QuinStreet Inc (QNST)

Operating profit margin

		Jun 30, 2025	Mar 31, 2025	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
Operating income (ttm)	US$ in thousands	6,193	878	-9,366	-19,373	-28,065	-31,964	-28,007	-25,784	-20,782	-17,633	-15,198	-13,579	-4,744	2,526	7,720	15,042	14,027	8,165	5,922	7,447
Revenue (ttm)	US$ in thousands	1,093,711	1,029,978	928,723	768,810	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
Operating profit margin		0.57%	0.09%	-1.01%	-2.52%	-4.57%	-5.86%	-5.10%	-4.60%	-3.58%	-2.95%	-2.64%	-2.40%	-0.81%	0.43%	1.31%	2.51%	2.42%	1.50%	1.14%	1.48%

June 30, 2025 calculation

Operating profit margin = Operating income (ttm) ÷ Revenue (ttm)
= $6,193K ÷ $1,093,711K
= 0.57%

The operating profit margin of QuinStreet Inc. exhibits notable fluctuations over the analyzed period. Starting from modest positive margins in September 2020 at 1.48%, the margin generally declined into negative territory by March 2022, reaching -2.95%. Over the subsequent periods, the operating profit margin continued to deteriorate, reaching as low as -5.86% in March 2024. This sustained decline indicates increasing difficulty in generating operating profit relative to revenue, reflecting potential challenges such as rising costs, competitive pressures, or operational inefficiencies.

In the most recent periods, there is a marked improvement. From a low of -5.86% in March 2024, the margin narrowed to -1.01% by December 2024 and turned positive again, reaching 0.09% in March 2025, and further improving to 0.57% by June 2025. This upward movement suggests that QuinStreet Inc. has begun to recover operationally, achieving better cost control and margin improvement. Overall, the trend demonstrates a significant turnaround from sustained losses to a marginal profit, highlighting a positive shift in operational profitability trajectory as of mid-2025.