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Ryde Group's gross profit for the
three
months ended in Mar. 2026 was $1.02 Mil. Ryde Group's gross profit for the trailing twelve months (TTM) ended in Mar. 2026 was $1.02 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Ryde Group's gross profit for the
three
months ended in Mar. 2026 was $1.02 Mil. Ryde Group's Revenue for the
three
months ended in Mar. 2026 was $2.96 Mil. Therefore, Ryde Group's Gross Margin % for the quarter that ended in Mar. 2026 was 34.62%.
Ryde Group had a gross margin of 34.62% for the quarter that ended in Mar. 2026 => Competition eroding margins
During the past 5 years, the highestGross Margin % of Ryde Group was 25.74%. The lowest was -8.56%. And the median was 8.10%.
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
Ryde Group had a gross margin of 34.62% for the quarter that ended in Mar. 2026 => Competition eroding margins
Ryde Group Gross Profit Related Terms
Ryde Group Gross Profit Historical Data
* Premium members only.
The historical data trend for Ryde Group'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.
Ryde Group Gross Profit Chart
Ryde Group Annual Data
Trend
Dec21
Dec22
Dec23
Dec24
Dec25
Gross Profit
0.17
-0.77
-5.63
-6.60
-6.50
Ryde Group Quarterly Data
Mar26
Gross Profit
1.02
RYDE vs LMED, RDZN, DMRC: Gross Profit Comparison
For the Software - Application subindustry, Ryde Group'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.
Ryde Group Gross Profit vs Software Industry
For the Software industry and Technology sector, Ryde Group's Gross Profit distribution charts can be found below:
* The bar in red indicates where Ryde Group'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 $1.02 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.
Ryde Group (RYDE) has a Gross Profit of $1.02 Mil as of Mar. 2026. Gross Profit equals net sales less total cost of goods sold. View historical data on Ryde Group and its competitors.
Is Ryde Group's Gross Profit too high?
Ryde Group's current Gross Profit is $1.02 Mil. Overall, Ryde Group has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does Ryde Group's Gross Profit compare to LMED and RDZN?
Ryde Group's Gross Profit of $1.02 Mil can be compared against companies in the Software 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 Software company?
A good Gross Profit depends on the Software 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 Ryde Group and its competitors. Ryde Group's current Gross Profit is $1.02 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Ryde Group stock overvalued right now?
Ryde Group (RYDE) has a current Gross Profit of $1.02 Mil. The current Gross Profit is $1.02 Mil. Ryde Group's overall GF Score™ is 12/100 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 Ryde Group (RYDE), the current Gross Profit is $1.02 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.
Ryde Group Ltd operates a technology platform that provides a range of ride-hailing, carpooling and delivery focused offerings in Singapore. The company operates in twos segments namely Mobility provides on-demand and scheduled carpooling and ride-hailing services, matching riders to its driver partners; and Quick Commerce provides on-demand, scheduled, and multi-stop parcel delivery services.
12GF Score
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Gross Profit is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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