Basis: Trailing twelve months (TTM). Source: stored company filings and market data; unavailable inputs remain N/A.
Is the gross margin high or low?
The gross margin of -20.71% is 1283% below its 5-year average of 1.75%, around the middle of its 5-year range (-50.44%–40.35%).
49.37% below its 12-month average of -13.86%.
Reported quarterly gross margin; no daily interpolation. Q2 FY2026 (2026-06-30): -9.16%.
GROSS MARGIN
-20.71%
GROSS MARGIN AVG TTM
-13.86%
GROSS MARGIN AVG 3Y
-12.91%
GROSS MARGIN AVG 5Y
1.75%
GROSS MARGIN AVG 10Y
10.84%
GROSS MARGIN AVG 15Y
7.08%
GROSS MARGIN AVG 20Y
1.80%
CURRENT VS TTM AVG
-49.37%
CURRENT VS 3Y AVG
-60.45%
CURRENT VS 5Y AVG
-1283.35%
CURRENT VS 10Y AVG
-291.05%
CURRENT VS 15Y AVG
-392.47%
CURRENT VS 20Y AVG
-1251.07%
SECTOR MEDIAN · BASIC MATERIALS
24.52%
median of 139 covered companies
CURRENT VS SECTOR MEDIAN
-184.46%
vs the sector median at left
Market Cap
$39.58M
Gross Margin
-715.03%
TTM Avg
-509.45%
3Y Avg
-521.23%
5Y Avg
-576.26%
Market Cap
$30.53M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
Market Cap
$21.52M
Gross Margin
35.43%
TTM Avg
36.55%
3Y Avg
38.78%
5Y Avg
39.60%
Market Cap
$20.20M
Gross Margin
-48.83%
TTM Avg
23.18%
3Y Avg
-105.40%
5Y Avg
-70.27%
Market Cap
$51.69M
Gross Margin
0.72%
TTM Avg
0.68%
3Y Avg
0.62%
5Y Avg
0.62%
Market Cap
$53.43M
Gross Margin
0.00%
TTM Avg
0.00%
3Y Avg
0.00%
5Y Avg
0.00%
| NAME | MARKET CAP | GROSS MARGIN | TTM | 3Y | 5Y |
|---|---|---|---|---|---|
| Largo Inc. (LGO) | $35.26M | -20.71% | -13.86% | -12.91% | 1.75% |
| Odyssey Marine Exploration, Inc. (OMEX)vs › | $39.58M | -715.03% | -509.45% | -521.23% | -576.26% |
| Frontier Nuclear and Minerals Inc. (FNUC)vs › | $30.53M | 0.00% | 0.00% | 0.00% | 0.00% |
| Tactical Resources Corp. (TREO)vs › | $40.43M | N/A | N/A | N/A | N/A |
| Bioceres Crop Solutions Corp. (BIOX)vs › | $21.52M | 35.43% | 36.55% | 38.78% | 39.60% |
| Loop Industries, Inc. (LOOP)vs › | $20.20M | -48.83% | 23.18% | -105.40% | -70.27% |
| Greenland Mines Ltd. (GRML)vs › | $19.06M | 0.00% | 0.00% | 0.00% | 0.00% |
| Texxon Holding Limited Ordinary shares (NPT)vs › | $51.69M | 0.72% | 0.68% | 0.62% | 0.62% |
| Electra Battery Materials Corporation (ELBM)vs › | $53.43M | 0.00% | 0.00% | 0.00% | 0.00% |
| Mercer International Inc. (MERC)vs › | $16.08M | -3.68% | 2.82% | 6.47% | 9.78% |
Gross Margin
-20.7%
(Revenue - COGS) / Revenue
Gross Margin = Gross Profit / Revenue
Gross margin is the percentage of revenue remaining after the cost of goods sold, reflecting core product profitability.
Expanded definitions: Investopedia, Wikipedia, Corporate Finance Institute
| DATE | GROSS MARGIN |
|---|---|
| 2026-06-30 | -9.16% |
| 2026-03-31 | -26.11% |
| 2025-12-31 | -15.81% |
| 2025-09-30 | -3.16% |
| 2025-06-30 | -15.09% |
| 2025-03-31 | -50.44% |
| 2024-12-31 | -24.42% |
| 2024-09-30 | 1.23% |
| 2024-06-30 | -27.38% |
| 2024-03-31 | -17.83% |
| 2023-12-31 | 2.16% |
| 2023-09-30 | 3.19% |
| 2023-06-30 | 15.02% |
| 2023-03-31 | 18.21% |
| 2022-12-31 | 2.39% |
| 2022-09-30 | 15.95% |
| 2022-06-30 | 39.45% |
| 2022-03-31 | 30.94% |
| 2021-12-31 | 23.02% |
| 2021-09-30 | 40.35% |
| 2021-06-30 | 34.23% |
| 2021-03-31 | 29.22% |
| 2020-12-31 | 25.20% |
| 2020-09-30 | 23.65% |
| 2020-06-30 | -14.50% |
| 2020-03-31 | 37.37% |
| 2019-12-31 | 12.10% |
| 2019-09-30 | 1.45% |
| 2019-06-30 | -10.12% |
| 2019-03-31 | 34.40% |
| 2018-12-31 | 79.66% |
| 2018-09-30 | 75.44% |
| 2018-06-30 | 53.80% |
| 2018-03-31 | 65.77% |
| 2017-12-31 | 37.76% |
| 2017-09-30 | 35.17% |
| 2017-06-30 | 16.40% |
| 2017-03-31 | -0.60% |
| 2016-12-31 | 6.83% |
| 2016-09-30 | -44.31% |
| 2016-06-30 | -56.97% |
| 2016-03-31 | -132.18% |
| 2015-12-31 | -286.54% |
| 2015-09-30 | 0.00% |
| 2015-06-30 | 0.00% |
| 2015-03-31 | 0.00% |
| 2014-12-31 | 0.00% |
| 2014-09-30 | 0.00% |
| 2014-06-30 | 0.00% |
| 2014-03-31 | 0.00% |
| 2013-12-31 | 0.00% |
| 2013-09-30 | 0.00% |
| 2013-06-30 | 0.00% |
| 2013-03-31 | 0.00% |
| 2012-12-31 | 0.00% |
| 2012-09-30 | 0.00% |
| 2012-06-30 | 0.00% |
| 2012-03-31 | 0.00% |
| 2011-12-31 | 0.00% |
| 2011-09-30 | 0.00% |
| 2011-06-30 | 0.00% |
| 2011-03-31 | 0.00% |
| 2010-12-31 | 0.00% |
| 2010-09-30 | 0.00% |
| 2010-06-30 | 0.00% |
| 2010-03-31 | 0.00% |
| 2009-12-31 | 0.00% |
| 2009-09-30 | 0.00% |
| 2009-06-30 | 0.00% |
| 2009-03-31 | 0.00% |
| 2008-12-31 | 0.00% |
| 2008-09-30 | 0.00% |
| 2008-06-30 | 0.00% |
| 2008-03-31 | 0.00% |
| 2007-12-31 | 0.00% |
| 2007-09-30 | 0.00% |
| 2007-06-30 | 0.00% |
| 2007-03-31 | 0.00% |
| 2006-12-31 | 0.00% |
| 2006-09-30 | 0.00% |
| 2006-06-30 | 0.00% |
| 2006-03-31 | 0.00% |
| 2005-12-31 | 0.00% |
| 2005-09-30 | 0.00% |
| 2005-06-30 | 0.00% |
| 2005-03-31 | 0.00% |
| 2004-12-31 | 0.00% |
| 2004-09-30 | 0.00% |
| 2004-06-30 | 0.00% |
| 2004-03-31 | 0.00% |
| 2003-12-31 | 259.58% |
| 2003-09-30 | 0.00% |
| 2003-06-30 | -41.47% |
| 2003-03-31 | 90.98% |
| 2002-12-31 | 0.00% |
| 2002-09-30 | 0.00% |
