ViaSat Inc (VSAT)
Gross profit margin
| Mar 31, 2024 | Mar 31, 2023 | Mar 31, 2022 | Mar 31, 2021 | Mar 31, 2020 | ||
|---|---|---|---|---|---|---|
| Gross profit | US$ in thousands | 712,620 | 3,345,660 | 1,954,170 | 1,591,760 | 1,628,120 |
| Revenue | US$ in thousands | 2,907,980 | 4,186,140 | 2,711,450 | 2,183,980 | 2,224,980 |
| Gross profit margin | 24.51% | 79.92% | 72.07% | 72.88% | 73.17% |
March 31, 2024 calculation
Gross profit margin = Gross profit ÷ Revenue
= $712,620K ÷ $2,907,980K
= 24.51%
The gross profit margin of ViaSat Inc has shown a significant decrease from 79.92% in March 2023 to 24.51% in March 2024. This decline indicates that the company's cost of goods sold relative to its revenue has increased, leading to a lower percentage of revenue being captured as gross profit. Although the gross profit margin fluctuated in the preceding years, the latest figure is notably lower compared to historical levels. This trend suggests a potential decrease in operational efficiency or pricing pressures that may be impacting the company's profitability. Further analysis of the company's cost structure and revenue streams may be required to pinpoint the underlying reasons for this decline in gross profit margin.
Peer comparison
Mar 31, 2024