Smart Global Holdings Inc (SGH)
Net profit margin
| Mar 1, 2024 | Dec 1, 2023 | Aug 25, 2023 | May 26, 2023 | Feb 24, 2023 | Nov 25, 2022 | Aug 26, 2022 | May 27, 2022 | Feb 25, 2022 | Nov 26, 2021 | Aug 27, 2021 | May 28, 2021 | Feb 26, 2021 | Nov 27, 2020 | May 29, 2020 | Feb 28, 2020 | Nov 29, 2019 | Aug 30, 2019 | May 31, 2019 | Mar 1, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -198,840 | -212,439 | -187,526 | -26,723 | 21,845 | 51,522 | 66,557 | 67,248 | 35,924 | 39,310 | 21,310 | 1,485 | -1,024 | -6,644 | -3,046 | -1,926 | 20,580 | 51,332 | 75,425 | 105,426 |
| Revenue (ttm) | US$ in thousands | 1,233,638 | 1,360,769 | 1,552,734 | 1,598,535 | 1,700,746 | 1,758,024 | 1,764,196 | 1,888,093 | 1,862,989 | 1,718,489 | 1,559,283 | 1,371,659 | 1,193,744 | 1,160,383 | 1,134,618 | 1,092,825 | 1,123,015 | 1,259,316 | 1,354,886 | 1,462,059 |
| Net profit margin | -16.12% | -15.61% | -12.08% | -1.67% | 1.28% | 2.93% | 3.77% | 3.56% | 1.93% | 2.29% | 1.37% | 0.11% | -0.09% | -0.57% | -0.27% | -0.18% | 1.83% | 4.08% | 5.57% | 7.21% |
March 1, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-198,840K ÷ $1,233,638K
= -16.12%
Smart Global Holdings Inc's net profit margin has been fluctuating over the past few quarters. The company experienced negative net profit margins in the most recent quarters, March 1, 2024, and December 1, 2023, indicating that the company's expenses exceeded its revenue during those periods.
However, looking back further, the net profit margin was positive and relatively stable between May 28, 2021, and August 26, 2022, ranging from 0.11% to 3.77%. This suggests that the company was able to control its expenses and generate profits during that time frame.
It is worth noting that the net profit margin significantly dropped in the November 27, 2020, and May 29, 2020, quarters, reaching as low as -0.57% and -0.27% respectively. This indicates that the company's profitability was under pressure during those periods.
Overall, Smart Global Holdings Inc's net profit margin has shown variability, with a recent trend of negative margins. The company may need to focus on optimizing its expenses and revenue generation to improve its profitability in the future.
Peer comparison
Mar 1, 2024