VOYG (Voyager Technologies) Gross Margin %: -4.39% (As of Mar. 2026)


VOYG Voyager Technologies Inc VOYG
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What is Voyager Technologies Gross Margin %?

Voyager Technologies VOYG -0.20% 10 Gross Margin % is -4.39% as of Mar. 2026. GuruFocus rates VOYG with a GF Score™ of 10/100. The stock has 2 warning signs investors should review. Among 342 Aerospace & Defense companies, Voyager Technologies ranks worse than 80.99% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Voyager Technologies's Gross Profit for the three months ended in Mar. 2026 was $-1.5 Mil. Voyager Technologies's Revenue for the three months ended in Mar. 2026 was $35.2 Mil. Therefore, Voyager Technologies's Gross Margin % for the quarter that ended in Mar. 2026 was -4.39%.


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

VOYG' s Gross Margin % Range Over the Past 10 Years
Min: 13.61   Med: 20.42   Max: 24.22
Current: 13.61


During the past 3 years, the highest Gross Margin % of Voyager Technologies was 24.22%. The lowest was 13.61%. And the median was 20.42%.

VOYG's Gross Margin % is ranked worse than
80.99% of 342 companies
in the Aerospace & Defense industry
Industry Median: 26.65 vs VOYG: 13.61

Voyager Technologies had a gross margin of -4.39% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

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


Voyager Technologies  (NYSE:VOYG) 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

Voyager Technologies had a gross margin of -4.39% for the quarter that ended in Mar. 2026 => No sustainable 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.


Voyager Technologies Gross Margin % Related Terms


Voyager Technologies Gross Margin % Historical Data

* Premium members only.

The historical data trend for Voyager Technologies'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.

Voyager Technologies Gross Margin % Chart

Voyager Technologies Annual Data
Trend Dec23 Dec24 Dec25
Gross Margin %
20.42 24.22 17.95

Voyager Technologies Quarterly Data
Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26
Gross Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only 16.19 17.98 15.38 21.41 -4.39

VOYG vs RCAT, HAWK, RDW: Gross Margin % Comparison

For the Aerospace & Defense subindustry, Voyager Technologies'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.


Voyager Technologies Gross Margin % vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, Voyager Technologies's Gross Margin % distribution charts can be found below:

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


VOYG
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Voyager Technologies Inc VOYG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Voyager Technologies Gross Margin % Calculation

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

Voyager Technologies'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 )
=29.9 / 166.419
=(Revenue - Cost of Goods Sold) / Revenue
=(166.419 - 136.544) / 166.419
=17.95 %

Voyager Technologies'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 )
=-1.5 / 35.246
=(Revenue - Cost of Goods Sold) / Revenue
=(35.246 - 36.792) / 35.246
=-4.39 %

* 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 -4.39% mean?
Voyager Technologies (VOYG) has a Gross Margin % of -4.39% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Voyager Technologies and its competitors. Over the past decade, Voyager Technologies' Gross Margin % has ranged from 13.61 to 24.22. According to the industry distribution chart, Voyager Technologies ranks #277 out of 342 companies in the Aerospace & Defense industry, placing it in the top 81%.
Is Voyager Technologies' Gross Margin % too high?
Voyager Technologies' current Gross Margin % is -4.39%. Over the past 10 years, this metric has ranged from a low of 13.61 to a high of 24.22. Based on the distribution chart, Voyager Technologies ranks #277 out of 342 companies in the Aerospace & Defense industry, which is in the bottom quartile relative to peers. Overall, Voyager Technologies has a GF Score™ of 10/100, reflecting its overall financial health beyond just this single metric.
How does Voyager Technologies' Gross Margin % compare to RCAT and HAWK?
According to the Aerospace & Defense industry distribution chart, Voyager Technologies ranks #277 out of 342 companies for Gross Margin %. This places Voyager Technologies in the lower half of its industry. The industry median Gross Margin % is 26.65. Historically, Voyager Technologies' own Gross Margin % has ranged from 13.61 to 24.22 over the past decade. 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 Aerospace & Defense company?
The median Gross Margin % among Aerospace & Defense companies is 26.65, based on 342 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. 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 Voyager Technologies and its competitors. For the Aerospace & Defense industry, the median Gross Margin % is 26.65 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Voyager Technologies's current Gross Margin % is -4.39%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voyager Technologies stock overvalued right now?
Voyager Technologies (VOYG) has a current Gross Margin % of -4.39%. The current Gross Margin % is -4.39%. Voyager Technologies' overall GF Score™ is 10/100 with 2 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 Voyager Technologies (VOYG), the current Gross Margin % is -4.39% 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.

Voyager Technologies Business Description

Other Exchanges 1QH:Germany
Address 1225 17th Street, Suite 1100, Denver, CO, USA, 80202
Voyager Technologies Inc is a defense and space technology company committed to advancing and delivering transformative, mission-critical solutions. It operates across three primary divisions namely Defense and National Security that provides innovative mission-critical solutions to protect dynamic and contested domains. Pioneer communications technologies, guidance, navigation and controls, signals intelligence and defense systems. Space Solutions delivers space infrastructure, advanced space technology, science systems and mission services that power commercial, academic and government missions from low-Earth orbit to deep space. and Starlab Space Stations is a commercial space station planned to succeed the ISS and provide continued permanent human presence in space.
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