Repligen Corporation (RGEN)

Gross profit margin

		Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Gross profit	US$ in thousands	274,645	284,247	455,706	391,254	209,626
Revenue	US$ in thousands	634,439	638,764	801,536	670,534	366,260
Gross profit margin		43.29%	44.50%	56.85%	58.35%	57.23%

December 31, 2024 calculation

Gross profit margin = Gross profit ÷ Revenue
= $274,645K ÷ $634,439K
= 43.29%

Based on the provided data for Repligen Corporation's gross profit margin over the years, we observe the following trends:

1. Repligen's gross profit margin has generally been at healthy levels, starting at 57.23% in December 2020 and reaching a peak of 58.35% by December 2021.

2. However, there has been a slight decline in the gross profit margin in the following years, with the margin decreasing to 56.85% by December 2022.

3. The most significant drop in the gross profit margin occurred between December 2022 and December 2023, where it fell to 44.50%.

4. The downward trend continued into the next year, with the gross profit margin further decreasing to 43.29% by December 2024.

Overall, Repligen Corporation experienced a fluctuating gross profit margin over the specified period, showing both positive and negative movements. It would be important for the company to analyze the factors contributing to these changes to maintain and improve its profitability in the future.