Pyramid Games (WAR:PDG) Gross Margin %: 57.33% (As of Mar. 2026) — 73% Below Median


WAR:PDG Pyramid Games SA WAR:PDG
55 GF Score
Price zł4.70
GF Value zł9.72
Valuation Significantly Undervalued
! 4 Warning Signs
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What is Pyramid Games Gross Margin %?

Pyramid Games WAR:PDG -0.84% 55 Gross Margin % is 57.33% as of Mar. 2026, which is 73% below its 10-year median of 209.42. GuruFocus rates WAR:PDG with a GF Score™ of 55/100 and a GF Value™ of zł9.72 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 497 Interactive Media companies, Pyramid Games ranks better than 92.76% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Pyramid Games's Gross Profit for the three months ended in Mar. 2026 was zł0.35 Mil. Pyramid Games's Revenue for the three months ended in Mar. 2026 was zł0.61 Mil. Therefore, Pyramid Games's Gross Margin % for the quarter that ended in Mar. 2026 was 57.33%.

Warning Sign:

Pyramid Games SA gross margin has been in long-term decline. The average rate of decline per year is -9.2%.


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

WAR:PDG' s Gross Margin % Range Over the Past 10 Years
Min: 72.68   Med: 209.42   Max: 311.21
Current: 105.89


During the past 8 years, the highest Gross Margin % of Pyramid Games was 311.21%. The lowest was 72.68%. And the median was 209.42%.

WAR:PDG's Gross Margin % is ranked better than
92.76% of 497 companies
in the Interactive Media industry
Industry Median: 62.58 vs WAR:PDG: 105.89

Pyramid Games had a gross margin of 57.33% for the quarter that ended in Mar. 2026 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Pyramid Games was -9.20% per year.


Pyramid Games  (WAR:PDG) 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

Pyramid Games had a gross margin of 57.33% 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.


Pyramid Games Gross Margin % Related Terms


Pyramid Games Gross Margin % Historical Data

* Premium members only.

The historical data trend for Pyramid Games'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.

Pyramid Games Gross Margin % Chart

Pyramid Games Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
Get a 7-Day Free Trial 303.25 198.84 72.68 220.00 126.38

Pyramid Games 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 101.67 155.52 110.77 155.40 57.33

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

For the Electronic Gaming & Multimedia subindustry, Pyramid Games'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.


Pyramid Games Gross Margin % vs Interactive Media Industry

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

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


WAR:PDG
55GF Score
Pyramid Games SA WAR:PDG
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
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Pyramid Games Gross Margin % Calculation

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

Pyramid Games'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 )
=1.7 / 1.342
=(Revenue - Cost of Goods Sold) / Revenue
=(1.342 - -0.354) / 1.342
=126.38 %

Pyramid Games'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 / 0.607
=(Revenue - Cost of Goods Sold) / Revenue
=(0.607 - 0.259) / 0.607
=57.33 %

* 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 57.33% mean?
Pyramid Games (WAR:PDG) has a Gross Margin % of 57.33% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Pyramid Games and its competitors. This is 73% below median its historical median of 209.42. Over the past decade, Pyramid Games' Gross Margin % has ranged from 72.68 to 311.21. According to the industry distribution chart, Pyramid Games ranks #36 out of 497 companies in the Interactive Media industry, placing it in the top 7.2%.
Is Pyramid Games' Gross Margin % too high?
Pyramid Games' current Gross Margin % of 57.33% is 73% below median its 10-year median of 209.42. Over the past 10 years, this metric has ranged from a low of 72.68 to a high of 311.21. The Interactive Media industry median Gross Margin % is 62.58. Pyramid Games' value of 57.33% is 8.4% below this industry median. Based on the distribution chart, Pyramid Games ranks #36 out of 497 companies in the Interactive Media industry, which is in the top quartile — a strong position relative to peers. Overall, Pyramid Games has a GF Score™ of 55/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Pyramid Games' Gross Margin % compare to NTES and EA?
According to the Interactive Media industry distribution chart, Pyramid Games ranks #36 out of 497 companies for Gross Margin %. This places Pyramid Games in the top 7% of its industry — outperforming the majority of peers. The industry median Gross Margin % is 62.58. Pyramid Games' value of 57.33% is 8.4% below this benchmark. Historically, Pyramid Games' own Gross Margin % has ranged from 72.68 to 311.21 over the past decade. While the company's 10-year median is 209.42 vs. the industry median of 62.58, Pyramid Games has consistently been below 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. Pyramid Games's current Gross Margin % of 57.33% is 8.4% below 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 Pyramid Games 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. Pyramid Games's current Gross Margin % is 57.33%, which is 73% below median its own 10-year median of 209.42. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Pyramid Games stock overvalued right now?
Based on GuruFocus' analysis, Pyramid Games (WAR:PDG) is currently considered Significantly Undervalued. The stock's GF Value™ is zł9.72, compared to a current price of zł4.70 — trading 51.6% below its estimated fair value. The current Gross Margin % is 57.33%, which is 73% below median its 10-year median of 209.42 and 8.4% below the Interactive Media industry median of 62.58. Pyramid Games' overall GF Score™ is 55/100 with 4 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 Pyramid Games (WAR:PDG), the current Gross Margin % is 57.33% 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 Pyramid Games (WAR:PDG) Overvalued in 2026?

Based on GuruFocus' analysis, Pyramid Games stock appears to be undervalued. The current stock price of zł4.70 is trading 51.6% below its estimated GF Value™ of zł9.72. GuruFocus considers Pyramid Games to be Significantly Undervalued.

Key valuation signals for WAR:PDG:

  • Gross Margin %: 57.33% (73% below median its 10-year median of 209.42)
  • GF Value™: zł9.72 vs. price of zł4.70 (51.6% below fair value)
  • GF Score™: 55/100 with 4 warning signs
  • Industry Position: 8.4% below the Interactive Media median (#36 of 497)

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


Pyramid Games Business Description

Address Al. Krasnicka 35, Lublin, POL, 20-718
Pyramid Games SA is engaged in the business of developing games. The games developed by the company include Occupy mars, Dinosaur fossil hunter, Zoo Keeper, and many more.
55GF Score

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

zł4.70
Price
zł9.72
GF Value