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
DateValue
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%