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Sierra Wireless (Sierra Wireless) Gross Profit : $223.6 Mil (TTM As of Sep. 2022)


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What is Sierra Wireless Gross Profit?

Sierra Wireless's gross profit for the three months ended in Sep. 2022 was $56.6 Mil. Sierra Wireless's gross profit for the trailing twelve months (TTM) ended in Sep. 2022 was $223.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Sierra Wireless's gross profit for the three months ended in Sep. 2022 was $56.6 Mil. Sierra Wireless's Revenue for the three months ended in Sep. 2022 was $166.1 Mil. Therefore, Sierra Wireless's Gross Margin % for the quarter that ended in Sep. 2022 was 34.10%.

Sierra Wireless had a gross margin of 34.10% for the quarter that ended in Sep. 2022 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Sierra Wireless was 36.09%. The lowest was 31.53%. And the median was 33.24%.


Sierra Wireless Gross Profit Historical Data

The historical data trend for Sierra Wireless'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.

Sierra Wireless Gross Profit Chart

Sierra Wireless Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 234.24 264.57 197.49 158.75 156.80

Sierra Wireless Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
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 24.15 48.69 55.06 63.18 56.62

Competitive Comparison of Sierra Wireless's Gross Profit

For the Communication Equipment subindustry, Sierra Wireless'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.


Sierra Wireless's Gross Profit Distribution in the Hardware Industry

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

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



Sierra Wireless Gross Profit Calculation

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

Sierra Wireless's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )=Revenue - Cost of Goods Sold
=473.209 - 316.41
=156.8

Sierra Wireless's Gross Profit for the quarter that ended in Sep. 2022 is calculated as

Gross Profit (Q: Sep. 2022 )=Revenue - Cost of Goods Sold
=166.056 - 109.437
=56.6

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $223.6 Mil.

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

Sierra Wireless's Gross Margin % for the quarter that ended in Sep. 2022 is calculated as

Gross Margin % (Q: Sep. 2022 )=Gross Profit (Q: Sep. 2022 ) / Revenue (Q: Sep. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=56.6 / 166.056
=34.10 %

* 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.


Sierra Wireless  (NAS:SWIR) 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

Sierra Wireless had a gross margin of 34.10% for the quarter that ended in Sep. 2022 => Competition eroding margins


Sierra Wireless Gross Profit Related Terms

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Sierra Wireless (Sierra Wireless) Business Description

Traded in Other Exchanges
N/A
Address
13811 Wireless Way, Richmond, BC, CAN, V6V 3A4
Sierra Wireless Inc is a wireless communication equipment designer and provider of Device-To-Cloud Internet-of-Things solutions. The company's product and services portfolio contain products such as high-speed cellular modules and services such as connectivity services, cloud platforms, and cellular gateways, among others. It operates through two business segments: Internet of Things solutions and Embedded broadband. The vast majority of revenue comes from the company's embedded broadband segment, and more than half of its revenue is earned in the Americas and Asia-Pacific region.