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.