STAAR Surgical Company (STAA)
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 | 239,582 | 268,659 | 263,810 | 256,124 | 252,651 | 241,711 | 238,535 | 231,681 | 223,383 | 218,589 | 203,428 | 188,759 | 178,637 | 167,947 | 157,517 | 132,744 | 118,362 | 112,885 | 107,065 | 112,534 |
| Revenue (ttm) | US$ in thousands | 313,901 | 341,224 | 332,942 | 326,243 | 322,415 | 310,186 | 305,924 | 294,719 | 284,391 | 279,348 | 261,654 | 242,920 | 230,472 | 217,469 | 206,198 | 179,025 | 163,460 | 156,345 | 148,319 | 152,789 |
| Gross profit margin | 76.32% | 78.73% | 79.24% | 78.51% | 78.36% | 77.92% | 77.97% | 78.61% | 78.55% | 78.25% | 77.75% | 77.70% | 77.51% | 77.23% | 76.39% | 74.15% | 72.41% | 72.20% | 72.19% | 73.65% |
December 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $239,582K ÷ $313,901K
= 76.32%
STAAR Surgical Company's gross profit margin has shown a generally increasing trend over the past few years, starting at 73.65% as of March 31, 2020, and peaking at 79.24% as of June 30, 2024. The company's gross profit margin reached its highest point in the second quarter of 2024 before declining slightly to 78.73% as of September 30, 2024, and then dropping further to 76.32% as of December 31, 2024.
Overall, the company has maintained a strong gross profit margin, consistently above 70% throughout the period. However, the slight decrease in the last two quarters of 2024 may indicate potential challenges in maintaining profitability or controlling production costs. It would be important to monitor future financial statements to assess whether this downward trend continues or if the company is able to improve its gross profit margin performance.
Peer comparison
Dec 31, 2024