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Olink Holding AB (Olink Holding AB) Gross Margin % : 71.00% (As of Dec. 2023)


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What is Olink Holding AB Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Olink Holding AB's Gross Profit for the three months ended in Dec. 2023 was $48.7 Mil. Olink Holding AB's Revenue for the three months ended in Dec. 2023 was $68.6 Mil. Therefore, Olink Holding AB's Gross Margin % for the quarter that ended in Dec. 2023 was 71.00%.


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

OLK' s Gross Margin % Range Over the Past 10 Years
Min: 61.29   Med: 67.57   Max: 68.78
Current: 67.49


During the past 5 years, the highest Gross Margin % of Olink Holding AB was 68.78%. The lowest was 61.29%. And the median was 67.57%.

OLK's Gross Margin % is ranked better than
76.85% of 216 companies
in the Medical Diagnostics & Research industry
Industry Median: 45.44 vs OLK: 67.49

Olink Holding AB had a gross margin of 71.00% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Olink Holding AB was 0.00% per year.


Olink Holding AB Gross Margin % Historical Data

The historical data trend for Olink Holding AB'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.

* Premium members only.

Olink Holding AB Gross Margin % Chart

Olink Holding AB Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
68.78 67.71 61.29 67.57 67.49

Olink Holding AB Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 74.50 64.15 58.74 69.96 71.00

Competitive Comparison of Olink Holding AB's Gross Margin %

For the Diagnostics & Research subindustry, Olink Holding AB'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.


Olink Holding AB's Gross Margin % Distribution in the Medical Diagnostics & Research Industry

For the Medical Diagnostics & Research industry and Healthcare sector, Olink Holding AB's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Olink Holding AB's Gross Margin % falls into.



Olink Holding AB Gross Margin % Calculation

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

Olink Holding AB's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=114.5 / 169.597
=(Revenue - Cost of Goods Sold) / Revenue
=(169.597 - 55.136) / 169.597
=67.49 %

Olink Holding AB's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=48.7 / 68.552
=(Revenue - Cost of Goods Sold) / Revenue
=(68.552 - 19.883) / 68.552
=71.00 %

* 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.


Olink Holding AB  (NAS:OLK) 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

Olink Holding AB had a gross margin of 71.00% for the quarter that ended in Dec. 2023 => 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.


Olink Holding AB Gross Margin % Related Terms

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Olink Holding AB (Olink Holding AB) Business Description

Traded in Other Exchanges
Address
Uppsala Science Park, Uppsala, SWE, SE-75183
Olink Holding AB has a proprietary and patented Proximity Extension Assay technology, which enables researchers to use one platform for discovery to clinical trials to diagnostic applications utilizing the established infrastructure of labs and installed instrumentation. It has two segments including Kit and Services. It derives revenues from Sweden, the Americas, China, EMEA (Excluding Sweden) Japan, and other regions.