Gulf Marine Services Gross Margin Growth & History (GMS)
Gulf Marine Services's gross margin was 37.25% for fiscal 2025.
View full Gulf Marine Services company overviewGulf Marine Services annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-12-31 | 37.25% | −16.27 pp |
| 2024 | 2024-12-31 | 53.52% | −14.32 pp |
| 2023 | 2023-12-31 | 67.83% | +22.37 pp |
| 2022 | 2022-12-31 | 45.46% | −7.20 pp |
| 2021 | 2021-12-31 | 52.66% | +106.84 pp |
| 2020 | 2020-12-31 | −54.18% | — |
Gulf Marine Services gross margin trends
Over the last five fiscal years, Gulf Marine Services's gross margin increased from −54.18% to 37.25%, a change of +91.43 percentage points.
What gross margin means
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
How gross margin is calculated
TickerStat calculates gross margin as reported gross profit divided by reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Gulf Marine Services source filings ↗Community posts
Gulf Marine Services: conflict disruption and impairment drive an H1 loss
Gulf Marine Services reported interim results on 7 September 2026. Measure H1 2026 H1 2025 Adjusted revenue $84.1m $87.1m Adjusted EBITDA $43.8m $50.8m Reported net profit/(loss) $(14.8)m $3.9m Adjusted net profit $6.9m $14.1m Fleet utilisa ...