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Xperi (XPER) Gross Profit : $402.7 Mil (TTM As of Dec. 2023)


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What is Xperi Gross Profit?

Xperi's gross profit for the three months ended in Dec. 2023 was $103.7 Mil. Xperi's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $402.7 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Xperi's gross profit for the three months ended in Dec. 2023 was $103.7 Mil. Xperi's Revenue for the three months ended in Dec. 2023 was $137.2 Mil. Therefore, Xperi's Gross Margin % for the quarter that ended in Dec. 2023 was 75.54%.

Xperi had a gross margin of 75.54% for the quarter that ended in Dec. 2023 => Durable competitive advantage

During the past 4 years, the highest Gross Margin % of Xperi was 79.32%. The lowest was 74.18%. And the median was 76.39%.


Xperi Gross Profit Historical Data

The historical data trend for Xperi'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.

Xperi Gross Profit Chart

Xperi Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Gross Profit
298.31 360.86 379.31 402.71

Xperi Quarterly Data
Dec20 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 98.28 99.05 96.02 103.98 103.67

Competitive Comparison of Xperi's Gross Profit

For the Software - Application subindustry, Xperi'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.


Xperi's Gross Profit Distribution in the Software Industry

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

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



Xperi Gross Profit Calculation

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

Xperi'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
=521.334 - 118.628
=402.7

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=137.233 - 33.567
=103.7

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 $402.7 Mil.

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

Xperi'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
=103.7 / 137.233
=75.54 %

* 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.


Xperi  (NYSE:XPER) 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

Xperi had a gross margin of 75.54% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Xperi Gross Profit Related Terms

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Xperi (XPER) Business Description

Traded in Other Exchanges
N/A
Address
2190 Gold Street, San Jose, CA, USA, 95002
Xperi Inc invents, develops, and delivers technologies that enable experiences. In the home, in the car, and on the go, it manages content and connections. Its offering comprises a portfolio of software and services. Its business is divided into four categories based on the products delivered and customers served: Pay-TV, Consumer Electronics, Connected Car, and Platform Solutions.
Executives
David C Habiger director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Laura Durr director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Christopher A Seams director C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Darcy Antonellis director 3900 DALLAS PKWY, SUITE 500, PLANO TX 75093
Robert J Andersen officer: Chief Financial Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Rebecca Marquez officer: See Remarks C/O XPERI INC., SAN JOSE CA 95002
Jon Kirchner director, officer: CEO & President C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Matthew Milne officer: Chief Revenue Officer C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Geir Skaaden officer: Chief Products & Services Off. C/O XPERI HOLDING CORPORATION, 3025 ORCHARD PARKWAY, SAN JOSE CA 95134
Xperi Holding Corp 10 percent owner 3025 ORCHARD PARKWAY, SAN JOSE CA 95134