Silicon Laboratories Inc (SLAB)

Gross profit margin

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 Jun 30, 2020 Mar 31, 2020
Gross profit (ttm) US$ in thousands 312,188 265,891 294,603 361,795 460,586 573,957 620,517 640,645 642,557 613,091 557,015 489,410 425,392 381,496 347,471 317,752 355,164 174,430 233,036 293,506
Revenue (ttm) US$ in thousands 584,386 504,982 542,347 641,846 782,258 952,738 1,018,795 1,037,079 1,024,106 975,461 890,475 796,817 720,860 658,009 605,909 550,767 607,787 681,396 771,959 864,318
Gross profit margin 53.42% 52.65% 54.32% 56.37% 58.88% 60.24% 60.91% 61.77% 62.74% 62.85% 62.55% 61.42% 59.01% 57.98% 57.35% 57.69% 58.44% 25.60% 30.19% 33.96%

December 31, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $312,188K ÷ $584,386K
= 53.42%

The gross profit margin of Silicon Laboratories Inc has shown fluctuations over the periods analyzed. It declined from 33.96% in March 2020 to 25.60% in September 2020, but then increased significantly to 58.44% by December 2020. Subsequently, the gross profit margin remained relatively stable and at high levels, ranging between 57.35% and 62.85% until September 2022.

However, from December 2022 onwards, the gross profit margin started to decline gradually, reaching 53.42% by December 2024. Overall, Silicon Laboratories Inc has maintained a generally healthy gross profit margin above 50% during most periods, indicating efficient cost management and pricing strategies within its operations.