Latch, Inc. (LTCH) stock
LTCHOTCWholesale-HardwareFiscal year ends December 31
$0.18+0.00 (0.00%)
Close on Oct 19, 2026Market cap $29.08MP/E –Yield –
Latch gross margin
Gross margin is gross profit as a percentage of revenue.
Latch's gross margin for the twelve months ending Sep 30, 2026 was 42.9%. For fiscal 2025 it was 38.3%, against 44.1% the year before. The highest annual figure on record is 44.1% in fiscal 2024.
Annual gross margin
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| FY2025 | Dec 31, 2025 | 38.3% | −5.8 |
| FY2024 | Dec 31, 2024 | 44.1% | +16.7 |
| FY2023 | Dec 31, 2023 | 27.4% | +36.5 |
| FY2022 | Dec 31, 2022 | -9.1% | +9.1 |
| FY2021 | Dec 31, 2021 | -18.3% | +2.0 |
| FY2020 | Dec 31, 2020 | -20.2% | −4.0 |
| FY2019 | Dec 31, 2019 | -16.2% | – |
Quarterly gross margin
Change is against the same quarter a year earlier.
| Period | Period end | Value | Change (pts) |
|---|---|---|---|
| Q3 FY2026 | Sep 30, 2026 | 55.2% | +10.9 |
| Q2 FY2026 | Jun 30, 2026 | 49.0% | +6.0 |
| Q1 FY2026 | Mar 31, 2026 | 52.3% | +4.9 |
| Q4 FY2025 | Dec 31, 2025 | 19.4% | −19.7 |
| Q3 FY2025 | Sep 30, 2025 | 44.3% | +3.6 |
| Q2 FY2025 | Jun 30, 2025 | 43.0% | −2.8 |
| Q1 FY2025 | Mar 31, 2025 | 47.4% | −6.2 |
| Q4 FY2024 | Dec 31, 2024 | 39.1% | +4.5 |
| Q3 FY2024 | Sep 30, 2024 | 40.7% | −22.3 |
| Q2 FY2024 | Jun 30, 2024 | 45.8% | +7.5 |
| Q1 FY2024 | Mar 31, 2024 | 53.6% | +76.0 |
| Q4 FY2023 | Dec 31, 2023 | 34.5% | +56.2 |
| Q3 FY2023 | Sep 30, 2023 | 63.0% | +40.0 |
| Q2 FY2023 | Jun 30, 2023 | 38.3% | +71.4 |
| Q1 FY2023 | Mar 31, 2023 | -22.3% | −19.5 |
| Q4 FY2022 | Dec 31, 2022 | -21.6% | +28.6 |
| Q3 FY2022 | Sep 30, 2022 | 23.0% | +31.6 |
| Q2 FY2022 | Jun 30, 2022 | -33.1% | −34.1 |
| Q1 FY2022 | Mar 31, 2022 | -2.9% | −3.2 |
| Q4 FY2021 | Dec 31, 2021 | -50.2% | −16.8 |
| Q3 FY2021 | Sep 30, 2021 | -8.6% | +7.0 |
| Q2 FY2021 | Jun 30, 2021 | 1.0% | +18.7 |
| Q1 FY2021 | Mar 31, 2021 | 0.3% | – |
| Q4 FY2020 | Dec 31, 2020 | -33.4% | – |
| Q3 FY2020 | Sep 30, 2020 | -15.6% | – |
| Q2 FY2020 | Jun 30, 2020 | -17.7% | – |
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