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Lattice Semiconductor (Lattice Semiconductor) Gross Margin % : 69.72% (As of Dec. 2023)


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What is Lattice Semiconductor Gross Margin %?

Gross Margin % is calculated as gross profit divided by its revenue. Lattice Semiconductor's Gross Profit for the three months ended in Dec. 2023 was $118.9 Mil. Lattice Semiconductor's Revenue for the three months ended in Dec. 2023 was $170.6 Mil. Therefore, Lattice Semiconductor's Gross Margin % for the quarter that ended in Dec. 2023 was 69.72%.


The historical rank and industry rank for Lattice Semiconductor's Gross Margin % or its related term are showing as below:

LSCC' s Gross Margin % Range Over the Past 10 Years
Min: 54.17   Med: 58.36   Max: 69.82
Current: 69.82


During the past 13 years, the highest Gross Margin % of Lattice Semiconductor was 69.82%. The lowest was 54.17%. And the median was 58.36%.

LSCC's Gross Margin % is ranked better than
95.58% of 972 companies
in the Semiconductors industry
Industry Median: 28.165 vs LSCC: 69.82

Lattice Semiconductor had a gross margin of 69.72% for the quarter that ended in Dec. 2023 => Durable competitive advantage

The 5-Year average Growth Rate of Gross Margin for Lattice Semiconductor was 4.90% per year.


Lattice Semiconductor Gross Margin % Historical Data

The historical data trend for Lattice Semiconductor's Gross Margin % 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.

Lattice Semiconductor Gross Margin % Chart

Lattice Semiconductor Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Gross Margin %
Get a 7-Day Free Trial Premium Member Only Premium Member Only 59.00 60.11 62.42 68.46 69.82

Lattice Semiconductor Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Gross Margin % 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 69.37 69.77 69.74 70.02 69.72

Competitive Comparison of Lattice Semiconductor's Gross Margin %

For the Semiconductors subindustry, Lattice Semiconductor's Gross Margin %, along with its competitors' market caps and Gross Margin % 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.


Lattice Semiconductor's Gross Margin % Distribution in the Semiconductors Industry

For the Semiconductors industry and Technology sector, Lattice Semiconductor's Gross Margin % distribution charts can be found below:

* The bar in red indicates where Lattice Semiconductor's Gross Margin % falls into.



Lattice Semiconductor Gross Margin % Calculation

Gross Margin is the percentage of Gross Profit out of sales or Revenue.

Lattice Semiconductor's Gross Margin for the fiscal year that ended in Dec. 2023 is calculated as

Gross Margin % (A: Dec. 2023 )=Gross Profit (A: Dec. 2023 ) / Revenue (A: Dec. 2023 )
=514.7 / 737.154
=(Revenue - Cost of Goods Sold) / Revenue
=(737.154 - 222.484) / 737.154
=69.82 %

Lattice Semiconductor'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 )
=118.9 / 170.596
=(Revenue - Cost of Goods Sold) / Revenue
=(170.596 - 51.649) / 170.596
=69.72 %

* 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.


Lattice Semiconductor  (NAS:LSCC) Gross Margin % 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

Lattice Semiconductor had a gross margin of 69.72% for the quarter that ended in Dec. 2023 => Durable competitive advantage


Be Aware

If a company loses its competitive advantages, usually its gross margin declines well before its sales declines. Watching Gross Margin % and Operating Margin % closely helps avoid value trap situations.


Lattice Semiconductor Gross Margin % Related Terms

Thank you for viewing the detailed overview of Lattice Semiconductor's Gross Margin % provided by GuruFocus.com. Please click on the following links to see related term pages.


Lattice Semiconductor (Lattice Semiconductor) Business Description

Traded in Other Exchanges
Address
5555 NE Moore Court, Hillsboro, OR, USA, 97124-6421
Lattice Semiconductor Corp is a developer of semiconductor technology that it distributes through products, solutions, and licenses. The company reaches its customers through consumer, communications, and industrial markets. Lattice's product lines consist of programmable logic devices, video connectivity application-specific standard products, and wave devices. Product offerings enable customers in the consumer market to build technology that utilizes more computing power, higher resolution video, and reduced energy consumption. Customers in the industrial and communication market are aided with data gathering, higher bandwidth, and increased reliability for their products. Lattice's products are offered globally; however, the majority of sales are derived from customers in Asia.
Executives
Robin Ann Abrams director 751 LINDEN AVE, LOS ALTOS CA 94022
James Robert Anderson director, officer: President & CEO 111 SW 5TH AVE, PORTLNAD OR 97204
Mark Jon Nelson officer: VP Corp, Sales 101 INNOVATION DRIVE, SAN JOSE CA 95134
Tracy Ann Feanny officer: VP Corp, General Counsel 3906 DRY CREEK DRIVE, AUSTIN TX 78731
Stephen Douglass officer: VP Corp, R&D 111 SW 5TH AVE. SUITE 700, PORTLAND X1 97204
Sherri R Luther officer: CVP, Chief Financial Officer 111 SW FIFTH AVE SUITE 700, PORTLAND OR 97204
Pravin Desale officer: SVP, R&D 3309 PATINA COURT, SAN JOSE CA 95135
David Jeffrey Richardson director LSI LOGIC CORP, 1621 BARBER LANE, MILPITAS CA 95035
Glenn O'rourke director, officer: VP Corp, Mfg Ops, other: VP Corp, Mfg Ops 1156 ROSEMONT ROAD, WEST LINN OR 97068
Mark Edwin Jensen director 6303 SNOWBERRY LANE, NIWOT CO 80503
Elizabeth M Schwarting director 3101 JAY STREET, SANTA CLARA CA 95054
Douglas R Bettinger director C/O LAM RESEARCH CORPORATION, 4650 CUSHING PARKWAY, FREMONT CA 94538
Raejeanne Skillern director 16852 ALDER CIRCLE, LAKE OSWEGO OR 97034
Krishna Rangasayee director 2100 LOGIC DR., SAN JOSE CA 95124
Esam Elashmawi officer: VP Corp, Mktg & Strategy 111 SW 5TH AVE. SUITE 700, PORTLAND OR 97204