MMEX (MMEX Resources) Gross Profit: $-0.04 Mil (TTM As of Apr. 2026)

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What is MMEX Resources Gross Profit?

MMEX Resources MMEX Gross Profit is $-0.04 Mil as of Apr. 2026. The stock has 4 warning signs investors should review.

MMEX Resources's gross profit for the three months ended in Apr. 2026 was $-0.01 Mil. MMEX Resources's gross profit for the trailing twelve months (TTM) ended in Apr. 2026 was $-0.04 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. MMEX Resources's gross profit for the three months ended in Apr. 2026 was $-0.01 Mil. MMEX Resources's Revenue for the three months ended in Apr. 2026 was $0.00 Mil. Therefore, MMEX Resources's Gross Margin % for the quarter that ended in Apr. 2026 was %.

MMEX Resources had a gross margin of % for the quarter that ended in Apr. 2026 => No sustainable competitive advantage


MMEX Resources  (OTCPK:MMEX) 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

MMEX Resources had a gross margin of % for the quarter that ended in Apr. 2026 => No sustainable competitive advantage


MMEX Resources Gross Profit Related Terms


MMEX Resources Gross Profit Historical Data

* Premium members only.

The historical data trend for MMEX Resources'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.

MMEX Resources Gross Profit Chart

MMEX Resources Annual Data
Trend Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23 Apr24 Apr25 Apr26
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.04 -0.04 -0.04 -0.04 -0.04

MMEX Resources Quarterly Data
Jul21 Oct21 Jan22 Apr22 Jul22 Oct22 Jan23 Apr23 Jul23 Oct23 Jan24 Apr24 Jul24 Oct24 Jan25 Apr25 Jul25 Oct25 Jan26 Apr26
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only -0.01 -0.01 -0.01 -0.01 -0.01

MMEX vs SODE, OFAL, MDLK: Gross Profit Comparison

For the Engineering & Construction subindustry, MMEX Resources'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.


MMEX Resources Gross Profit vs Construction Industry

For the Construction industry and Industrials sector, MMEX Resources's Gross Profit distribution charts can be found below:

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



MMEX Resources Gross Profit Calculation

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

MMEX Resources's Gross Profit for the fiscal year that ended in Apr. 2026 is calculated as

Gross Profit (A: Apr. 2026 )=Revenue - Cost of Goods Sold
=0 - 0.036
=-0.04

MMEX Resources's Gross Profit for the quarter that ended in Apr. 2026 is calculated as

Gross Profit (Q: Apr. 2026 )=Revenue - Cost of Goods Sold
=0 - 0.009
=-0.01

Gross Profit for the trailing twelve months (TTM) ended in Apr. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $-0.04 Mil.

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

MMEX Resources's Gross Margin % for the quarter that ended in Apr. 2026 is calculated as

Gross Margin % (Q: Apr. 2026 )=Gross Profit (Q: Apr. 2026 ) / Revenue (Q: Apr. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=-0.01 / 0
= %

* 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 Profit →
What does a Gross Profit of $-0.04 Mil mean?
MMEX Resources (MMEX) has a Gross Profit of $-0.04 Mil as of Apr. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on MMEX Resources and its competitors.
Is MMEX Resources' Gross Profit too high?
MMEX Resources' current Gross Profit is $-0.04 Mil.
How does MMEX Resources' Gross Profit compare to SODE and OFAL?
MMEX Resources' Gross Profit of $-0.04 Mil can be compared against companies in the Construction 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 Construction company?
A good Gross Profit depends on the Construction 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 MMEX Resources and its competitors. MMEX Resources's current Gross Profit is $-0.04 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is MMEX Resources stock overvalued right now?
MMEX Resources (MMEX) has a current Gross Profit of $-0.04 Mil. The current Gross Profit is $-0.04 Mil. 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 MMEX Resources (MMEX), the current Gross Profit is $-0.04 Mil as of Apr. 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.

MMEX Resources Business Description

Address 3600 Dickinson, Fort Stockton, TX, USA, 78735
MMEX Resources Corp is a development-stage company formed to engage in energy industry infrastructure projects. The group is in the development phase of the Clean Fuels Refinery in Pecos County, Permian Basin, Texas.