Dynavax Technologies Corporation (DVAX)

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	-6,389	61,125	110,641	235,965	293,156	325,202	232,963	108,681	76,713	-38,533	-5,702	-61,754	-75,245	-96,534	-134,394	-125,528	-152,600	-155,813	-162,882	-159,613
Revenue (ttm)	US$ in thousands	235,106	361,342	458,602	655,854	722,936	738,615	680,155	468,445	435,169	253,029	160,810	117,382	44,851	38,749	28,039	29,074	23,999	18,747	13,521	11,072
Net profit margin		-2.72%	16.92%	24.13%	35.98%	40.55%	44.03%	34.25%	23.20%	17.63%	-15.23%	-3.55%	-52.61%	-167.77%	-249.13%	-479.31%	-431.75%	-635.86%	-831.14%	-1,204.66%	-1,441.59%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-6,389K ÷ $235,106K
= -2.72%

Net profit margin, a key profitability ratio, measures the percentage of revenue that translates into net income after accounting for all expenses. Dynavax Technologies Corp.'s net profit margin has shown fluctuations over the past eight quarters.

In Q4 2023, the company's net profit margin stood at -2.75%, indicating that its expenses exceeded its revenue, resulting in a net loss. This contrasts sharply with the previous quarter (Q3 2023) when Dynavax achieved a robust net profit margin of 16.88%.

Looking further back, the company's profitability improved significantly in Q2 2023 and Q1 2023, with net profit margins of 24.05% and 35.97%, respectively. These quarters saw Dynavax generating a higher net income relative to its revenue.

Notably, during Q4 2022 and Q3 2022, the company achieved even higher net profit margins of 40.53% and 43.76%, respectively, indicating strong profitability levels. Subsequently, there was a slight dip in profitability in Q2 2022 with a net profit margin of 33.94%, followed by a further decline in Q1 2022 to 22.13%.

Overall, Dynavax Technologies Corp.'s net profit margin has been volatile, with periods of strong profitability interspersed with quarters of losses or lower margins. This variability suggests potential challenges in managing expenses and maximizing revenue generation efficiency.