PDF Solutions Inc (PDFS)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 125,321 | 114,086 | 100,642 | 66,867 | 51,281 |
| Revenue | US$ in thousands | 179,465 | 165,835 | 148,549 | 111,060 | 88,046 |
| Gross profit margin | 69.83% | 68.79% | 67.75% | 60.21% | 58.24% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $125,321K ÷ $179,465K
= 69.83%
Based on the data provided, PDF Solutions Inc has seen a consistent improvement in its gross profit margin over the years. The gross profit margin increased from 58.24% as of December 31, 2020, to 69.83% as of December 31, 2024. This upward trend indicates that the company has been effectively managing its production costs and pricing strategies, resulting in a higher percentage of revenue retained after accounting for the cost of goods sold. The increasing gross profit margin suggests that PDF Solutions Inc may be achieving economies of scale, improving operational efficiencies, or implementing effective cost control measures. Overall, the company's improving gross profit margin reflects positively on its profitability and operational performance.
Peer comparison
Dec 31, 2024