AIRO Group (AIRO Group) COGS-to-Revenue : 0.38 (As of Jun. 2023)

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What is AIRO Group COGS-to-Revenue?

AIRO Group's Cost of Goods Sold for the three months ended in Jun. 2023 was $4.12 Mil. Its Revenue for the three months ended in Jun. 2023 was $10.88 Mil.

AIRO Group's COGS to Revenue for the three months ended in Jun. 2023 was 0.38.

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin. AIRO Group's Gross Margin % for the three months ended in Jun. 2023 was 62.16%.

AIRO Group COGS-to-Revenue Historical Data

The historical data trend for AIRO Group's COGS-to-Revenue 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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AIRO Group COGS-to-Revenue Chart

AIRO Group Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

COGS-to-Revenue

0.70

0.76

0.42

AIRO Group Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Dec23
COGS-to-Revenue	Get a 7-Day Free Trial					0.62	0.72	0.60	0.38	-

AIRO Group COGS-to-Revenue Calculation

AIRO Group's COGS to Revenue for the fiscal year that ended in Dec. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	18.34	/	43.254
	=	0.42

AIRO Group's COGS to Revenue for the quarter that ended in Jun. 2023 is calculated as

COGS to Revenue	=	Cost of Goods Sold	/	Revenue
	=	4.117	/	10.88
	=	0.38

AIRO Group (NAS:AIRO) COGS-to-Revenue Explanation

Cost of Goods Sold is directly linked to profitability of the company through Gross Margin.

AIRO Group's Gross Margin % for the three months ended in Jun. 2023 is calculated as:

Gross Margin %	=	1	-	COGS to Revenue
	=	1	-	Cost of Goods Sold / Revenue
	=	1	-	4.117 / 10.88
	=	62.16 %

A company that has a moat can usually maintain or even expand their Gross Margin. A company can increase its Gross Margin in two ways. It can increase the prices of the goods it sells and keeps its Cost of Goods Sold unchanged. Or it can keep the sales price unchanged and squeeze its suppliers to reduce the Cost of Goods Sold. Warren Buffett believes businesses with the power to raise prices have moats.

AIRO Group COGS-to-Revenue Related Terms

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AIRO Group (AIRO Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Industrials » Aerospace & Defense » AIRO Group Inc (NAS:AIRO) » Definitions » COGS-to-Revenue

Comparable Companies

Traded in Other Exchanges

N/A

Address

5001 Indian School Road NE, Suite 100, Albuquerque, NM, USA, 87110

Website

https://www.theairogroup.com

AIRO Group Holdings Inc is a multi-faceted air mobility, autonomy & aerospace platform with differentiated technologies and capabilities dynamically addressing high-growth market trends across the entire Drone Ecosystem with a compelling range of drone technologies & services, avionics and defense training. AIRO provides a diversified product portfolio, ranging from established and mature product offerings to innovative drone and eVTOL solutions, with a balanced customer mix, both military and civil. Its wholly-owned subsidiaries are organized across four complimentary strategic divisions, each with a diverse set of partners and customers and each representing a large and fast-growing market segment: Advanced Avionics; Training; Uncrewed Air Systems; and Electric Air Mobility.

AIRO Group (AIRO Group) Headlines

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