Skyworks Solutions Inc (SWKS)

Gross profit margin

		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	Dec 31, 2019
Gross profit (ttm)	US$ in thousands	1,720,800	1,769,100	1,869,100	1,976,200	2,107,300	2,297,800	2,417,000	2,527,200	2,604,200	2,549,300	2,524,600	2,465,400	2,512,400	2,357,600	2,133,100	1,930,300	1,612,900	1,560,000	1,538,400	1,563,000
Revenue (ttm)	US$ in thousands	4,178,000	4,371,800	4,537,500	4,644,600	4,772,400	4,912,600	5,074,000	5,256,500	5,437,600	5,376,100	5,259,900	5,096,100	5,095,700	4,755,000	4,375,400	3,969,700	3,355,800	3,226,400	3,256,600	3,300,900
Gross profit margin		41.19%	40.47%	41.19%	42.55%	44.16%	46.77%	47.64%	48.08%	47.89%	47.42%	48.00%	48.38%	49.30%	49.58%	48.75%	48.63%	48.06%	48.35%	47.24%	47.35%

September 30, 2024 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,720,800K ÷ $4,178,000K
= 41.19%

The gross profit margin of Skyworks Solutions Inc has shown variability over the past several quarters. It has ranged from a high of 49.58% in June 2021 to a low of 40.47% in June 2024. The trend indicates a general decline in the gross profit margin over the periods reviewed.

A gross profit margin of 41.19% in September 2024 signals that the company retains approximately 41.19% of its revenue after deducting the cost of goods sold to cover operating expenses and generate a profit. This percentage indicates the efficiency of Skyworks Solutions Inc in managing its production costs and pricing strategies.

The declining trend in the gross profit margin may imply challenges in achieving cost savings or in effectively pricing its products to maintain profitability. Investors and stakeholders may want to monitor this trend to assess the company's ability to sustain its profitability in the long term.