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QAD (QADB) Gross Profit : $196.8 Mil (TTM As of Jul. 2021)


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What is QAD Gross Profit?

QAD's gross profit for the three months ended in Jul. 2021 was $50.6 Mil. QAD's gross profit for the trailing twelve months (TTM) ended in Jul. 2021 was $196.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. QAD's gross profit for the three months ended in Jul. 2021 was $50.6 Mil. QAD's Revenue for the three months ended in Jul. 2021 was $84.8 Mil. Therefore, QAD's Gross Margin % for the quarter that ended in Jul. 2021 was 59.58%.

QAD had a gross margin of 59.58% for the quarter that ended in Jul. 2021 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of QAD was 60.12%. The lowest was 51.01%. And the median was 55.19%.


QAD Gross Profit Historical Data

The historical data trend for QAD'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.

QAD Gross Profit Chart

QAD Annual Data
Trend Jan12 Jan13 Jan14 Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 147.12 155.59 177.13 170.86 182.49

QAD Quarterly Data
Oct16 Jan17 Apr17 Jul17 Oct17 Jan18 Apr18 Jul18 Oct18 Jan19 Apr19 Jul19 Oct19 Jan20 Apr20 Jul20 Oct20 Jan21 Apr21 Jul21
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 43.26 46.01 51.51 48.78 50.55

Competitive Comparison of QAD's Gross Profit

For the Software - Application subindustry, QAD'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.


QAD's Gross Profit Distribution in the Software Industry

For the Software industry and Technology sector, QAD's Gross Profit distribution charts can be found below:

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



QAD Gross Profit Calculation

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

QAD's Gross Profit for the fiscal year that ended in Jan. 2021 is calculated as

Gross Profit (A: Jan. 2021 )=Revenue - Cost of Goods Sold
=307.865 - 125.372
=182.5

QAD's Gross Profit for the quarter that ended in Jul. 2021 is calculated as

Gross Profit (Q: Jul. 2021 )=Revenue - Cost of Goods Sold
=84.839 - 34.289
=50.6

Gross Profit for the trailing twelve months (TTM) ended in Jul. 2021 adds up the quarterly data reported by the company within the most recent 12 months, which was $196.8 Mil.

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

QAD's Gross Margin % for the quarter that ended in Jul. 2021 is calculated as

Gross Margin % (Q: Jul. 2021 )=Gross Profit (Q: Jul. 2021 ) / Revenue (Q: Jul. 2021 )
=(Revenue - Cost of Goods Sold) / Revenue
=50.6 / 84.839
=59.58 %

* 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.


QAD  (NAS:QADB) 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

QAD had a gross margin of 59.58% for the quarter that ended in Jul. 2021 => Durable competitive advantage


QAD Gross Profit Related Terms

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QAD (QADB) Business Description

Traded in Other Exchanges
N/A
Address
100 Innovation Place, Santa Barbara, CA, USA, 93108
QAD Inc is a leading provider of flexible, cloud-based and on-premise enterprise software and services for global manufacturing companies across automotive, life sciences, consumer products, food and beverage, and industrial markets. The firm operates primarily in the following geographic regions: North America, Latin America, EMEA and the Asia Pacific. The company derives revenue from licensing software solutions, subscriptions to its cloud offerings, and maintenance fees.

QAD (QADB) Headlines

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