PDF Solutions Inc (PDFS)

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 124,803 119,136 113,279 113,339 114,672 114,887 114,134 107,528 100,642 90,121 81,291 75,299 66,867 61,184 56,318 52,147 51,281 52,256 51,836 52,109
Revenue (ttm) US$ in thousands 179,465 170,505 166,446 166,386 165,835 165,233 162,743 155,810 148,549 137,912 127,607 120,358 111,060 103,541 97,098 91,088 88,046 88,241 87,043 86,202
Gross profit margin 69.54% 69.87% 68.06% 68.12% 69.15% 69.53% 70.13% 69.01% 67.75% 65.35% 63.70% 62.56% 60.21% 59.09% 58.00% 57.25% 58.24% 59.22% 59.55% 60.45%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $124,803K ÷ $179,465K
= 69.54%

The gross profit margin of PDF Solutions Inc has shown a fluctuating trend over the analyzed periods, starting at 60.45% in March 2020 and generally declining to 58.24% by December 2020. However, since March 2021, the gross profit margin has been on an upward trajectory, reaching a peak of 70.13% in June 2023. The margin dipped slightly in September 2023 and December 2023 but remained above 69%. By December 2024, the gross profit margin had stabilized at 69.54%.

Overall, the company has managed to improve its gross profit margin significantly over the years, reflecting better cost management, pricing strategies, and operational efficiency. The increasing trend in the latter part of the analysis period indicates a positive direction for PDF Solutions Inc's profitability and competitiveness in the market.