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Airspan Networks Holdings (Airspan Networks Holdings) Gross Margin % : 36.69% (As of Sep. 2023)


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What is Airspan Networks Holdings Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Airspan Networks Holdings's Gross Profit for the three months ended in Sep. 2023 was $5.2 Mil. Airspan Networks Holdings's Revenue for the three months ended in Sep. 2023 was $14.3 Mil. Therefore, Airspan Networks Holdings's Gross Margin % for the quarter that ended in Sep. 2023 was 36.69%.


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

MIMOQ' s Gross Margin % Range Over the Past 10 Years
Min: 36.8   Med: 43.98   Max: 48.63
Current: 36.8


During the past 3 years, the highest Gross Margin % of Airspan Networks Holdings was 48.63%. The lowest was 36.80%. And the median was 43.98%.

MIMOQ's Gross Margin % is ranked worse than
65.71% of 350 companies
in the Telecommunication Services industry
Industry Median: 49.5 vs MIMOQ: 36.80

Airspan Networks Holdings had a gross margin of 36.69% for the quarter that ended in Sep. 2023 => Competition eroding margins

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


Airspan Networks Holdings Gross Margin % Historical Data

The historical data trend for Airspan Networks Holdings'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.

Airspan Networks Holdings Gross Margin % Chart

Airspan Networks Holdings Annual Data
Trend Dec20 Dec21 Dec22
Gross Margin %
48.63 43.98 39.72

Airspan Networks Holdings Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 39.75 46.11 41.77 20.96 36.69

Competitive Comparison of Airspan Networks Holdings's Gross Margin %

For the Telecom Services subindustry, Airspan Networks Holdings'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.


Airspan Networks Holdings's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Airspan Networks Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Airspan Networks Holdings's Gross Margin % falls into.



Airspan Networks Holdings Gross Margin % Calculation

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

Airspan Networks Holdings's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=66.4 / 167.259
=(Revenue - Cost of Goods Sold) / Revenue
=(167.259 - 100.819) / 167.259
=39.72 %

Airspan Networks Holdings's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=5.2 / 14.259
=(Revenue - Cost of Goods Sold) / Revenue
=(14.259 - 9.028) / 14.259
=36.69 %

* 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.


Airspan Networks Holdings  (OTCPK:MIMOQ) 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

Airspan Networks Holdings had a gross margin of 36.69% for the quarter that ended in Sep. 2023 => Competition eroding margins


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.


Airspan Networks Holdings Gross Margin % Related Terms

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


Airspan Networks Holdings (Airspan Networks Holdings) Business Description

Traded in Other Exchanges
N/A
Address
777 Yamato Road, Suite 310, Boca Raton, FL, USA, 33431
Airspan Networks Holdings Inc is a designer and producer of wireless network equipment for 4G and 5G networks for both mainstream public telecommunications service providers and private network implementations. The business is organized around one reportable segment, the development and supply of broadband wireless products and technologies.
Executives
Dominique Trempont director 5 RANDALL PLACE, MENLO PARK CA 94025
Michael Liebowitz director, 10 percent owner, officer: Chief Executive Officer 4400 BISCAYNE BLVD, 10TH FLOOR, MIAMI FL 33137
Petersen Henrik Smith officer: Chief Sales&Marketing Officer C/O AIRSPAN NETWORKS INC, CAMBRIDGE HOUSE, UXBRIDGE X0 999999999
Glenn Laxdal officer: President & COO 777 YAMATO DRIVE, SUITE 310, BOCA RATON FL 33431
Uzi Shalev officer: COO BAREKET BUILDING, GOLAN STREET, AIRPORT CITY L3 00000
David Brandt officer: SVP & CFO CAMBRIDGE HOUSE,, OXFORD ROAD, UXBRIDGE MIDDLESEX, UK X0 UB8 1UN
Eric Stonestrom director, officer: President & CEO 137 KINGS RD, PALM BEACH FL 33480
Bandel L Carano director 525 UNIVERSITY AVENUE, SUITE 1300, PALO ALTO CA 94301
Divya Seshamani director 777 YAMATO DRIVE, SUITE 310, BOCA RATON FL 33431
Softbank Group Corp 10 percent owner 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537
Mathew Oommen director 777 YAMATO ROAD STE 310, BOCA RATON FL 33431
Eli Leizerovitz officer: Head of Products 777 YAMATO ROAD STE 310, BOCA RATON FL 33431
Thomas S Huseby director 405 THATCHER PASS RD NW, ANA CORTES WA 98221
Oak Investment Partners Xi L P 10 percent owner 901 MAIN AVENUE, SUITE 600, NORWALK CT 06851
Oak Investment Partners Xiii, Limited Partnership 10 percent owner 901 MAIN AVENUE, SUITE 600, NORWALK CT 06851