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Immersion (Immersion) Gross Profit

: $33.92 Mil (TTM As of Dec. 2023)
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Immersion's gross profit for the three months ended in Dec. 2023 was $10.38 Mil. Immersion's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $33.92 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Immersion's gross profit for the three months ended in Dec. 2023 was $10.38 Mil. Immersion's Revenue for the three months ended in Dec. 2023 was $10.38 Mil. Therefore, Immersion's Gross Margin % for the quarter that ended in Dec. 2023 was N/A%.

Immersion had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Immersion was 99.99%. The lowest was 99.13%. And the median was 99.53%.


Immersion Gross Profit Historical Data

The historical data trend for Immersion'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.

Immersion Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 35.78 30.29 35.00 38.46 33.92

Immersion Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Profit 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 Premium Member Only Premium Member Only Premium Member Only 9.16 7.07 6.98 9.48 10.38

Competitive Comparison

For the Software - Application subindustry, Immersion'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.


Immersion Gross Profit Distribution

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

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



Immersion Gross Profit Calculation

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

Immersion's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as

Gross Profit (A: Dec. 2023 )=Revenue - Cost of Goods Sold
=33.919 - 0
=33.92

Immersion's Gross Profit for the quarter that ended in Dec. 2023 is calculated as

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=10.38 - 0
=10.38

Gross Profit for the trailing twelve months (TTM) ended in Dec. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was $33.92 Mil.

Gross Profit is the numerator in the calculation of Gross Margin. (Note that if there's no value for Cost of Goods Sold, then Gross Margin % is not calculated.)

Immersion's Gross Margin % for the quarter that ended in Dec. 2023 is calculated as

Gross Margin % (Q: Dec. 2023 )=Gross Profit (Q: Dec. 2023 ) / Revenue (Q: Dec. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=10.38 / 10.38
=N/A %

* 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.


Immersion  (NAS:IMMR) 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

Immersion had a gross margin of N/A% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Immersion Gross Profit Related Terms

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Immersion (Immersion) Business Description

Traded in Other Exchanges
Address
2999 N.E. 191st Street, Suite 610, Aventura, FL, USA, 33180
Immersion Corp is focused on the creation, design, development, and licensing of innovative haptic technologies that allow people to use its sense of touch more fully as they engage with products and experience the digital world. The company's software focuses on applications in mobile devices, wearables, consumer, and gaming devices markets. It generates revenue from royalty and license fees, and development contract and service fees. Geographically, the company generates a majority of its revenue from Korea.
Executives
Aaron Akerman officer: Chief Financial Officer C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
J Michael Dodson officer: Chief Financial Officer 1220 N. SIMON CIRCLE, ANAHEIM CA 92806
Emily Hoffman director 2999 N.E. 191ST STREET, SUITE 610, AVENTURA FL 33180
Francis Jose officer: General Counsel 385 RIVER OAKS PARKWAY, APT # 2106, SAN JOSE CA 95134
Eric Singer 10 percent owner 323 SUNNY ISLES BLVD., SUITE 700, SUNNY ISLES BEACH FL 33160
William C Martin officer: Chief Strategy Officer C/O RAGING CAPITAL MANAGEMENT, LLC, TEN PRINCETON AVENUE, PO BOX 228, ROCKY HILL NJ 08553
Childress Frederick Wasch director 330 TOWNSEND STREET, SUITE 234, SAN FRANCISCO CA 94107
Elias Nader director 1778 MCCARTHY BLVD., C/O SIGMA DESIGNS, INC., MILPITAS CA 95035
Sumit Agarwal director C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
Mary Dotz director 280 N BERNARDO AVENUE, MOUNTAIN VIEW CA 94043
Jared Smith officer: Interim CEO/VP Worldwide Sales C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
Viex Special Opportunities Fund Ii, Lp 10 percent owner C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Michael Rudolf Okada officer: General Counsel C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134
Viex Opportunities Fund, Lp Series One 10 percent owner C/O VIEX CAPITAL ADVISORS, LLC, 825 THIRD AVENUE, 33RD FLOOR, NEW YORK NY 10022
Sharon E Holt director C/O IMMERSION CORPORATION, 50 RIO ROBLES, SAN JOSE CA 95134