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QuinStreet (QuinStreet) Gross Profit : $42.1 Mil (TTM As of Dec. 2023)


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What is QuinStreet Gross Profit?

QuinStreet's gross profit for the three months ended in Dec. 2023 was $6.9 Mil. QuinStreet's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $42.1 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. QuinStreet's gross profit for the three months ended in Dec. 2023 was $6.9 Mil. QuinStreet's Revenue for the three months ended in Dec. 2023 was $122.7 Mil. Therefore, QuinStreet's Gross Margin % for the quarter that ended in Dec. 2023 was 5.59%.

QuinStreet had a gross margin of 5.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage

During the past 13 years, the highest Gross Margin % of QuinStreet was 14.45%. The lowest was 7.67%. And the median was 10.69%.

Warning Sign:

QuinStreet Inc gross margin has been in long-term decline. The average rate of decline per year is -10.2%.


QuinStreet Gross Profit Historical Data

The historical data trend for QuinStreet'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.

QuinStreet Gross Profit Chart

QuinStreet Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 61.65 52.48 70.53 53.73 48.52

QuinStreet 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 8.54 17.04 10.60 7.65 6.85

Competitive Comparison of QuinStreet's Gross Profit

For the Advertising Agencies subindustry, QuinStreet'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.


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

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

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



QuinStreet Gross Profit Calculation

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

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

Gross Profit (A: Jun. 2023 )=Revenue - Cost of Goods Sold
=580.624 - 532.101
=48.5

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=122.683 - 115.83
=6.9

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 $42.1 Mil.

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

QuinStreet'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
=6.9 / 122.683
=5.59 %

* 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.


QuinStreet  (NAS:QNST) 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

QuinStreet had a gross margin of 5.59% for the quarter that ended in Dec. 2023 => No sustainable competitive advantage


QuinStreet Gross Profit Related Terms

Thank you for viewing the detailed overview of QuinStreet's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


QuinStreet (QuinStreet) Business Description

Traded in Other Exchanges
Address
950 Tower Lane, 6th Floor, Foster City, CA, USA, 94404
QuinStreet Inc focuses on serving clients in large, information-intensive industries, where the company has pioneered a broad range of Internet marketing tools. QuintStreet aims to partner with search engine companies by helping build websites with flexible content and offerings that are customizable according to the user base. It generates revenue by delivering measurable online marketing results to the clients. Its product offerings comprise a full range of performance marketing products: Clicks, Inquiries, Calls, Applications, and Full Customer Acquisitions.
Executives
Gregory Wong officer: CFO 950 TOWER LANE, 6TH FLOOR, FOSTER CITY CA 94404
Douglas Valenti director, 10 percent owner, officer: Chief Executive Officer C/O QUINSTREET, INC., 1051 EAST HILLSDALE BLVD., FOSTER CITY CA 94404
Asmau Ahmed director 315 RIVERSIDE DRIVE 1B, NEW YORK NY 10025
Hillary B Smith director C/O YEXT, INC, 61 NINTH AVENUE, NEW YORK NY 10011
David J Pauldine director 300 SIXTH AVE, 8TH FLOOR, PITTSBURGH PA 75222
James R. Simons director C/O SPLIT ROCK PARTNERS, 10400 VIKING DRIVE, SUITE 250, EDEN PRAIRIE MN 55344
Robin Josephs director
Anna Liao Fieler director 2036 STERLING AVE, MENLO PARK CA 94025
Andrew T Sheehan director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
Gregory P Sands director 755 PAGE MILL ROAD, SUITE A-200, PALO ALTO CA 94304-1005
John G Mcdonald director 601 UNION STREET, SUITE 3100, SEATTLE WA 98101-1374
Nina Bhanap officer: Chief Technology Officer C/O QUINSTREET, INC., 1051 EAST HILLSDALE BLVD., FOSTER CITY CA 94404
Matthew Glickman director 159 MELVILLE AVENUE, PALO ALTO CA 94301
Martin J Collins officer: SVP & General Counsel 4000 NORTH FIRST STREET, SAN JOSE CA 95134
Stuart Huizinga director 440 EAST MIDDLEFIELD ROAD, MOUNTAIN VIEW CA 94043