Nayax (NYAX) Gross Margin %: 48.92% (As of Mar. 2026) — 15% Above Median


NYAX Nayax Ltd NYAX
80 GF Score
Price $63.66
GF Value $53.95
Valuation Modestly Overvalued
! 7 Warning Signs
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What is Nayax Gross Margin %?

Nayax NYAX -6.70% 80 Gross Margin % is 48.92% as of Mar. 2026, which is 15% above its 10-year median of 42.71. GuruFocus rates NYAX with a GF Score™ of 80/100 and a GF Value™ of $53.95 (Modestly Overvalued). The stock has 7 warning signs investors should review. Among 2,685 Software companies, Nayax ranks better than 59.03% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Nayax's Gross Profit for the three months ended in Mar. 2026 was $52.3 Mil. Nayax's Revenue for the three months ended in Mar. 2026 was $106.9 Mil. Therefore, Nayax's Gross Margin % for the quarter that ended in Mar. 2026 was 48.92%.


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

NYAX' s Gross Margin % Range Over the Past 10 Years
Min: 34.6   Med: 42.71   Max: 48.19
Current: 48.18


During the past 8 years, the highest Gross Margin % of Nayax was 48.19%. The lowest was 34.60%. And the median was 42.71%.

NYAX's Gross Margin % is ranked better than
59.03% of 2685 companies
in the Software industry
Industry Median: 40.45 vs NYAX: 48.18

Nayax had a gross margin of 48.92% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Nayax was 1.50% per year.


Nayax  (NAS:NYAX) 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

Nayax had a gross margin of 48.92% 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.


Nayax Gross Margin % Related Terms


Nayax Gross Margin % Historical Data

* Premium members only.

The historical data trend for Nayax'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.

Nayax Gross Margin % Chart

Nayax Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 40.43 34.60 37.49 45.07 48.19

Nayax 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 49.19 48.30 49.26 46.48 48.92

NYAX vs MSFT, ORCL, PLTR: Gross Margin % Comparison

For the Software - Infrastructure subindustry, Nayax'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.


Nayax Gross Margin % vs Software Industry

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

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


NYAX
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Nayax Ltd NYAX
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Nayax Gross Margin % Calculation

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

Nayax'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 )
=193 / 400.433
=(Revenue - Cost of Goods Sold) / Revenue
=(400.433 - 207.471) / 400.433
=48.19 %

Nayax'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 )
=52.3 / 106.856
=(Revenue - Cost of Goods Sold) / Revenue
=(106.856 - 54.582) / 106.856
=48.92 %

* 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 48.92% mean?
Nayax (NYAX) has a Gross Margin % of 48.92% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nayax and its competitors. This is 15% above median its historical median of 42.71. Over the past decade, Nayax's Gross Margin % has ranged from 34.60 to 48.19. According to the industry distribution chart, Nayax ranks #1100 out of 2685 companies in the Software industry, placing it in the top 41%.
Is Nayax's Gross Margin % too high?
Nayax's current Gross Margin % of 48.92% is 15% above median its 10-year median of 42.71. Over the past 10 years, this metric has ranged from a low of 34.60 to a high of 48.19. The Software industry median Gross Margin % is 40.45. Nayax's value of 48.92% is 20.9% above this industry median. Based on the distribution chart, Nayax ranks #1100 out of 2685 companies in the Software industry, which is above the industry midpoint. Overall, Nayax has a GF Score™ of 80/100 and is considered Modestly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nayax's Gross Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Nayax ranks #1100 out of 2685 companies for Gross Margin %. This puts Nayax in the upper half of its industry. The industry median Gross Margin % is 40.45. Nayax's value of 48.92% is 20.9% above this benchmark. Historically, Nayax's own Gross Margin % has ranged from 34.60 to 48.19 over the past decade. While the company's 10-year median is 42.71 vs. the industry median of 40.45, Nayax 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. Nayax's current Gross Margin % of 48.92% is 20.9% 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 Nayax 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. Nayax's current Gross Margin % is 48.92%, which is 15% above median its own 10-year median of 42.71. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nayax stock overvalued right now?
Based on GuruFocus' analysis, Nayax (NYAX) is currently considered Modestly Overvalued. The stock's GF Value™ is $53.95, compared to a current price of $63.66 — trading 18% above its estimated fair value. The current Gross Margin % is 48.92%, which is 15% above median its 10-year median of 42.71 and 20.9% above the Software industry median of 40.45. Nayax's overall GF Score™ is 80/100 with 7 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 Nayax (NYAX), the current Gross Margin % is 48.92% 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 Nayax (NYAX) Overvalued in 2026?

Based on GuruFocus' analysis, Nayax stock appears to be overvalued. The current stock price of $63.66 is trading 18% above its estimated GF Value™ of $53.95. GuruFocus considers Nayax to be Modestly Overvalued.

Key valuation signals for NYAX:

  • Gross Margin %: 48.92% (15% above median its 10-year median of 42.71)
  • GF Value™: $53.95 vs. price of $63.66 (18% above fair value)
  • GF Score™: 80/100 with 7 warning signs
  • Industry Position: 20.9% above the Software median (#1100 of 2685)

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


Nayax Business Description

Other Exchanges NYAX:Israel
Address 3 Arik Einstein street, Building B, 1st Floor, Herzliya, ISR, 4659071
Nayax Ltd is an end-to-end retail technology platform for unattended commerce. It unifies payments, operations management, and customer engagement tools into a powerful, adaptable platform for modern commerce. It provides solutions that empower businesses to enhance customer experience, accept cashless payments, and manage their operations with a robust Internet of Things (IoT) software platform, helping achieve long-term growth. The company addresses a broad range of retail verticals, including all types of vending machines, coffee machines, unattended checkout counters, self-service kiosks, ticketing machines, car wash stations, gaming machines, amusement rides, laundromats, EV charging stations, and many more.
80GF Score

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$63.66
Price
$53.95
GF Value