064
William Flores	director	25 BEACON HILL, SUGAR LAND TX 77479
Transocean Inc	10 percent owner	4 GREENWAY PLAZA, HOUSTON TX 77046
Tommy W Matura	officer: Vice President of Accounting	101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Transocean Ltd.	10 percent owner	TURMSTRASSE 30, STEINHAUSEN V8 6312
Dilshad Kasmani	officer: Chief LAO	C/O NAUTICUS ROBOTICS, INC., 17146 FEATHER CRAFT LN #450, WEBSTER TX 77598
B.v. Schlumberger	10 percent owner	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Holdings Corp	10 percent owner	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056
Schlumberger Technology Corp	10 percent owner	300 SCHLUMBERGER DRIVE, MD 23, SUGAR LAND TX 77478
Limited/nv Schlumberger	10 percent owner	5599 SAN FELIPE, 17TH FLOOR, HOUSTON TX 77056