Bill Com Holdings Inc (BILL)

Gross profit margin

Dec 31, 2024 Sep 30, 2024 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
Gross profit (ttm) US$ in thousands 1,136,179 1,100,351 1,055,556 1,020,524 976,213 928,634 864,492 777,841 683,705 593,258 496,955 398,155 312,890 230,870 176,459 150,489 137,305 126,526
Revenue (ttm) US$ in thousands 1,439,779 1,355,107 1,301,692 1,223,809 1,174,032 1,116,878 1,043,850 950,074 846,224 743,769 631,307 499,570 382,756 278,740 210,162 186,256 179,613 168,555
Gross profit margin 78.91% 81.20% 81.09% 83.39% 83.15% 83.15% 82.82% 81.87% 80.79% 79.76% 78.72% 79.70% 81.75% 82.83% 83.96% 80.80% 76.44% 75.07%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,136,179K ÷ $1,439,779K
= 78.91%

The gross profit margin of Bill Com Holdings Inc has shown fluctuations over the past few years. Starting at 75.07% in September 2020, the margin improved steadily reaching its peak at 83.96% in June 2021. Subsequently, there was a slight decline before stabilizing around 80% for the next few periods. However, towards the end of 2023 and into 2024, the margin experienced some volatility, dropping to 78.91% by December 2024.

Overall, Bill Com Holdings Inc has maintained a relatively healthy gross profit margin, indicating its ability to efficiently control production costs and generate profit from sales. However, the recent downward trend may suggest potential challenges in maintaining profitability, warranting further analysis into the company's cost structures and pricing strategies.