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COMSovereign Holding (COMSovereign Holding) Gross Margin % : 58.40% (As of Sep. 2023)


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What is COMSovereign Holding Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. COMSovereign Holding's Gross Profit for the three months ended in Sep. 2023 was $0.15 Mil. COMSovereign Holding's Revenue for the three months ended in Sep. 2023 was $0.25 Mil. Therefore, COMSovereign Holding's Gross Margin % for the quarter that ended in Sep. 2023 was 58.40%.


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

COMS' s Gross Margin % Range Over the Past 10 Years
Min: 18.69   Med: 39.68   Max: 62.06
Current: 58.69


During the past 13 years, the highest Gross Margin % of COMSovereign Holding was 62.06%. The lowest was 18.69%. And the median was 39.68%.

COMS's Gross Margin % is ranked better than
63.64% of 352 companies
in the Telecommunication Services industry
Industry Median: 49.06 vs COMS: 58.69

COMSovereign Holding had a gross margin of 58.40% for the quarter that ended in Sep. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for COMSovereign Holding was 1.60% per year.


COMSovereign Holding Gross Margin % Historical Data

The historical data trend for COMSovereign 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.

COMSovereign Holding Gross Margin % Chart

COMSovereign Holding Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.69 36.52 51.25 49.45 23.12

COMSovereign Holding Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 52.71 31.22 37.68 76.86 58.40

Competitive Comparison of COMSovereign Holding's Gross Margin %

For the Telecom Services subindustry, COMSovereign 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.


COMSovereign Holding's Gross Margin % Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, COMSovereign Holding's Gross Margin % distribution charts can be found below:

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



COMSovereign Holding Gross Margin % Calculation

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

COMSovereign Holding's Gross Margin for the fiscal year that ended in Dec. 2022 is calculated as

Gross Margin % (A: Dec. 2022 )=Gross Profit (A: Dec. 2022 ) / Revenue (A: Dec. 2022 )
=2.3 / 9.878
=(Revenue - Cost of Goods Sold) / Revenue
=(9.878 - 7.594) / 9.878
=23.12 %

COMSovereign Holding's Gross Margin for the quarter that ended in Sep. 2023 is calculated as


Gross Margin % (Q: Sep. 2023 )=Gross Profit (Q: Sep. 2023 ) / Revenue (Q: Sep. 2023 )
=0.1 / 0.25
=(Revenue - Cost of Goods Sold) / Revenue
=(0.25 - 0.104) / 0.25
=58.40 %

* 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.


COMSovereign Holding  (OTCPK:COMS) 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

COMSovereign Holding had a gross margin of 58.40% for the quarter that ended in Sep. 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.


COMSovereign Holding Gross Margin % Related Terms

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


COMSovereign Holding (COMSovereign Holding) Business Description

Traded in Other Exchanges
Address
6890 E Sunrise Drive, Suite 120-506, Tucson, AZ, USA, 85750
COMSovereign Holding Corp is a provider of telecom solutions to network operators, mobile device carriers, governmental units and other enterprises world wide. The company offers Telecom and Network Products and Solutions, Wireless Transport Solutions , Edge Compute Capable 4G LTE and 5G Network in a Box and Tethered Drones and Aerostats. The company generates maximum revenue from North America.
Executives
Billy Joe White director 191 OTTO ST., PORT TOWNSEND WA 98368
David Arthur Knight officer: Interim CEO 4461 E 79TH STREET, INDIANAPOLIS IN 46250
Brent M Davies director 5965 SOUTH 900 EAST SUITE 350, MURRAY UT 84121
Frances M. Jandjel officer: CFO & Executive Vice President 5000 QUORUM DRIVE SUITE 400, DALLAS TX 75254
Dustin H. Mcintire officer: Chief Technology Officer 5300 VIA ANDREA, NEWBURY CA 91320
Brian M Kelly officer: Exec VP for Business Dev 2445 FIFTH AVENUE, SUITE 450, SAN DIEGO CA 92101
Wade Martin R Iii officer: Chief Financial Officer 100 ROWLAND WAY, SUITE 300, NOVATO CA 94945
Harold Marion Patterson officer: Chief Operating Officer 5000 QUORUM DRIVE, SUITE 400, DALLAS TX 75254
Kaumudi Kay Kapoor director 9814 POTOMAC MANORS DRIVE, POTOMAC MD 20854
Kevin Sherlock officer: General Counsel and Secretary 4605 N PASEO AQUIMURI, TUCSON AZ 85750
Mohan Rao Tammisetti officer: SVP Engineering 25643 SOUTH VILLAGE DRIVE, SOUTH RIDING VA 20152
David Aguilar director 12213 CHAPEL ROAD, CLIFTON VA 20124
Daniel L. Hodges director, 10 percent owner, officer: Chief Executive Officer 6600 NORTH EAGLE RIDGE DRIVE, TUSCON AZ 85750
Brian T. Mihelich officer: Chief Financial Officer 3028 AVONDALE, THE COLONY TX 75056
James A. Marks director 7 WIRT STREET NW, LEESBURG VA 20176