Lattice Semiconductor Corporation (LSCC)

Operating profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating income	US$ in thousands	34,457	214,178	187,367	100,816	52,366
Revenue	US$ in thousands	509,401	737,154	660,356	515,327	408,120
Operating profit margin		6.76%	29.05%	28.37%	19.56%	12.83%

December 31, 2024 calculation

Operating profit margin = Operating income ÷ Revenue
= $34,457K ÷ $509,401K
= 6.76%

The operating profit margin of Lattice Semiconductor Corporation has exhibited significant fluctuations over the past five years. Starting at 12.83% on December 31, 2020, the margin steadily increased to 19.56% by the end of 2021 and experienced a substantial surge to 28.37% by December 31, 2022. The upward trend continued with a slight improvement to 29.05% in 2023, indicating efficient management of operating expenses. However, this positive trajectory was disrupted by a notable decrease to 6.76% by December 31, 2024, suggesting potential challenges in maintaining profitability and controlling costs during that period. This fluctuation in operating profit margin underscores the importance of monitoring and adaptively managing operational efficiency to sustain financial performance.