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