Power Integrations Inc (POWI)

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 224,751 213,692 216,466 222,779 228,956 250,102 276,192 320,189 366,907 392,729 392,433 376,903 360,639 341,468 309,298 271,521 243,590 227,810 226,372 224,408
Revenue (ttm) US$ in thousands 418,973 403,230 412,904 429,929 444,538 479,801 514,523 575,286 651,138 699,022 715,565 711,689 703,277 681,316 625,669 552,391 488,318 452,082 445,112 441,145
Gross profit margin 53.64% 53.00% 52.43% 51.82% 51.50% 52.13% 53.68% 55.66% 56.35% 56.18% 54.84% 52.96% 51.28% 50.12% 49.43% 49.15% 49.88% 50.39% 50.86% 50.87%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $224,751K ÷ $418,973K
= 53.64%

Power Integrations Inc's gross profit margin has shown a fluctuating trend over the past few years. The margin started at around 50% in 2020, dipped slightly by the end of the year, and then gradually increased up to 56% by the third quarter of 2022. Subsequently, there was a slight decline in the margin, settling around 51-53% from 2023 to 2024. Overall, the company has managed to maintain a healthy gross profit margin, demonstrating its ability to efficiently manage its production costs and generate profits from its sales.