TC (Token Cat) Gross Margin %: 111.59% (As of Dec. 2025) — 56% Above Median

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TC Token Cat Ltd TC
22 GF Score
Price $1.94
! 7 Warning Signs
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What is Token Cat Gross Margin %?

Token Cat TC +0.52% 22 Gross Margin % is 111.59% as of Dec. 2025, which is 56% above its 10-year median of 71.45. GuruFocus rates TC with a GF Score™ of 22/100. The stock has 7 warning signs investors should review. Among 944 Media - Diversified companies, Token Cat ranks worse than 95.97% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Token Cat's Gross Profit for the six months ended in Dec. 2025 was $-2.20 Mil. Token Cat's Revenue for the six months ended in Dec. 2025 was $-1.97 Mil. Therefore, Token Cat's Gross Margin % for the quarter that ended in Dec. 2025 was 111.59%.


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

TC' s Gross Margin % Range Over the Past 10 Years
Min: -2.41   Med: 71.45   Max: 84.88
Current: -2.41


During the past 10 years, the highest Gross Margin % of Token Cat was 84.88%. The lowest was -2.41%. And the median was 71.45%.

TC's Gross Margin % is ranked worse than
95.97% of 944 companies
in the Media - Diversified industry
Industry Median: 39.065 vs TC: -2.41

Token Cat had a gross margin of 111.59% for the quarter that ended in Dec. 2025 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Token Cat was 0.00% per year.


Token Cat  (NAS:TC) 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

Token Cat had a gross margin of 111.59% for the quarter that ended in Dec. 2025 => 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.


Token Cat Gross Margin % Related Terms


Token Cat Gross Margin % Historical Data

* Premium members only.

The historical data trend for Token Cat'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.

Token Cat Gross Margin % Chart

Token Cat 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 76.15 61.49 0.00 0.00 2.85

Token Cat Semi-Annual Data
Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 63.40 69.19 69.19 79.01 111.59

TC vs IZEA, MF, SWAG: Gross Margin % Comparison

For the Advertising Agencies subindustry, Token Cat'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.


Token Cat Gross Margin % vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Token Cat's Gross Margin % distribution charts can be found below:

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


TC
22GF Score
Token Cat Ltd TC
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Token Cat Gross Margin % Calculation

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

Token Cat'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 )
=0 / 0.841
=(Revenue - Cost of Goods Sold) / Revenue
=(0.841 - 0.817) / 0.841
=2.85 %

Token Cat's Gross Margin for the quarter that ended in Dec. 2025 is calculated as


Gross Margin % (Q: Dec. 2025 )=Gross Profit (Q: Dec. 2025 ) / Revenue (Q: Dec. 2025 )
=-2.2 / -1.967
=(Revenue - Cost of Goods Sold) / Revenue
=(-1.967 - 0.228) / -1.967
=111.59 %

* 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 111.59% mean?
Token Cat (TC) has a Gross Margin % of 111.59% as of Dec. 2025. Gross margin is the ratio of total gross profit to net sales. View historical data on Token Cat and its competitors. This is 56% above median its historical median of 71.45. According to the industry distribution chart, Token Cat ranks #906 out of 944 companies in the Media - Diversified industry, placing it in the top 96%.
Is Token Cat's Gross Margin % too high?
Token Cat's current Gross Margin % of 111.59% is 56% above median its 10-year median of 71.45. The Media - Diversified industry median Gross Margin % is 39.07. Token Cat's value of 111.59% is 185.7% above this industry median. Based on the distribution chart, Token Cat ranks #906 out of 944 companies in the Media - Diversified industry, which is in the bottom quartile relative to peers. Overall, Token Cat has a GF Score™ of 22/100, reflecting its overall financial health beyond just this single metric.
How does Token Cat's Gross Margin % compare to IZEA and MF?
According to the Media - Diversified industry distribution chart, Token Cat ranks #906 out of 944 companies for Gross Margin %. This places Token Cat in the lower half of its industry. The industry median Gross Margin % is 39.07. Token Cat's value of 111.59% is 185.7% above this benchmark. While the company's 10-year median is 71.45 vs. the industry median of 39.07, Token Cat 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 Media - Diversified company?
The median Gross Margin % among Media - Diversified companies is 39.07, based on 944 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. Token Cat's current Gross Margin % of 111.59% is 185.7% 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 Token Cat and its competitors. For the Media - Diversified industry, the median Gross Margin % is 39.07 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Token Cat's current Gross Margin % is 111.59%, which is 56% above median its own 10-year median of 71.45. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Token Cat stock overvalued right now?
Token Cat (TC) has a current Gross Margin % of 111.59%. The current Gross Margin % is 111.59%, which is 56% above median its 10-year median of 71.45 and 185.7% above the Media - Diversified industry median of 39.07. Token Cat's overall GF Score™ is 22/100 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 Token Cat (TC), the current Gross Margin % is 111.59% as of Dec. 2025. 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.

Token Cat Business Description

Address No. 21 Yangfangdian Road, 9th Floor, Ruihai Building, Haidian District, Beijing, CHN, 100038
Token Cat Ltd has two reportable business segments: automotive electronics resale business and advertising business. The automotive electronics resale business focuses on sourcing, holding, and reselling automotive electronics products, and includes sales of automotive electronic component equipment and accessories, mainly consisting of communication device and power module. The Company procures products from third-party suppliers and resells them to customers through its sales channels. The advertising business currently consists mainly of proxy advertising services, through which the Company helps clients promote their brands, services and products on third-party online platforms. The automotive electronics resale business segment generates maximum revenue.
22GF Score

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

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