TechTarget Inc (TTGT)

Net profit margin

		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	Sep 30, 2019	Jun 30, 2019	Mar 31, 2019
Net income (ttm)	US$ in thousands	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	15,464	13,882	14,151
Revenue (ttm)	US$ in thousands	246,651	261,716	274,067	290,615	298,349	277,902	270,151	255,484	240,152	231,041	197,824	169,385	148,059	138,065	135,130	134,377	133,265	128,516	125,496	122,291
Net profit margin		1.81%	5.06%	9.61%	12.42%	13.95%	6.64%	5.03%	2.47%	0.40%	8.75%	8.60%	9.84%	11.53%	12.93%	12.15%	11.75%	12.66%	12.03%	11.06%	11.57%

December 31, 2023 calculation

Net profit margin = Net income (ttm) ÷ Revenue (ttm)
= $4,461K ÷ $246,651K
= 1.81%

Techtarget Inc.'s net profit margin has displayed fluctuations over the past eight quarters. The trend shows a decline from Q4 2022 to Q2 2023, indicating a gradual decrease in net profit margin over this period. However, there was a significant improvement in Q3 2023 before dropping again in Q4 2023. The highest net profit margin was observed in Q1 2023 at 12.60%, while the lowest was in Q4 2023 at 1.94%. Overall, the net profit margin of Techtarget Inc. has shown some variability, suggesting fluctuations in the company's profitability over the analyzed period. Further analysis and context are needed to determine the factors influencing these fluctuations and the company's overall financial performance.