Moonlit (WAR:MLT) Gross Margin %: 92.41% (As of Mar. 2026) — 57% Below Median


WAR:MLT Moonlit SA WAR:MLT
40 GF Score
Price zł0.33
GF Value zł0.67
Valuation Possible Value Trap
! 3 Warning Signs
View Full Analysis

What is Moonlit Gross Margin %?

Moonlit WAR:MLT -5.71% 40 Gross Margin % is 92.41% as of Mar. 2026, which is 57% below its 10-year median of 215.69. GuruFocus rates WAR:MLT with a GF Score™ of 40/100 and a GF Value™ of zł0.67 (Possible Value Trap). The stock has 3 warning signs investors should review. Among 497 Interactive Media companies, Moonlit ranks better than 82.29% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Moonlit's Gross Profit for the three months ended in Mar. 2026 was zł0.22 Mil. Moonlit's Revenue for the three months ended in Mar. 2026 was zł0.24 Mil. Therefore, Moonlit's Gross Margin % for the quarter that ended in Mar. 2026 was 92.41%.


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

WAR:MLT' s Gross Margin % Range Over the Past 10 Years
Min: -1.55   Med: 215.69   Max: 1821.33
Current: 93.43


During the past 9 years, the highest Gross Margin % of Moonlit was 1821.33%. The lowest was -1.55%. And the median was 215.69%.

WAR:MLT's Gross Margin % is ranked better than
82.29% of 497 companies
in the Interactive Media industry
Industry Median: 62.58 vs WAR:MLT: 93.43

Moonlit had a gross margin of 92.41% for the quarter that ended in Mar. 2026 => Durable competitive advantage

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


Moonlit  (WAR:MLT) 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

Moonlit had a gross margin of 92.41% 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.


Moonlit Gross Margin % Related Terms


Moonlit Gross Margin % Historical Data

* Premium members only.

The historical data trend for Moonlit'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.

Moonlit Gross Margin % Chart

Moonlit Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial Premium Member Only 1,821.33 -1.55 304.82 0.00 93.40

Moonlit 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 0.00 0.00 90.77 91.70 92.41

WAR:MLT vs NTES, EA, TTWO: Gross Margin % Comparison

For the Electronic Gaming & Multimedia subindustry, Moonlit'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.


Moonlit Gross Margin % vs Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Moonlit's Gross Margin % distribution charts can be found below:

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


WAR:MLT
40GF Score
Moonlit SA WAR:MLT
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Moonlit Gross Margin % Calculation

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

Moonlit'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 )
=0.7 / 0.697
=(Revenue - Cost of Goods Sold) / Revenue
=(0.697 - 0.046) / 0.697
=93.40 %

Moonlit'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 / 0.237
=(Revenue - Cost of Goods Sold) / Revenue
=(0.237 - 0.018) / 0.237
=92.41 %

* 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 92.41% mean?
Moonlit (WAR:MLT) has a Gross Margin % of 92.41% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Moonlit and its competitors. This is 57% below median its historical median of 215.69. According to the industry distribution chart, Moonlit ranks #88 out of 497 companies in the Interactive Media industry, placing it in the top 17.7%.
Is Moonlit's Gross Margin % too high?
Moonlit's current Gross Margin % of 92.41% is 57% below median its 10-year median of 215.69. The Interactive Media industry median Gross Margin % is 62.58. Moonlit's value of 92.41% is 47.7% above this industry median. Based on the distribution chart, Moonlit ranks #88 out of 497 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Moonlit has a GF Score™ of 40/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Moonlit's Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Moonlit ranks #88 out of 497 companies for Gross Margin %. This places Moonlit in the top 18% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 62.58. Moonlit's value of 92.41% is 47.7% above this benchmark. While the company's 10-year median is 215.69 vs. the industry median of 62.58, Moonlit 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 an Interactive Media company?
The median Gross Margin % among Interactive Media companies is 62.58, based on 497 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. Moonlit's current Gross Margin % of 92.41% is 47.7% 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 Moonlit and its competitors. For the Interactive Media industry, the median Gross Margin % is 62.58 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Moonlit's current Gross Margin % is 92.41%, which is 57% below median its own 10-year median of 215.69. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Moonlit stock overvalued right now?
Based on GuruFocus' analysis, Moonlit (WAR:MLT) is currently considered Possible Value Trap. The stock's GF Value™ is zł0.67, compared to a current price of zł0.33 — trading 50.7% below its estimated fair value. The current Gross Margin % is 92.41%, which is 57% below median its 10-year median of 215.69 and 47.7% above the Interactive Media industry median of 62.58. Moonlit's overall GF Score™ is 40/100 with 3 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 Moonlit (WAR:MLT), the current Gross Margin % is 92.41% 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 Moonlit (WAR:MLT) Overvalued in 2026?

Based on GuruFocus' analysis, Moonlit stock appears to be undervalued. The current stock price of zł0.33 is trading 50.7% below its estimated GF Value™ of zł0.67. GuruFocus considers Moonlit to be Possible Value Trap.

Key valuation signals for WAR:MLT:

  • Gross Margin %: 92.41% (57% below median its 10-year median of 215.69)
  • GF Value™: zł0.67 vs. price of zł0.33 (50.7% below fair value)
  • GF Score™: 40/100 with 3 warning signs
  • Industry Position: 47.7% above the Interactive Media median (#88 of 497)

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


Moonlit Business Description

Address Lobzowska 16/9, Krakow, POL, 31-140
Moonlit SA is a Poland based company engaged in developing of games and gaming software. Some of the games developed by the company include Deadliest Catch, Thief Simulator, Baikonur, Oil Rush and Ignis.
40GF Score

Get the complete analysis for WAR:MLT

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

zł0.33
Price
zł0.67
GF Value