Glaukos Corp (GKOS)

Gross 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
Gross profit (ttm) US$ in thousands 239,136 229,667 224,537 219,093 213,883 216,253 221,185 226,667 227,384 224,653 212,212 161,768 133,240 129,541 133,448 174,288 198,396 195,409 182,500 168,771
Revenue (ttm) US$ in thousands 303,223 293,554 286,692 278,963 272,731 274,744 281,666 290,488 292,910 292,904 283,025 236,490 222,935 215,550 208,628 235,970 236,597 224,824 210,423 192,784
Gross profit margin 78.86% 78.24% 78.32% 78.54% 78.42% 78.71% 78.53% 78.03% 77.63% 76.70% 74.98% 68.40% 59.77% 60.10% 63.96% 73.86% 83.85% 86.92% 86.73% 87.54%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $239,136K ÷ $303,223K
= 78.86%

The gross profit margin of Glaukos Corporation has shown relatively stable performance over the past eight quarters. The margins have consistently remained high, ranging from 75.61% to 77.17%. This indicates that the company is effectively controlling its production and direct costs related to sales. Despite minor fluctuations, the overall trend suggests a strong ability to generate profits from its core business operations. It is essential for Glaukos to continue monitoring and optimizing its cost structure to sustain and potentially improve its gross profit margin in the future.