GURUFOCUS.COM » STOCK LIST » Technology » Software » Marketwise Inc (NAS:MKTW) » Definitions » Gross Profit

Marketwise (Marketwise) Gross Profit : $376.1 Mil (TTM As of Mar. 2024)


View and export this data going back to 2021. Start your Free Trial

What is Marketwise Gross Profit?

Marketwise's gross profit for the three months ended in Mar. 2024 was $95.6 Mil. Marketwise's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $376.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Marketwise's gross profit for the three months ended in Mar. 2024 was $95.6 Mil. Marketwise's Revenue for the three months ended in Mar. 2024 was $109.0 Mil. Therefore, Marketwise's Gross Margin % for the quarter that ended in Mar. 2024 was 87.73%.

Marketwise had a gross margin of 87.73% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 6 years, the highest Gross Margin % of Marketwise was 87.76%. The lowest was 56.44%. And the median was 80.10%.


Marketwise Gross Profit Historical Data

The historical data trend for Marketwise'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.

* Premium members only.

Marketwise Gross Profit Chart

Marketwise Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 229.67 209.57 309.93 449.71 391.38

Marketwise Quarterly Data
Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 110.94 89.01 92.34 99.09 95.62

Competitive Comparison of Marketwise's Gross Profit

For the Software - Application subindustry, Marketwise'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.


Marketwise's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, Marketwise's Gross Profit distribution charts can be found below:

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



Marketwise Gross Profit Calculation

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

Marketwise's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=448.182 - 56.802
=391.4

Marketwise's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=108.991 - 13.368
=95.6

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $376.1 Mil.

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

Marketwise's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=95.6 / 108.991
=87.73 %

* 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.


Marketwise  (NAS:MKTW) 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

Marketwise had a gross margin of 87.73% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Marketwise Gross Profit Related Terms

Thank you for viewing the detailed overview of Marketwise's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Marketwise (Marketwise) Business Description

Traded in Other Exchanges
Address
1125 N. Charles Street, Baltimore, MD, USA, 21201
Marketwise Inc is a multi-brand subscription services platform providing premium financial research, software, education, and tools for investors. Its products are built for high-value financial research, education, actionable investment ideas, and investment software. It is a digital, direct-to-consumer company offering its research across a variety of platforms including mobile, desktops, and tablets.
Executives
Greenhaven Road Investment Management, L.p. 10 percent owner 8 SOUND SHORE DRIVE, C/O ROYCE & ASSOCIATES, SUITE 190, GREENWICH CT 06830
Glenn H Tongue director 600 MONTGOMERY STREET, SUITE 1100, SAN FRANCISCO CA 94111
Frank Porter Stansberry 10 percent owner 1217 ST. PAUL STREET, BALTIMORE MD 21202
Erik Mickels officer: Chief Financial Officer 155 108TH AVENUE NE, SUITE 400, BELLEVUE WA 98004
Amber Lee Mason officer: Chief Operating Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Joseph Turner director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Matthew Tate Smith director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
David Eifrig director C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Stephen M Park officer: Chief Financial Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Riaan Hodgson director, officer: Chief Operating Officer C/O ASCENDANT DIGITAL ACQUISITION CORP., 667 MADISON AVENUE, 5TH FLOOR, NEW YORK NY 10065
Greenhaven Road Special Opportunities Fund Lp 10 percent owner 8 SOUND SHORE DRIVE, SUITE 190, GREENWICH CT 06830
Gary Daniel Anderson officer: GENERAL COUNSEL C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Mcginness James Andrew Iii officer: Corporate Controller C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Marco Galsim officer: Chief Information Officer C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201
Cynthia Suzanne Cherry officer: Senior Director of HR C/O MARKETWISE, 1125 N. CHARLES STREET, BALTIMORE MD 21201