Sprint (Sprint) Gross Profit : $18,851 Mil (TTM As of Dec. 2019)

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What is Sprint Gross Profit?

Sprint's gross profit for the three months ended in Dec. 2019 was $4,515 Mil. Sprint's gross profit for the trailing twelve months (TTM) ended in Dec. 2019 was $18,851 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sprint's gross profit for the three months ended in Dec. 2019 was $4,515 Mil. Sprint's Revenue for the three months ended in Dec. 2019 was $8,080 Mil. Therefore, Sprint's Gross Margin % for the quarter that ended in Dec. 2019 was 55.88%.

Sprint had a gross margin of 55.88% for the quarter that ended in Dec. 2019 => Durable competitive advantage

Sprint Gross Profit Historical Data

The historical data trend for Sprint'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.

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Sprint Gross Profit Chart

Sprint Annual Data

Trend

Dec09

Dec10

Dec11

Dec12

Dec13

Mar15

Mar16

Mar17

Mar18

Mar19

Gross Profit

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15,563.00

16,625.00

17,928.00

19,003.00

20,211.00

Sprint Quarterly Data
	Mar15	Jun15	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19
Gross Profit	Get a 7-Day Free Trial															5,037.00	5,049.00	4,866.00	4,421.00	4,515.00

Competitive Comparison of Sprint's Gross Profit

For the Telecom Services subindustry, Sprint'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.

Sprint's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Sprint's Gross Profit distribution charts can be found below:

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

Sprint Gross Profit Calculation

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

Sprint's Gross Profit for the fiscal year that ended in Mar. 2019 is calculated as

Gross Profit (A: Mar. 2019 )	=	Revenue	-	Cost of Goods Sold
	=	33600	-	13389
	=	20,211

Sprint's Gross Profit for the quarter that ended in Dec. 2019 is calculated as

Gross Profit (Q: Dec. 2019 )	=	Revenue	-	Cost of Goods Sold
	=	8080	-	3565
	=	4,515

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $18,851 Mil.

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

Sprint's Gross Margin % for the quarter that ended in Dec. 2019 is calculated as

Gross Margin % (Q: Dec. 2019 )	=	Gross Profit (Q: Dec. 2019 )	/	Revenue (Q: Dec. 2019 )
	=	(Revenue - Cost of Goods Sold)	/	Revenue
	=	4,515	/	8080
	=	55.88 %

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.

Sprint (NYSE:S) 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

Sprint had a gross margin of 55.88% for the quarter that ended in Dec. 2019 => Durable competitive advantage

Sprint Gross Profit Related Terms

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Sprint (Sprint) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Telecommunication Services » Sprint Corp (NYSE:S) » Definitions » Gross Profit

Comparable Companies

Traded in Other Exchanges

N/A

Address

6200 Sprint Parkway, Overland Park, KS, USA, 66251

Website

https://www.sprint.com

A decade of operational problems has considerably diminished Sprint's position in the wireless industry. It is now the fourth- largest carrier in the United States, serving 26 million postpaid and 9 million prepaid phone customers directly and 13 million via wholesale channels. Over the past five years, the firm's share of the postpaid phone market has declined about 1 percentage point to 12%, leaving it about three fourths the size of T-Mobile U.S., the next smallest carrier. About 4% of sales come from the wireline unit, which provides phone and data services to the wireless unit and external customers. Japanese firm Softbank took a 78% stake in Sprint through the purchase of existing Sprint shares and a $5 billion equity infusion in 2013; it has since increased its stake to 85%.