CSG Systems International Inc (CSGS)

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	571,812	544,502	532,980	536,076	548,182	552,759	553,471	542,320	524,584	517,861	511,519	509,681	503,276	495,599	480,130	460,102	454,936	452,490	458,815	470,269
Revenue (ttm)	US$ in thousands	1,197,248	1,177,920	1,169,645	1,165,654	1,169,258	1,161,810	1,148,250	1,124,091	1,089,752	1,074,901	1,064,802	1,057,768	1,046,487	1,031,949	1,012,848	998,035	990,533	984,793	992,099	997,634
Gross profit margin		47.76%	46.23%	45.57%	45.99%	46.88%	47.58%	48.20%	48.25%	48.14%	48.18%	48.04%	48.18%	48.09%	48.03%	47.40%	46.10%	45.93%	45.95%	46.25%	47.14%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $571,812K ÷ $1,197,248K
= 47.76%

The gross profit margin of CSG Systems International Inc has displayed some fluctuations over the periods presented. The trend shows a general decline from March 31, 2020, to September 30, 2021, with the margin decreasing from 47.14% to 48.03%. However, there has been a slight uptick in the margin from September 30, 2021, reaching its peak at 48.25% on March 31, 2023.

Subsequently, the margin began to decline again, dropping to 45.99% on March 31, 2024. This was followed by further decreases in the following periods until a notable increase was observed on December 31, 2024, where the margin rose to 47.76%.

It is important to analyze the reasons behind these fluctuations, such as changes in the cost of goods sold, pricing strategies, or changes in product mix, to fully understand the drivers of the gross profit margin for CSG Systems International Inc.