TechTarget, Inc. Common Stock (TTGT)
Net 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Net income (ttm) | US$ in thousands | -12,093 | -8,635 | -7,272 | 4,461 | 13,251 | 26,350 | 36,090 | 41,609 | 18,455 | 13,598 | 6,303 | 949 | 20,220 | 17,018 | 16,671 | 17,068 | 17,845 | 16,414 | 15,792 | 16,875 |
| Revenue (ttm) | US$ in thousands | 226,314 | 224,970 | 224,485 | 229,963 | 245,706 | 265,990 | 286,437 | 297,488 | 301,449 | 293,788 | 278,623 | 263,427 | 232,352 | 198,845 | 169,930 | 148,377 | 138,346 | 135,911 | 135,401 | 133,957 |
| Net profit margin | -5.34% | -3.84% | -3.24% | 1.94% | 5.39% | 9.91% | 12.60% | 13.99% | 6.12% | 4.63% | 2.26% | 0.36% | 8.70% | 8.56% | 9.81% | 11.50% | 12.90% | 12.08% | 11.66% | 12.60% |
September 30, 2024 calculation
Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $-12,093K ÷ $226,314K
= -5.34%
The net profit margin of TechTarget, Inc. Common Stock has shown fluctuations over the analyzed periods. Starting at 12.60% in December 2019, it hovered around this level for a while, dipping slightly to 11.66% in March 2020, before increasing to 12.90% by September 2020. However, there was a notable decrease to 9.81% by March 2021 and a further decline to 8.56% by June 2021. The margin remained relatively stable around this level until December 2021, where there was a significant drop to 0.36%, indicating a sharp decline in profitability.
Subsequently, there was a recovery trend, with the net profit margin gradually increasing to 13.99% by December 2022, indicating a strong performance in terms of profitability. However, this improvement was short-lived as the margin decreased to 5.39% by September 2023 and further dropped to 1.94% by December 2023. The trend reversed into negative figures in the following periods, with the net profit margin at -3.24% by March 2024, -3.84% by June 2024, and -5.34% by September 2024.
Overall, the net profit margin of TechTarget, Inc. Common Stock experienced fluctuations and a downward trajectory in recent periods, indicating challenges in maintaining profitability and operational efficiency. It is crucial for the company to closely monitor its cost structure and revenue generation strategies to improve its profitability in the future.
Peer comparison
Sep 30, 2024