GURUFOCUS.COM » STOCK LIST » Technology » Software » Darktrace PLC (OTCPK:DRKTY) » Definitions » Gross Profit

DRKTY (Darktrace) Gross Profit : $552.0 Mil (TTM As of Dec. 2023)


View and export this data going back to 2021. Start your Free Trial

What is Darktrace Gross Profit?

Darktrace's gross profit for the six months ended in Dec. 2023 was $294.9 Mil. Darktrace's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $552.0 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Darktrace's gross profit for the six months ended in Dec. 2023 was $294.9 Mil. Darktrace's Revenue for the six months ended in Dec. 2023 was $330.3 Mil. Therefore, Darktrace's Gross Margin % for the quarter that ended in Dec. 2023 was 89.28%.

Darktrace had a gross margin of 89.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Darktrace was 91.22%. The lowest was 89.21%. And the median was 89.91%.


Darktrace Gross Profit Historical Data

The historical data trend for Darktrace's Gross Profit 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.

* Premium members only.

Darktrace Gross Profit Chart

Darktrace Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial 124.77 181.60 256.65 370.63 489.79

Darktrace Semi-Annual Data
Jun18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 170.22 200.41 232.63 257.16 294.88

Competitive Comparison of Darktrace's Gross Profit

For the Software - Infrastructure subindustry, Darktrace's Gross Profit, along with its competitors' market caps and Gross Profit 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.


Darktrace's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Darktrace's Gross Profit distribution charts can be found below:

* The bar in red indicates where Darktrace's Gross Profit falls into.



Darktrace Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Darktrace's Gross Profit for the fiscal year that ended in Jun. 2023 is calculated as

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=545.43 - 55.642
=489.8

Darktrace's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=330.303 - 35.422
=294.9

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the semi-annually data reported by the company within the most recent 12 months, which was $552.0 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Darktrace's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=294.9 / 330.303
=89.28 %

* 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.


Darktrace  (OTCPK:DRKTY) Gross Profit 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

Darktrace had a gross margin of 89.28% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Darktrace Gross Profit Related Terms

Thank you for viewing the detailed overview of Darktrace's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Darktrace Business Description

Traded in Other Exchanges
N/A
Address
Saint John’s Innovation Park, Cowley Road, Maurice Wilkes Building, Cambridge, GBR, CB4 0DS
Darktrace PLC is a provider of AI for the enterprise, with the first at-scale deployment of AI in cybersecurity. It is a pioneer of self-learning AI and is at the forefront of autonomous response technology. The Group's platform uses machine learning and AI algorithms to neutralize cyber threats across diverse digital estates, including the cloud and networks, IoT, and industrial control systems. Geographically, it derives a majority of revenue from the USA and Canada and also has a presence in the United Kingdom; Europe, and Rest of World.