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ITM Power's gross profit for the
six
months ended in Oct. 2025 was $-8.64 Mil. ITM Power's gross profit for the trailing twelve months (TTM) ended in Oct. 2025 was $-26.38 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. ITM Power's gross profit for the
six
months ended in Oct. 2025 was $-8.64 Mil. ITM Power's Revenue for the
six
months ended in Oct. 2025 was $24.07 Mil. Therefore, ITM Power's Gross Margin % for the quarter that ended in Oct. 2025 was -35.92%.
ITM Power had a gross margin of -35.92% for the quarter that ended in Oct. 2025 => No sustainable competitive advantage
During the past 13 years, the highestGross Margin % of ITM Power was 27.25%. The lowest was -1512.05%. And the median was -95.95%.
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
ITM Power had a gross margin of -35.92% for the quarter that ended in Oct. 2025 => No sustainable competitive advantage
ITM Power Gross Profit Related Terms
ITM Power Gross Profit Historical Data
* Premium members only.
The historical data trend for ITM Power'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.
For the Specialty Industrial Machinery subindustry, ITM Power'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.
ITM Power Gross Profit vs Industrial Products Industry
For the Industrial Products industry and Industrials sector, ITM Power's Gross Profit distribution charts can be found below:
* The bar in red indicates where ITM Power's Gross Profit falls into.
Gross Profit for the trailing twelve months (TTM) ended in Oct. 2025 adds up the semi-annually data reported by the company within the most recent 12 months, which was $-26.38 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.
ITM Power (ITMPF) has a Gross Profit of $-26.38 Mil as of Oct. 2025. Gross Profit equals net sales less total cost of goods sold. View historical data on ITM Power and its competitors.
Is ITM Power's Gross Profit too high?
ITM Power's current Gross Profit is $-26.38 Mil. Overall, ITM Power has a GF Score™ of 78/100 and is considered Possible Value Trap, reflecting its overall financial health beyond just this single metric.
How does ITM Power's Gross Profit compare to GEV and ETN?
ITM Power's Gross Profit of $-26.38 Mil can be compared against companies in the Industrial Products 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 an Industrial Products company?
A good Gross Profit depends on the Industrial Products 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 ITM Power and its competitors. ITM Power's current Gross Profit is $-26.38 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is ITM Power stock overvalued right now?
Based on GuruFocus' analysis, ITM Power (ITMPF) is currently considered Possible Value Trap. The stock's GF Value™ is $2.40, compared to a current price of $1.47 — trading 38.8% below its estimated fair value. The current Gross Profit is $-26.38 Mil. ITM Power's overall GF Score™ is 78/100 with 2 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Gross Profit calculated?
Gross Profit is calculated from a company's financial statements. For ITM Power (ITMPF), the current Gross Profit is $-26.38 Mil as of Oct. 2025. 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 ITM Power (ITMPF) Overvalued in 2026?
Based on GuruFocus' analysis, ITM Power stock appears to be undervalued.
The current stock price of $1.47 is trading 38.8% below its estimated GF Value™ of $2.40.
GuruFocus considers ITM Power to be Possible Value Trap.
Key valuation signals for ITMPF:
Gross Profit: $-26.38 Mil
GF Value™: $2.40 vs. price of $1.47 (38.8% below fair value)
No single metric tells the full story. See the ITMPF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
ITM Power PLC designs and manufactures integrated hydrogen energy systems for energy storage and clean fuel production. The company is also involved in the research and development of scientific and engineering projects; the development and manufacture of prototype products; and the sale of electrolyzer products such as HGas, HFuel, HPac. It offers a range of services including construction, consulting, and other services. Its primary geographic markets are the United Kingdom, the Rest of Europe, Germany, and with maximum revenue from the United Kingdom.
78GF Score
Get the complete analysis for ITMPF
Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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