The historical rank and industry rank for BlackSky Technology's Gross Margin % or its related term are showing as below:
BKSY'
s Gross Margin % Range Over the Past 10 Years
Min: -12.92 Med: 21.62 Max: 64.25
Current: 64.25
During the past 4 years, the highestGross Margin % of BlackSky Technology was 64.25%. The lowest was -12.92%. And the median was 21.62%.
BKSY's Gross Margin % is ranked better than 95.24% of 2439
companies
in the Hardware industry
Industry Median: 24.41
vs BKSY: 64.25
BlackSky Technology had a gross margin of 66.18% for the quarter that ended in Dec. 2023 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for BlackSky Technology was 0.00% per year.
BlackSky Technology Gross Margin % Historical Data
The historical data trend for BlackSky Technology'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.
Competitive Comparison of BlackSky Technology's Gross Margin %
For the Scientific & Technical Instruments subindustry, BlackSky Technology'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.
BlackSky Technology's Gross Margin % Distribution in the Hardware Industry
For the Hardware industry and Technology sector, BlackSky Technology's Gross Margin % distribution charts can be found below:
* The bar in red indicates where BlackSky Technology's Gross Margin % falls into.
* 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.
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
BlackSky Technology had a gross margin of 66.18% for the quarter that ended in Dec. 2023 => Durable 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.
BlackSky Technology Gross Margin % Related Terms
Thank you for viewing the detailed overview of BlackSky Technology's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
BlackSky Technology (BlackSky Technology) Business Description
BlackSky Technology Inc is a provider of real-time geospatial intelligence. The company delivers on-demand, high-frequency imagery, monitoring, and analytics of some of the critical and strategic locations, economic assets, and events in the world. It designs, owns, and operates one of the industry's low earth orbit (LEO) small satellite constellations, optimized to capture imagery cost-efficiently where and when its customers need it. its Spectra AI software platform processes data from BlackSky's constellation and from other third-party sensors to develop the critical insights and analytics that provide its customers with the actionable intelligence. Geographically, the company operates in North America, the Middle East, Asia, and Others.
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