Kinaxis (MEX:KXSN) Gross Margin %: 68.86% (As of Mar. 2026) — Near Median


MEX:KXSN Kinaxis Inc MEX:KXSN
84 GF Score
Price MXN2,217.93
GF Value MXN3,164.93
! 2 Warning Signs
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What is Kinaxis Gross Margin %?

Kinaxis MEX:KXSN 84 Gross Margin % is 68.86% as of Mar. 2026, which is 3% above its 10-year median of 67.06. GuruFocus rates MEX:KXSN with a GF Score™ of 84/100 and a GF Value™ of MXN3,164.93. The stock has 2 warning signs investors should review. Among 2,685 Software companies, Kinaxis ranks better than 75.79% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Kinaxis's Gross Profit for the three months ended in Mar. 2026 was MXN2,056 Mil. Kinaxis's Revenue for the three months ended in Mar. 2026 was MXN2,986 Mil. Therefore, Kinaxis's Gross Margin % for the quarter that ended in Mar. 2026 was 68.86%.

Warning Sign:

Kinaxis Inc gross margin has been in long-term decline. The average rate of decline per year is -1.6%.


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

MEX:KXSN' s Gross Margin % Range Over the Past 10 Years
Min: 60.64   Med: 67.06   Max: 71.89
Current: 65.73


During the past 13 years, the highest Gross Margin % of Kinaxis was 71.89%. The lowest was 60.64%. And the median was 67.06%.

MEX:KXSN's Gross Margin % is ranked better than
75.79% of 2685 companies
in the Software industry
Industry Median: 40.45 vs MEX:KXSN: 65.73

Kinaxis had a gross margin of 68.86% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Kinaxis was -1.60% per year.


Kinaxis  (MEX:KXSN) 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

Kinaxis had a gross margin of 68.86% 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.


Kinaxis Gross Margin % Related Terms


Kinaxis Gross Margin % Historical Data

* Premium members only.

The historical data trend for Kinaxis'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.

Kinaxis Gross Margin % Chart

Kinaxis Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 65.40 64.27 60.64 60.98 64.65

Kinaxis 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 65.17 64.17 63.86 65.35 68.86

MEX:KXSN vs CRM, SHOP, UBER: Gross Margin % Comparison

For the Software - Application subindustry, Kinaxis'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.


Kinaxis Gross Margin % vs Software Industry

For the Software industry and Technology sector, Kinaxis's Gross Margin % distribution charts can be found below:

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


MEX:KXSN
84GF Score
Kinaxis Inc MEX:KXSN
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Kinaxis Gross Margin % Calculation

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

Kinaxis'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 )
=6379 / 9867.664
=(Revenue - Cost of Goods Sold) / Revenue
=(9867.664 - 3488.641) / 9867.664
=64.65 %

Kinaxis'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 )
=2056 / 2985.638
=(Revenue - Cost of Goods Sold) / Revenue
=(2985.638 - 929.622) / 2985.638
=68.86 %

* 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 68.86% mean?
Kinaxis (MEX:KXSN) has a Gross Margin % of 68.86% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Kinaxis and its competitors. This is near median its historical median of 67.06. Over the past decade, Kinaxis' Gross Margin % has ranged from 60.64 to 71.89. According to the industry distribution chart, Kinaxis ranks #650 out of 2685 companies in the Software industry, placing it in the top 24.2%.
Is Kinaxis' Gross Margin % too high?
Kinaxis' current Gross Margin % of 68.86% is near median its 10-year median of 67.06. Over the past 10 years, this metric has ranged from a low of 60.64 to a high of 71.89. The Software industry median Gross Margin % is 40.45. Kinaxis' value of 68.86% is 70.2% above this industry median. Based on the distribution chart, Kinaxis ranks #650 out of 2685 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Kinaxis has a GF Score™ of 84/100, reflecting its overall financial health beyond just this single metric.
How does Kinaxis' Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Kinaxis ranks #650 out of 2685 companies for Gross Margin %. This places Kinaxis in the top 24% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Kinaxis' value of 68.86% is 70.2% above this benchmark. Historically, Kinaxis' own Gross Margin % has ranged from 60.64 to 71.89 over the past decade. While the company's 10-year median is 67.06 vs. the industry median of 40.45, Kinaxis 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 Software company?
The median Gross Margin % among Software companies is 40.45, based on 2,685 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. Kinaxis's current Gross Margin % of 68.86% is 70.2% 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 Kinaxis and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Kinaxis's current Gross Margin % is 68.86%, which is near median its own 10-year median of 67.06. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Kinaxis stock overvalued right now?
Kinaxis (MEX:KXSN) has a current Gross Margin % of 68.86%. The stock's GF Value™ is MXN3,164.93, compared to a current price of MXN2,217.93 — trading 29.9% below its estimated fair value. The current Gross Margin % is 68.86%, which is near median its 10-year median of 67.06 and 70.2% above the Software industry median of 40.45. Kinaxis' overall GF Score™ is 84/100 with 2 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 Kinaxis (MEX:KXSN), the current Gross Margin % is 68.86% 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 Kinaxis (MEX:KXSN) Overvalued in 2026?

Based on GuruFocus' analysis, Kinaxis stock appears to be undervalued. The current stock price of MXN2,217.93 is trading 29.9% below its estimated GF Value™ of MXN3,164.93.

Key valuation signals for MEX:KXSN:

  • Gross Margin %: 68.86% (near median its 10-year median of 67.06)
  • GF Value™: MXN3,164.93 vs. price of MXN2,217.93 (29.9% below fair value)
  • GF Score™: 84/100 with 2 warning signs
  • Industry Position: 70.2% above the Software median (#650 of 2685)

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


Kinaxis Business Description

Address 3199 Palladium Drive, Ottawa, ON, CAN, K2T 0N9
Kinaxis Inc is a provider of cloud-based subscription software that enables its customers to improve and accelerate analysis and decision-making across their supply chain operations. The company has operations in the United States, Japan, Hong Kong, The Netherlands, South Korea, the United Kingdom, Romania, Mexico, Singapore, France, Ireland, Germany, India, and Canada, and a majority of the revenue comes from the United States.
84GF Score

Get the complete analysis for MEX:KXSN

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

MXN2,217.93
Price
MXN3,164.93
GF Value