Coherent Inc (COHR)
Gross profit margin
| 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 | Dec 31, 2019 | Sep 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | -254,498 | -509,104 | -499,290 | -527,847 | -421,849 | -58,579 | 84,123 | 275,504 | 390,064 | 469,231 | 467,544 | 483,095 | 468,856 | 444,425 | 454,010 | 251,434 | 140,888 | 69,739 | 10,841 | 137,722 |
| Revenue (ttm) | US$ in thousands | 4,423,018 | 4,299,508 | 4,340,458 | 4,597,078 | 4,934,810 | 4,651,274 | 4,272,489 | 3,735,009 | 3,202,059 | 3,158,235 | 3,142,576 | 3,124,028 | 3,042,393 | 2,969,222 | 2,797,167 | 2,663,756 | 2,289,531 | 1,925,884 | 1,664,222 | 1,363,540 |
| Gross profit margin | -5.75% | -11.84% | -11.50% | -11.48% | -8.55% | -1.26% | 1.97% | 7.38% | 12.18% | 14.86% | 14.88% | 15.46% | 15.41% | 14.97% | 16.23% | 9.44% | 6.15% | 3.62% | 0.65% | 10.10% |
June 30, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $-254,498K ÷ $4,423,018K
= -5.75%
Coherent Inc's gross profit margin has been fluctuating over the past few quarters. The company experienced negative gross profit margins in the most recent quarters, with percentages ranging from -5.75% to -11.84%. This indicates that the company's cost of goods sold exceeded its revenues in those periods.
However, looking back further, Coherent Inc's gross profit margins were positive, with margins ranging from 0.65% to 16.23% in earlier quarters. This suggests that the company was able to generate more profit from its sales after accounting for the cost of goods sold during these periods.
The trend in the gross profit margin shows some volatility, with fluctuations observed in each quarter. It is important for the company to closely monitor and manage its cost structure and pricing strategies to improve its gross profit margin and overall profitability in the future.
Peer comparison
Jun 30, 2024