Glaukos Corp (GKOS)

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	289,454	276,064	261,516	248,672	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
Revenue (ttm)	US$ in thousands	373,901	353,962	331,942	313,252	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
Gross profit margin		77.41%	77.99%	78.78%	79.38%	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%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $289,454K ÷ $373,901K
= 77.41%

The gross profit margin of Glaukos Corp has shown a generally positive trend over the years based on the provided data. Starting at 73.86% on March 31, 2020, the margin decreased slightly to 63.96% by June 30, 2020, but then gradually increased to reach 78.78% by June 30, 2024.

The company's gross profit margin hit its highest point of 79.38% on March 31, 2024, indicating strong profitability in its core operations. It experienced a slight dip in the following quarters, ending at 77.41% on December 31, 2024.

Overall, the trend demonstrates that Glaukos Corp has managed to maintain a high level of gross profit margin, which is a positive indication of its ability to effectively control production costs and generate profitable revenue from its products or services.