Two Hands (TWOH) Gross Margin (2010 - 2024)
Two Hands (TWOH) recorded quarterly Gross Margin of 24.4% in Q4 2024, down 268.26% quarter-over-quarter from 14.5% in Q3 2024, and down 1390.0% on a YoY basis from 1.89% in Q1 2024.
Two Hands (TWOH) Gross Margin (2010 - 2024) Analysis & Trends
Two Hands' Gross Margin history runs 11 years deep, the most recent figure standing at 24.4% for Q4 2024.
- In Q4 2024, Gross Margin fell 1390.0% year-over-year to 24.4%; the TTM figure through Sep 2025 stood at 24.4% (down 3289.0% YoY), while the FY2024 annual figure was 7.3%, down 63.0% from the prior year.
- Gross Margin was 24.4% for Q4 2024 at Two Hands, down from 14.5% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 26.01% in Q3 2023 to a low of 24.4% in Q4 2024.
- Historically, Gross Margin has averaged 8.76% across 5 years, with a median of 9.81% in 2021.
- Biggest YoY gain for Gross Margin was 1811 bps in 2023; the steepest drop was 2312 bps in 2023.
- A 5-year view of Gross Margin shows it stood at 16.97% in 2020, then sank by 65 bps to 5.9% in 2021, then jumped by 114 bps to 12.62% in 2022, then slumped by 183 bps to 10.5% in 2023, then sank by 132 bps to 24.4% in 2024.
- The last three Gross Margin figures came in at 24.4% (Q4 2024), 14.5% (Q3 2024), and 19.89% (Q2 2024), per Business Quant data.
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Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 238.14 Bn | 220.17 Bn | 8.16 Bn | 72.98% |
| 2 | Full Truck Alliance | 166.83 Bn | 164.28 Bn | - | - |
| 3 | Uber Technologies | 150.36 Bn | 149.32 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 147.75 Bn | 142.01 Bn | 1.55 Bn | 48.77% |
| 5 | Salesforce | 140.39 Bn | 128.55 Bn | 8.56 Bn | 76.92% |
| 6 | Cadence Design Systems | 105.73 Bn | 104.32 Bn | 1.26 Bn | 85.65% |
| 7 | ServiceNow | 105.42 Bn | 100.24 Bn | 2.83 Bn | 75.07% |
| 8 | Automatic Data Processing | 89.57 Bn | 86.34 Bn | 2.87 Bn | 48.28% |
| 9 | Adobe | 85.05 Bn | 78.16 Bn | 5.90 Bn | 89.20% |
| 10 | Two Hands | - | - | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Dec 31, 2024 | -24.40% |
| Sep 30, 2024 | 14.50% |
| Jun 30, 2024 | 19.89% |
| Mar 31, 2024 | 9.17% |
| Dec 31, 2023 | -10.50% |
| Sep 30, 2023 | 26.01% |
| Jun 30, 2023 | 6.19% |
| Mar 31, 2023 | 8.81% |
| Dec 31, 2022 | 12.62% |
| Sep 30, 2022 | 7.91% |
| Jun 30, 2022 | -3.29% |
| Mar 31, 2022 | 10.31% |
| Dec 31, 2021 | 5.90% |
| Sep 30, 2021 | 16.49% |
| Jun 30, 2021 | 11.33% |
| Mar 31, 2021 | 9.81% |
| Dec 31, 2020 | 16.97% |
| Sep 30, 2020 | 4.27% |
| Jun 30, 2020 | 24.47% |
| Jun 30, 2018 | 100.00% |