Juniper Networks Inc (JNPR)

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	3,201,900	3,221,700	3,199,100	3,080,100	2,958,300	2,881,700	2,786,100	2,773,900	2,740,100	2,706,700	2,672,300	2,610,000	2,573,700	2,576,000	2,596,600	2,613,800	2,616,800	2,608,400	2,641,000	2,705,100
Revenue (ttm)	US$ in thousands	5,484,500	5,571,600	5,593,700	5,485,300	5,288,400	5,144,700	4,921,900	4,779,600	4,624,000	4,559,000	4,501,500	4,408,800	4,386,600	4,372,100	4,348,700	4,362,200	4,361,800	4,334,700	4,393,000	4,490,700
Gross profit margin		58.38%	57.82%	57.19%	56.15%	55.94%	56.01%	56.61%	58.04%	59.26%	59.37%	59.36%	59.20%	58.67%	58.92%	59.71%	59.92%	59.99%	60.17%	60.12%	60.24%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $3,201,900K ÷ $5,484,500K
= 58.38%

Juniper Networks Inc has shown a consistent trend of gross profit margin improvement throughout the quarters, with a slight decrease in Q1 2023 compared to the previous quarter. The gross profit margin has ranged from 55.80% to 57.54% over the last eight quarters, indicating relatively strong performance in managing production costs and generating profits from sales. The recent decrease in Q1 2023 could be a point of concern, but further analysis is required to understand the underlying reasons. Overall, Juniper Networks Inc has maintained a healthy gross profit margin, demonstrating efficiency in production and pricing strategies.