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Changyou.com (Changyou.com) Gross Profit : $361.4 Mil (TTM As of Sep. 2019)


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What is Changyou.com Gross Profit?

Changyou.com's gross profit for the three months ended in Sep. 2019 was $86.2 Mil. Changyou.com's gross profit for the trailing twelve months (TTM) ended in Sep. 2019 was $361.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Changyou.com's gross profit for the three months ended in Sep. 2019 was $86.2 Mil. Changyou.com's Revenue for the three months ended in Sep. 2019 was $110.8 Mil. Therefore, Changyou.com's Gross Margin % for the quarter that ended in Sep. 2019 was 77.78%.

Changyou.com had a gross margin of 77.78% for the quarter that ended in Sep. 2019 => Durable competitive advantage


Changyou.com Gross Profit Historical Data

The historical data trend for Changyou.com'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.

Changyou.com Gross Profit Chart

Changyou.com Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 544.88 359.58 416.48 324.94 359.99

Changyou.com 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 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 77.20 88.03 86.56 86.21 100.62

Competitive Comparison of Changyou.com's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Changyou.com'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.


Changyou.com's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Changyou.com's Gross Profit distribution charts can be found below:

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



Changyou.com Gross Profit Calculation

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

Changyou.com's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )=Revenue - Cost of Goods Sold
=485.763 - 160.828
=324.9

Changyou.com's Gross Profit for the quarter that ended in Sep. 2019 is calculated as

Gross Profit (Q: Sep. 2019 )=Revenue - Cost of Goods Sold
=110.844 - 24.63
=86.2

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $361.4 Mil.

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

Changyou.com's Gross Margin % for the quarter that ended in Sep. 2019 is calculated as

Gross Margin % (Q: Sep. 2019 )=Gross Profit (Q: Sep. 2019 ) / Revenue (Q: Sep. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=86.2 / 110.844
=77.78 %

* 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.


Changyou.com  (NAS:CYOU) 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

Changyou.com had a gross margin of 77.78% for the quarter that ended in Sep. 2019 => Durable competitive advantage


Changyou.com Gross Profit Related Terms

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Changyou.com (Changyou.com) Business Description

Traded in Other Exchanges
N/A
Address
No. 65 Bajiao East Road, Changyou Building, Raycom Creative Industrial Park, Shijingshan District, Beijing, CHN, 100043
Changyou.com Ltd is an internet gaming company operational in China. Its main activities can be summed up as the development, operation and licensing of online games for personal computers and mobile devices. The company's reportable segments include Online Game, Platform Channel and Cinema Advertising. Its Online Game accounts for most of the company's revenue, which are realized through the sale of in-game virtual items, prepaid game cards, and game points. Platform Channel division is concerned with online advertising primarily through its 17173.com website. The Group provides clients advertising placements in slots that are shown in theaters before the screening of movies.