Agilysys Inc (AGYS)

Gross profit margin

		Mar 31, 2024	Dec 31, 2023	Sep 30, 2023	Jun 30, 2023	Mar 31, 2023	Dec 31, 2022	Sep 30, 2022	Jun 30, 2022	Mar 31, 2022	Dec 31, 2021	Sep 30, 2021	Jun 30, 2021	Mar 31, 2021	Dec 31, 2020	Sep 30, 2020	Jun 30, 2020	Mar 31, 2020	Dec 31, 2019	Sep 30, 2019	Jun 30, 2019
Gross profit (ttm)	US$ in thousands	144,253	138,160	131,112	125,381	120,819	116,328	110,268	105,158	101,530	97,316	96,796	95,695	89,378	85,557	82,425	79,488	80,952	80,890	78,473	76,005
Revenue (ttm)	US$ in thousands	238,116	228,927	218,281	207,406	198,852	192,499	182,035	172,185	163,404	152,529	149,739	146,206	137,288	140,489	145,785	152,147	160,729	157,688	151,737	145,217
Gross profit margin		60.58%	60.35%	60.07%	60.45%	60.76%	60.43%	60.58%	61.07%	62.13%	63.80%	64.64%	65.45%	65.10%	60.90%	56.54%	52.24%	50.37%	51.30%	51.72%	52.34%

March 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $144,253K ÷ $238,116K
= 60.58%

Agilysys Inc's gross profit margin has shown consistency in the range of mid to high 60% over the past several quarters. The margin peaked at 65.45% in the third quarter of 2021 before gradually declining to 60.58% in the first quarter of 2024. This gradual decrease may indicate potential challenges in managing production costs or pricing strategies. However, the company's gross profit margin remains relatively healthy compared to historical levels. Further analysis into cost structures and revenue streams may provide insights into the drivers behind these margin fluctuations.