QuinStreet Inc (QNST)

Net profit margin

		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	Dec 31, 2019	Sep 30, 2019
Net income (ttm)	US$ in thousands	-31,331	-85,058	-78,489	-74,914	-68,866	-17,918	-15,209	-12,858	-5,248	3,066	5,873	11,967	23,555	21,686	30,568	31,651	18,102	20,016	7,038	58,315
Revenue (ttm)	US$ in thousands	613,514	545,505	549,589	560,954	580,624	596,814	574,801	566,084	582,099	586,795	589,189	598,826	578,487	544,250	519,861	502,994	490,339	495,342	482,904	468,899
Net profit margin		-5.11%	-15.59%	-14.28%	-13.35%	-11.86%	-3.00%	-2.65%	-2.27%	-0.90%	0.52%	1.00%	2.00%	4.07%	3.98%	5.88%	6.29%	3.69%	4.04%	1.46%	12.44%

June 30, 2024 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-31,331K ÷ $613,514K
= -5.11%

The net profit margin of QuinStreet Inc has shown fluctuations over the past several quarters. The company's profitability, as measured by net profit margin, has been negative in recent quarters, indicating that the company's expenses have exceeded its revenues. There was a significant decrease in net profit margin from the fourth quarter of 2020 to the second quarter of 2021, where it declined from 5.88% to 1.00%.

Subsequently, the net profit margin improved in the third and fourth quarters of 2021, reaching 2.00% and 4.07%, respectively. This positive trend continued in the first quarter of 2022, with the net profit margin increasing to 12.44%, indicating improved profitability. However, in the following quarters, the net profit margin declined again, with negative margins observed since the second quarter of 2023.

Overall, QuinStreet Inc's net profit margin has been volatile and trended negatively in recent quarters, pointing to potential challenges in managing costs and generating profits. Further analysis of the company's operational efficiency and cost management practices may be warranted to address the downward trend in profitability.