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.