Taoping (TAOP) Gross Margin (2011 - 2018)
Taoping (TAOP) posted quarterly Gross Margin of 50.31% for Q4 2018, up 376.0% year-over-year from 10.57% in Q4 2017, and up 10.63% quarter-over-quarter from 45.48% in Q3 2018.
Taoping (TAOP) Gross Margin (2011 - 2018) Analysis & Trends
Taoping (TAOP) has reported Gross Margin for 6 consecutive years, with 50.31% the latest figure, recorded in Q4 2018.
- In Q4 2018, Gross Margin rose 376.0% year-over-year to 50.31%; the TTM figure through Dec 2018 stood at 46.91% (up 116.0% YoY), while the FY2024 annual figure was 21.19%, down 172.0% from the prior year.
- Gross Margin advanced to 50.31% in Q4 2018 per TAOP's latest filing, from 45.48% in the prior quarter.
- Across five years, Gross Margin topped out at 50.31% in Q4 2018 and bottomed at 19.62% in Q4 2016.
- Historically, Gross Margin has averaged 39.83% across 3 years, with a median of 44.51% in 2017.
- Annual changes were most pronounced in 2017 — Gross Margin soared 2693 bps — and 2018, when it slumped 245 bps.
- Taoping's Gross Margin stood at 19.62% in 2016, then soared by 137 bps to 46.55% in 2017, then grew by 8 bps to 50.31% in 2018.
- Business Quant data shows TAOP's Gross Margin at 50.31% in Q4 2018, 45.48% in Q3 2018, and 48.13% in Q2 2018.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Microsoft | 3,679.34 Bn | 3,546.58 Bn | 60.48 Bn | 67.20% |
| 2 | Oracle | 433.50 Bn | 402.15 Bn | - | - |
| 3 | Palantir Technologies | 418.20 Bn | 408.90 Bn | 1.64 Bn | 84.66% |
| 4 | Palo Alto Networks | 312.41 Bn | 309.30 Bn | 2.03 Bn | 67.55% |
| 5 | Fortinet | 117.38 Bn | 113.31 Bn | 1.64 Bn | 80.24% |
| 6 | Cloudflare | 101.74 Bn | 97.57 Bn | 499.52 Mn | 71.76% |
| 7 | Synopsys | 80.70 Bn | 78.49 Bn | 1.77 Bn | 73.54% |
| 8 | CoreWeave | 58.00 Bn | 52.46 Bn | 1.70 Bn | 65.86% |
| 9 | Block | 49.79 Bn | 43.33 Bn | 3.17 Bn | 47.84% |
| 10 | Taoping | 180,783.96 | -1.92 Mn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2018 | 50.31% |
| Sep 30, 2018 | 45.48% |
| Jun 30, 2018 | 48.13% |
| Mar 31, 2018 | 43.06% |
| Dec 31, 2017 | 46.55% |
| Sep 30, 2017 | 47.93% |
| Jun 30, 2017 | 43.55% |
| Mar 31, 2017 | 26.88% |
| Dec 31, 2016 | 19.62% |
| Sep 30, 2016 | 26.81% |
| Dec 31, 2013 | 24.68% |
| Dec 31, 2012 | 20.84% |
| Sep 30, 2012 | 33.33% |
| Dec 31, 2011 | 29.63% |