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Markforged Holding (Markforged Holding) Gross Profit : $42.97 Mil (TTM As of Mar. 2024)


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What is Markforged Holding Gross Profit?

Markforged Holding's gross profit for the three months ended in Mar. 2024 was $10.13 Mil. Markforged Holding's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $42.97 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Markforged Holding's gross profit for the three months ended in Mar. 2024 was $10.13 Mil. Markforged Holding's Revenue for the three months ended in Mar. 2024 was $20.55 Mil. Therefore, Markforged Holding's Gross Margin % for the quarter that ended in Mar. 2024 was 49.32%.

Markforged Holding had a gross margin of 49.32% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Markforged Holding was 58.36%. The lowest was 47.36%. And the median was 54.08%.


Markforged Holding Gross Profit Historical Data

The historical data trend for Markforged Holding'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.

Markforged Holding Gross Profit Chart

Markforged Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
41.93 52.85 50.71 44.41

Markforged Holding Quarterly Data
Sep20 Dec20 Mar21 Jun21 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 Premium Member Only Premium Member Only 11.58 11.97 9.17 11.69 10.13

Competitive Comparison of Markforged Holding's Gross Profit

For the Computer Hardware subindustry, Markforged Holding'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.


Markforged Holding's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Markforged Holding's Gross Profit distribution charts can be found below:

* The bar in red indicates where Markforged Holding's Gross Profit falls into.



Markforged Holding Gross Profit Calculation

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

Markforged Holding'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
=93.784 - 49.37
=44.41

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

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=20.547 - 10.414
=10.13

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 $42.97 Mil.

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

Markforged Holding'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
=10.13 / 20.547
=49.32 %

* 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.


Markforged Holding  (NYSE:MKFG) 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

Markforged Holding had a gross margin of 49.32% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Markforged Holding Gross Profit Related Terms

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Markforged Holding (Markforged Holding) Business Description

Traded in Other Exchanges
N/A
Address
480 Pleasant Street, Watertown, MA, USA, 02472
Markforged Holding Corp transforms manufacturing with 3D metal and continuous carbon fiber printers capable of producing parts tough enough for the factory floor. The Markforged Digital Forge brings the power and speed of agile software development to industrial manufacturing, combining hardware, software, and materials to eliminate the barriers between design and functional parts. The company's geographical segments include the Americas; Europe, the Middle East, Africa; and Asia-Pacific.
Executives
Aaron Vandevender director 1 TOWER PLACE, SUITE 850, SOUTH SAN FRANCISCO CA 94080
Assaf Zipori officer: Acting Chief Financial Officer MARKFORGED HOLDING CORP, 60 TOWER ROAD, WALTHAM MA 02451
Shai Terem director, officer: President and CEO C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Mark Joseph Schwartz officer: Chief Financial Officer 4104 24TH STREET #345, SAN FRANCISCO CA 94114
Gregory Mark 10 percent owner C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
David Benhaim officer: Chief Technology Officer C/O MARKFORGED, 480 PLEASANT STREET, WATERTWON MA 02472
Stephen Karp officer: General Counsel C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Carol Meyers director 3 BATTERY WHARF, UNIT 3408, BOSTON MA 02109
Alan Masarek director C/O VONAGE HOLDINGS CORP., 23 MAIN STREET, HOLMDEL NJ 07733
Richard A Damore 10 percent owner C/O NORTHBRIDGE VENTURE PARTNERS, 950 WINTER ST STE 4600, WALTHAM MA 02451
North Bridge Venture Partners 7, L.p. 10 percent owner 60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
North Bridge Venture Management 7, L.p. 10 percent owner 60 WILLIAM STREET, SUITE 350, WELLESLEY MA 02481
Michael Medici director C/O MARKFORGED, INC., 480 PLEASANT STREET, WATERTOWN MA 02472
Matrix Ix Management Co. Llc 10 percent owner 101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142
Antonio L. Rodriguez director MATRIX PARTNERS, 101 MAIN STREET, 17TH FLOOR, CAMBRIDGE MA 02142