Software Mansion S A (WAR:SWM) Gross Margin %: 5.93% (As of Mar. 2026) — 92% Below Median

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

WAR:SWM Software Mansion S A WAR:SWM
38 GF Score
Price zł27.70
GF Value zł46.59
Valuation Possible Value Trap
! 2 Warning Signs
View Full Analysis

What is Software Mansion S A Gross Margin %?

Software Mansion S A WAR:SWM -1.07% 38 Gross Margin % is 5.93% as of Mar. 2026, which is 92% below its 10-year median of 69.98. GuruFocus rates WAR:SWM with a GF Score™ of 38/100 and a GF Value™ of zł46.59 (Possible Value Trap). The stock has 2 warning signs investors should review. Among 2,690 Software companies, Software Mansion S A ranks better than 65.13% on this metric.

Gross Margin % is calculated as gross profit divided by its revenue. Software Mansion S A's Gross Profit for the three months ended in Mar. 2026 was zł2.0 Mil. Software Mansion S A's Revenue for the three months ended in Mar. 2026 was zł32.9 Mil. Therefore, Software Mansion S A's Gross Margin % for the quarter that ended in Mar. 2026 was 5.93%.


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

WAR:SWM' s Gross Margin % Range Over the Past 10 Years
Min: 54.45   Med: 69.98   Max: 72.5
Current: 54.45


During the past 5 years, the highest Gross Margin % of Software Mansion S A was 72.50%. The lowest was 54.45%. And the median was 69.98%.

WAR:SWM's Gross Margin % is ranked better than
65.13% of 2690 companies
in the Software industry
Industry Median: 40.66 vs WAR:SWM: 54.45

Software Mansion S A had a gross margin of 5.93% for the quarter that ended in Mar. 2026 => No sustainable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Software Mansion S A was 0.00% per year.


Software Mansion S A  (WAR:SWM) 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

Software Mansion S A had a gross margin of 5.93% 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.


Software Mansion S A Gross Margin % Related Terms


Software Mansion S A Gross Margin % Historical Data

* Premium members only.

The historical data trend for Software Mansion S A'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.

Software Mansion S A Gross Margin % Chart

Software Mansion S A Annual Data
Trend Dec21 Dec22 Dec23 Dec24 Dec25
Gross Margin %
0.00 70.69 63.88 69.27 72.50

Software Mansion S A Quarterly Data
Dec21 Jun22 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 25.32 74.55 70.18 72.97 5.93

WAR:SWM vs MSFT, ORCL, PLTR: Gross Margin % Comparison

For the Software - Infrastructure subindustry, Software Mansion S A'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.


Software Mansion S A Gross Margin % vs Software Industry

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

* The bar in red indicates where Software Mansion S A's Gross Margin % falls into.


WAR:SWM
38GF Score
Software Mansion S A WAR:SWM
Gross Margin % is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Software Mansion S A Gross Margin % Calculation

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

Software Mansion S A'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 )
=85.6 / 118.115
=(Revenue - Cost of Goods Sold) / Revenue
=(118.115 - 32.479) / 118.115
=72.50 %

Software Mansion S A'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 )
=2 / 32.905
=(Revenue - Cost of Goods Sold) / Revenue
=(32.905 - 30.955) / 32.905
=5.93 %

* 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 5.93% mean?
Software Mansion S A (WAR:SWM) has a Gross Margin % of 5.93% as of Mar. 2026. Gross margin is the ratio of total gross profit to net sales. View historical data on Software Mansion S A and its competitors. This is 92% below median its historical median of 69.98. Over the past decade, Software Mansion S A's Gross Margin % has ranged from 54.45 to 72.50. According to the industry distribution chart, Software Mansion S A ranks #938 out of 2690 companies in the Software industry, placing it in the top 34.9%.
Is Software Mansion S A's Gross Margin % too high?
Software Mansion S A's current Gross Margin % of 5.93% is 92% below median its 10-year median of 69.98. Over the past 10 years, this metric has ranged from a low of 54.45 to a high of 72.50. The Software industry median Gross Margin % is 40.66. Software Mansion S A's value of 5.93% is 85.4% below this industry median. Based on the distribution chart, Software Mansion S A ranks #938 out of 2690 companies in the Software industry, which is above the industry midpoint. Overall, Software Mansion S A has a GF Score™ of 38/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does Software Mansion S A's Gross Margin % compare to MSFT and ORCL?
According to the Software industry distribution chart, Software Mansion S A ranks #938 out of 2690 companies for Gross Margin %. This puts Software Mansion S A in the upper half of its industry. The industry median Gross Margin % is 40.66. Software Mansion S A's value of 5.93% is 85.4% below this benchmark. Historically, Software Mansion S A's own Gross Margin % has ranged from 54.45 to 72.50 over the past decade. While the company's 10-year median is 69.98 vs. the industry median of 40.66, Software Mansion S A 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 a Software company?
The median Gross Margin % among Software companies is 40.66, based on 2,690 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. Software Mansion S A's current Gross Margin % of 5.93% is 85.4% 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 Software Mansion S A and its competitors. For the Software industry, the median Gross Margin % is 40.66 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Software Mansion S A's current Gross Margin % is 5.93%, which is 92% below median its own 10-year median of 69.98. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Software Mansion S A stock overvalued right now?
Based on GuruFocus' analysis, Software Mansion S A (WAR:SWM) is currently considered Possible Value Trap. The stock's GF Value™ is zł46.59, compared to a current price of zł27.70 — trading 40.5% below its estimated fair value. The current Gross Margin % is 5.93%, which is 92% below median its 10-year median of 69.98 and 85.4% below the Software industry median of 40.66. Software Mansion S A's overall GF Score™ is 38/100 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 Software Mansion S A (WAR:SWM), the current Gross Margin % is 5.93% 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 Software Mansion S A (WAR:SWM) Overvalued in 2026?

Based on GuruFocus' analysis, Software Mansion S A stock appears to be undervalued. The current stock price of zł27.70 is trading 40.5% below its estimated GF Value™ of zł46.59. GuruFocus considers Software Mansion S A to be Possible Value Trap.

Key valuation signals for WAR:SWM:

  • Gross Margin %: 5.93% (92% below median its 10-year median of 69.98)
  • GF Value™: zł46.59 vs. price of zł27.70 (40.5% below fair value)
  • GF Score™: 38/100 with 2 warning signs
  • Industry Position: 85.4% below the Software median (#938 of 2690)

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


Software Mansion S A Business Description

Address ul. Zab?ocie 43b, Krakow, POL, 30-701
Software Mansion S A is Krakow based software company that deals with solving technological challenges for their clients and developing open-source technologies. It cooperates with a variety of clients, including technological start-ups from Silicon Valley and New York, as well as well-known companies with a stable position on the market. Their portfolio includes projects from industries such as Ed-Tech, Fin-Tech, blockchain, healthcare, e-commerce, multimedia and consumer applications.
38GF Score

Get the complete analysis for WAR:SWM

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

zł27.70
Price
zł46.59
GF Value