Lattice Semiconductor Corporation (LSCC)

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 322,015 360,056 406,929 463,995 505,517 517,789 501,960 479,884 452,050 421,064 385,157 351,856 321,675 295,456 274,937 258,330 245,306 239,738 238,871 238,332
Revenue (ttm) US$ in thousands 509,401 562,578 627,656 693,659 737,154 742,518 722,858 694,151 660,356 626,191 585,593 550,126 515,327 480,705 451,836 426,520 408,120 401,184 401,611 403,318
Gross profit margin 63.21% 64.00% 64.83% 66.89% 68.58% 69.73% 69.44% 69.13% 68.46% 67.24% 65.77% 63.96% 62.42% 61.46% 60.85% 60.57% 60.11% 59.76% 59.48% 59.09%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $322,015K ÷ $509,401K
= 63.21%

The gross profit margin of Lattice Semiconductor Corporation has shown a fluctuating trend over the past few years, starting at around 59% in March 2020 and gradually increasing to a peak of 69.73% by September 30, 2023. However, there was a slight decrease to 68.58% by December 31, 2023. The margin further declined to 66.89% by March 31, 2024 and continued to decrease to 63.21% by December 31, 2024.

Overall, the gross profit margin of Lattice Semiconductor Corporation demonstrates variability in performance over the reported period. It is crucial for the company to monitor and manage its cost of goods sold effectively to sustain and potentially improve its profitability in the future.