Co-Diagnostics Inc
NASDAQ:CODX

Watchlist Manager
Co-Diagnostics Inc Logo
Co-Diagnostics Inc
NASDAQ:CODX
Watchlist
Price: 1.22 USD 0.83% Market Closed
Market Cap: 38.9m USD
Have any thoughts about
Co-Diagnostics Inc?
Write Note

Gross Margin
Co-Diagnostics Inc

59.8%
Current
73%
Average
47.3%
Industry

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.8%
=
Gross Profit
5.5m
/
Revenue
9.1m

Gross Margin Across Competitors

Country US
Market Cap 38.9m USD
Gross Margin
60%
Country US
Market Cap 204.7B USD
Gross Margin
56%
Country US
Market Cap 180.7B USD
Gross Margin
67%
Country US
Market Cap 139.9B USD
Gross Margin
64%
Country US
Market Cap 124.8B USD
Gross Margin
69%
Country IE
Market Cap 114.5B USD
Gross Margin
66%
Country US
Market Cap 67.7B USD
Gross Margin
45%
Country DE
Market Cap 53.8B EUR
Gross Margin
38%
Country CN
Market Cap 338.5B CNY
Gross Margin
65%
Country US
Market Cap 40B USD
Gross Margin
79%
Country US
Market Cap 39.7B USD
Gross Margin
41%

Profitability Report

View the profitability report to see the full profitability analysis for Co-Diagnostics Inc.

See Also

Discover More
What is Gross Margin?

Gross Margin is the amount of money a company retains after incurring the direct costs associated with producing the goods it sells and the services it provides. The higher the gross margin, the more capital a company retains, which it can then use to pay other costs or satisfy debt obligations.

Gross Margin
59.8%
=
Gross Profit
5.5m
/
Revenue
9.1m
What is the Gross Margin of Co-Diagnostics Inc?

Based on Co-Diagnostics Inc's most recent financial statements, the company has Gross Margin of 59.8%.