Squarespace's gross profit for the
three
months ended in Jun. 2024 was $214 Mil. Squarespace's gross profit for the trailing twelve months (TTM) ended in Jun. 2024 was $821 Mil.
Gross Margin % is calculated as gross profit divided by its revenue. Squarespace's gross profit for the
three
months ended in Jun. 2024 was $214 Mil. Squarespace's Revenue for the
three
months ended in Jun. 2024 was $297 Mil. Therefore, Squarespace's Gross Margin % for the quarter that ended in Jun. 2024 was 72.05%.
Squarespace had a gross margin of 72.05% for the quarter that ended in Jun. 2024 => Durable competitive advantage
During the past 5 years, the highestGross Margin % of Squarespace was 84.17%. The lowest was 74.21%. And the median was 83.10%.
Squarespace Gross Profit Historical Data
The historical data trend for Squarespace'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.
Competitive Comparison of Squarespace's Gross Profit
For the Software - Infrastructure subindustry, Squarespace'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.
Squarespace's Gross Profit Distribution in the Software Industry
For the Software industry and Technology sector, Squarespace's Gross Profit distribution charts can be found below:
* The bar in red indicates where Squarespace's Gross Profit falls into.
Squarespace Gross Profit Calculation
Gross Profit is the different between the sale prices and the cost of buying or producing the goods.
Squarespace's Gross Profit for the fiscal year that ended in Dec. 2023 is calculated as
Gross Profit for the trailing twelve months (TTM) ended in Jun. 2024 adds up the quarterly data reported by the company within the most recent 12 months, which was $821 Mil.
Gross Profit is the numerator in the calculation of Gross Margin.
* 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.
Squarespace (NYSE:SQSP) 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
Squarespace had a gross margin of 72.05% for the quarter that ended in Jun. 2024 => Durable competitive advantage
Squarespace Gross Profit Related Terms
Thank you for viewing the detailed overview of Squarespace's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.
Squarespace is a provider of subscription-based website-building software and hosting services primarily servicing entrepreneurs and micro businesses. The company offers a range of add-on and standalone tools, including scheduling functionality, email marketing, member areas for paid content, and design tools for social media and video content. Following the 2021 acquisition of Tock, Squarespace has expanded into servicing hospitality customers with reservation, take-out, and event management software.
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