Kulicke and Soffa Industries Inc (KLIC)

Gross profit margin

		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	Dec 31, 2019
Gross profit (ttm)	US$ in thousands	268,754	276,936	282,224	349,845	358,655	395,503	496,170	613,788	748,320	846,948	851,958	798,738	696,986	554,556	428,284	349,097	297,975	274,528	263,885	250,155
Revenue (ttm)	US$ in thousands	706,232	727,233	736,500	737,447	742,491	826,484	1,007,704	1,218,965	1,503,620	1,702,633	1,754,814	1,710,695	1,517,664	1,210,026	936,158	746,736	623,176	585,315	561,974	527,141
Gross profit margin		38.05%	38.08%	38.32%	47.44%	48.30%	47.85%	49.24%	50.35%	49.77%	49.74%	48.55%	46.69%	45.92%	45.83%	45.75%	46.75%	47.82%	46.90%	46.96%	47.46%

September 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $268,754K ÷ $706,232K
= 38.05%

The gross profit margin of Kulicke and Soffa Industries Inc has demonstrated stability over the past few quarters, hovering around the range of 38% to 50%.

There was a noticeable decline in the gross profit margin from December 2023 to March 2024, dropping from 47.44% to 38.32%. However, the margin started to recover and stabilize in the subsequent quarters, indicating potential adjustments in cost structures or pricing strategies.

Overall, the average gross profit margin for the period under review is approximately 46%, suggesting that the company retains a considerable portion of its revenue after accounting for the cost of goods sold. This indicates effective cost control and pricing strategies, although slight fluctuations can be observed.