Legimi (WAR:LEG) Gross Margin %: 92.16% (As of Mar. 2026) — Near Median


WAR:LEG Legimi SA WAR:LEG
87 GF Score
Price zł27.20
GF Value zł35.54
Valuation Modestly Undervalued
! 2 Warning Signs
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What is Legimi Gross Margin %?

Legimi WAR:LEG -7.48% 87 Gross Margin % is 92.16% as of Mar. 2026, which is 0% above its 10-year median of 91.78. GuruFocus rates WAR:LEG with a GF Score™ of 87/100 and a GF Value™ of zł35.54 (Modestly Undervalued). The stock has 2 warning signs investors should review. Among 2,685 Software companies, Legimi ranks better than 95.79% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Legimi's Gross Profit for the three months ended in Mar. 2026 was zł24.4 Mil. Legimi's Revenue for the three months ended in Mar. 2026 was zł26.5 Mil. Therefore, Legimi's Gross Margin % for the quarter that ended in Mar. 2026 was 92.16%.


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

WAR:LEG' s Gross Margin % Range Over the Past 10 Years
Min: 84.35   Med: 91.78   Max: 93.43
Current: 90.86


During the past 8 years, the highest Gross Margin % of Legimi was 93.43%. The lowest was 84.35%. And the median was 91.78%.

WAR:LEG's Gross Margin % is ranked better than
95.79% of 2685 companies
in the Software industry
Industry Median: 40.45 vs WAR:LEG: 90.86

Legimi had a gross margin of 92.16% for the quarter that ended in Mar. 2026 => Durable competitive advantage

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


Legimi  (WAR:LEG) 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

Legimi had a gross margin of 92.16% 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.


Legimi Gross Margin % Related Terms


Legimi Gross Margin % Historical Data

* Premium members only.

The historical data trend for Legimi'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.

Legimi Gross Margin % Chart

Legimi Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 93.26 93.43 93.05 92.64 90.92

Legimi 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 92.30 91.62 91.39 88.13 92.16

WAR:LEG vs CRM, SHOP, UBER: Gross Margin % Comparison

For the Software - Application subindustry, Legimi'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.


Legimi Gross Margin % vs Software Industry

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

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


WAR:LEG
87GF Score
Legimi SA WAR:LEG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Legimi Gross Margin % Calculation

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

Legimi'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 )
=98.5 / 108.34
=(Revenue - Cost of Goods Sold) / Revenue
=(108.34 - 9.833) / 108.34
=90.92 %

Legimi'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 )
=24.4 / 26.465
=(Revenue - Cost of Goods Sold) / Revenue
=(26.465 - 2.076) / 26.465
=92.16 %

* 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 92.16% mean?
Legimi (WAR:LEG) has a Gross Margin % of 92.16% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Legimi and its competitors. This is near median its historical median of 91.78. Over the past decade, Legimi's Gross Margin % has ranged from 84.35 to 93.43. According to the industry distribution chart, Legimi ranks #113 out of 2685 companies in the Software industry, placing it in the top 4.2%.
Is Legimi's Gross Margin % too high?
Legimi's current Gross Margin % of 92.16% is near median its 10-year median of 91.78. Over the past 10 years, this metric has ranged from a low of 84.35 to a high of 93.43. The Software industry median Gross Margin % is 40.45. Legimi's value of 92.16% is 127.8% above this industry median. Based on the distribution chart, Legimi ranks #113 out of 2685 companies in the Software industry, which is in the top quartile — a strong position relative to peers. Overall, Legimi has a GF Score™ of 87/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Legimi's Gross Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Legimi ranks #113 out of 2685 companies for Gross Margin %. This places Legimi in the top 4% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 40.45. Legimi's value of 92.16% is 127.8% above this benchmark. Historically, Legimi's own Gross Margin % has ranged from 84.35 to 93.43 over the past decade. While the company's 10-year median is 91.78 vs. the industry median of 40.45, Legimi 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 40.45, based on 2,685 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. Legimi's current Gross Margin % of 92.16% is 127.8% 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 Legimi and its competitors. For the Software industry, the median Gross Margin % is 40.45 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Legimi's current Gross Margin % is 92.16%, which is near median its own 10-year median of 91.78. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Legimi stock overvalued right now?
Based on GuruFocus' analysis, Legimi (WAR:LEG) is currently considered Modestly Undervalued. The stock's GF Value™ is zł35.54, compared to a current price of zł27.20 — trading 23.5% below its estimated fair value. The current Gross Margin % is 92.16%, which is near median its 10-year median of 91.78 and 127.8% above the Software industry median of 40.45. Legimi's overall GF Score™ is 87/100 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 Legimi (WAR:LEG), the current Gross Margin % is 92.16% 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 Legimi (WAR:LEG) Overvalued in 2026?

Based on GuruFocus' analysis, Legimi stock appears to be undervalued. The current stock price of zł27.20 is trading 23.5% below its estimated GF Value™ of zł35.54. GuruFocus considers Legimi to be Modestly Undervalued.

Key valuation signals for WAR:LEG:

  • Gross Margin %: 92.16% (near median its 10-year median of 91.78)
  • GF Value™: zł35.54 vs. price of zł27.20 (23.5% below fair value)
  • GF Score™: 87/100 with 2 warning signs
  • Industry Position: 127.8% above the Software median (#113 of 2685)

No single metric tells the full story. See the WAR:LEG stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Legimi Business Description

Address Obornicka 330, Poznan, POL, 60-689
Legimi SA is providing subscription ebooks and audiobooks in a model such as global digital entertainment as Spotify and Netflix. Reading and listening with Legimi subscription is possible on almost all smartphones, tablets, and e-readers, as well as on some computers.
87GF Score

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

zł27.20
Price
zł35.54
GF Value