CEVA Inc (CEVA)
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 | 93,859 | 89,910 | 88,380 | 83,630 | 86,973 | 92,597 | 96,593 | 102,363 | 107,596 | 108,203 | 110,451 | 110,845 | 105,879 | 103,400 | 97,897 | 91,734 | 89,577 | 89,411 | 87,658 | 82,964 |
Revenue (ttm) | US$ in thousands | 106,939 | 101,878 | 98,744 | 96,479 | 100,669 | 109,909 | 119,496 | 126,519 | 134,648 | 135,303 | 134,433 | 131,695 | 122,706 | 116,794 | 108,964 | 102,113 | 100,326 | 100,493 | 99,004 | 93,798 |
Gross profit margin | 87.77% | 88.25% | 89.50% | 86.68% | 86.40% | 84.25% | 80.83% | 80.91% | 79.91% | 79.97% | 82.16% | 84.17% | 86.29% | 88.53% | 89.84% | 89.84% | 89.29% | 88.97% | 88.54% | 88.45% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $93,859K ÷ $106,939K
= 87.77%
CEVA Inc's gross profit margin has displayed some fluctuations over the periods analyzed. The trend shows a general increase from March 31, 2020, to June 30, 2021, reaching highs of 89.84%. However, there was a subsequent decrease in the margin to 79.91% by December 31, 2022. From there, the gross profit margin gradually improved until reaching 89.50% by June 30, 2024.
It is worth noting that the company experienced some variability in its gross profit margin figures, with fluctuations occurring in some quarters. Overall, the trend suggests that CEVA Inc has managed to maintain relatively high levels of gross profitability, with some periods demonstrating stronger performance compared to others.
Peer comparison
Dec 31, 2024