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CRNT (Ceragon Networks) Gross Profit : $131.5 Mil (TTM As of Sep. 2024)


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What is Ceragon Networks Gross Profit?

Ceragon Networks's gross profit for the three months ended in Sep. 2024 was $34.9 Mil. Ceragon Networks's gross profit for the trailing twelve months (TTM) ended in Sep. 2024 was $131.5 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Ceragon Networks's gross profit for the three months ended in Sep. 2024 was $34.9 Mil. Ceragon Networks's Revenue for the three months ended in Sep. 2024 was $102.7 Mil. Therefore, Ceragon Networks's Gross Margin % for the quarter that ended in Sep. 2024 was 34.03%.

Ceragon Networks had a gross margin of 34.03% for the quarter that ended in Sep. 2024 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Ceragon Networks was 34.83%. The lowest was 22.75%. And the median was 31.93%.


Ceragon Networks Gross Profit Historical Data

The historical data trend for Ceragon Networks'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.

Ceragon Networks Gross Profit Chart

Ceragon Networks 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 96.84 75.65 88.38 93.06 119.87

Ceragon Networks Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 30.27 31.06 32.07 33.46 34.94

Competitive Comparison of Ceragon Networks's Gross Profit

For the Communication Equipment subindustry, Ceragon Networks'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.


Ceragon Networks's Gross Profit Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ceragon Networks's Gross Profit distribution charts can be found below:

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



Ceragon Networks Gross Profit Calculation

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

Ceragon Networks'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
=347.179 - 227.31
=119.9

Ceragon Networks's Gross Profit for the quarter that ended in Sep. 2024 is calculated as

Gross Profit (Q: Sep. 2024 )=Revenue - Cost of Goods Sold
=102.672 - 67.732
=34.9

Gross Profit for the trailing twelve months (TTM) ended in Sep. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $131.5 Mil.

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

Ceragon Networks's Gross Margin % for the quarter that ended in Sep. 2024 is calculated as

Gross Margin % (Q: Sep. 2024 )=Gross Profit (Q: Sep. 2024 ) / Revenue (Q: Sep. 2024 )
=(Revenue - Cost of Goods Sold) / Revenue
=34.9 / 102.672
=34.03 %

* 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.


Ceragon Networks  (NAS:CRNT) 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

Ceragon Networks had a gross margin of 34.03% for the quarter that ended in Sep. 2024 => Competition eroding margins


Ceragon Networks Gross Profit Related Terms

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Ceragon Networks Business Description

Traded in Other Exchanges
Address
3 Uri Ariav Street, Building. A (7th Floor), PO Box 112, Rosh Ha’Ayin, ISR, 4810002
Ceragon Networks Ltd is a wireless transport company in terms of unit shipments and global distribution of its business, providing high-capacity wireless connectivity solutions to global markets across various industries, mainly wireless (mobile) networks service providers. Geographically the company generates the major revenue from India. The company also has presence in North America, Europe, Africa, Asia-Pacific and Middle East, and Latin America. The company's products include IP-50 Platform, IP-20 Platform, Pointlink.