Icarus Capital (TSXV:ICRS) Gross Margin %: 49.32% (As of Mar. 2026) — 33% Above Median


TSXV:ICRS Icarus Capital Corp TSXV:ICRS
21 GF Score
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What is Icarus Capital Gross Margin %?

Icarus Capital TSXV:ICRS 21 Gross Margin % is 49.32% as of Mar. 2026, which is 33% above its 10-year median of 37.15. GuruFocus rates TSXV:ICRS with a GF Score™ of 21/100. The stock has 5 warning signs investors should review. Among 945 Media - Diversified companies, Icarus Capital ranks better than 51.22% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Icarus Capital's Gross Profit for the three months ended in Mar. 2026 was C$0.29 Mil. Icarus Capital's Revenue for the three months ended in Mar. 2026 was C$0.59 Mil. Therefore, Icarus Capital's Gross Margin % for the quarter that ended in Mar. 2026 was 49.32%.


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

TSXV:ICRS' s Gross Margin % Range Over the Past 10 Years
Min: 33.31   Med: 37.15   Max: 39.65
Current: 39.65


During the past 5 years, the highest Gross Margin % of Icarus Capital was 39.65%. The lowest was 33.31%. And the median was 37.15%.

TSXV:ICRS's Gross Margin % is ranked better than
51.22% of 945 companies
in the Media - Diversified industry
Industry Median: 38.99 vs TSXV:ICRS: 39.65

Icarus Capital had a gross margin of 49.32% for the quarter that ended in Mar. 2026 => Durable competitive advantage

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


Icarus Capital  (TSXV:ICRS) 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

Icarus Capital had a gross margin of 49.32% 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.


Icarus Capital Gross Margin % Related Terms


Icarus Capital Gross Margin % Historical Data

* Premium members only.

The historical data trend for Icarus Capital'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.

Icarus Capital Gross Margin % Chart

Icarus Capital Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
0.00 0.00 37.15 33.31 37.76

Icarus Capital 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 46.88 18.80 42.75 37.06 49.32

TSXV:ICRS vs NFLX, DIS, WBD: Gross Margin % Comparison

For the Entertainment subindustry, Icarus Capital'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.


Icarus Capital Gross Margin % vs Media - Diversified Industry

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

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


TSXV:ICRS
21GF Score
Icarus Capital Corp TSXV:ICRS
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Icarus Capital Gross Margin % Calculation

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

Icarus Capital'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 )
=0.5 / 1.446
=(Revenue - Cost of Goods Sold) / Revenue
=(1.446 - 0.9) / 1.446
=37.76 %

Icarus Capital'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 )
=0.3 / 0.59
=(Revenue - Cost of Goods Sold) / Revenue
=(0.59 - 0.299) / 0.59
=49.32 %

* 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 49.32% mean?
Icarus Capital (TSXV:ICRS) has a Gross Margin % of 49.32% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Icarus Capital and its competitors. This is 33% above median its historical median of 37.15. Over the past decade, Icarus Capital's Gross Margin % has ranged from 33.31 to 39.65. According to the industry distribution chart, Icarus Capital ranks #461 out of 945 companies in the Media - Diversified industry, placing it in the top 48.8%.
Is Icarus Capital's Gross Margin % too high?
Icarus Capital's current Gross Margin % of 49.32% is 33% above median its 10-year median of 37.15. Over the past 10 years, this metric has ranged from a low of 33.31 to a high of 39.65. The Media - Diversified industry median Gross Margin % is 38.99. Icarus Capital's value of 49.32% is 26.5% above this industry median. Based on the distribution chart, Icarus Capital ranks #461 out of 945 companies in the Media - Diversified industry, which is above the industry midpoint. Overall, Icarus Capital has a GF Score™ of 21/100, reflecting its overall financial health beyond just this single metric.
How does Icarus Capital's Gross Margin % compare to NFLX and DIS?
According to the Media - Diversified industry distribution chart, Icarus Capital ranks #461 out of 945 companies for Gross Margin %. This puts Icarus Capital in the upper half of its industry. The industry median Gross Margin % is 38.99. Icarus Capital's value of 49.32% is 26.5% above this benchmark. Historically, Icarus Capital's own Gross Margin % has ranged from 33.31 to 39.65 over the past decade. While the company's 10-year median is 37.15 vs. the industry median of 38.99, Icarus Capital 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 38.99, based on 945 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. Icarus Capital's current Gross Margin % of 49.32% is 26.5% 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 Icarus Capital and its competitors. For the Media - Diversified industry, the median Gross Margin % is 38.99 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Icarus Capital's current Gross Margin % is 49.32%, which is 33% above median its own 10-year median of 37.15. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Icarus Capital stock overvalued right now?
Icarus Capital (TSXV:ICRS) has a current Gross Margin % of 49.32%. The current Gross Margin % is 49.32%, which is 33% above median its 10-year median of 37.15 and 26.5% above the Media - Diversified industry median of 38.99. Icarus Capital's overall GF Score™ is 21/100 with 5 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 Icarus Capital (TSXV:ICRS), the current Gross Margin % is 49.32% 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.

Icarus Capital Business Description

Address 404-1688 152nd Street, Surrey, BC, CAN, V4A 4N2
Icarus Capital Corp, through its wholly owned subsidiary Alberta Ltd. (YYC), operates a Yuk Yuk's franchise comedy club in the Elbow River Casino in Calgary, Alberta, and by another subsidiary YYS, the company promotes and operates pop-up comedy shows across British Columbia and Alberta, including a hybrid-format Yuk Yuk's Surrey club located at Elements Casino in Surrey, British Columbia. The company's project portfolio includes Yuk Yuk's Calgary, Yuk Yuk's Surrey, Yuk Yuk's in Theatres, Yuk Yuk's Media, Yuk's U (Comedy Class).
21GF Score

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