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Vonage Holdings (Vonage Holdings) Gross Profit : $715 Mil (TTM As of Mar. 2022)


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What is Vonage Holdings Gross Profit?

Vonage Holdings's gross profit for the three months ended in Mar. 2022 was $176 Mil. Vonage Holdings's gross profit for the trailing twelve months (TTM) ended in Mar. 2022 was $715 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Vonage Holdings's gross profit for the three months ended in Mar. 2022 was $176 Mil. Vonage Holdings's Revenue for the three months ended in Mar. 2022 was $359 Mil. Therefore, Vonage Holdings's Gross Margin % for the quarter that ended in Mar. 2022 was 49.17%.

Vonage Holdings had a gross margin of 49.17% for the quarter that ended in Mar. 2022 => Durable competitive advantage

During the past 13 years, the highest Gross Margin % of Vonage Holdings was 69.17%. The lowest was 49.82%. And the median was 61.22%.

Warning Sign:

Vonage Holdings Corp gross margin has been in long-term decline. The average rate of decline per year is -3.7%.


Vonage Holdings Gross Profit Historical Data

The historical data trend for Vonage Holdings'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.

Vonage Holdings Gross Profit Chart

Vonage Holdings Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 597.33 621.79 678.26 694.41 714.51

Vonage Holdings Quarterly Data
Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
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 176.11 182.67 180.48 175.24 176.44

Competitive Comparison of Vonage Holdings's Gross Profit

For the Telecom Services subindustry, Vonage Holdings'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.


Vonage Holdings's Gross Profit Distribution in the Telecommunication Services Industry

For the Telecommunication Services industry and Communication Services sector, Vonage Holdings's Gross Profit distribution charts can be found below:

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



Vonage Holdings Gross Profit Calculation

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

Vonage Holdings's Gross Profit for the fiscal year that ended in Dec. 2021 is calculated as

Gross Profit (A: Dec. 2021 )=Revenue - Cost of Goods Sold
=1409.015 - 694.509
=715

Vonage Holdings's Gross Profit for the quarter that ended in Mar. 2022 is calculated as

Gross Profit (Q: Mar. 2022 )=Revenue - Cost of Goods Sold
=358.828 - 182.385
=176

Gross Profit for the trailing twelve months (TTM) ended in Mar. 2022 adds up the quarterly data reported by the company within the most recent 12 months, which was $715 Mil.

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

Vonage Holdings's Gross Margin % for the quarter that ended in Mar. 2022 is calculated as

Gross Margin % (Q: Mar. 2022 )=Gross Profit (Q: Mar. 2022 ) / Revenue (Q: Mar. 2022 )
=(Revenue - Cost of Goods Sold) / Revenue
=176 / 358.828
=49.17 %

* 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.


Vonage Holdings  (NAS:VG) 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

Vonage Holdings had a gross margin of 49.17% for the quarter that ended in Mar. 2022 => Durable competitive advantage


Vonage Holdings Gross Profit Related Terms

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Vonage Holdings (Vonage Holdings) Business Description

Traded in Other Exchanges
N/A
Address
23 Main Street, Holmdel, NJ, USA, 07733
Vonage Holdings Corp is a North American technology company that provides cloud communication services to businesses and consumers. For businesses, the company provides unified communications (as a service), which consists of integrated voice, text, video, data, and mobile applications over Voice over Internet Protocol network. Its reportable operating segments include Vonage Communications Platform and Consumer. For consumer service customers, there is a home telephone replacement service. This can include services such as voicemail, call waiting, and call forwarding. This service is delivered over the Internet. The company generates most of its revenue within the United States.
Executives
Vinod Lala officer: SVP Corporate Development 23 MAIN STREET C/O VONAGE HOLDINGS CORP. HOLMDEL NJ 07733
Randy K. Rutherford officer: Interim Chief Legal Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Rory P Read director, officer: Chief Executive Officer ONE DELL WAY, ROUND ROCK TX 78682
Joy Corso officer: Chief Marketing Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Jeffrey A Citron director, 10 percent owner, officer: Chairman and Chief Strategist VONAGE HOLDING CORP. 23 MAIN STREET HOLMDEL NJ 07733
Ward Jr Stephen M director C/O CARPENTER TECHNOLOGY CORP, PO BOX 14662, READING PA 19612
Omar Muhammad Javaid officer: Chief Product Officer C/O VONAGE HOLDINGS CORP.,23 MAIN STREET HOLMDEL NJ 07733
Savinay M Berry officer: EVP, Product & Engineering C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Stephen L Lasher officer: Chief Financial Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Joseph Anthony Bellissimo officer: Chief Operating Officer C/O VONAGE HOLDINGS CORP. 23 MAIN STREET HOLMDEL NJ 07733
Timothy S Shaughnessy officer: Chief Financial Officer IBM CORPORATION, NEW ORCHARD ROAD, ARMONK NY 10504
David T. Pearson officer: CFO & Treasurer C/O VONAGE HOLDINGS CORP, 23 MAIN STREET, HOLMDEL NJ 07733
Vonage Holdings Corp officer: Chief Marketing Officer 101 CRAWFORDS CORNER ROAD SUITE 2416, 4TH FLOOR, BUILDING 2 HOLMDEL NJ 07733
Sagi Dudai officer: SVP Software Engineering 23 MAIN STREET C/O VONAGE HOLDINGS CORP. HOLMDEL NJ 07733
Tien Tzuo director C/O ZUORA, INC., 101 REDWOOD SHORES PARKWAY, REDWOOD CITY CA 94065