Northern Minerals & Exploration Gross Margin Growth & History (NMEX)
Northern Minerals & Exploration's gross margin was 3.06% for fiscal 2025.
View full Northern Minerals & Exploration company overviewNorthern Minerals & Exploration annual gross margin history
| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2025 | 2025-07-31 | 3.06% | — |
| 2017 | 2017-07-31 | 11.90% | −88.10 pp |
| 2016 | 2016-07-31 | 100.00% | — |
Northern Minerals & Exploration quarterly gross margin
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q3 2026 | 2026-04-30 | 20.00% | — |
| Q2 2026 | 2026-01-31 | 20.00% | — |
| Q1 2026 | 2025-10-31 | 2.15% | — |
| Q4 2025 | 2025-07-31 | 3.06% | — |
| Q3 2019 · Apr 30 | 2019-04-30 | 100.00% | +118.21 pp |
| Q1 2019 | 2018-10-31 | 100.00% | +115.47 pp |
| Q3 2018 | 2018-04-30 | −18.21% | −22.77 pp |
| Q2 2018 | 2018-01-31 | 12.21% | +30.26 pp |
| Q1 2018 | 2017-10-31 | −15.47% | — |
| Q3 2017 | 2017-04-30 | 4.56% | −54.18 pp |
| Q2 2017 | 2017-01-31 | −18.05% | −58.04 pp |
| Q3 2016 | 2016-04-30 | 58.74% | — |
| Q2 2016 | 2016-01-31 | 39.99% | — |
| Q1 2016 | 2015-10-31 | 34.35% | — |
Northern Minerals & Exploration gross margin trends
Between the periods ended 2016-07-31 and 2025-07-31, Northern Minerals & Exploration's gross margin decreased from 100.00% to 3.06%, a change of −96.94 percentage points. The latest reported quarter, Q3 2026, shows 20.00%.
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 SEC-reported gross profit divided by SEC-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.
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