Marin Software (Marin Software) Gross Profit : $7.04 Mil (TTM As of Mar. 2024)

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What is Marin Software Gross Profit?

Marin Software's gross profit for the three months ended in Mar. 2024 was $2.29 Mil. Marin Software's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $7.04 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Marin Software's gross profit for the three months ended in Mar. 2024 was $2.29 Mil. Marin Software's Revenue for the three months ended in Mar. 2024 was $4.03 Mil. Therefore, Marin Software's Gross Margin % for the quarter that ended in Mar. 2024 was 56.76%.

Marin Software had a gross margin of 56.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Marin Software was 64.75%. The lowest was 34.38%. And the median was 53.56%.

Warning Sign:

Marin Software Inc gross margin has been in long-term decline. The average rate of decline per year is -8.9%.

Marin Software Gross Profit Historical Data

The historical data trend for Marin Software'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.

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Marin Software Gross Profit Chart

Marin Software Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Gross Profit

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26.19

12.04

11.54

7.22

6.10

Marin Software Quarterly Data
	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Gross Profit	Get a 7-Day Free Trial															1.34	1.19	1.35	2.22	2.29

Competitive Comparison of Marin Software's Gross Profit

For the Software - Application subindustry, Marin Software'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.

Marin Software's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Marin Software's Gross Profit distribution charts can be found below:

* The bar in red indicates where Marin Software's Gross Profit falls into.

Marin Software Gross Profit Calculation

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

Marin Software'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
	=	17.731	-	11.635
	=	6.10

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

Gross Profit (Q: Mar. 2024 )	=	Revenue	-	Cost of Goods Sold
	=	4.031	-	1.743
	=	2.29

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 $7.04 Mil.

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

Marin Software'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
	=	2.29	/	4.031
	=	56.76 %

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.

Marin Software (NAS:MRIN) 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

Marin Software had a gross margin of 56.76% for the quarter that ended in Mar. 2024 => Durable competitive advantage

Marin Software Gross Profit Related Terms

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Marin Software (Marin Software) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Software » Marin Software Inc (NAS:MRIN) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

2MAA:Germany

Address

845 Market Street, Suite 450, San Francisco, CA, USA, 94103

Website

https://www.marinsoftware.com

Marin Software Inc provides a cloud-based digital advertising management solution for search, display, social and mobile advertising channels to improve financial performance, realize efficiencies and time savings and improve business decisions. The company's enterprise marketing software platform is offered as an integrated software-as-a-service (SaaS) solution for advertisers and agencies. Its software solution is designed to help its customers measure the effectiveness of their advertising campaigns through its reporting and analytics capabilities; manage and execute campaigns through its user interface and underlying technology that streamlines and automates functions. All the business activity of the firm is functioned through the geographical regions of The United States.

Executives

Robert Bertz	officer: CFO	123 MISSION STREET, 27TH FLOOR, SAN FRANCISCO CA 94105
Christopher A. Lien	director, officer: Chief Executive Officer	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Diena Lee Mann	director	C/O MARIN SOFTWARE INC., 123 MISSION ST, 25TH FLOOR, SAN FRANCISCO CA 94105
Brian K Kinion	director	C/O MARKETO INC., 901 MARINERS ISLAND BLVD., SUITE 500, SAN MATEO CA 94404
Donald P. Hutchison	director	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94104
Wister Walcott	officer: EVP, Products and Platform	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
L Gordon Crovitz	director
Esw Capital, Llc	10 percent owner	401 CONGRESS AVENUE, SUITE 2650, AUSTIN TX 78701
Joseph Liemandt	10 percent owner	5001 PLAZA ON THE LAKE, AUSTIN TX 78746
Yagnesh Patel	officer: VP,InterimPrinFin&AcctgOff	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bradley Kinnish	officer: VP Finance, Acting CFO	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Bruce Dunlevie	director, 10 percent owner	2480 SAND HILL ROAD, SUITE 200, MENLO PARK CA 94025
Catriona M. Fallon	officer: Chief Financial Officer	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Jugnu Bhatia	officer: Controller,InterimPrinAcctgOff	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105
Parveen Nandal	officer: VP Fin,InterimPrinFinanOff	C/O MARIN SOFTWARE INCORPORATED, 123 MISSION STREET, 25TH FLOOR, SAN FRANCISCO CA 94105