InterDigital Inc (IDCC)
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 | 794,162 | 654,918 | 652,523 | 521,073 | 461,864 | 450,558 | 430,500 | 443,551 | 350,543 | 356,137 | 371,228 | 325,997 | 307,161 | 308,472 | 270,137 | 309,740 | 300,521 | 311,892 | 294,685 | 266,756 |
| Revenue (ttm) | US$ in thousands | 857,024 | 711,188 | 709,932 | 575,889 | 517,655 | 504,255 | 483,937 | 497,549 | 401,152 | 416,818 | 445,514 | 426,114 | 407,069 | 385,797 | 330,293 | 343,605 | 336,872 | 348,243 | 333,653 | 307,944 |
| Gross profit margin | 92.67% | 92.09% | 91.91% | 90.48% | 89.22% | 89.35% | 88.96% | 89.15% | 87.38% | 85.44% | 83.33% | 76.50% | 75.46% | 79.96% | 81.79% | 90.14% | 89.21% | 89.56% | 88.32% | 86.62% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $794,162K ÷ $857,024K
= 92.67%
InterDigital Inc's gross profit margin has demonstrated fluctuations over the specified periods. Starting at 86.62% as of March 31, 2020, the margin experienced an overall increasing trend, reaching a peak of 92.67% by December 31, 2024. Notable fluctuations were observed throughout the quarters, with some periods showing significant increases, such as the rise from 75.46% as of December 31, 2021, to 90.48% as of March 31, 2024. However, there were also moments of decline, as seen with the drop from 90.14% as of March 31, 2021, to 81.79% as of June 30, 2021.
Overall, the trend indicates that InterDigital Inc has been effectively managing its cost of goods sold and improving its gross profitability over the assessed periods. This sustained increase in gross profit margin could be indicative of operational efficiency, pricing strategies, cost controls, or a combination of these factors contributing to the company's financial performance.
Peer comparison
Dec 31, 2024