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Mercari's gross profit for the
three
months ended in Mar. 2026 was €249 Mil. Mercari's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was €895 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Mercari's gross profit for the
three
months ended in Mar. 2026 was €249 Mil. Mercari's Revenue for the
three
months ended in Mar. 2026 was €333 Mil. Therefore, Mercari's Gross Margin % for the quarter that ended in Mar. 2026 was 74.75%.
Mercari had a gross margin of 74.75% for the quarter that ended in Mar. 2026 => Durable competitive advantage
During the past 10 years, the highestGross Margin % of Mercari was 93.59%. The lowest was 64.70%. And the median was 74.01%.
Warning Sign:
Mercari Inc gross margin has been in long-term decline. The average rate of decline per year is -1.1%.
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
Mercari had a gross margin of 74.75% for the quarter that ended in Mar. 2026 => Durable competitive advantage
Mercari Gross Profit Related Terms
Mercari Gross Profit Historical Data
* Premium members only.
The historical data trend for Mercari'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.
FRA:6TP vs AMZN, BABA, PDD: Gross Profit Comparison
For the Internet Retail subindustry, Mercari'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.
Mercari Gross Profit vs Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Mercari's Gross Profit distribution charts can be found below:
* The bar in red indicates where Mercari's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Mar. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was €895 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Mercari (FRA:6TP) has a Gross Profit of €895 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Mercari and its competitors.
Is Mercari's Gross Profit too high?
Mercari's current Gross Profit is €895 Mil. Overall, Mercari has a GF Score™ of 75/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Mercari's Gross Profit compare to AMZN and BABA?
Mercari's Gross Profit of €895 Mil can be compared against companies in the Retail - Cyclical industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Gross Profit for a Retail - Cyclical company?
A good Gross Profit depends on the Retail - Cyclical industry context. However, Gross Profit should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Gross Profit mean?
A high Gross Profit can signal that a stock is expensive relative to its fundamentals. Gross Profit equals net sales less total cost of goods sold. View historical data on Mercari and its competitors. Mercari's current Gross Profit is €895 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Mercari stock overvalued right now?
Based on GuruFocus' analysis, Mercari (FRA:6TP) is currently considered Significantly Overvalued. The stock's GF Value™ is €15.42, compared to a current price of €22.60 — trading 46.6% above its estimated fair value. The current Gross Profit is €895 Mil. Mercari's overall GF Score™ is 75/100 with 9 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For Mercari (FRA:6TP), the current Gross Profit is €895 Mil 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 Mercari (FRA:6TP) Overvalued in 2026?
Based on GuruFocus' analysis, Mercari stock appears to be overvalued.
The current stock price of €22.60 is trading 46.6% above its estimated GF Value™ of €15.42.
GuruFocus considers Mercari to be Significantly Overvalued.
Key valuation signals for FRA:6TP:
Gross Profit: €895 Mil
GF Value™: €15.42 vs. price of €22.60 (46.6% above fair value)
No single metric tells the full story. See the FRA:6TP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Mercari operates the largest consumer-to-consumer secondhand goods trading platform in Japan in Mercari, with over 23 million monthly active users and over JPY 1.1 trillion in gross merchandise value in fiscal 2022. We estimate that it currently has over 40% market share in the online C2C market, making it the top platform in Japan. It operates a domestic fintech business and a C2C marketplace app business in the US as well. Domestic business roughly accounts for over 95% of its total GMV.
75GF Score
Get the complete analysis for FRA:6TP
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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