Nitro GamesOSTO:NITRO +12.87%59 Gross Margin % is 89.66% as of Mar. 2026, which is 38% above its 10-year median of 64.89. GuruFocus rates OSTO:NITRO with a GF Score™ of 59/100 and a GF Value™ of kr1.44 (Significantly Overvalued). The stock has 4 warning signs investors should review. Among 497 Interactive Media companies, Nitro Games ranks better than 68.61% on this metric.
Gross Margin % is calculated as gross profit divided by its revenue. Nitro Games's Gross Profit for the
three
months ended in Mar. 2026 was kr14.47 Mil. Nitro Games's Revenue for the
three
months ended in Mar. 2026 was kr16.14 Mil. Therefore, Nitro Games's Gross Margin % for the quarter that ended in Mar. 2026 was 89.66%.
Warning Sign:
Nitro Games PLC 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 Nitro Games's Gross Margin % or its related term are showing as below:
OSTO:NITRO'
s Gross Margin % Range Over the Past 10 Years
Min: 22.32 Med: 64.89 Max: 126.72
Current: 80.97
During the past 11 years, the highestGross Margin % of Nitro Games was 126.72%. The lowest was 22.32%. And the median was 64.89%.
OSTO:NITRO's Gross Margin % is ranked better than 68.61% of 497
companies
in the Interactive Media industry
Industry Median: 62.58
vs OSTO:NITRO: 80.97
Nitro Games had a gross margin of 89.66% for the quarter that ended in Mar. 2026 => Durable competitive advantage
The 5-Year average Growth Rate of Gross Margin for Nitro Games was -1.60% per year.
Nitro Games (OSTO:NITRO) 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
Nitro Games had a gross margin of 89.66% 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.
Nitro Games Gross Margin % Related Terms
Nitro Games Gross Margin % Historical Data
* Premium members only.
The historical data trend for Nitro Games'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.
OSTO:NITRO vs NTES, EA, TTWO: Gross Margin % Comparison
For the Electronic Gaming & Multimedia subindustry, Nitro Games'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.
Nitro Games Gross Margin % vs Interactive Media Industry
For the Interactive Media industry and Communication Services sector, Nitro Games's Gross Margin % distribution charts can be found below:
* The bar in red indicates where Nitro Games'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.
Nitro Games (OSTO:NITRO) has a Gross Margin % of 89.66% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Nitro Games and its competitors. This is 38% above median its historical median of 64.89. Over the past decade, Nitro Games' Gross Margin % has ranged from 22.32 to 126.72. According to the industry distribution chart, Nitro Games ranks #156 out of 497 companies in the Interactive Media industry, placing it in the top 31.4%.
Is Nitro Games' Gross Margin % too high?
Nitro Games' current Gross Margin % of 89.66% is 38% above median its 10-year median of 64.89. Over the past 10 years, this metric has ranged from a low of 22.32 to a high of 126.72. The Interactive Media industry median Gross Margin % is 62.58. Nitro Games' value of 89.66% is 43.3% above this industry median. Based on the distribution chart, Nitro Games ranks #156 out of 497 companies in the Interactive Media industry, which is above the industry midpoint. Overall, Nitro Games has a GF Score™ of 59/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Nitro Games' Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Nitro Games ranks #156 out of 497 companies for Gross Margin %. This puts Nitro Games in the upper half of its industry. The industry median Gross Margin % is 62.58. Nitro Games' value of 89.66% is 43.3% above this benchmark. Historically, Nitro Games' own Gross Margin % has ranged from 22.32 to 126.72 over the past decade. While the company's 10-year median is 64.89 vs. the industry median of 62.58, Nitro Games 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 an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 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. Nitro Games's current Gross Margin % of 89.66% is 43.3% 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 Nitro Games and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Nitro Games's current Gross Margin % is 89.66%, which is 38% above median its own 10-year median of 64.89. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Nitro Games stock overvalued right now?
Based on GuruFocus' analysis, Nitro Games (OSTO:NITRO) is currently considered Significantly Overvalued. The stock's GF Value™ is kr1.44, compared to a current price of kr2.28 — trading 58.3% above its estimated fair value. The current Gross Margin % is 89.66%, which is 38% above median its 10-year median of 64.89 and 43.3% above the Interactive Media industry median of 62.58. Nitro Games' overall GF Score™ is 59/100 with 4 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 Nitro Games (OSTO:NITRO), the current Gross Margin % is 89.66% 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 Nitro Games (OSTO:NITRO) Overvalued in 2026?
Based on GuruFocus' analysis, Nitro Games stock appears to be overvalued.
The current stock price of kr2.28 is trading 58.3% above its estimated GF Value™ of kr1.44.
GuruFocus considers Nitro Games to be Significantly Overvalued.
Key valuation signals for OSTO:NITRO:
Gross Margin %: 89.66% (38% above median its 10-year median of 64.89)
GF Value™: kr1.44 vs. price of kr2.28 (58.3% above fair value)
Industry Position: 43.3% above the Interactive Media median (#156 of 497)
No single metric tells the full story. See the OSTO:NITRO stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Nitro Games PLC is a free-to-play mobile game developer and publisher. It develops and publishes games for international distribution and sells its expertise as a service to international gaming players as part of its services business. The company specializes in action and shooter games. It has developed games such as East India Company, Commander: Conquest of the Americas, Pirates of Black Cove, Raids of Glory, and many more. Geographically, the company generates the majority of its revenue from North America, and the rest from the EU, the United Kingdom, and other countries.
59GF Score
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