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VIZIO Holding (VIZIO Holding) Gross Profit : $362 Mil (TTM As of Mar. 2024)


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What is VIZIO Holding Gross Profit?

VIZIO Holding's gross profit for the three months ended in Mar. 2024 was $81 Mil. VIZIO Holding's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $362 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. VIZIO Holding's gross profit for the three months ended in Mar. 2024 was $81 Mil. VIZIO Holding's Revenue for the three months ended in Mar. 2024 was $354 Mil. Therefore, VIZIO Holding's Gross Margin % for the quarter that ended in Mar. 2024 was 22.92%.

VIZIO Holding had a gross margin of 22.92% for the quarter that ended in Mar. 2024 => Competition eroding margins

During the past 6 years, the highest Gross Margin % of VIZIO Holding was 21.58%. The lowest was 6.19%. And the median was 14.94%.


VIZIO Holding Gross Profit Historical Data

The historical data trend for VIZIO Holding's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

VIZIO Holding Gross Profit Chart

VIZIO Holding Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial 165.20 296.40 326.30 312.50 356.30

VIZIO Holding Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 75.40 86.10 96.50 98.20 81.10

Competitive Comparison of VIZIO Holding's Gross Profit

For the Consumer Electronics subindustry, VIZIO Holding's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


VIZIO Holding's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, VIZIO Holding's Gross Profit distribution charts can be found below:

* The bar in red indicates where VIZIO Holding's Gross Profit falls into.



VIZIO Holding Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

VIZIO Holding's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=1680 - 1323.7
=356

VIZIO Holding's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=353.9 - 272.8
=81

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $362 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

VIZIO Holding's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=81 / 353.9
=22.92 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


VIZIO Holding  (NYSE:VZIO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

VIZIO Holding had a gross margin of 22.92% for the quarter that ended in Mar. 2024 => Competition eroding margins


VIZIO Holding Gross Profit Related Terms

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VIZIO Holding (VIZIO Holding) Business Description

Traded in Other Exchanges
Address
39 Tesla, Irvine, CA, USA, 92618
VIZIO Holding Corp operates two distinct integrated businesses: Device and Platform+. Through Device business, it offers a range of high-performance Smart TVs designed to address specific consumer preferences, as well as a portfolio of soundbars that deliver immersive audio experiences. It generates revenue from the shipment of these devices to retailers and distributors across the United States, as well as directly to consumers through the website. The Platform+ business includes the Smart TV operating system, SmartCast, which delivers a vast amount of content and applications through an easy-to-use interface.
Executives
Michael Joseph O'donnell officer: See Remarks C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Adam R. Townsend officer: Chief Financial Officer C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
Rajendra M Mohan director 1600 HARBOR BAY PARKWAY STE 200, C/O GOOD GUYS INC, ALAMEDA CA 94502
Amtran Technology Co. Ltd. 10 percent owner 17F, NO. 268, LIAN CHEN RD., JHONGHE DISTRICT, NEW TAIPEI CITY F5 235
Julia S Gouw director 415 HUNTINGTON DRIVE, SAN MARINO CA 91108
Ben Bun Wong officer: President and COO C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
William Wei Wang director, 10 percent owner, officer: Chief Executive Officer C/O VIZIO HOLDINGS, INC., 39 TESLA, IRVINE CA 92618
V-tw Holdings, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
David Eugene Russell director C/O VIZIO HOLDING CORP., 39 TESLA, IRVINE CA 92618
William T Baxter officer: Chief Technology Officer C/O BSQUARE CORP, 3150 139TH AVENUE SE STE 500, BELLEVUE WA 98005
Vicky Free director 485 SPRINGFIELD AVENUE #8, SUMMIT NJ 07901
Theodore W Waitt 10 percent owner 801 RIVER DRIVE, NORTH SIOUX CITY SD 57049
Avalon Capital Group Ii, Llc 10 percent owner 801 RIVER DRIVE, PO BOX 1397, NORTH SIOUX CITY SD 57049
Q-run Holdings Ltd 10 percent owner NO.66-1,ZHONGSHAN ROAD,TUCHENG DISTRICT, NEW TAIPEI F5 236401
Foxconn Assembly Holding Corp 10 percent owner NO.2, ZIYOU STREET, TUCHENG DISTRICT, NEW TAIPEI CITY F5 236401