Luminar Technologies Inc gross margin has been in long-term decline. The average rate of decline per year is -6.9%.
The historical rank and industry rank for Luminar Technologies's Gross Margin % or its related term are showing as below:
MEX:LAZR'
s Gross Margin % Range Over the Past 10 Years
Min: -148.13 Med: -61.57 Max: -32.16
Current: -34.07
During the past 6 years, the highestGross Margin % of Luminar Technologies was -32.16%. The lowest was -148.13%. And the median was -61.57%.
MEX:LAZR's Gross Margin % is ranked worse than 98.75% of 1285
companies
in the Vehicles & Parts industry
Industry Median: 19.98
vs MEX:LAZR: -34.07
Luminar Technologies had a gross margin of 55.50% for the quarter that ended in Dec. 2024 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Luminar Technologies was -6.90% per year.
Luminar Technologies Gross Margin % Historical Data
The historical data trend for Luminar Technologies'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.
Competitive Comparison of Luminar Technologies's Gross Margin %
For the Auto Parts subindustry, Luminar Technologies'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.
Luminar Technologies's Gross Margin % Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Luminar Technologies's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Luminar Technologies's Gross Margin % falls into.
* 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.
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
Luminar Technologies had a gross margin of 55.50% for the quarter that ended in Dec. 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.
Luminar Technologies Gross Margin % Related Terms
Thank you for viewing the detailed overview of Luminar Technologies's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.
Luminar Technologies Inc is an automotive technology company ushering in a new era of vehicle safety and autonomy. It operates its business through the following segments: Autonomy Solutions and advanced Technologies and Services. The majority of revenue is earned from the Autonomy Solutions segment which engaged in the design, manufacturing, and sale of LiDAR sensors catering mainly to the OEMs in the automobile, commercial vehicle, robo-taxi, and adjacent industries and advanced Technologies and Services provides semiconductors and related components, as well as design, test and consulting services to the Autonomy Solutions segment and various third-party customers, including government agencies and defense contractors, in markets generally unrelated to autonomous vehicles.
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