Calix Inc (CALX)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | 29,325 | 47,851 | 44,341 | 42,489 | 41,010 | 48,964 | 212,945 | 225,882 | 238,378 | 242,599 | 85,713 | 61,043 | 33,484 | 9,879 | -14,038 | -14,871 | -17,694 | -23,769 | -19,581 | -17,329 |
| 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 |
| Net profit margin | 2.82% | 4.69% | 4.47% | 4.55% | 4.72% | 6.12% | 28.95% | 32.16% | 35.09% | 36.05% | 13.16% | 10.15% | 6.19% | 2.01% | -3.08% | -3.41% | -4.17% | -5.67% | -4.66% | -4.02% |
December 31, 2023 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $29,325K ÷ $1,040,393K
= 2.82%
The net profit margin of Calix Inc has shown a decreasing trend over the past few quarters, as seen in the table provided. In Q4 2023, the net profit margin stood at 2.82%, down from 4.69% in Q3 2023 and continuing a decline from the previous quarters. The company experienced a significant drop in net profit margin compared to the same quarter in the prior year, with Q4 2023 at 2.82% compared to 4.73% in Q4 2022.
It is evident that Calix Inc's profitability has been under pressure, as reflected in the decreasing net profit margin figures. Further analysis of the company's financial performance and operational efficiency may be necessary to identify the factors contributing to this decline and to formulate strategies for improvement.
Peer comparison
Dec 31, 2023