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InnerWorkings (InnerWorkings) Gross Profit : $244 Mil (TTM As of Jun. 2020)


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What is InnerWorkings Gross Profit?

InnerWorkings's gross profit for the three months ended in Jun. 2020 was $48 Mil. InnerWorkings's gross profit for the trailing twelve months (TTM) ended in Jun. 2020 was $244 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. InnerWorkings's gross profit for the three months ended in Jun. 2020 was $48 Mil. InnerWorkings's Revenue for the three months ended in Jun. 2020 was $203 Mil. Therefore, InnerWorkings's Gross Margin % for the quarter that ended in Jun. 2020 was 23.82%.

InnerWorkings had a gross margin of 23.82% for the quarter that ended in Jun. 2020 => Competition eroding margins


InnerWorkings Gross Profit Historical Data

The historical data trend for InnerWorkings'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.

InnerWorkings Gross Profit Chart

InnerWorkings 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 240.03 262.56 275.51 253.81 262.01

InnerWorkings Quarterly Data
Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20
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 68.40 68.17 63.58 63.44 48.42

Competitive Comparison of InnerWorkings's Gross Profit

For the Advertising Agencies subindustry, InnerWorkings'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.


InnerWorkings's Gross Profit Distribution in the Media - Diversified Industry

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

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



InnerWorkings Gross Profit Calculation

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

InnerWorkings's Gross Profit for the fiscal year that ended in Dec. 2019 is calculated as

Gross Profit (A: Dec. 2019 )=Revenue - Cost of Goods Sold
=1157.834 - 895.825
=262

InnerWorkings's Gross Profit for the quarter that ended in Jun. 2020 is calculated as

Gross Profit (Q: Jun. 2020 )=Revenue - Cost of Goods Sold
=203.311 - 154.89
=48

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2020 adds up the quarterly data reported by the company within the most recent 12 months, which was $244 Mil.

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

InnerWorkings's Gross Margin % for the quarter that ended in Jun. 2020 is calculated as

Gross Margin % (Q: Jun. 2020 )=Gross Profit (Q: Jun. 2020 ) / Revenue (Q: Jun. 2020 )
=(Revenue - Cost of Goods Sold) / Revenue
=48 / 203.311
=23.82 %

* 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.


InnerWorkings  (NAS:INWK) 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

InnerWorkings had a gross margin of 23.82% for the quarter that ended in Jun. 2020 => Competition eroding margins


InnerWorkings Gross Profit Related Terms

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InnerWorkings (InnerWorkings) Business Description

Traded in Other Exchanges
N/A
Address
203 North LaSalle Street, Suite 1800, Chicago, IL, USA, 60601
InnerWorkings Inc is a marketing supply-chain company that provides marketing solutions, such as advertising materials, branded merchandise, product packaging, and retail displays. The company has three geographical reportable segments namely North America, EMEA, and LATAM. It generates maximum revenue from North America segment. The company operates a software platform called VALO that enables customers to a source, produce, monitor, and analyze their marketing plan with the company.
Executives
Richard S Stoddart director, officer: President and CEO C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
Adan Pope officer: Chief Technology Officer 203 NORTH LASALLE CHICAGO IL 60601
Renae Chorzempa officer: Chief Human Resources Officer C/O INNERWORKINGS, INC. 600 WEST CHICAGO AVENUE CHICAGO IL 60654
Oren B. Azar officer: EVP and General Counsel 600 WEST CHICAGO AVE #850 CHICAGO IL 60654
Marc Zenner director 1000 LOUISIANA STREET, SUITE 3850, HOUSTON TX 77002
Ronald Provenzano officer: Head of Operations C/O INNERWORKINGS, INC. 600 W. CHICAGO AVE. #850 CHICAGO IL 60654
Lindsay Y Corby director 180 NORTH LASALLE STREET, SUITE 300, CHICAGO IL 60601
Charles K Bobrinskoy director C/O INNERWORKINGS, INC., 600 WEST CHICAGO AVENUE, SUITE 850, CHICAGO IL 60654
Donald W Pearson officer: Executive VP and CFO 425 N. MARTINGALE ROAD SUITE 2050 SCHAUMBURG IL 60173-2213
John Bosshart officer: Chief Accounting Officer 500 W. MADISON STREET, #1000, CHICAGO IL 60661
David Fisher director 39 SOUTH LASALLE STREET, SUITE 220, CHICAGO IL 60605
Julie Howard director MANPOWERGROUP INC., 100 MANPOWER PLACE, MILWAUKEE WI 53212
Adam J Gutstein director 875 N. MICHIGAN AVE. STE 3000 CHICAGO IL 60611
Jack M Greenberg director 333 WEST WACKER DR, CHICAGO IL 60606
Kirt P Karros director 12400 HIGH BLUFF DR. SUITE 600, SAN DIEGO CA 92130

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