FPHOY (First Phosphate) Gross Profit: $-0.02 Mil (TTM As of May. 2026)

First Phosphate  (OTCPK:FPHOY) 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

First Phosphate had a gross margin of % for the quarter that ended in May. 2026 => No sustainable competitive advantage

First Phosphate Gross Profit Related Terms

The historical data trend for First Phosphate'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.

First Phosphate Gross Profit Chart

First Phosphate Annual Data
	Trend	Feb11	Feb12	Feb19	Feb20	Feb21	Feb22	Feb23	Feb24	Feb25	Feb26
Gross Profit		Get a 7-Day Free Trial					0.00	0.00	0.00	0.00	-0.01

First Phosphate Quarterly Data
	Aug21	Nov21	Feb22	May22	Aug22	Nov22	Feb23	May23	Aug23	Nov23	Feb24	May24	Aug24	Nov24	Feb25	May25	Aug25	Nov25	Feb26	May26
Gross Profit	Get a 7-Day Free Trial															0.00	0.00	-0.00	-0.01	-0.01

First Phosphate Gross Profit Competitor Comparison

For the Other Industrial Metals & Mining subindustry, First Phosphate'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.

First Phosphate Gross Profit vs Metals & Mining Industry

For the Metals & Mining industry and Basic Materials sector, First Phosphate's Gross Profit distribution charts can be found below:

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

First Phosphate Gross Profit Calculation

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

First Phosphate's Gross Profit for the fiscal year that ended in Feb. 2026 is calculated as

First Phosphate's Gross Profit for the quarter that ended in May. 2026 is calculated as

Gross Profit for the trailing twelve months (TTM) ended in May. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.02 Mil.

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

First Phosphate's Gross Margin % for the quarter that ended in May. 2026 is calculated as

* 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.

First Phosphate Business Description