Inspirato (Inspirato) Gross Margin % : 17.98% (As of Dec. 2023)

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What is Inspirato Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Inspirato's Gross Profit for the three months ended in Dec. 2023 was $12.7 Mil. Inspirato's Revenue for the three months ended in Dec. 2023 was $70.7 Mil. Therefore, Inspirato's Gross Margin % for the quarter that ended in Dec. 2023 was 17.98%.

Warning Sign:

Inspirato Inc gross margin has been in long-term decline. The average rate of decline per year is -11.3%.

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

ISPO' s Gross Margin % Range Over the Past 10 Years
Min: 16.5 Med: 35.42 Max: 39.25
Current: 16.5

During the past 6 years, the highest Gross Margin % of Inspirato was 39.25%. The lowest was 16.50%. And the median was 35.42%.

ISPO's Gross Margin % is ranked worse than
89.03% of 766 companies
in the Travel & Leisure industry
Industry Median: 43.225 vs ISPO: 16.50

Inspirato had a gross margin of 17.98% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Inspirato was -11.30% per year.

Inspirato Gross Margin % Historical Data

The historical data trend for Inspirato'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.

Inspirato Gross Margin % Chart

Inspirato Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Margin %

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36.07

39.25

34.93

33.63

16.50

Inspirato Quarterly Data
	Dec18	Dec19	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Gross Margin %	Get a 7-Day Free Trial											28.82	34.51	-12.66	24.94	17.98

Competitive Comparison of Inspirato's Gross Margin %

For the Travel Services subindustry, Inspirato'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.

Inspirato's Gross Margin % Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Inspirato's Gross Margin % distribution charts can be found below:

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

Inspirato Gross Margin % Calculation

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

Inspirato'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 )
	=	54.3	/	329.1
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(329.1 - 274.786)	/	329.1
	=	16.50 %

Inspirato'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 )
	=	12.7	/	70.71
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	(70.71 - 57.996)	/	70.71
	=	17.98 %

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.

Inspirato (NAS:ISPO) 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

Inspirato had a gross margin of 17.98% 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.

Inspirato Gross Margin % Related Terms

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Inspirato (Inspirato) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Travel & Leisure » Inspirato Inc (NAS:ISPO) » Definitions » Gross Margin %

Comparable Companies

Traded in Other Exchanges

N/A

Address

1544 Wazee Street, Denver, CO, USA, 80202

Website

https://www.inspirato.com

Inspirato Inc is a luxury travel subscription company on a mission to inspire lasting memories and relationships by changing the way family and friends experience the world. It provides solutions for (i) affluent travelers seeking superior service and certainty across a wide variety of accommodations and experiences and (ii) hospitality suppliers who want to solve pain points that include monetizing excess inventory and efficiently outsourcing the hassle involved in managing rental properties.

Executives

Robert Kaiden	officer: Chief Financial Officer	C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202
Scott D Berman	director	C/O INSPIRATO INCORPORATED, 1544 WAZEE STREET, DENVER CO 80202
Bradley A Handler	director, officer: Executive Chairman	C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Brent L Handler	director, 10 percent owner, officer: Chief Executive Officer	C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Ann L Payne	director	C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Eric Grosse	director	333 108TH AVENUE N.E., BELLEVUE WA 98004
Institutional Venture Partners Xiii, L.p.	10 percent owner	3000 SAND HILL ROAD, BUILDING 2, SUITE 250, MENLO PARK CA 94025
David S Kallery	officer: President	C/O INSPIRATO, 1544 WAZEE STREET, DENVER CO 80202
Revolution Portico Holdings Llc	10 percent owner	1717 RHODE ISLAND AVENUE, NW, 10TH FLOOR, WASHINGTON DC 20036
Exclusive Resorts Llc	10 percent owner	1515 ARAPAHOE STREET, TOWER 3, SUITE 300, DENVER CO 80202
R Scot Sellers	director	C/O ARCHSTONE-SMITH, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Revolution Management Co Llc	10 percent owner	1717 RHODE ISLAND AVENUE NW, SUITE 1000, WASHINGTON DC 20036
Alps Investment Holdings Llc	10 percent owner	1717 RHODE ISLAND AVENUE, NW, 10TH FLOOR, WASHINGTON DC 20036
Millennium Technology Value Partners Ii, L.p.	10 percent owner	747 THIRD AVENUE, 38TH FLOOR, NEW YORK NY 10017
Stephen M Case	10 percent owner	1717 RHODE ISLAND AVENUE, N.W., 9TH FLOOR, WASHINGTON DC 20036