TechTarget, Inc. Common Stock (TTGT)
Net profit margin
| Dec 31, 2024 | Dec 31, 2023 | Dec 31, 2022 | Dec 31, 2021 | Dec 31, 2020 | ||
|---|---|---|---|---|---|---|
| Net income | US$ in thousands | -116,863 | 4 | 41,609 | 949 | 17,068 |
| Revenue | US$ in thousands | 284,897 | 229,963 | 297,488 | 263,427 | 148,376 |
| Net profit margin | -41.02% | 0.00% | 13.99% | 0.36% | 11.50% |
December 31, 2024 calculation
Net profit margin = Net income ÷ Revenue
= $-116,863K ÷ $284,897K
= -41.02%
Based on the data provided, TechTarget, Inc. Common Stock's net profit margin has displayed significant fluctuations over the years. In December 31, 2020, the company's net profit margin stood at a healthy 11.50%. However, there was a sharp decline in profitability by the end of December 31, 2021, with the net profit margin plummeting to a mere 0.36%.
Despite this, TechTarget managed to substantially improve its profitability in December 31, 2022, as the net profit margin surged to 13.99%, showcasing a strong recovery in the company's earnings. However, it is noteworthy that the company experienced a drastic reduction in profitability by the end of December 31, 2023, with a net profit margin of 0.00%, signaling potential financial challenges or unusual circumstances in that period.
The absence of data for December 31, 2024, makes it challenging to provide a comprehensive analysis for that year. Overall, the company's net profit margin has shown volatility, indicating fluctuations in the company's profitability which may be influenced by various internal and external factors impacting its financial performance. Further analysis and examination of the company's financial statements and operating environment would be crucial in gaining a deeper understanding of the underlying reasons for these fluctuations.
Peer comparison
Dec 31, 2024