Harmonic Inc (HLIT)
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 | 359,610 | 313,722 | 270,674 | 285,383 | 309,441 | 316,375 | 333,295 | 330,756 | 315,884 | 308,125 | 295,675 | 273,779 | 259,742 | 253,366 | 236,136 | 213,404 | 194,997 | 185,130 | 211,746 | 217,901 |
| Revenue (ttm) | US$ in thousands | 678,722 | 623,648 | 555,095 | 572,318 | 607,907 | 605,149 | 633,684 | 635,167 | 624,957 | 616,427 | 587,010 | 543,012 | 507,149 | 482,873 | 451,444 | 411,990 | 378,831 | 369,481 | 390,314 | 401,185 |
| Gross profit margin | 52.98% | 50.30% | 48.76% | 49.86% | 50.90% | 52.28% | 52.60% | 52.07% | 50.54% | 49.99% | 50.37% | 50.42% | 51.22% | 52.47% | 52.31% | 51.80% | 51.47% | 50.11% | 54.25% | 54.31% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $359,610K ÷ $678,722K
= 52.98%
Harmonic Inc's gross profit margin has fluctuated over the period from March 31, 2020, to December 31, 2024. The gross profit margin represents the percentage of revenue that exceeds the cost of goods sold, indicating the company's efficiency in managing its production costs.
The trend in Harmonic Inc's gross profit margin shows some variability, with a peak of 54.31% on March 31, 2020, and a low of 48.76% on June 30, 2024. Overall, the gross profit margin has shown a slight downward trend, dropping from around 54% in 2020 to approximately 53% by the end of 2024. However, there have been some periods of improvement, such as the increase in gross profit margin from March 31, 2023, to June 30, 2023.
It is essential for Harmonic Inc to monitor and analyze its gross profit margin regularly to ensure that it remains competitive and sustainable. Fluctuations in the gross profit margin may impact the company's profitability and overall financial health. Management should focus on cost control measures, pricing strategies, and operational efficiencies to maintain a healthy gross profit margin over time.
Peer comparison
Dec 31, 2024