EMCMF (Emerge Commerce) Gross Margin %: 34.89% (As of Mar. 2026) — 20% Below Median


What is Emerge Commerce Gross Margin %?

Emerge Commerce EMCMF Gross Margin % is 34.89% as of Mar. 2026, which is 20% below its 10-year median of 43.39. The stock has 6 warning signs investors should review. Among 1,117 Retail - Cyclical companies, Emerge Commerce ranks worse than 51.66% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Emerge Commerce's Gross Profit for the three months ended in Mar. 2026 was $1.50 Mil. Emerge Commerce's Revenue for the three months ended in Mar. 2026 was $4.31 Mil. Therefore, Emerge Commerce's Gross Margin % for the quarter that ended in Mar. 2026 was 34.89%.

Warning Sign:

Emerge Commerce Ltd gross margin has been in long-term decline. The average rate of decline per year is -11.3%.


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

EMCMF' s Gross Margin % Range Over the Past 10 Years
Min: 35.09   Med: 43.39   Max: 80.84
Current: 35.09


During the past 7 years, the highest Gross Margin % of Emerge Commerce was 80.84%. The lowest was 35.09%. And the median was 43.39%.

EMCMF's Gross Margin % is ranked worse than
51.66% of 1117 companies
in the Retail - Cyclical industry
Industry Median: 36.23 vs EMCMF: 35.09

Emerge Commerce had a gross margin of 34.89% for the quarter that ended in Mar. 2026 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Emerge Commerce was -11.30% per year.


Emerge Commerce  (OTCPK:EMCMF) 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

Emerge Commerce had a gross margin of 34.89% for the quarter that ended in Mar. 2026 => Competition eroding margins


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.


Emerge Commerce Gross Margin % Related Terms


Emerge Commerce Gross Margin % Historical Data

* Premium members only.

The historical data trend for Emerge Commerce'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.

Emerge Commerce Gross Margin % Chart

Emerge Commerce Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 43.38 43.67 38.97 41.02 35.76

Emerge Commerce 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 38.60 36.49 34.09 34.56 34.89

EMCMF vs AMZN, BABA, PDD: Gross Margin % Comparison

For the Internet Retail subindustry, Emerge Commerce'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.


Emerge Commerce Gross Margin % vs Retail - Cyclical Industry

For the Retail - Cyclical industry and Consumer Cyclical sector, Emerge Commerce's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Emerge Commerce's Gross Margin % falls into.



Emerge Commerce Gross Margin % Calculation

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

Emerge Commerce'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 )
=7.2 / 20.049
=(Revenue - Cost of Goods Sold) / Revenue
=(20.049 - 12.879) / 20.049
=35.76 %

Emerge Commerce'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 )
=1.5 / 4.305
=(Revenue - Cost of Goods Sold) / Revenue
=(4.305 - 2.803) / 4.305
=34.89 %

* 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 34.89% mean?
Emerge Commerce (EMCMF) has a Gross Margin % of 34.89% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Emerge Commerce and its competitors. This is 20% below median its historical median of 43.39. Over the past decade, Emerge Commerce's Gross Margin % has ranged from 35.09 to 80.84. According to the industry distribution chart, Emerge Commerce ranks #577 out of 1117 companies in the Retail - Cyclical industry, placing it in the top 51.7%.
Is Emerge Commerce's Gross Margin % too high?
Emerge Commerce's current Gross Margin % of 34.89% is 20% below median its 10-year median of 43.39. Over the past 10 years, this metric has ranged from a low of 35.09 to a high of 80.84. The Retail - Cyclical industry median Gross Margin % is 36.23. Emerge Commerce's value of 34.89% is 3.7% below this industry median. Based on the distribution chart, Emerge Commerce ranks #577 out of 1117 companies in the Retail - Cyclical industry, which is below the industry midpoint.
How does Emerge Commerce's Gross Margin % compare to AMZN and BABA?
According to the Retail - Cyclical industry distribution chart, Emerge Commerce ranks #577 out of 1117 companies for Gross Margin %. This places Emerge Commerce in the lower half of its industry. The industry median Gross Margin % is 36.23. Emerge Commerce's value of 34.89% is 3.7% below this benchmark. Historically, Emerge Commerce's own Gross Margin % has ranged from 35.09 to 80.84 over the past decade. While the company's 10-year median is 43.39 vs. the industry median of 36.23, Emerge Commerce has consistently been below 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 Retail - Cyclical company?
The median Gross Margin % among Retail - Cyclical companies is 36.23, based on 1,117 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. Emerge Commerce's current Gross Margin % of 34.89% is 3.7% below 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 Emerge Commerce and its competitors. For the Retail - Cyclical industry, the median Gross Margin % is 36.23 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Emerge Commerce's current Gross Margin % is 34.89%, which is 20% below median its own 10-year median of 43.39. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Emerge Commerce stock overvalued right now?
Based on GuruFocus' analysis, Emerge Commerce (EMCMF) is currently considered Modestly Overvalued. The stock's GF Value™ is $0.05, compared to a current price of $0.07 — trading 30% above its estimated fair value. The current Gross Margin % is 34.89%, which is 20% below median its 10-year median of 43.39 and 3.7% below the Retail - Cyclical industry median of 36.23. 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 Emerge Commerce (EMCMF), the current Gross Margin % is 34.89% 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.

Emerge Commerce Business Description

Other Exchanges ECOM:Canada
Address 180 John Street, Suite 303, Toronto, ON, CAN, M5T 1X5
Emerge Commerce Ltd is a diversified, rapidly growing acquirer and operator of e-commerce brands. The Company owns and operates a portfolio of e-commerce marketplaces and subscription services in Canada and the United State. The firm's network of subscription and marketplace e-commerce sites provide its members with access to groceries, outdoor gear, golf and other experiences. Its e-commerce portfolio includes truLOCAL.ca, UnderPar.com, Tee 2 Green and JustGolfStuff.ca. Geographically, the company operates in Canada and the USA.