BRAG (Bragg Gaming Group) Gross Margin %: 55.46% (As of Mar. 2026) — Near Median


BRAG Bragg Gaming Group Inc BRAG
44 GF Score
Price $1.75
GF Value $4.51
Valuation Possible Value Trap
! 1 Warning Sign
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What is Bragg Gaming Group Gross Margin %?

Bragg Gaming Group BRAG +4.48% 44 Gross Margin % is 55.46% as of Mar. 2026, which is 9% above its 10-year median of 50.77. GuruFocus rates BRAG with a GF Score™ of 44/100 and a GF Value™ of $4.51 (Possible Value Trap). The stock has 1 warning sign investors should review. Among 793 Travel & Leisure companies, Bragg Gaming Group ranks better than 66.2% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Bragg Gaming Group's Gross Profit for the three months ended in Mar. 2026 was $16.4 Mil. Bragg Gaming Group's Revenue for the three months ended in Mar. 2026 was $29.7 Mil. Therefore, Bragg Gaming Group's Gross Margin % for the quarter that ended in Mar. 2026 was 55.46%.


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

BRAG' s Gross Margin % Range Over the Past 10 Years
Min: 43.49   Med: 50.77   Max: 54.99
Current: 54.87


During the past 13 years, the highest Gross Margin % of Bragg Gaming Group was 54.99%. The lowest was 43.49%. And the median was 50.77%.

BRAG's Gross Margin % is ranked better than
66.2% of 793 companies
in the Travel & Leisure industry
Industry Median: 44.02 vs BRAG: 54.87

Bragg Gaming Group had a gross margin of 55.46% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Bragg Gaming Group was 4.20% per year.


Bragg Gaming Group  (NAS:BRAG) 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

Bragg Gaming Group had a gross margin of 55.46% 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.


Bragg Gaming Group Gross Margin % Related Terms


Bragg Gaming Group Gross Margin % Historical Data

* Premium members only.

The historical data trend for Bragg Gaming Group'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.

Bragg Gaming Group Gross Margin % Chart

Bragg Gaming Group Annual Data
Trend Jan16 Jan17 Mar18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 48.56 53.20 53.40 52.99 54.99

Bragg Gaming Group 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 56.00 52.70 54.66 56.54 55.46

BRAG vs FLUT, DKNG, LNWO: Gross Margin % Comparison

For the Gambling subindustry, Bragg Gaming Group'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.


Bragg Gaming Group Gross Margin % vs Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Bragg Gaming Group's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Bragg Gaming Group's Gross Margin % falls into.


BRAG
44GF Score
Bragg Gaming Group Inc BRAG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Bragg Gaming Group Gross Margin % Calculation

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

Bragg Gaming Group'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 )
=68.3 / 124.208
=(Revenue - Cost of Goods Sold) / Revenue
=(124.208 - 55.906) / 124.208
=54.99 %

Bragg Gaming Group'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 )
=16.4 / 29.655
=(Revenue - Cost of Goods Sold) / Revenue
=(29.655 - 13.208) / 29.655
=55.46 %

* 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 55.46% mean?
Bragg Gaming Group (BRAG) has a Gross Margin % of 55.46% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Bragg Gaming Group and its competitors. This is near median its historical median of 50.77. Over the past decade, Bragg Gaming Group's Gross Margin % has ranged from 43.49 to 54.99. According to the industry distribution chart, Bragg Gaming Group ranks #268 out of 793 companies in the Travel & Leisure industry, placing it in the top 33.8%.
Is Bragg Gaming Group's Gross Margin % too high?
Bragg Gaming Group's current Gross Margin % of 55.46% is near median its 10-year median of 50.77. Over the past 10 years, this metric has ranged from a low of 43.49 to a high of 54.99. The Travel & Leisure industry median Gross Margin % is 44.02. Bragg Gaming Group's value of 55.46% is 26% above this industry median. Based on the distribution chart, Bragg Gaming Group ranks #268 out of 793 companies in the Travel & Leisure industry, which is above the industry midpoint. Overall, Bragg Gaming Group has a GF Score™ of 44/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Bragg Gaming Group's Gross Margin % compare to FLUT and DKNG?
According to the Travel & Leisure industry distribution chart, Bragg Gaming Group ranks #268 out of 793 companies for Gross Margin %. This puts Bragg Gaming Group in the upper half of its industry. The industry median Gross Margin % is 44.02. Bragg Gaming Group's value of 55.46% is 26% above this benchmark. Historically, Bragg Gaming Group's own Gross Margin % has ranged from 43.49 to 54.99 over the past decade. While the company's 10-year median is 50.77 vs. the industry median of 44.02, Bragg Gaming Group 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 Travel & Leisure company?
The median Gross Margin % among Travel & Leisure companies is 44.02, based on 793 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. Bragg Gaming Group's current Gross Margin % of 55.46% is 26% 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 Bragg Gaming Group and its competitors. For the Travel & Leisure industry, the median Gross Margin % is 44.02 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Bragg Gaming Group's current Gross Margin % is 55.46%, which is near median its own 10-year median of 50.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Bragg Gaming Group stock overvalued right now?
Based on GuruFocus' analysis, Bragg Gaming Group (BRAG) is currently considered Possible Value Trap. The stock's GF Value™ is $4.51, compared to a current price of $1.75 — trading 61.2% below its estimated fair value. The current Gross Margin % is 55.46%, which is near median its 10-year median of 50.77 and 26% above the Travel & Leisure industry median of 44.02. Bragg Gaming Group's overall GF Score™ is 44/100 with 1 warning sign 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 Bragg Gaming Group (BRAG), the current Gross Margin % is 55.46% 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 Bragg Gaming Group (BRAG) Overvalued in 2026?

Based on GuruFocus' analysis, Bragg Gaming Group stock appears to be undervalued. The current stock price of $1.75 is trading 61.2% below its estimated GF Value™ of $4.51. GuruFocus considers Bragg Gaming Group to be Possible Value Trap.

Key valuation signals for BRAG:

  • Gross Margin %: 55.46% (near median its 10-year median of 50.77)
  • GF Value™: $4.51 vs. price of $1.75 (61.2% below fair value)
  • GF Score™: 44/100 with 1 warning sign
  • Industry Position: 26% above the Travel & Leisure median (#268 of 793)

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


Bragg Gaming Group Business Description

Other Exchanges SL4:GermanyBRAG:Canada
Address 130 King Street West, Suite 1955, Exchange Tower, Toronto, ON, CAN, M5X 1E3
Bragg Gaming Group Inc is predominantly a B2B online gaming technology platform and casino content aggregator. The company's proprietary studios offer high-performing, data-driven casino gaming titles from in-house brands Wild Streak, Spin, Atomic Slot Lab, Indigo Magic, and Oryx Gaming. It offers a full range of games including slot games, table games, card games, video bingo, scratch card games, virtual sports, and live dealer games which are featured on the company's PAM platform and also available for use on other gaming platforms offered by third parties. Geographically, the company generates a majority of its revenue from Malta, and the rest from Netherlands, Curacao, the United States, Croatia, Marshall Islands, Brazil, Isle of Man, Belgium, Czech Republic, and other regions.
44GF Score

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

$1.75
Price
$4.51
GF Value