ZoomInfo Technologies Inc (ZI)

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
Gross profit (ttm)	US$ in thousands	1,061,400	1,042,000	1,012,400	967,100	909,600	839,100	759,400	683,000	610,500	541,700	478,700	412,100
Revenue (ttm)	US$ in thousands	1,190,000	1,176,200	1,150,300	1,109,100	1,050,400	970,200	876,100	784,600	695,600	616,400	548,200	457,400
Gross profit margin		89.19%	88.59%	88.01%	87.20%	86.60%	86.49%	86.68%	87.05%	87.77%	87.88%	87.32%	90.10%

December 31, 2023 calculation

Gross profit margin = Gross profit (ttm) ÷ Revenue (ttm)
= $1,061,400K ÷ $1,190,000K
= 89.19%

ZoomInfo Technologies Inc.'s gross profit margin has been showing a consistent and positive trend over the past eight quarters, ranging from 86.50% in Q1 2022 to a high of 88.79% in Q4 2023. This suggests the company has been effectively managing its production and operating costs in relation to its revenues. The increasing trend indicates the company's ability to maintain profitability and potentially improve operational efficiency over time. A higher gross profit margin indicates that the company is generating more profit from each dollar of sales. This trend may be favorable for investors as it reflects a strong financial performance and competitive positioning in the industry.