Vicor Corporation (VICR)
Gross 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 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 204,929 | 206,724 | 197,816 | 189,492 | 180,559 | 172,236 | 168,079 | 171,101 | 178,200 | 177,835 | 168,369 | 148,816 | 131,447 | 120,757 | 120,412 | 119,211 | 122,966 | 127,078 | 133,080 | 139,846 |
| Revenue (ttm) | US$ in thousands | 413,907 | 420,379 | 415,653 | 411,092 | 401,558 | 744,011 | 725,804 | 718,994 | 719,508 | 353,979 | 347,180 | 322,565 | 297,170 | 275,993 | 268,669 | 261,279 | 263,414 | 274,009 | 281,058 | 291,685 |
| Gross profit margin | 49.51% | 49.18% | 47.59% | 46.09% | 44.96% | 23.15% | 23.16% | 23.80% | 24.77% | 50.24% | 48.50% | 46.14% | 44.23% | 43.75% | 44.82% | 45.63% | 46.68% | 46.38% | 47.35% | 47.94% |
December 31, 2023 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $204,929K ÷ $413,907K
= 49.51%
The gross profit margin of Vicor Corp. has shown a consistent upward trend over the past eight quarters. Starting at 45.24% in Q4 2022, the margin has steadily increased to reach 50.59% in Q4 2023. This indicates that the company has been able to effectively manage its production costs and generate a higher margin on sales during this period. The improvement in gross profit margin suggests that Vicor Corp. may have enhanced its pricing strategies, negotiated better terms with suppliers, or improved operational efficiencies. Overall, the increasing trend in gross profit margin reflects positively on the company's profitability and financial performance.
Peer comparison
Dec 31, 2023