Calix Inc (CALX)
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 | Jun 30, 2020 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 453,594 | 454,230 | 484,732 | 513,599 | 519,073 | 529,954 | 507,977 | 471,687 | 435,428 | 401,777 | 372,698 | 362,137 | 356,587 | 354,369 | 340,851 | 307,637 | 267,019 | 232,716 | 206,943 | 195,206 |
| Revenue (ttm) | US$ in thousands | 831,518 | 890,128 | 953,018 | 1,015,895 | 1,039,593 | 1,019,362 | 991,861 | 932,887 | 867,827 | 799,743 | 735,640 | 702,268 | 679,394 | 673,001 | 651,278 | 601,631 | 541,239 | 491,404 | 455,381 | 436,662 |
| Gross profit margin | 54.55% | 51.03% | 50.86% | 50.56% | 49.93% | 51.99% | 51.21% | 50.56% | 50.17% | 50.24% | 50.66% | 51.57% | 52.49% | 52.66% | 52.34% | 51.13% | 49.33% | 47.36% | 45.44% | 44.70% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $453,594K ÷ $831,518K
= 54.55%
The gross profit margin of Calix Inc has shown a generally positive trend over the period from March 31, 2020, to December 31, 2024. The margin has steadily increased from 44.70% in March 31, 2020, to a peak of 54.55% in December 31, 2024. This suggests that the company has been able to effectively manage its cost of goods sold relative to its revenue, resulting in a higher proportion of revenue being retained as gross profit.
However, there have been fluctuations in the gross profit margin over the period, with some quarters showing slight decreases compared to the previous period. For instance, there was a slight decline from 52.66% in September 30, 2021, to 50.66% in June 30, 2022. These fluctuations may be attributed to various factors such as changes in pricing strategies, input costs, or sales mix.
Overall, the increasing trend in the gross profit margin indicates that Calix Inc has been able to enhance its profitability by effectively managing its production costs and pricing strategies. It is essential for the company to monitor and analyze the factors impacting its gross profit margin to sustain and improve its financial performance in the future.
Peer comparison
Dec 31, 2024