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Markforged Holding (Markforged Holding) Gross Margin % : 48.37% (As of Dec. 2023)


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What is Markforged Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Markforged Holding's Gross Profit for the three months ended in Dec. 2023 was $11.69 Mil. Markforged Holding's Revenue for the three months ended in Dec. 2023 was $24.17 Mil. Therefore, Markforged Holding's Gross Margin % for the quarter that ended in Dec. 2023 was 48.37%.


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

MKFG' s Gross Margin % Range Over the Past 10 Years
Min: 47.36   Med: 54.08   Max: 58.36
Current: 47.36


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%.

MKFG's Gross Margin % is ranked better than
86.26% of 2439 companies
in the Hardware industry
Industry Median: 24.37 vs MKFG: 47.36

Markforged Holding had a gross margin of 48.37% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Markforged Holding was 0.00% per year.


Markforged Holding Gross Margin % Historical Data

The historical data trend for Markforged Holding'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.

Markforged Holding Gross Margin % Chart

Markforged Holding Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Margin %
58.36 57.94 50.22 47.36

Markforged Holding Quarterly Data
Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.95 48.08 47.05 45.67 48.37

Competitive Comparison of Markforged Holding's Gross Margin %

For the Computer Hardware subindustry, Markforged Holding'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.


Markforged Holding's Gross Margin % Distribution in the Hardware Industry

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

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



Markforged Holding Gross Margin % Calculation

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

Markforged Holding'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 )
=44.4 / 93.784
=(Revenue - Cost of Goods Sold) / Revenue
=(93.784 - 49.37) / 93.784
=47.36 %

Markforged Holding'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 )
=11.7 / 24.17
=(Revenue - Cost of Goods Sold) / Revenue
=(24.17 - 12.479) / 24.17
=48.37 %

* 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 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

Markforged Holding had a gross margin of 48.37% 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.


Markforged Holding Gross Margin % Related Terms

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


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