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DAIO (Data I/O) Gross Margin % : 53.92% (As of Sep. 2024)


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What is Data I/O Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Data I/O's Gross Profit for the three months ended in Sep. 2024 was $2.92 Mil. Data I/O's Revenue for the three months ended in Sep. 2024 was $5.42 Mil. Therefore, Data I/O's Gross Margin % for the quarter that ended in Sep. 2024 was 53.92%.


The historical rank and industry rank for Data I/O's Gross Margin % or its related term are showing as below:

DAIO' s Gross Margin % Range Over the Past 10 Years
Min: 52.43   Med: 55.97   Max: 59.39
Current: 54.96


During the past 13 years, the highest Gross Margin % of Data I/O was 59.39%. The lowest was 52.43%. And the median was 55.97%.

DAIO's Gross Margin % is ranked better than
90.92% of 2422 companies
in the Hardware industry
Industry Median: 24.655 vs DAIO: 54.96

Data I/O had a gross margin of 53.92% for the quarter that ended in Sep. 2024 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Data I/O was -0.80% per year.


Data I/O Gross Margin % Historical Data

The historical data trend for Data I/O'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.

Data I/O Gross Margin % Chart

Data I/O Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 58.19 53.24 56.98 54.55 57.68

Data I/O Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 53.65 58.06 52.80 54.46 53.92

Competitive Comparison of Data I/O's Gross Margin %

For the Electronic Components subindustry, Data I/O'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.


Data I/O's Gross Margin % Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Data I/O's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Data I/O's Gross Margin % falls into.



Data I/O Gross Margin % Calculation

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

Data I/O's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=16.2 / 28.064
=(Revenue - Cost of Goods Sold) / Revenue
=(28.064 - 11.878) / 28.064
=57.68 %

Data I/O's Gross Margin for the quarter that ended in Sep. 2024 is calculated as


Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=2.9 / 5.423
=(Revenue - Cost of Goods Sold) / Revenue
=(5.423 - 2.499) / 5.423
=53.92 %

* 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.


Data I/O  (NAS:DAIO) 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

Data I/O had a gross margin of 53.92% for the quarter that ended in Sep. 2024 => 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.


Data I/O Gross Margin % Related Terms

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


Data I/O Business Description

Traded in Other Exchanges
N/A
Address
6645 185th Avenue NE, Suite 100, Redmond, WA, USA, 98052
Data I/O Corp is a provider of programming, security deployment, security provisioning and associated Intellectual Property protection and management solutions used in electronics manufacturing with flash memory, microcontrollers, and flash memory-based intelligent devices as well as secure element devices, authentication devices and secure microcontrollers. It is engaged in focused on the design, manufacturing and sale of programming systems used by designers and manufacturers of electronic products. It has its geographic presence in United States, Europe and Rest of the world.
Executives
Douglas Wells Brown director 6464 185TH AVE NE, SUITE 101, REDMOND WA 98052
Gerald Yat Ng officer: Vice President Finance 16220 WOOD-RED ROAD NE, WOODINVILLE WA 98072
William O. Wentworth director 8 DYER AVE, SALEM NH 03079
Edward J Smith director 635 HOOD ROAD, MARKHAM A6 L3R 4N6
Cheemin Bo-linn director 4555 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Anthony Ambrose director, officer: President 6645 185TH AVE NE SUITE 100, REDMOND WA 98052
Rajeev Gulati officer: Vice President CTO 6464 185TH AVE NE, SUITE 101, REDMOND WA 98052
Joel S Hatlen officer: Chief Financial Officer DATA IO CORP, 6464 185TH AVE NE, SUITE 101, REDMOND WA 98052
Sally A. Washlow director 6500 W. CORTLAND STREET, CHICAGO IL 60607
John D Delafield director 1301 SECOND AVENUE, SUITE 2850, SEATTLE WA 98101
Michael R Tidwell officer: Vice President Mktg & Bus Dev 6645 185TH AVE NE, SUITE 100, REDMOND WA 98052
Alan B Howe director 1155 KAS DRIVE SUITE 100, RICHARDSON TX 75081
Mark J Gallenberger director LTX-CREDENCE CORPORATION, 825 UNIVERSITY AVENUE, NORWOOD MA 02062
David Kanen 10 percent owner 6429 NW 65TH WAY, PARKLAND FL 33067
Kanen Wealth Management Llc 10 percent owner 5850 CORAL RIDGE DRIVE, SUITE 309, CORAL SPRINGS FL 33076