TechTarget, Inc. Common Stock (TTGT)
Gross profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | — | 154 | 219,000 | 192,219 | 111,032 |
| Revenue | US$ in thousands | — | 229,963 | 297,488 | 263,427 | 148,376 |
| Gross profit margin | — | 0.07% | 73.62% | 72.97% | 74.83% |
December 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $—K ÷ $—K
= —
TechTarget, Inc. Common Stock's gross profit margin has shown a generally positive trend over the years, starting at 74.83% in December 2020, decreasing slightly to 72.97% by December 2021, and then recovering to 73.62% by December 2022. However, there was a significant drop to 0.07% by December 2023, which is a cause for concern as it indicates a substantial decrease in profitability. The absence of data for December 31, 2024, makes it challenging to assess the current situation accurately. It is recommended that the company investigates the sharp decline in gross profit margin in 2023 and takes appropriate measures to address any underlying issues impacting profitability.
Peer comparison
Dec 31, 2024