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

Nauticus Robotics (Nauticus Robotics) Gross Profit : $-6.84 Mil (TTM As of Mar. 2024)


View and export this data going back to 2022. Start your Free Trial

What is Nauticus Robotics Gross Profit?

Nauticus Robotics's gross profit for the three months ended in Mar. 2024 was $-1.63 Mil. Nauticus Robotics's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $-6.84 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Nauticus Robotics's gross profit for the three months ended in Mar. 2024 was $-1.63 Mil. Nauticus Robotics's Revenue for the three months ended in Mar. 2024 was $0.46 Mil. Therefore, Nauticus Robotics's Gross Margin % for the quarter that ended in Mar. 2024 was -351.29%.

Nauticus Robotics had a gross margin of -351.29% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage

During the past 4 years, the highest Gross Margin % of Nauticus Robotics was 20.26%. The lowest was -160.97%. And the median was -2.70%.


Nauticus Robotics Gross Profit Historical Data

The historical data trend for Nauticus Robotics'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.

* Premium members only.

Nauticus Robotics Gross Profit Chart

Nauticus Robotics Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
-0.07 1.74 -0.43 -5.32

Nauticus Robotics Quarterly Data
Dec20 Mar21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.11 -0.77 -1.06 -3.38 -1.63

Competitive Comparison of Nauticus Robotics's Gross Profit

For the Aerospace & Defense subindustry, Nauticus Robotics'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.


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

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

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



Nauticus Robotics Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

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

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=6.606 - 11.929
=-5.32

Nauticus Robotics's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=0.464 - 2.094
=-1.63

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $-6.84 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Nauticus Robotics's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=-1.63 / 0.464
=-351.29 %

* 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.


Nauticus Robotics  (NAS:KITT) 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

Nauticus Robotics had a gross margin of -351.29% for the quarter that ended in Mar. 2024 => No sustainable competitive advantage


Nauticus Robotics Gross Profit Related Terms

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


Nauticus Robotics (Nauticus Robotics) Business Description

Traded in Other Exchanges
Address
17146 Feathercraft Lane, Suite 450, Webster, TX, USA, 77598
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