Super Micro Computer Inc (SMCI)
Gross profit margin
| Jun 30, 2023 | Jun 30, 2022 | Jun 30, 2021 | Jun 30, 2020 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 1,283,010 | 800,001 | 534,538 | 526,210 | 495,522 |
| Revenue | US$ in thousands | 7,123,480 | 5,196,100 | 3,557,420 | 3,339,280 | 3,500,360 |
| Gross profit margin | 18.01% | 15.40% | 15.03% | 15.76% | 14.16% |
June 30, 2023 calculation
Gross profit margin = Gross profit ÷ Revenue
= $1,283,010K ÷ $7,123,480K
= 18.01%
Super Micro Computer Inc's gross profit margin has displayed a generally positive trend over the past five years. The company's gross profit margin improved from 14.16% in 2019 to 18.01% in 2023, indicating an increasing ability to generate profits from its core operations.
The rising trend suggests that Super Micro Computer Inc has been effectively controlling its cost of goods sold and/or increasing the selling price of its products over the years. This can be a sign of operational efficiency and effective pricing strategies.
The gross profit margin of 18.01% in 2023 is particularly noteworthy as it represents a significant improvement from the 15.40% and 15.03% recorded in 2022 and 2021, respectively. This uptrend may indicate that the company is enhancing its competitive position and generating more value from its products.
Overall, the consistent improvement in gross profit margin signifies that Super Micro Computer Inc has been successful in managing its production costs and maintaining pricing power in the market. However, it should be noted that a thorough analysis of cost components and revenue streams is essential to gain a complete understanding of the factors driving this trend.
Peer comparison
Jun 30, 2023