InterDigital Inc (IDCC)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 808,484 | 463,664 | 355,880 | 307,208 | 279,356 |
| Revenue | US$ in thousands | 871,346 | 516,955 | 406,489 | 407,069 | 329,455 |
| Gross profit margin | 92.79% | 89.69% | 87.55% | 75.47% | 84.79% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $808,484K ÷ $871,346K
= 92.79%
InterDigital Inc's gross profit margin has demonstrated a generally positive trend over the years, starting at 84.79% in December 2020 and consistently increasing to 92.79% by December 2024. This improvement indicates the company's ability to effectively manage its production costs and generate higher revenues relative to its cost of goods sold. The rising trend suggests increasing efficiency in the company's operations and pricing strategies, which may result in higher profitability and shareholder value. It is crucial for stakeholders to monitor this metric as it reflects the fundamental operational performance and competitive position of InterDigital Inc within its industry.
Peer comparison
Dec 31, 2024