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Netlist (Netlist) Gross Profit : $2.39 Mil (TTM As of Dec. 2023)


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What is Netlist Gross Profit?

Netlist's gross profit for the three months ended in Dec. 2023 was $1.15 Mil. Netlist's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $2.39 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Netlist's gross profit for the three months ended in Dec. 2023 was $1.15 Mil. Netlist's Revenue for the three months ended in Dec. 2023 was $33.43 Mil. Therefore, Netlist's Gross Margin % for the quarter that ended in Dec. 2023 was 3.45%.

Netlist had a gross margin of 3.45% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of Netlist was 37.63%. The lowest was 3.46%. And the median was 12.05%.

Warning Sign:

Netlist Inc gross margin has been in long-term decline. The average rate of decline per year is -9.3%.


Netlist Gross Profit Historical Data

The historical data trend for Netlist'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.

Netlist Gross Profit Chart

Netlist Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.57 6.73 48.90 11.89 2.39

Netlist Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.60 0.56 0.24 0.44 1.15

Competitive Comparison of Netlist's Gross Profit

For the Semiconductors subindustry, Netlist'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.


Netlist's Gross Profit Distribution in the Semiconductors Industry

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

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



Netlist Gross Profit Calculation

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

Netlist'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
=69.205 - 66.812
=2.39

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=33.433 - 32.279
=1.15

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 $2.39 Mil.

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

Netlist'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
=1.15 / 33.433
=3.45 %

* 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.


Netlist  (OTCPK:NLST) 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

Netlist had a gross margin of 3.45% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


Netlist Gross Profit Related Terms

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Netlist (Netlist) Business Description

Traded in Other Exchanges
Address
111 Academy, Suite 100, Irvine, CA, USA, 92617
Netlist Inc is involved in the business of designing and manufacturing modular memory subsystems and also cloud service providers. Its products include Storage class memory, nonvolatile memory, specialty DIMMs and embedded flash. The company's products are based on its proprietary technologies such as Presight technology, Distributed buffer architecture, IC design, PCB designs, Thermal management designs.
Executives
Gail Misako Itow officer: Vice President and CFO C/O NETLIST, INC., 51 DISCOVERY, STE 150, IRVINE CA 92618
Chun K Hong director, 10 percent owner, officer: President,CEO & Chairman C/O NETLIST, INC., 51 DISCOVERY, STE 150, IRVINE CA 92618
Kiho Choi director 3435 WILSHIRE BLVD., SUITE 2240, LOS ANGELES CA 90010
Jeff Benck director BENCHMARK ELECTRONICS, INC., 56 SOUTH ROCKFORD DRIVE, TEMPE AZ 85281
Vince Sheeran director 175 TECHNOLOGY DRIVE, IRVINE CA 92618
Jun Cho director C/O NETLIST, INC., 475 GODDARD, IRVINE CA 92618
Blake Welcher director 5220 LAS VIRGENES ROAD, CALABASAS CA 91302
Charles F Cargile director C/O SUNWORKS, INC., 1010 WINDING CREEK ROAD, SUITE 100, ROSEVILLE CA 95678
Hk Desai director 26650 ALISO VIEJO PARKWAY, ALISO VIEJO CA 92656
Claude M Leglise director 875 MAHLER RD, STE 280, BURLINGAME CA 94010
Richard Char director 45 WEST 36TH STREET, NEW YORK NY 10018
Thomas F Lagatta director MARVELL SEMICONDUCTOR, INC., 5488 MARVELL LANE, SANTA CLARA CA 95054
Alan H Portnoy director C/O NETLIST, INC., 475 GODDARD, IRVINE CA 92618
Nam Ki Hong director C/O NETLIST, INC., 475 GODDARD, IRVINE CA 92618
James Patrick Perrott officer: SVP of Sales and Marketing 51 DISCOVERY, IRVINE CA 92618