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Quotient Technology (Quotient Technology) Gross Profit : $132.4 Mil (TTM As of Jun. 2023)


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What is Quotient Technology Gross Profit?

Quotient Technology's gross profit for the three months ended in Jun. 2023 was $30.9 Mil. Quotient Technology's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was $132.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Quotient Technology's gross profit for the three months ended in Jun. 2023 was $30.9 Mil. Quotient Technology's Revenue for the three months ended in Jun. 2023 was $65.7 Mil. Therefore, Quotient Technology's Gross Margin % for the quarter that ended in Jun. 2023 was 47.07%.

Quotient Technology had a gross margin of 47.07% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 12 years, the highest Gross Margin % of Quotient Technology was 68.98%. The lowest was 36.21%. And the median was 51.50%.

Warning Sign:

Quotient Technology Inc gross margin has been in long-term decline. The average rate of decline per year is -5%.


Quotient Technology Gross Profit Historical Data

The historical data trend for Quotient Technology'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.

Quotient Technology Gross Profit Chart

Quotient Technology Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 180.73 172.55 167.97 188.82 133.89

Quotient Technology Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 Premium Member Only 31.98 33.57 38.96 28.90 30.93

Competitive Comparison of Quotient Technology's Gross Profit

For the Advertising Agencies subindustry, Quotient Technology'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.


Quotient Technology's Gross Profit Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Quotient Technology's Gross Profit distribution charts can be found below:

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



Quotient Technology Gross Profit Calculation

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

Quotient Technology's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=288.766 - 154.878
=133.9

Quotient Technology's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=65.706 - 34.778
=30.9

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $132.4 Mil.

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

Quotient Technology's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=30.9 / 65.706
=47.07 %

* 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.


Quotient Technology  (NYSE:QUOT) 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

Quotient Technology had a gross margin of 47.07% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Quotient Technology Gross Profit Related Terms

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Quotient Technology (Quotient Technology) Business Description

Traded in Other Exchanges
N/A
Address
1260 East Stringham Avenue, 6th Floor, Salt Lake, UT, USA, 84106
Quotient Technology Inc is a promotions and media technology company that delivers targeted digital promotions and media for advertisers and retailers to reach consumers and drive action. Using the company's platforms and suite of omnichannel solutions, advertisers can plan, target, deliver and measure performance marketing and brand marketing to impact sales. The Company's network includes the digital properties of retail partners, non-retail publisher partners and CPG customers, social media platforms, its consumer brand, Shopmium, and its digital out-of-home properties. This network provides the Company with proprietary and licensed data, including retailers' in-store point-of-sale shopper data, first-party consumer behavior and purchase intent data, and location intelligence.
Executives
Kathryn White Vanek director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Robert A Mcdonald director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Tracey Elizabeth Figurelli director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Michael H Wargotz director AXCESS WORLDWIDE, 515 MADISON AVE., 15TH FLOOR, NEW YORK NY 10022
Kimberly Anstett director 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Joseph E Reece director ONE VALERO WAY, BUILDING D, SUITE 200, SAN ANTONIO TX 78249
Yuneeb Ullah Khan officer: CFO & COO 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Matthew Krepsik director, officer: Chief Executive Officer 400 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Andrew J Gessow director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Scott David Raskin officer: President QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
John Peter Kellerman officer: Interim CFO 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Matthew John O'grady director 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Lorraine Hariton director C/O QUOTIENT TECHNOLOGY INC, 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Alison Tattersall Hawkins director 400 LOGUE AVENUE, MOUNTAIN VIEW CA 94043
Eric Domingo Higgs director 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106