PMMAF (Puma SE) Gross Profit: $3,617 Mil (TTM As of Jun. 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

PMMAF Puma SE PMMAF
75 GF Score
Price $28.79
GF Value $31.72
Valuation Fairly Valued
! 4 Warning Signs
View Full Analysis

What is Puma SE Gross Profit?

Puma SE PMMAF 75 Gross Profit is $3,617 Mil as of Jun. 2026. GuruFocus rates PMMAF with a GF Score™ of 75/100 and a GF Value™ of $31.72 (Fairly Valued). The stock has 4 warning signs investors should review.

Puma SE's gross profit for the three months ended in Jun. 2026 was $936 Mil. Puma SE's gross profit for the trailing twelve months (TTM) ended in Jun. 2026 was $3,617 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Puma SE's gross profit for the three months ended in Jun. 2026 was $936 Mil. Puma SE's Revenue for the three months ended in Jun. 2026 was $1,948 Mil. Therefore, Puma SE's Gross Margin % for the quarter that ended in Jun. 2026 was 48.04%.

Puma SE had a gross margin of 48.04% for the quarter that ended in Jun. 2026 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Puma SE was 48.82%. The lowest was 44.95%. And the median was 47.11%.


Puma SE  (OTCPK:PMMAF) 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

Puma SE had a gross margin of 48.04% for the quarter that ended in Jun. 2026 => Durable competitive advantage


Puma SE Gross Profit Related Terms


Puma SE Gross Profit Historical Data

* Premium members only.

The historical data trend for Puma SE'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.

Puma SE Gross Profit Chart

Puma SE Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24 Dec25
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3,681.13 4,134.22 4,347.44 4,186.18 3,840.28

Puma SE Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24 Mar25 Jun25 Sep25 Dec25 Mar26 Jun26
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 997.00 1,038.62 614.75 1,027.75 935.71

PMMAF vs NKE, DECK, ONON: Gross Profit Comparison

For the Footwear & Accessories subindustry, Puma SE'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.


Puma SE Gross Profit vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Puma SE's Gross Profit distribution charts can be found below:

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


PMMAF
75GF Score
Puma SE PMMAF
Gross Profit is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Puma SE Gross Profit Calculation

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

Puma SE's Gross Profit for the fiscal year that ended in Dec. 2025 is calculated as

Gross Profit (A: Dec. 2025 )=Revenue - Cost of Goods Sold
=8543.56 - 4703.279
=3,840

Puma SE's Gross Profit for the quarter that ended in Jun. 2026 is calculated as

Gross Profit (Q: Jun. 2026 )=Revenue - Cost of Goods Sold
=1947.696 - 1011.982
=936

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2026 adds up the quarterly data reported by the company within the most recent 12 months, which was $3,617 Mil.

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

Puma SE's Gross Margin % for the quarter that ended in Jun. 2026 is calculated as

Gross Margin % (Q: Jun. 2026 )=Gross Profit (Q: Jun. 2026 ) / Revenue (Q: Jun. 2026 )
=(Revenue - Cost of Goods Sold) / Revenue
=936 / 1947.696
=48.04 %

* 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 $3,617 Mil mean?
Puma SE (PMMAF) has a Gross Profit of $3,617 Mil as of Jun. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Puma SE and its competitors.
Is Puma SE's Gross Profit too high?
Puma SE's current Gross Profit is $3,617 Mil. Overall, Puma SE has a GF Score™ of 75/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does Puma SE's Gross Profit compare to NKE and DECK?
Puma SE's Gross Profit of $3,617 Mil can be compared against companies in the Manufacturing - Apparel & Accessories 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 Manufacturing - Apparel & Accessories company?
A good Gross Profit depends on the Manufacturing - Apparel & Accessories 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 Puma SE and its competitors. Puma SE's current Gross Profit is $3,617 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Puma SE stock overvalued right now?
Based on GuruFocus' analysis, Puma SE (PMMAF) is currently considered Fairly Valued. The stock's GF Value™ is $31.72, compared to a current price of $28.79 — trading 9.2% below its estimated fair value. The current Gross Profit is $3,617 Mil. Puma SE's overall GF Score™ is 75/100 with 4 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 Puma SE (PMMAF), the current Gross Profit is $3,617 Mil as of Jun. 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 Puma SE (PMMAF) Overvalued in 2026?

Based on GuruFocus' analysis, Puma SE stock appears to be undervalued. The current stock price of $28.79 is trading 9.2% below its estimated GF Value™ of $31.72. GuruFocus considers Puma SE to be Fairly Valued.

Key valuation signals for PMMAF:

  • Gross Profit: $3,617 Mil
  • GF Value™: $31.72 vs. price of $28.79 (9.2% below fair value)
  • GF Score™: 75/100 with 4 warning signs

No single metric tells the full story. See the PMMAF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Puma SE Business Description

Address Puma Way 1, Herzogenaurach, BY, DEU, 91074
Puma designs and markets footwear, apparel, and accessories under its own name and golf clubs and golf accessories under the Cobra Golf name. Footwear (56% of 2025 sales) is its largest category, followed by apparel (32%) and accessories (12%). Puma also licenses its name for fragrances, eyewear, and watches. Most of its sales are through wholesale partners (68% of 2025 sales), with the rest through approximately 1,000 owned retail and outlet stores and online channels. The company's products are sold in Europe, the Middle East, and Africa (43% of 2025 sales), the Americas (35%), and Asia-Pacific (22%). China-based competitor Anta is in the process of acquiring 29% of Puma's outstanding shares.
75GF Score

Get the complete analysis for PMMAF

Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$28.79
Price
$31.72
GF Value