Glaukos Corp (GKOS)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	289,454	239,136	213,883	227,384	133,240
Revenue	US$ in thousands	378,263	301,165	266,924	278,319	211,679
Gross profit margin		76.52%	79.40%	80.13%	81.70%	62.94%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $289,454K ÷ $378,263K
= 76.52%

The gross profit margin of Glaukos Corp has shown a positive trend over the years, indicating efficient cost management and profitability in its core operations.

From December 31, 2020, where the gross profit margin was 62.94%, there has been a notable improvement in subsequent years:

- By December 31, 2021, the gross profit margin increased significantly to 81.70%, reflecting enhanced pricing strategies or cost control measures.
- This positive trajectory continued into December 31, 2022, with a slightly lower but still strong gross profit margin of 80.13%.
- In December 31, 2023, the gross profit margin remained robust at 79.40%, indicating the company's continued ability to generate profits after accounting for cost of goods sold.
- However, by December 31, 2024, there was a slight decrease in the gross profit margin to 76.52%, which could be due to various factors such as increased competition or pricing pressures.

Overall, the trend suggests that Glaukos Corp has been effectively managing its production costs and maintaining healthy margins, but it should continue monitoring and adjusting strategies to sustain its profitability in the future.