Alpha and Omega Semiconductor Ltd (AOSL)
Gross profit margin
| Jun 30, 2024 | 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 171,918 | 175,062 | 170,293 | 179,333 | 199,536 | 218,177 | 259,793 | 275,117 | 268,556 | 265,914 | 246,203 | 226,587 | 204,543 | 172,897 | 142,665 | 118,322 | 102,731 | 101,433 | 104,603 | 109,699 |
| Revenue (ttm) | US$ in thousands | 657,274 | 657,503 | 640,003 | 663,478 | 691,321 | 723,755 | 794,434 | 798,993 | 777,552 | 760,902 | 726,875 | 692,386 | 656,902 | 601,988 | 539,628 | 498,658 | 464,909 | 454,370 | 456,585 | 453,650 |
| Gross profit margin | 26.16% | 26.63% | 26.61% | 27.03% | 28.86% | 30.15% | 32.70% | 34.43% | 34.54% | 34.95% | 33.87% | 32.73% | 31.14% | 28.72% | 26.44% | 23.73% | 22.10% | 22.32% | 22.91% | 24.18% |
June 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $171,918K ÷ $657,274K
= 26.16%
The gross profit margin of Alpha and Omega Semiconductor Ltd has exhibited fluctuation over the past few quarters. Historically, the company's gross profit margin has shown a declining trend from a high of 34.95% in March 2022 to a low of 22.10% in September 2020, followed by a gradual recovery to 26.16% in June 2024.
The downward trend in the gross profit margin may indicate various factors such as changes in input costs, pricing strategies, or operational efficiency. It is noteworthy that the company experienced a significant drop in gross profit margin between December 2022 and September 2023, which could be a point of concern for stakeholders.
Moreover, the current gross profit margin of 26.16% in June 2024 is slightly lower compared to the earlier periods, suggesting potential challenges in maintaining profitability or managing costs effectively. It would be crucial for Alpha and Omega Semiconductor Ltd to closely monitor and address the factors influencing its gross profit margin to ensure sustainable financial performance in the future.
Peer comparison
Jun 30, 2024