Calix Inc (CALX)
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 | 518,316 | 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 | 187,925 | 184,837 | 187,468 | 193,666 |
| Revenue (ttm) | US$ in thousands | 1,040,393 | 1,019,662 | 992,161 | 933,187 | 868,127 | 799,743 | 735,640 | 702,268 | 679,394 | 673,001 | 651,278 | 601,631 | 541,239 | 491,404 | 455,381 | 436,662 | 424,235 | 419,560 | 419,774 | 431,172 |
| Gross profit margin | 49.82% | 51.97% | 51.20% | 50.55% | 50.16% | 50.24% | 50.66% | 51.57% | 52.49% | 52.66% | 52.34% | 51.13% | 49.33% | 47.36% | 45.44% | 44.70% | 44.30% | 44.05% | 44.66% | 44.92% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $518,316K ÷ $1,040,393K
= 49.82%
The gross profit margin of Calix Inc has been relatively stable over the past eight quarters, ranging from a low of 49.86% in Q4 2023 to a high of 51.99% in Q3 2023. This indicates that the company has been able to maintain a reasonable level of profitability after accounting for the cost of goods sold. The slight fluctuations in the gross profit margin may be attributed to changes in factors such as pricing, production costs, or sales volumes during the different quarters. Overall, a gross profit margin in the range of 50-52% demonstrates that Calix Inc is effectively managing its production costs and generating a healthy margin on its products.
Peer comparison
Dec 31, 2023