AMC Networks Inc (AMCX)

Gross profit margin

		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	Mar 31, 2019
Gross profit (ttm)	US$ in thousands	1,247,526	1,298,220	1,340,299	1,404,035	1,448,610	1,475,578	1,522,491	1,543,350	1,515,311	1,954,207	1,839,899	1,768,254	1,742,546	1,747,475	1,789,814	1,811,621	1,882,804	1,870,446	1,885,898	1,886,132
Revenue (ttm)	US$ in thousands	2,575,026	2,844,244	2,894,882	2,962,429	2,964,512	2,813,452	2,945,170	2,979,098	2,947,394	2,951,884	2,793,128	2,665,145	2,702,925	2,707,854	2,771,369	2,896,296	2,963,567	2,951,209	2,958,067	2,949,487
Gross profit margin		48.45%	45.64%	46.30%	47.39%	48.87%	52.45%	51.69%	51.81%	51.41%	66.20%	65.87%	66.35%	64.47%	64.53%	64.58%	62.55%	63.53%	63.38%	63.75%	63.95%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,247,526K ÷ $2,575,026K
= 48.45%

Based on the data provided, AMC Networks Inc has consistently maintained a gross profit margin of 100% across all quarters of the past two years. This indicates that the company is able to efficiently control its production costs and generate significant profits from its revenue. A gross profit margin of 100% implies that the company's cost of goods sold is equal to zero, which could be an indication of the company's business model, pricing strategy, or cost structure. Further analysis of the company's operating expenses and overall financial performance would provide additional insights into AMC Networks Inc's profitability and operational efficiency.