Repligen Corporation (RGEN)

Net profit margin

		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	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	41,577	115,794	138,027	167,824	185,959	166,340	159,433	145,805	128,291	118,879	99,933	79,561	59,926	43,832	30,939	23,173	21,411	23,445	26,580	21,223
Revenue (ttm)	US$ in thousands	624,137	668,700	728,189	776,656	800,374	797,146	771,730	724,184	657,807	583,191	499,203	423,845	351,528	312,354	282,284	266,775	258,269	240,737	227,641	204,754
Net profit margin		6.66%	17.32%	18.95%	21.61%	23.23%	20.87%	20.66%	20.13%	19.50%	20.38%	20.02%	18.77%	17.05%	14.03%	10.96%	8.69%	8.29%	9.74%	11.68%	10.37%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $41,577K ÷ $624,137K
= 6.66%

The net profit margin of Repligen Corp. has exhibited some fluctuations over the past eight quarters. The company's net profit margin was relatively high in Q4 2022 at 23.20%, which then declined in subsequent quarters before reaching its lowest point in Q4 2023 at 6.51%. Following this decline, there was a slight recovery in Q3 and Q2 2023, with net profit margins of 17.29% and 18.93%, respectively. The trend continued upwards into Q1 2023, where the net profit margin reached 21.58%.

Overall, it is evident that Repligen Corp. has experienced variability in its net profit margin performance over the past eight quarters. The company should continue monitoring and analyzing this key financial ratio to assess its profitability and make informed strategic decisions moving forward.