Light Science Technologies Holdings (LSE:LST) Gross Margin %: 30.18% (As of Nov. 2025) — 31% Above Median


What is Light Science Technologies Holdings Gross Margin %?

Light Science Technologies Holdings LSE:LST +5.45% Gross Margin % is 30.18% as of Nov. 2025, which is 31% above its 10-year median of 23.02. The stock has 2 warning signs investors should review. Among 2,450 Hardware companies, Light Science Technologies Holdings ranks better than 67.39% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Light Science Technologies Holdings's Gross Profit for the six months ended in Nov. 2025 was £1.08 Mil. Light Science Technologies Holdings's Revenue for the six months ended in Nov. 2025 was £3.58 Mil. Therefore, Light Science Technologies Holdings's Gross Margin % for the quarter that ended in Nov. 2025 was 30.18%.


The historical rank and industry rank for Light Science Technologies Holdings's Gross Margin % or its related term are showing as below:

LSE:LST' s Gross Margin % Range Over the Past 10 Years
Min: 17.67   Med: 23.02   Max: 33.76
Current: 33.76


During the past 8 years, the highest Gross Margin % of Light Science Technologies Holdings was 33.76%. The lowest was 17.67%. And the median was 23.02%.

LSE:LST's Gross Margin % is ranked better than
67.39% of 2450 companies
in the Hardware industry
Industry Median: 24.53 vs LSE:LST: 33.76

Light Science Technologies Holdings had a gross margin of 30.18% for the quarter that ended in Nov. 2025 => Competition eroding margins

The 5-Year average Growth Rate of Gross Margin for Light Science Technologies Holdings was 9.80% per year.


Light Science Technologies Holdings  (LSE:LST) 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

Light Science Technologies Holdings had a gross margin of 30.18% for the quarter that ended in Nov. 2025 => 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.


Light Science Technologies Holdings Gross Margin % Related Terms


Light Science Technologies Holdings Gross Margin % Historical Data

* Premium members only.

The historical data trend for Light Science Technologies Holdings'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.

Light Science Technologies Holdings Gross Margin % Chart

Light Science Technologies Holdings Annual Data
Trend Nov18 Nov19 Nov20 Nov21 Nov22 Nov23 Nov24 Nov25
Gross Margin %
Get a 7-Day Free Trial 22.22 17.67 23.38 30.27 33.76

Light Science Technologies Holdings Semi-Annual Data
Nov18 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24 Nov24 May25 Nov25
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 25.53 26.56 33.10 36.29 30.18

LSE:LST vs APH, GLW, TEL: Gross Margin % Comparison

For the Electronic Components subindustry, Light Science Technologies Holdings'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.


Light Science Technologies Holdings Gross Margin % vs Hardware Industry

For the Hardware industry and Technology sector, Light Science Technologies Holdings's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Light Science Technologies Holdings's Gross Margin % falls into.



Light Science Technologies Holdings Gross Margin % Calculation

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

Light Science Technologies Holdings's Gross Margin for the fiscal year that ended in Nov. 2025 is calculated as

Gross Margin % (A: Nov. 2025 )=Gross Profit (A: Nov. 2025 ) / Revenue (A: Nov. 2025 )
=2.9 / 8.632
=(Revenue - Cost of Goods Sold) / Revenue
=(8.632 - 5.718) / 8.632
=33.76 %

Light Science Technologies Holdings's Gross Margin for the quarter that ended in Nov. 2025 is calculated as


Gross Margin % (Q: Nov. 2025 )=Gross Profit (Q: Nov. 2025 ) / Revenue (Q: Nov. 2025 )
=1.1 / 3.575
=(Revenue - Cost of Goods Sold) / Revenue
=(3.575 - 2.496) / 3.575
=30.18 %

* 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 30.18% mean?
Light Science Technologies Holdings (LSE:LST) has a Gross Margin % of 30.18% as of Nov. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Light Science Technologies Holdings and its competitors. This is 31% above median its historical median of 23.02. Over the past decade, Light Science Technologies Holdings' Gross Margin % has ranged from 17.67 to 33.76. According to the industry distribution chart, Light Science Technologies Holdings ranks #799 out of 2450 companies in the Hardware industry, placing it in the top 32.6%.
Is Light Science Technologies Holdings' Gross Margin % too high?
Light Science Technologies Holdings' current Gross Margin % of 30.18% is 31% above median its 10-year median of 23.02. Over the past 10 years, this metric has ranged from a low of 17.67 to a high of 33.76. The Hardware industry median Gross Margin % is 24.53. Light Science Technologies Holdings' value of 30.18% is 23% above this industry median. Based on the distribution chart, Light Science Technologies Holdings ranks #799 out of 2450 companies in the Hardware industry, which is above the industry midpoint.
How does Light Science Technologies Holdings' Gross Margin % compare to APH and GLW?
According to the Hardware industry distribution chart, Light Science Technologies Holdings ranks #799 out of 2450 companies for Gross Margin %. This puts Light Science Technologies Holdings in the upper half of its industry. The industry median Gross Margin % is 24.53. Light Science Technologies Holdings' value of 30.18% is 23% above this benchmark. Historically, Light Science Technologies Holdings' own Gross Margin % has ranged from 17.67 to 33.76 over the past decade. While the company's 10-year median is 23.02 vs. the industry median of 24.53, Light Science Technologies Holdings 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 Hardware company?
The median Gross Margin % among Hardware companies is 24.53, based on 2,450 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. Light Science Technologies Holdings's current Gross Margin % of 30.18% is 23% 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 Light Science Technologies Holdings and its competitors. For the Hardware industry, the median Gross Margin % is 24.53 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Light Science Technologies Holdings's current Gross Margin % is 30.18%, which is 31% above median its own 10-year median of 23.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Light Science Technologies Holdings stock overvalued right now?
Based on GuruFocus' analysis, Light Science Technologies Holdings (LSE:LST) is currently considered Modestly Undervalued. The stock's GF Value™ is £0.02, compared to a current price of £0.01 — trading 27.5% below its estimated fair value. The current Gross Margin % is 30.18%, which is 31% above median its 10-year median of 23.02 and 23% above the Hardware industry median of 24.53. 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 Light Science Technologies Holdings (LSE:LST), the current Gross Margin % is 30.18% as of Nov. 2025. 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.

Light Science Technologies Holdings Business Description

Other Exchanges 9FD:Germany
Address Painters Lane, The Byre Ednaston Park Business Centre, Ednaston, Ashbourne, Derbyshire, GBR, DE6 3FA
Light Science Technologies Holdings PLC focuses on the development and manufacturing of Contract electronic boards and lighting and technology products for the Controlled Environment Agriculture (CEA) sector. The company operates in Contract Electronics Manufacturing, Agtech, and Passive fire protection. The company generates maximum revenue from the Contract electronics manufacturing segment. Geographically, the company operates in United Kingdom, Europe and Rest of the World, of which it derives maximum revenue from United Kingdom.