Visionstate (TSXV:VIS) Gross Margin %: 72.14% (As of Mar. 2026) — 24% Above Median


What is Visionstate Gross Margin %?

Visionstate TSXV:VIS Gross Margin % is 72.14% as of Mar. 2026, which is 24% above its 10-year median of 58.08. The stock has 5 warning signs investors should review. Among 2,677 Software companies, Visionstate ranks worse than 98.54% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Visionstate's Gross Profit for the three months ended in Mar. 2026 was C$0.19 Mil. Visionstate's Revenue for the three months ended in Mar. 2026 was C$0.26 Mil. Therefore, Visionstate's Gross Margin % for the quarter that ended in Mar. 2026 was 72.14%.


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

TSXV:VIS' s Gross Margin % Range Over the Past 10 Years
Min: -95.5   Med: 58.08   Max: 97.6
Current: -72.93


During the past 13 years, the highest Gross Margin % of Visionstate was 97.60%. The lowest was -95.50%. And the median was 58.08%.

TSXV:VIS's Gross Margin % is ranked worse than
98.54% of 2677 companies
in the Software industry
Industry Median: 40.49 vs TSXV:VIS: -72.93

Visionstate had a gross margin of 72.14% for the quarter that ended in Mar. 2026 => Durable competitive advantage

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


Visionstate  (TSXV:VIS) 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

Visionstate had a gross margin of 72.14% 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.


Visionstate Gross Margin % Related Terms


Visionstate Gross Margin % Historical Data

* Premium members only.

The historical data trend for Visionstate'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.

Visionstate Gross Margin % Chart

Visionstate Annual Data
Trend Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23 Sep24 Sep25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 97.60 88.81 -95.50 -31.50 -86.84

Visionstate 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 77.18 69.57 -7,190.00 90.21 72.14

TSXV:VIS vs IBM, ACN, FISV: Gross Margin % Comparison

For the Information Technology Services subindustry, Visionstate'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.


Visionstate Gross Margin % vs Software Industry

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

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



Visionstate Gross Margin % Calculation

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

Visionstate's Gross Margin for the fiscal year that ended in Sep. 2025 is calculated as

Gross Margin % (A: Sep. 2025 )=Gross Profit (A: Sep. 2025 ) / Revenue (A: Sep. 2025 )
=-0.4 / 0.433
=(Revenue - Cost of Goods Sold) / Revenue
=(0.433 - 0.809) / 0.433
=-86.84 %

Visionstate'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 )
=0.2 / 0.262
=(Revenue - Cost of Goods Sold) / Revenue
=(0.262 - 0.073) / 0.262
=72.14 %

* 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 72.14% mean?
Visionstate (TSXV:VIS) has a Gross Margin % of 72.14% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Visionstate and its competitors. This is 24% above median its historical median of 58.08. According to the industry distribution chart, Visionstate ranks #2638 out of 2677 companies in the Software industry, placing it in the top 98.5%.
Is Visionstate's Gross Margin % too high?
Visionstate's current Gross Margin % of 72.14% is 24% above median its 10-year median of 58.08. The Software industry median Gross Margin % is 40.49. Visionstate's value of 72.14% is 78.2% above this industry median. Based on the distribution chart, Visionstate ranks #2638 out of 2677 companies in the Software industry, which is in the bottom quartile relative to peers.
How does Visionstate's Gross Margin % compare to IBM and ACN?
According to the Software industry distribution chart, Visionstate ranks #2638 out of 2677 companies for Gross Margin %. This places Visionstate in the lower half of its industry. The industry median Gross Margin % is 40.49. Visionstate's value of 72.14% is 78.2% above this benchmark. While the company's 10-year median is 58.08 vs. the industry median of 40.49, Visionstate 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 40.49, based on 2,677 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. Visionstate's current Gross Margin % of 72.14% is 78.2% 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 Visionstate and its competitors. For the Software industry, the median Gross Margin % is 40.49 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Visionstate's current Gross Margin % is 72.14%, which is 24% above median its own 10-year median of 58.08. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Visionstate stock overvalued right now?
Based on GuruFocus' analysis, Visionstate (TSXV:VIS) is currently considered Fairly Valued. The stock's GF Value™ is C$0.02, compared to a current price of C$0.02 — trading right at its estimated fair value. The current Gross Margin % is 72.14%, which is 24% above median its 10-year median of 58.08 and 78.2% above the Software industry median of 40.49. 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 Visionstate (TSXV:VIS), the current Gross Margin % is 72.14% 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.

Visionstate Business Description

Address 8634 53 Avenue, Edmonton, AB, CAN, T6E 5G2
Visionstate Corp is engaged in interactive electronic business solutions in the form of touchscreen and mobile way-finding and efficiency applications, as well as consulting, graphic and web design, and related services and support. The main focus of the Company is its Visionstate IoT Inc. division. This division is focused on building interactive smart applications into digital display networks that incorporate proprietary facility management software, bundled into a touchscreen computer with integrated computing capacity (WAnDA units) and digital efficiency products. The company is actively marketing these products to large customers such as shopping centres, hospitals, office buildings, airports, schools and other places that require efficiency applications in targeted area.