GD Culture (GDC) Gross Margin (2017 - 2023)

GD Culture (GDC) reported Gross Margin of 10.26% for Q2 2023, down 59.79% sequentially from 25.51% in Q1 2023.

GD Culture (GDC) Gross Margin (2017 - 2023) Analysis & Trends

GD Culture (GDC) has 7 years of Gross Margin data on file, last reported at 10.26% in Q2 2023.

  • For the quarter ending Q2 2023, Gross Margin changed N/A year-over-year to 10.26%; the trailing twelve-month figure through Sep 2023 stood at 58.95% (changed N/A YoY), and the FY2022 full-year result was 1398.66%, up 136490.0% from the prior year.
  • Gross Margin fell to 10.26% in Q2 2023, from 25.51% in the prior quarter.
  • In the past five years, Gross Margin ranged from a high of 98.47% in Q3 2021 to a low of 7.05% in Q4 2021.
  • A 5-year average of 24.52% and a median of 5.93% in 2021 frame the typical range for Gross Margin.
  • Across the five-year window, Gross Margin slumped 22514 bps in 2019 and surged 10052 bps in 2021, its largest moves.
  • Tracing GDC's Gross Margin over 5 years: stood at 6.3% in 2019, then surged by 1367 bps to 92.38% in 2020, then sank by 108 bps to 7.05% in 2021, then soared by 489 bps to 27.42% in 2022, then sank by 63 bps to 10.26% in 2023.
  • Business Quant data shows GDC's Gross Margin at 10.26% in Q2 2023, 25.51% in Q1 2023, and 27.42% in Q1 2022.

Peer Comparison

# Company Market Cap Enterprise Value Gross Profit (Qtr) Gross Margin (Qtr)
1 Electronic Arts 52.46 Bn 49.60 Bn 1.76 Bn 82.83%
2 Take Two Interactive Software 48.15 Bn 47.69 Bn 938.70 Mn 55.88%
3 Roblox 33.85 Bn 30.63 Bn 1.15 Bn 79.61%
4 Gdev 2.31 Bn 2.31 Bn 85.00 Mn 85.86%
5 NetEase 2.16 Bn -7,331,731.34 Bn 3.06 Bn 69.36%
6 Playtika Holding 1.35 Bn 575.11 Mn 552.50 Mn 74.19%
7 Gravity 418.32 Mn 418.18 Mn 35,341.61 31.91%
8 Meridian Holdings 152.70 Mn 138.17 Mn 28.14 Mn 56.17%
9 Firy 128.08 Mn -57.32 Mn 25.51 Mn 87.64%
10 GD Culture 55,271.10 339,596.10 - -

Historic Data

Download Data
DateValue
Jun 30, 2023 10.26%
Mar 31, 2023 25.51%
Mar 31, 2022 27.42%
Dec 31, 2021 -7.05%
Sep 30, 2021 98.47%
Jun 30, 2021 95.60%
Mar 31, 2021 5.93%
Dec 31, 2020 92.38%
Sep 30, 2020 -2.05%
Jun 30, 2020 2.93%
Mar 31, 2020 3.53%
Dec 31, 2019 6.30%
Sep 30, 2019 2.25%
Jun 30, 2019 2.69%
Mar 31, 2019 3.61%
Dec 31, 2018 231.43%
Sep 30, 2018 100.24%
Jun 30, 2018 18.70%
Mar 31, 2018 182.04%
Dec 31, 2017 1.37%