ASAPF (Aurora Spine) Gross Margin %: 62.58% (As of Mar. 2026) — 22% Above Median


ASAPF Aurora Spine Corp ASAPF
40 GF Score
Price $0.16
GF Value $0.22
Valuation Possible Value Trap
! 4 Warning Signs
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What is Aurora Spine Gross Margin %?

Aurora Spine ASAPF 40 Gross Margin % is 62.58% as of Mar. 2026, which is 22% above its 10-year median of 51.30. GuruFocus rates ASAPF with a GF Score™ of 40/100 and a GF Value™ of $0.22 (Possible Value Trap). The stock has 4 warning signs investors should review. Among 805 Medical Devices & Instruments companies, Aurora Spine ranks better than 65.59% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Aurora Spine's Gross Profit for the three months ended in Mar. 2026 was $2.78 Mil. Aurora Spine's Revenue for the three months ended in Mar. 2026 was $4.44 Mil. Therefore, Aurora Spine's Gross Margin % for the quarter that ended in Mar. 2026 was 62.58%.


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

ASAPF' s Gross Margin % Range Over the Past 10 Years
Min: 31.8   Med: 51.3   Max: 62.07
Current: 62.07


During the past 13 years, the highest Gross Margin % of Aurora Spine was 62.07%. The lowest was 31.80%. And the median was 51.30%.

ASAPF's Gross Margin % is ranked better than
65.59% of 805 companies
in the Medical Devices & Instruments industry
Industry Median: 52.07 vs ASAPF: 62.07

Aurora Spine had a gross margin of 62.58% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Aurora Spine was 9.00% per year.


Aurora Spine  (OTCPK:ASAPF) 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

Aurora Spine had a gross margin of 62.58% for the quarter that ended in Mar. 2026 => 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.


Aurora Spine Gross Margin % Related Terms


Aurora Spine Gross Margin % Historical Data

* Premium members only.

The historical data trend for Aurora Spine'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.

Aurora Spine Gross Margin % Chart

Aurora Spine Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 45.84 52.50 56.55 60.55 60.97

Aurora Spine Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
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 58.03 62.24 60.91 62.47 62.58

ASAPF vs ABT, SYK, MDT: Gross Margin % Comparison

For the Medical Devices subindustry, Aurora Spine'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.


Aurora Spine Gross Margin % vs Medical Devices & Instruments Industry

For the Medical Devices & Instruments industry and Healthcare sector, Aurora Spine's Gross Margin % distribution charts can be found below:

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


ASAPF
40GF Score
Aurora Spine Corp ASAPF
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Aurora Spine Gross Margin % Calculation

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

Aurora Spine's Gross Margin for the fiscal year that ended in Dec. 2025 is calculated as

Gross Margin % (A: Dec. 2025 )=Gross Profit (A: Dec. 2025 ) / Revenue (A: Dec. 2025 )
=11.2 / 18.368
=(Revenue - Cost of Goods Sold) / Revenue
=(18.368 - 7.169) / 18.368
=60.97 %

Aurora Spine's Gross Margin for the quarter that ended in Mar. 2026 is calculated as


Gross Margin % (Q: Mar. 2026 )=Gross Profit (Q: Mar. 2026 ) / Revenue (Q: Mar. 2026 )
=2.8 / 4.436
=(Revenue - Cost of Goods Sold) / Revenue
=(4.436 - 1.66) / 4.436
=62.58 %

* 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.

Frequently Asked Questions Learn more about Gross Margin % →
What does a Gross Margin % of 62.58% mean?
Aurora Spine (ASAPF) has a Gross Margin % of 62.58% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Aurora Spine and its competitors. This is 22% above median its historical median of 51.30. Over the past decade, Aurora Spine's Gross Margin % has ranged from 31.80 to 62.07. According to the industry distribution chart, Aurora Spine ranks #277 out of 805 companies in the Medical Devices & Instruments industry, placing it in the top 34.4%.
Is Aurora Spine's Gross Margin % too high?
Aurora Spine's current Gross Margin % of 62.58% is 22% above median its 10-year median of 51.30. Over the past 10 years, this metric has ranged from a low of 31.80 to a high of 62.07. The Medical Devices & Instruments industry median Gross Margin % is 52.07. Aurora Spine's value of 62.58% is 20.2% above this industry median. Based on the distribution chart, Aurora Spine ranks #277 out of 805 companies in the Medical Devices & Instruments industry, which is above the industry midpoint. Overall, Aurora Spine has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Aurora Spine's Gross Margin % compare to ABT and SYK?
According to the Medical Devices & Instruments industry distribution chart, Aurora Spine ranks #277 out of 805 companies for Gross Margin %. This puts Aurora Spine in the upper half of its industry. The industry median Gross Margin % is 52.07. Aurora Spine's value of 62.58% is 20.2% above this benchmark. Historically, Aurora Spine's own Gross Margin % has ranged from 31.80 to 62.07 over the past decade. While the company's 10-year median is 51.30 vs. the industry median of 52.07, Aurora Spine has consistently been above the industry average. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Margin % for a Medical Devices & Instruments company?
The median Gross Margin % among Medical Devices & Instruments companies is 52.07, based on 805 companies in the industry. Companies in the top quartile (top 25%) have a Gross Margin % significantly above this median, while those in the bottom quartile fall well below. However, Gross Margin % should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Aurora Spine's current Gross Margin % of 62.58% is 20.2% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Margin % mean?
A high Gross Margin % can signal that a stock is expensive relative to its fundamentals. Gross margin is the ratio of total gross profit to net sales. View historical data on Aurora Spine and its competitors. For the Medical Devices & Instruments industry, the median Gross Margin % is 52.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Aurora Spine's current Gross Margin % is 62.58%, which is 22% above median its own 10-year median of 51.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Aurora Spine stock overvalued right now?
Based on GuruFocus' analysis, Aurora Spine (ASAPF) is currently considered Possible Value Trap. The stock's GF Value™ is $0.22, compared to a current price of $0.16 — trading 29.5% below its estimated fair value. The current Gross Margin % is 62.58%, which is 22% above median its 10-year median of 51.30 and 20.2% above the Medical Devices & Instruments industry median of 52.07. Aurora Spine's overall GF Score™ is 40/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Margin % calculated?
Gross Margin % is calculated from a company's financial statements. For Aurora Spine (ASAPF), the current Gross Margin % is 62.58% as of Mar. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Aurora Spine (ASAPF) Overvalued in 2026?

Based on GuruFocus' analysis, Aurora Spine stock appears to be undervalued. The current stock price of $0.16 is trading 29.5% below its estimated GF Value™ of $0.22. GuruFocus considers Aurora Spine to be Possible Value Trap.

Key valuation signals for ASAPF:

  • Gross Margin %: 62.58% (22% above median its 10-year median of 51.30)
  • GF Value™: $0.22 vs. price of $0.16 (29.5% below fair value)
  • GF Score™: 40/100 with 4 warning signs
  • Industry Position: 20.2% above the Medical Devices & Instruments median (#277 of 805)

No single metric tells the full story. See the ASAPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Aurora Spine Business Description

Other Exchanges ASG:Canada
Address 20 Holly Street, Suite 300, Toronto, ON, CAN, M4S 3B1
Aurora Spine Corp is engaged in the development, manufacture, and sale of minimally invasive, interspinous fusion systems and devices. These 510K and patent protected medical devices improve patient outcomes in the area of spine and sacroiliac joint surgical procedures. The company is focused on bringing new solutions to the spinal implant market through a series of minimally invasive, regenerative spinal implant technologies.
40GF Score

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Gross Margin % is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.16
Price
$0.22
GF Value