Super Micro Computer Inc (SMCI)

Gross 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
Gross profit (ttm)	US$ in thousands	1,516,068	1,289,168	1,283,012	1,198,660	1,183,076	1,009,397	800,001	658,168	570,410	542,762	534,538	512,544	522,887	525,196	526,210	534,727	513,694	503,212	495,522	449,421
Revenue (ttm)	US$ in thousands	9,252,750	7,391,030	7,123,490	6,574,090	6,646,280	6,015,500	5,196,100	4,629,620	4,170,011	3,827,897	3,557,417	3,384,563	3,261,090	3,301,727	3,339,281	3,297,389	3,268,480	3,329,046	3,500,360	3,324,294
Gross profit margin		16.39%	17.44%	18.01%	18.23%	17.80%	16.78%	15.40%	14.22%	13.68%	14.18%	15.03%	15.14%	16.03%	15.91%	15.76%	16.22%	15.72%	15.12%	14.16%	13.52%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,516,068K ÷ $9,252,750K
= 16.39%

Super Micro Computer Inc's gross profit margin has shown a fluctuating trend over the past eight quarters. The margin has ranged from a low of 14.22% in Q3 2022 to a high of 18.23% in Q3 2023. In the most recent quarter, Q2 2024, the gross profit margin stood at 16.39%, indicating a slight decrease from the previous quarter.

Although there have been variations in the margin, it is notable that the company has generally maintained a gross profit margin above 15% over this period. This suggests that Super Micro Computer Inc has been able to effectively manage its production costs and generate a reasonable level of profitability from its core operations. Further analysis of the factors influencing these fluctuations would be valuable in understanding the company's overall performance and profitability.