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Activision Blizzard (XTER:AIY) Gross Profit : €5,819 Mil (TTM As of Jun. 2023)


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What is Activision Blizzard Gross Profit?

Activision Blizzard's gross profit for the three months ended in Jun. 2023 was €1,432 Mil. Activision Blizzard's gross profit for the trailing twelve months (TTM) ended in Jun. 2023 was €5,819 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Activision Blizzard's gross profit for the three months ended in Jun. 2023 was €1,432 Mil. Activision Blizzard's Revenue for the three months ended in Jun. 2023 was €2,037 Mil. Therefore, Activision Blizzard's Gross Margin % for the quarter that ended in Jun. 2023 was 70.28%.

Activision Blizzard had a gross margin of 70.28% for the quarter that ended in Jun. 2023 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Activision Blizzard was 73.68%. The lowest was 63.77%. And the median was 66.52%.


Activision Blizzard Gross Profit Historical Data

The historical data trend for Activision Blizzard'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.

Activision Blizzard Gross Profit Chart

Activision Blizzard Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4,380.06 3,955.50 4,788.97 5,740.11 5,008.86

Activision Blizzard Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
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 1,096.41 1,292.80 1,489.63 1,604.61 1,431.57

Competitive Comparison of Activision Blizzard's Gross Profit

For the Electronic Gaming & Multimedia subindustry, Activision Blizzard'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.


Activision Blizzard's Gross Profit Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Activision Blizzard's Gross Profit distribution charts can be found below:

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



Activision Blizzard Gross Profit Calculation

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

Activision Blizzard's Gross Profit for the fiscal year that ended in Dec. 2022 is calculated as

Gross Profit (A: Dec. 2022 )=Revenue - Cost of Goods Sold
=7106.432 - 2097.568
=5,009

Activision Blizzard's Gross Profit for the quarter that ended in Jun. 2023 is calculated as

Gross Profit (Q: Jun. 2023 )=Revenue - Cost of Goods Sold
=2037.061 - 605.488
=1,432

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2023 adds up the quarterly data reported by the company within the most recent 12 months, which was €5,819 Mil.

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

Activision Blizzard's Gross Margin % for the quarter that ended in Jun. 2023 is calculated as

Gross Margin % (Q: Jun. 2023 )=Gross Profit (Q: Jun. 2023 ) / Revenue (Q: Jun. 2023 )
=(Revenue - Cost of Goods Sold) / Revenue
=1,432 / 2037.061
=70.28 %

* 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.


Activision Blizzard  (XTER:AIY) 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

Activision Blizzard had a gross margin of 70.28% for the quarter that ended in Jun. 2023 => Durable competitive advantage


Activision Blizzard Gross Profit Related Terms

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Activision Blizzard (XTER:AIY) Business Description

Traded in Other Exchanges
N/A
Address
2701 Olympic Boulevard, Building B, Santa Monica, CA, USA, 90404
Activision Blizzard was formed in 2008 by the merger of Activision, one of the largest console video game publishers, and Blizzard, one of largest PC video game publishers. The combined firm remains one of the world's largest video game publishers. Activision's impressive franchise portfolio includes World of Warcraft, which boasts more than $8 billion of lifetime sales, and Call of Duty, which has sold over 175 million copies across 14 titles over 12 years.

Activision Blizzard (XTER:AIY) Headlines

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