Glaukos Corp (GKOS)

Operating profit margin

Dec 31, 2024 Dec 31, 2023 Dec 31, 2022 Dec 31, 2021 Dec 31, 2020
Operating income US$ in thousands -122,366 -128,700 -82,313 -32,872 -123,553
Revenue US$ in thousands 378,263 301,165 266,924 278,319 211,679
Operating profit margin -32.35% -42.73% -30.84% -11.81% -58.37%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $-122,366K ÷ $378,263K
= -32.35%

The operating profit margin of Glaukos Corp has exhibited fluctuating performance over the last five years. Starting at a substantial negative margin of -58.37% in December 2020, the company made significant improvements, though still negative, reaching -11.81% in December 2021. However, in the following year, the operating profit margin slipped back to -30.84% in December 2022. Despite this setback, there was a further decline to -42.73% by December 2023, indicating increased operational challenges. Nevertheless, by December 2024, there was a slight recovery with the operating profit margin improving to -32.35%. The company's operating profit margin trend suggests the need for continued strategic actions to enhance operational efficiency and profitability.