Hypha Labs (FUNI) Gross Margin (2011 - 2024)
Hypha Labs' (FUNI) quarterly Gross Margin came in at 67.84% in Q1 2024, up 2826.0% YoY from 2.32% in Q2 2023, and up 24.85% on a QoQ basis from 54.34% in Q4 2023.
Hypha Labs (FUNI) Gross Margin (2011 - 2024) Analysis & Trends
Hypha Labs (FUNI) has 14 years of Gross Margin data on file, last reported at 67.84% in Q1 2024.
- Quarterly Gross Margin rose 2826.0% year-over-year to 67.84% in Q1 2024, while the trailing twelve-month figure through Sep 2024 was 60.22% (up 1235.0% YoY) and the FY2024 annual result came in at 60.22%, up 1235.0% from the prior year.
- Gross Margin improved to 67.84% in Q1 2024, from 54.34% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 67.84% in Q1 2024 to a low of 12.42% in Q3 2020.
- A 5-year average of 37.69% and a median of 39.31% in 2022 frame the typical range for Gross Margin.
- Annual changes were most pronounced in 2020 — Gross Margin slumped 3399 bps — and 2024, when it surged 2826 bps.
- Tracing FUNI's Gross Margin over 5 years: stood at 15.89% in 2020, then soared by 149 bps to 39.59% in 2021, then grew by 6 bps to 41.82% in 2022, then increased by 30 bps to 54.34% in 2023, then gained by 25 bps to 67.84% in 2024.
- The last three Gross Margin figures came in at 67.84% (Q1 2024), 54.34% (Q4 2023), and 55.45% (Q3 2023), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Thermo Fisher Scientific | 234.15 Bn | 230.09 Bn | 8.34 Bn | 69.57% |
| 2 | Danaher | 152.10 Bn | 147.75 Bn | 3.61 Bn | 57.64% |
| 3 | Natera | 48.48 Bn | 47.38 Bn | 486.15 Mn | 64.58% |
| 4 | Agilent Technologies | 44.35 Bn | 42.55 Bn | 990.00 Mn | 53.95% |
| 5 | Iqvia Holdings | 43.68 Bn | 41.60 Bn | 1.44 Bn | 32.85% |
| 6 | Idexx Laboratories | 43.02 Bn | 42.83 Bn | 779.09 Mn | 64.04% |
| 7 | Illumina | 34.39 Bn | 33.22 Bn | 770.00 Mn | 66.44% |
| 8 | Mettler Toledo International | 28.29 Bn | 28.24 Bn | 650.22 Mn | 63.29% |
| 9 | Labcorp Holdings | 27.51 Bn | 27.37 Bn | 1.11 Bn | 29.80% |
| 10 | Hypha Labs | 1.48 Mn | 1.47 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Mar 31, 2024 | 67.84% |
| Dec 31, 2023 | 54.34% |
| Sep 30, 2023 | 55.45% |
| Jun 30, 2023 | 51.27% |
| Mar 31, 2023 | 39.58% |
| Dec 31, 2022 | 41.82% |
| Sep 30, 2022 | 43.75% |
| Jun 30, 2022 | 39.31% |
| Mar 31, 2022 | 34.51% |
| Dec 31, 2021 | 39.59% |
| Sep 30, 2021 | 34.21% |
| Jun 30, 2021 | 27.75% |
| Mar 31, 2021 | 34.15% |
| Dec 31, 2020 | 15.89% |
| Sep 30, 2020 | 12.42% |
| Jun 30, 2020 | 14.61% |
| Mar 31, 2020 | 34.17% |
| Dec 31, 2019 | 49.87% |
| Sep 30, 2019 | 37.53% |
| Jun 30, 2019 | 35.05% |