LivaNova PLC (LIVN)

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	870,873	841,686	818,225	804,557	771,250	764,600	733,715	712,868	707,228	725,354	723,100	711,029	705,994	671,246	650,173	592,864	594,763	632,506	664,321	746,465
Revenue (ttm)	US$ in thousands	1,207,181	1,181,723	1,134,930	1,096,381	1,093,987	1,057,777	1,026,749	989,010	971,142	983,022	925,125	933,289	932,621	932,112	974,900	901,723	907,604	925,639	964,065	1,062,089
Gross profit margin		72.14%	71.23%	72.09%	73.38%	70.50%	72.28%	71.46%	72.08%	72.82%	73.79%	78.16%	76.19%	75.70%	72.01%	66.69%	65.75%	65.53%	68.33%	68.91%	70.28%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $870,873K ÷ $1,207,181K
= 72.14%

The gross profit margin of LivaNova PLC has shown fluctuation over the analyzed period from March 31, 2020, to December 31, 2024. The margin started at a relatively high level of 70.28% in March 2020, gradually decreased to 65.53% by December 2020, and then fluctuated around the mid-60% range until September 2021.

From September 2021 onwards, there was a noticeable improvement in the gross profit margin, reaching a peak of 78.16% in June 2022. However, the margin slightly declined in the following quarters but remained relatively high compared to the earlier periods. The margin hit the lowest point at 71.23% in September 2024 and then slightly recovered to 72.14% by December 31, 2024.

Overall, the trend indicates some volatility in the gross profit margin of LivaNova PLC, with some periods of improvement and decline. It is essential for stakeholders to monitor and evaluate the factors influencing these fluctuations to ensure the company's profitability and operational efficiency.