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CyberArk Software (CyberArk Software) Gross Margin % : 82.23% (As of Dec. 2023)


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What is CyberArk Software Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. CyberArk Software's Gross Profit for the three months ended in Dec. 2023 was $183.5 Mil. CyberArk Software's Revenue for the three months ended in Dec. 2023 was $223.1 Mil. Therefore, CyberArk Software's Gross Margin % for the quarter that ended in Dec. 2023 was 82.23%.

Warning Sign:

CyberArk Software Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.9%.


The historical rank and industry rank for CyberArk Software's Gross Margin % or its related term are showing as below:

CYBR' s Gross Margin % Range Over the Past 10 Years
Min: 78.7   Med: 84.79   Max: 86.08
Current: 79.24


During the past 13 years, the highest Gross Margin % of CyberArk Software was 86.08%. The lowest was 78.70%. And the median was 84.79%.

CYBR's Gross Margin % is ranked better than
86.61% of 2628 companies
in the Software industry
Industry Median: 41.71 vs CYBR: 79.24

CyberArk Software had a gross margin of 82.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for CyberArk Software was -1.90% per year.


CyberArk Software Gross Margin % Historical Data

The historical data trend for CyberArk Software's Gross Margin % 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.

* Premium members only.

CyberArk Software Gross Margin % Chart

CyberArk Software Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 85.57 82.22 81.45 78.70 79.23

CyberArk Software Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 79.41 77.75 77.95 78.17 82.23

Competitive Comparison of CyberArk Software's Gross Margin %

For the Software - Infrastructure subindustry, CyberArk Software's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


CyberArk Software's Gross Margin % Distribution in the Software Industry

For the Software industry and Technology sector, CyberArk Software's Gross Margin % distribution charts can be found below:

* The bar in red indicates where CyberArk Software's Gross Margin % falls into.



CyberArk Software Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

CyberArk Software's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=595.8 / 751.888
=(Revenue - Cost of Goods Sold) / Revenue
=(751.888 - 156.131) / 751.888
=79.23 %

CyberArk Software's Gross Margin for the quarter that ended in Dec. 2023 is calculated as


Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=183.5 / 223.104
=(Revenue - Cost of Goods Sold) / Revenue
=(223.104 - 39.653) / 223.104
=82.23 %

* 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.


CyberArk Software  (NAS:CYBR) Gross Margin % 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

CyberArk Software had a gross margin of 82.23% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


CyberArk Software Gross Margin % Related Terms

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CyberArk Software (CyberArk Software) Business Description

Traded in Other Exchanges
Address
9 Hapsagot Street, Park Ofer B, P.O. Box 3143, Petach Tikva, ISR, 4951040
CyberArk Software Ltd provides Information technology security solutions to protect data, infrastructure, and assets across the enterprise. The company software solutions focused on protecting privileged accounts, credentials, and secrets. Its products and services include Enterprise Password Vault, Privileged Session Manager, Privileged Threat Analytics, CyberArk Privilege Cloud. The company provides a solution on Audit and Compliance, Security and Risk Management, Industry Solutions. Geographically, it generates maximum revenue from the United States and also has a presence in the United Kingdom; Europe, the Middle East and Africa and Other countries.