Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) Gross Margin %: 15.41% (As of Mar. 2026) — 41% Below Median

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IST:FORTE Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
61 GF Score
Price ₺109.50
! 8 Warning Signs
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What is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Gross Margin %?

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS IST:FORTE +4.58% 61 Gross Margin % is 15.41% as of Mar. 2026, which is 41% below its 10-year median of 26.29. GuruFocus rates IST:FORTE with a GF Score™ of 61/100. The stock has 8 warning signs investors should review. Among 2,688 Software companies, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks worse than 57.63% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Gross Profit for the three months ended in Mar. 2026 was ₺153 Mil. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Revenue for the three months ended in Mar. 2026 was ₺992 Mil. Therefore, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Gross Margin % for the quarter that ended in Mar. 2026 was 15.41%.


The historical rank and industry rank for Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Gross Margin % or its related term are showing as below:

IST:FORTE' s Gross Margin % Range Over the Past 10 Years
Min: 18.03   Med: 26.29   Max: 41.05
Current: 34.47


During the past 6 years, the highest Gross Margin % of Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS was 41.05%. The lowest was 18.03%. And the median was 26.29%.

IST:FORTE's Gross Margin % is ranked worse than
57.63% of 2688 companies
in the Software industry
Industry Median: 40.48 vs IST:FORTE: 34.47

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS had a gross margin of 15.41% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS was 7.40% per year.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS  (IST:FORTE) 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

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS had a gross margin of 15.41% for the quarter that ended in Mar. 2026 => No sustainable 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.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Gross Margin % Related Terms


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Gross Margin % Historical Data

* Premium members only.

The historical data trend for Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Gross Margin % Chart

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Annual Data
Trend Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 18.03 26.16 34.01 18.21 41.05

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Quarterly Data
Dec20 Dec21 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 25.50 16.88 13.57 60.92 15.41

IST:FORTE vs UBER, SHOP, CRM: Gross Margin % Comparison

For the Software - Application subindustry, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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.


Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Gross Margin % vs Software Industry

For the Software industry and Technology sector, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Gross Margin % falls into.


IST:FORTE
61GF Score
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS IST:FORTE
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Gross Margin % Calculation

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

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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 )
=1000.5 / 2437.634
=(Revenue - Cost of Goods Sold) / Revenue
=(2437.634 - 1437.094) / 2437.634
=41.05 %

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS'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 )
=152.9 / 991.714
=(Revenue - Cost of Goods Sold) / Revenue
=(991.714 - 838.862) / 991.714
=15.41 %

* 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 15.41% mean?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a Gross Margin % of 15.41% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. This is 41% below median its historical median of 26.29. Over the past decade, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Gross Margin % has ranged from 18.03 to 41.05. According to the industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1549 out of 2688 companies in the Software industry, placing it in the top 57.6%.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Gross Margin % too high?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Gross Margin % of 15.41% is 41% below median its 10-year median of 26.29. Over the past 10 years, this metric has ranged from a low of 18.03 to a high of 41.05. The Software industry median Gross Margin % is 40.48. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 15.41% is 61.9% below this industry median. Based on the distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1549 out of 2688 companies in the Software industry, which is below the industry midpoint. Overall, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS has a GF Score™ of 61/100, reflecting its overall financial health beyond just this single metric.
How does Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's Gross Margin % compare to UBER and SHOP?
According to the Software industry distribution chart, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS ranks #1549 out of 2688 companies for Gross Margin %. This places Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS in the lower half of its industry. The industry median Gross Margin % is 40.48. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's value of 15.41% is 61.9% below this benchmark. Historically, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's own Gross Margin % has ranged from 18.03 to 41.05 over the past decade. While the company's 10-year median is 26.29 vs. the industry median of 40.48, Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS 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 Software company?
The median Gross Margin % among Software companies is 40.48, based on 2,688 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. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Gross Margin % of 15.41% is 61.9% 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS and its competitors. For the Software industry, the median Gross Margin % is 40.48 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's current Gross Margin % is 15.41%, which is 41% below median its own 10-year median of 26.29. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS stock overvalued right now?
Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE) has a current Gross Margin % of 15.41%. The current Gross Margin % is 15.41%, which is 41% below median its 10-year median of 26.29 and 61.9% below the Software industry median of 40.48. Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS's overall GF Score™ is 61/100 with 8 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 Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS (IST:FORTE), the current Gross Margin % is 15.41% 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.

Forte Bilgi Iletisim Teknolojileri Vevunmanayi AS Business Description

Address Mustafa Kemal Neighbourhood 2123. Street, Cepa Site Shopping Center No:2/501 Cankaya, Ankara, TUR
Forte Bilgi Iletisim Teknolojileri Ve Savunma Sanayi AS operates in the fields of system integration and software development. It offers system infrastructure, system integration, software development, consultancy, and Technical Documentation Authoring, Material Coding, and Technical Services.
61GF Score

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