Thinkific LabsTHNCF 72 Net Margin % is -5.95% as of Mar. 2026. GuruFocus rates THNCF with a GF Score™ of 72/100 and a GF Value™ of $2.52 (Significantly Undervalued). The stock has 4 warning signs investors should review. Among 2,825 Software companies, Thinkific Labs ranks worse than 59.33% on this metric.
Net margin is calculated as Net Income divided by its Revenue. Thinkific Labs's Net Income for the
three
months ended in Mar. 2026 was $-1.11 Mil. Thinkific Labs's Revenue for the
three
months ended in Mar. 2026 was $18.69 Mil. Therefore, Thinkific Labs's net margin for the quarter that ended in Mar. 2026 was -5.95%.
The historical rank and industry rank for Thinkific Labs's Net Margin % or its related term are showing as below:
THNCF'
s Net Margin % Range Over the Past 10 Years
Min: -70.76 Med: -3.25 Max: 3.93
Current: -0.3
THNCF's Net Margin % is ranked worse than 59.33% of 2825
companies
in the Software industry
Industry Median: 2.54
vs THNCF: -0.30
Thinkific Labs (OTCPK:THNCF) Net Margin % Explanation
Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.
But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.
Thinkific Labs Net Margin % Related Terms
Thinkific Labs Net Margin % Historical Data
* Premium members only.
The historical data trend for Thinkific Labs's Net 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.
For the Software - Application subindustry, Thinkific Labs's Net Margin %, along with its competitors' market caps and Net 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.
Thinkific Labs Net Margin % vs Software Industry
For the Software industry and Technology sector, Thinkific Labs's Net Margin % distribution charts can be found below:
* The bar in red indicates where Thinkific Labs's Net Margin % falls into.
* 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.
Thinkific Labs (THNCF) has a Net Margin % of -5.95% as of Mar. 2026. Net margin is the ratio of total net income to net sales. View historical data on Thinkific Labs and its competitors. According to the industry distribution chart, Thinkific Labs ranks #1676 out of 2825 companies in the Software industry, placing it in the top 59.3%.
Is Thinkific Labs' Net Margin % too high?
Thinkific Labs' current Net Margin % is -5.95%. Based on the distribution chart, Thinkific Labs ranks #1676 out of 2825 companies in the Software industry, which is below the industry midpoint. Overall, Thinkific Labs has a GF Score™ of 72/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thinkific Labs' Net Margin % compare to CRM and SHOP?
According to the Software industry distribution chart, Thinkific Labs ranks #1676 out of 2825 companies for Net Margin %. This places Thinkific Labs in the lower half of its industry. The industry median Net Margin % is 2.54. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Net Margin % for a Software company?
The median Net Margin % among Software companies is 2.54, based on 2,825 companies in the industry. Companies in the top quartile (top 25%) have a Net Margin % significantly above this median, while those in the bottom quartile fall well below. However, Net Margin % 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 Net Margin % mean?
A high Net Margin % can signal that a stock is expensive relative to its fundamentals. Net margin is the ratio of total net income to net sales. View historical data on Thinkific Labs and its competitors. For the Software industry, the median Net Margin % is 2.54 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Thinkific Labs's current Net Margin % is -5.95%. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thinkific Labs stock overvalued right now?
Based on GuruFocus' analysis, Thinkific Labs (THNCF) is currently considered Significantly Undervalued. The stock's GF Value™ is $2.52, compared to a current price of $0.82 — trading 67.4% below its estimated fair value. The current Net Margin % is -5.95%. Thinkific Labs' overall GF Score™ is 72/100 with 4 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Net Margin % calculated?
Net Margin % is calculated from a company's financial statements. For Thinkific Labs (THNCF), the current Net Margin % is -5.95% 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.
Is Thinkific Labs (THNCF) Overvalued in 2026?
Based on GuruFocus' analysis, Thinkific Labs stock appears to be undervalued.
The current stock price of $0.82 is trading 67.4% below its estimated GF Value™ of $2.52.
GuruFocus considers Thinkific Labs to be Significantly Undervalued.
Key valuation signals for THNCF:
Net Margin %: -5.95%
GF Value™: $2.52 vs. price of $0.82 (67.4% below fair value)
No single metric tells the full story. See the THNCF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Thinkific Labs Inc is a cloud-based software platform. Its business activity is to provide a learning commerce platform that helps businesses scale and generate revenue through courses, communities, AI and commerce. The company's platform provides its customers with a learning commerce solution that enables them to create new revenue streams, retain customers, and build community through customized courses, membership sites, communities, digital products and other experiences. Its sources of revenue consist of software subscriptions to its cloud-based platform and revenue from payment processing. Geographically, it operates in Canada; United States, generating maximum revenue; and Rest of the World.
72GF Score
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