InterDigital Inc (IDCC)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 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 | 266,064 | 239,229 | 249,266 | 250,011 |
| Revenue (ttm) | US$ in thousands | 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 | 307,764 | 280,929 | 290,301 | 288,591 |
| Gross profit margin | 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% | 86.45% | 85.16% | 85.86% | 86.63% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $461,864K ÷ $517,655K
= 89.22%
Interdigital Inc's gross profit margin has been consistently stable at 100.00% across all quarters in the data provided. This indicates that the company is effectively managing its production costs and is able to generate substantial gross profit from its revenue. A gross profit margin of 100.00% reflects a strong pricing strategy and efficient cost control measures. However, it's important to note that while a high gross profit margin is positive, it should be analyzed in conjunction with other financial metrics to get a complete picture of the company's overall financial health and performance.
Peer comparison
Dec 31, 2023