Calix Inc (CALX)
Gross profit margin
| Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | Dec 31, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 518,316 | 435,428 | 356,587 | 267,019 | 187,925 |
| Revenue | US$ in thousands | 1,040,390 | 868,127 | 679,394 | 537,325 | 421,694 |
| Gross profit margin | 49.82% | 50.16% | 52.49% | 49.69% | 44.56% |
December 31, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $518,316K ÷ $1,040,390K
= 49.82%
The gross profit margin of Calix Inc has shown a slight decreasing trend over the past five years. Starting at 44.29% in 2019, the margin increased to 52.49% in 2021, indicating improved efficiency in generating revenue after accounting for the cost of goods sold. However, the margin decreased to 49.33% in 2020 and further to 50.17% in 2022, before dropping to 49.86% in 2023. This suggests a potential challenge in managing production costs or pricing strategies in more recent years, affecting the company's profitability at the gross level. Further analysis and investigation into the factors impacting the cost structure and revenue generation may be necessary to address this trend.
Peer comparison
Dec 31, 2023