As of June 20, 2025, MyDx Inc (MYDX) reports a Gross Margin of 51.04%.
Gross Margin indicates the portion of sales revenue remaining after covering production costs, highlighting operational efficiency.
Historical Trend of MyDx Inc's Gross Margin
Over recent years, MyDx Inc's Gross Margin has shown a moderate pattern. The table below summarizes the historical values:
| Date | Gross Margin |
|---|---|
| 2018-12-31 | 51.04% |
| 2017-12-31 | 72.75% |
| 2016-12-31 | 40.44% |
| 2015-12-31 | 42.36% |
This slight downward trend highlights how MyDx Inc manages its operational efficiency and pricing power over time.
Comparing MyDx Inc's Gross Margin to Peers
To better understand MyDx Inc's position, it's useful to compare its Gross Margin against industry peers. Below are selected comparisons:
| Company | Gross Margin |
|---|---|
| MyDx Inc (MYDX) | 51.04% |
| Cann American Corp (CNNA) | 7775.20% |
| Asia Green Biotechnology Corp (ASIA.CN) | 7775.20% |
| HyPower Fuel Inc (HYPF) | 7775.20% |
| JB&ZJMY Holding Company Inc (JBZY) | 7775.20% |
| CanaQuest Medical Corp (CANQF) | 7775.20% |
Compared to its competitors, MyDx Inc's Gross Margin is about average compared to peers, indicating industry-standard operational efficiency.