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Silicon Laboratories (Silicon Laboratories) Gross Profit : $361.8 Mil (TTM As of Mar. 2024)


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What is Silicon Laboratories Gross Profit?

Silicon Laboratories's gross profit for the three months ended in Mar. 2024 was $55.1 Mil. Silicon Laboratories's gross profit for the trailing twelve months (TTM) ended in Mar. 2024 was $361.8 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Silicon Laboratories's gross profit for the three months ended in Mar. 2024 was $55.1 Mil. Silicon Laboratories's Revenue for the three months ended in Mar. 2024 was $106.4 Mil. Therefore, Silicon Laboratories's Gross Margin % for the quarter that ended in Mar. 2024 was 51.77%.

Silicon Laboratories had a gross margin of 51.77% for the quarter that ended in Mar. 2024 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Silicon Laboratories was 62.74%. The lowest was 56.37%. And the median was 59.11%.


Silicon Laboratories Gross Profit Historical Data

The historical data trend for Silicon Laboratories'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.

Silicon Laboratories Gross Profit Chart

Silicon Laboratories 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 280.21 294.85 425.39 642.56 460.59

Silicon Laboratories Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 153.86 143.78 119.03 43.93 55.07

Competitive Comparison of Silicon Laboratories's Gross Profit

For the Semiconductors subindustry, Silicon Laboratories'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.


Silicon Laboratories's Gross Profit Distribution in the Semiconductors Industry

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

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



Silicon Laboratories Gross Profit Calculation

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

Silicon Laboratories'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
=782.258 - 321.672
=460.6

Silicon Laboratories's Gross Profit for the quarter that ended in Mar. 2024 is calculated as

Gross Profit (Q: Mar. 2024 )=Revenue - Cost of Goods Sold
=106.375 - 51.306
=55.1

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $361.8 Mil.

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

Silicon Laboratories's Gross Margin % for the quarter that ended in Mar. 2024 is calculated as

Gross Margin % (Q: Mar. 2024 )=Gross Profit (Q: Mar. 2024 ) / Revenue (Q: Mar. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=55.1 / 106.375
=51.77 %

* 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.


Silicon Laboratories  (NAS:SLAB) 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

Silicon Laboratories had a gross margin of 51.77% for the quarter that ended in Mar. 2024 => Durable competitive advantage


Silicon Laboratories Gross Profit Related Terms

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Silicon Laboratories (Silicon Laboratories) Business Description

Traded in Other Exchanges
Address
400 West Cesar Chavez, Austin, TX, USA, 78701
Silicon Laboratories Inc develops semiconductors, software, and system solutions for the "Internet of Things," Internet infrastructure, industrial control, consumer, and automotive markets. The company operates through one segment, mixed-signal analog intensive products, consisting of diverse product areas, which the company groups into four categories: Internet of Things, broadcast, infrastructure and access. The Internet of Things category is the largest contributor to the company's total revenue. Geographically, the company operates in the United States, China, Taiwan, and the Rest of world.
Executives
Robert Matthew Johnson officer: SR VP & GM, IOT 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Christy Wyatt director C/O QUOTIENT TECHNOLOGY INC., 1260 EAST STRINGHAM AVENUE, SUITE 600, SALT LAKE CITY UT 84106
Nina Richardson director C/O SILICON LABORATORIES, 400 W CESAR CHAVEZ, AUSTIN TX 78701
William G Bock director, officer: President 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Robert J Conrad director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Brandon Tolany officer: Sr VP of Worldwide Sales 400 WEST CESAR CHAVEZ STREET, AUSTIN TX 78701
Sherri R Luther director 111 SW FIFTH AVE SUITE 700, PORTLAND OR 97204
Navdeep S Sooch director 400 W CESAR CHAVEZ, AUSTIN TX 78701
Jack R Lazar director 400 W. CESAR CHAVEZ, ATTN: STOCK ADMINISTRATION, AUSTIN TX 78701
Sumit Sadana director 47544 AVALON HEIGHTS TERRACE, FREMONT CA 94539
Mark D Mauldin officer: CHIEF ACCOUNTING OFFICER 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Daniel Mark Thompson officer: SR VP & GM, INFRA & Automotive 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
John C Hollister officer: Sr VP and CFO 400 W CESAR CHAVEZ, AUSTIN TX 78701
George Tyson Tuttle director, officer: CEO 400 WEST CESAR CHAVEZ, AUSTIN TX 78701
Sandeep P Kumar officer: SVP, Worldwide Operations 400 W CESAR CHAVEZ, AUSTIN TX 78701