Lattice Semiconductor Corporation (LSCC)

Net profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Net income	US$ in thousands	61,131	259,061	178,882	95,922	47,392
Revenue	US$ in thousands	509,401	737,154	660,356	515,327	408,120
Net profit margin		12.00%	35.14%	27.09%	18.61%	11.61%

December 31, 2024 calculation

Net profit margin = Net income ÷ Revenue
= $61,131K ÷ $509,401K
= 12.00%

Based on the provided data, Lattice Semiconductor Corporation's net profit margin has shown a fluctuating trend over the years. The net profit margin was 11.61% as of December 31, 2020, indicating that for every dollar of revenue generated, the company had a net profit of 11.61 cents.

There was a significant improvement in the net profit margin, reaching 18.61% by December 31, 2021, suggesting enhanced profitability relative to the previous year. The trend continued to improve in 2022, with the net profit margin increasing to 27.09%, indicating effective cost management and/or revenue growth strategies implemented by the company.

By December 31, 2023, Lattice Semiconductor Corporation achieved its highest net profit margin of 35.14%, reflecting a strong performance in maximizing profits relative to its revenue. However, there was a notable decline in profitability by the end of 2024, with the net profit margin decreasing to 12.00%.

Overall, Lattice Semiconductor Corporation's net profit margin has shown variability over the years, with significant improvements in certain periods followed by fluctuations. It is essential for the company to assess the factors contributing to the fluctuations and maintain a sustainable level of profitability in the future.