Glaukos Corp (GKOS)
Operating 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Operating income (ttm) | US$ in thousands | -128,700 | -123,812 | -117,413 | -125,098 | -82,313 | -66,448 | -33,813 | -11,275 | -32,872 | -26,395 | -49,771 | -82,746 | -123,553 | -141,858 | -141,921 | -100,964 | -50,292 | -18,698 | -13,220 | -11,228 |
| 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 |
| Operating profit margin | -42.44% | -42.18% | -40.95% | -44.84% | -30.18% | -24.19% | -12.00% | -3.88% | -11.22% | -9.01% | -17.59% | -34.99% | -55.42% | -65.81% | -68.03% | -42.79% | -21.26% | -8.32% | -6.28% | -5.82% |
December 31, 2023 calculation
Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-128,700K ÷ $303,223K
= -42.44%
Glaukos Corporation's operating profit margin has been fluctuating over the past eight quarters, ranging from -20.86% to -39.82%. The highest operating profit margin was recorded in Q1 2022 at -20.86%, while the lowest was in Q3 2023 at -39.80%. The overall trend shows a general decline in operating profit margins from Q1 2022 to Q3 2023, indicating potential challenges in generating profits from its core business operations. This downward trend may call for a closer examination of the company's cost structure, pricing strategies, and revenue generation capabilities to improve profitability in the future.
Peer comparison
Dec 31, 2023