QuinStreet Inc (QNST)

Operating 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
Operating income (ttm)	US$ in thousands	-28,065	-31,964	-28,041	-25,818	-20,816	-17,641	-15,172	-13,553	-4,718	2,426	7,620	14,942	13,927	8,165	5,922	7,447	6,205	10,473	5,535	7,095
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
Operating profit margin		-4.57%	-5.86%	-5.10%	-4.60%	-3.59%	-2.96%	-2.64%	-2.39%	-0.81%	0.41%	1.29%	2.50%	2.41%	1.50%	1.14%	1.48%	1.27%	2.11%	1.15%	1.51%

June 30, 2024 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $-28,065K ÷ $613,514K
= -4.57%

QuinStreet Inc's operating profit margin has displayed fluctuating trends over the past several quarters. The operating profit margins have been negative for the most recent quarters, ranging from -5.86% to -4.57%. This indicates that the company's operating expenses are high relative to its revenue during these periods, resulting in operational inefficiencies and financial losses.

However, prior to the recent decline, QuinStreet Inc had shown improvement in its operating profit margins, with positive margins ranging from 0.41% to 2.50% in earlier quarters. This suggests that the company was able to effectively control its operating expenses and generate higher profits from its operations.

Overall, the downward trend in operating profit margins in recent quarters may raise concerns about the company's cost management and revenue generation strategies. Investors and stakeholders may need to closely monitor QuinStreet Inc's financial performance to assess the effectiveness of its operational decisions and potential impact on profitability.