ViaSat Inc (VSAT)
Gross profit margin
| 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 | Sep 30, 2019 | Jun 30, 2019 | ||
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| Gross profit (ttm) | US$ in thousands | 1,765,251 | 3,254,211 | 3,010,795 | 2,899,135 | 2,907,014 | 1,283,179 | 1,347,411 | 2,007,379 | 2,022,578 | 1,975,253 | 1,866,454 | 1,746,914 | 1,646,603 | 1,646,594 | 1,650,593 | 1,685,328 | 1,682,974 | 1,677,454 | 1,663,402 | 1,599,910 |
| Revenue (ttm) | US$ in thousands | 3,756,260 | 5,200,065 | 4,847,760 | 3,764,300 | 3,050,177 | 1,374,196 | 1,445,805 | 2,085,266 | 2,735,121 | 2,640,110 | 2,493,483 | 2,342,710 | 2,207,130 | 2,197,468 | 2,208,737 | 2,246,965 | 2,245,419 | 2,218,315 | 2,179,165 | 2,099,849 |
| Gross profit margin | 46.99% | 62.58% | 62.11% | 77.02% | 95.31% | 93.38% | 93.19% | 96.26% | 73.95% | 74.82% | 74.85% | 74.57% | 74.60% | 74.93% | 74.73% | 75.00% | 74.95% | 75.62% | 76.33% | 76.19% |
March 31, 2024 calculation
Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,765,251K ÷ $3,756,260K
= 46.99%
ViaSat Inc's gross profit margin has shown some fluctuations over the reported periods. The trend indicates that the gross profit margin has generally been above 70%, with some quarters experiencing significantly higher margins, such as in March 2023 and December 2022 where the margin exceeded 90%. However, more recent quarters, such as March 2024 and December 2023, have seen a decline in the gross profit margin to below 65%.
These fluctuations may be attributed to various factors like changes in the cost of goods sold, pricing strategies, and revenue mix. It is essential for stakeholders to closely monitor the gross profit margin trend to assess the company's ability to manage production costs efficiently and maintain profitability. Further analysis and comparison with industry benchmarks could provide additional insights into the company's operational performance.
Peer comparison
Mar 31, 2024