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Perion Network (Perion Network) Gross Profit : $272.4 Mil (TTM As of Dec. 2023)


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What is Perion Network Gross Profit?

Perion Network's gross profit for the three months ended in Dec. 2023 was $79.7 Mil. Perion Network's gross profit for the trailing twelve months (TTM) ended in Dec. 2023 was $272.4 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Perion Network's gross profit for the three months ended in Dec. 2023 was $79.7 Mil. Perion Network's Revenue for the three months ended in Dec. 2023 was $234.2 Mil. Therefore, Perion Network's Gross Margin % for the quarter that ended in Dec. 2023 was 34.05%.

Perion Network had a gross margin of 34.05% for the quarter that ended in Dec. 2023 => Competition eroding margins

During the past 13 years, the highest Gross Margin % of Perion Network was 55.16%. The lowest was 32.91%. And the median was 39.05%.

Warning Sign:

Perion Network Ltd gross margin has been in long-term decline. The average rate of decline per year is -1.3%.


Perion Network Gross Profit Historical Data

The historical data trend for Perion Network'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.

Perion Network Gross Profit Chart

Perion Network 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 100.04 107.96 165.28 237.25 272.38

Perion Network Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 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 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 78.23 57.72 67.40 67.52 79.75

Competitive Comparison of Perion Network's Gross Profit

For the Internet Content & Information subindustry, Perion Network'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.


Perion Network's Gross Profit Distribution in the Interactive Media Industry

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

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



Perion Network Gross Profit Calculation

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

Perion Network'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
=743.155 - 470.773
=272.4

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

Gross Profit (Q: Dec. 2023 )=Revenue - Cost of Goods Sold
=234.23 - 154.482
=79.7

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 $272.4 Mil.

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

Perion Network'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
=79.7 / 234.23
=34.05 %

* 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.


Perion Network  (NAS:PERI) 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

Perion Network had a gross margin of 34.05% for the quarter that ended in Dec. 2023 => Competition eroding margins


Perion Network Gross Profit Related Terms

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Perion Network (Perion Network) Business Description

Traded in Other Exchanges
Address
26 HaRokmim Street, Holon, ISR, 5885849
Perion Network Ltd is a technology company. It offers online advertising and searching solutions to brands, agencies, and publishers through desktop, mobile and social channels. Its products and services include Undertone, Codefuel, Make me reach, and Smilebox. The company earns prime revenue from search fees and online advertising services. It operates in the business segment of High Impact Advertising solutions. Geographically, the group has a business presence in North America, Europe, and Other countries of which a majority of the revenue is derived from North America.
Executives
Longview Fund Lp 10 percent owner VIKING ASSET MANAGEMENT LLC, 66 BOVET ROAD, SUITE 320, SAN MATEO, CA 94402