
Model N MODN
Quarterly report 2024-Q1
added 05-07-2024
Model N Gross Profit 2011-2026 | MODN
Gross profit is a key indicator of how efficiently a company produces or sells its products. This metric helps assess a business’s ability to generate revenue at the initial stage, before accounting for all other expenses. Regular analysis of gross profit allows companies to respond in a timely manner to changes in cost of goods, pricing strategy, and market conditions.
Calculation formula:Importance for business:
Gross Profit = Revenue – Cost of Goods Sold (COGS)
Revenue — all cash inflows from the sale of goods or services.
Cost of Goods Sold — direct costs related to the production or acquisition of goods:
- Raw materials and supplies
- Wages of production personnel
- Depreciation of equipment
- Transportation and warehousing costs (if directly related to production)
- Assessing core business profitability
If gross profit is declining, it may indicate rising production costs or falling sales. - Financial planning
Gross profit is the basis for calculating other key metrics, such as operating and net profit. - Benchmarking against competitors
Gross profit analysis helps compare the efficiency of different companies within the same industry. - Insights into pricing effectiveness
If gross profit is low, the company may be pricing too low or failing to control costs effectively.
- Increase in raw material and supply costs
- Rising production expenses
- Price reductions due to competition
- Decrease in sales volume
- Currency exchange rate fluctuations (for imports/exports)
Gross profit is an important metric, but it does not provide a complete picture of a company’s financial health, as it does not account for administrative and selling expenses, taxes, debt burden, or depreciation.
Annual Gross Profit Model N
| 2023 | 2022 | 2021 | 2020 | 2019 | 2018 | 2017 | 2016 | 2015 | 2014 | 2013 | 2012 | 2011 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 141 M | 122 M | 107 M | 95.6 M | 75.1 M | 89.3 M | 70.1 M | 53.3 M | 52.2 M | 44 M | 55.7 M | 43.7 M | 38.3 M |
All numbers in USD currency
Indicator range from annual reports
| Maximum | Minimum | Average |
|---|---|---|
| 141 M | 38.3 M | 75.9 M |
Quarterly Gross Profit Model N
| 2024-Q1 | 2023-Q4 | 2023-Q3 | 2023-Q2 | 2023-Q1 | 2022-Q4 | 2022-Q3 | 2022-Q2 | 2022-Q1 | 2021-Q4 | 2021-Q3 | 2021-Q2 | 2021-Q1 | 2020-Q4 | 2020-Q3 | 2020-Q2 | 2020-Q1 | 2019-Q4 | 2019-Q3 | 2019-Q2 | 2019-Q1 | 2018-Q4 | 2018-Q3 | 2018-Q2 | 2018-Q1 | 2017-Q4 | 2017-Q3 | 2017-Q2 | 2017-Q1 | 2016-Q4 | 2016-Q3 | 2016-Q2 | 2016-Q1 | 2015-Q4 | 2015-Q3 | 2015-Q2 | 2015-Q1 | 2014-Q4 | 2014-Q3 | 2014-Q2 | 2014-Q1 | 2013-Q4 | 2013-Q3 | 2013-Q2 | 2013-Q1 | 2012-Q4 | 2012-Q3 | 2012-Q2 | 2012-Q1 | 2011-Q4 | 2011-Q3 | 2011-Q2 | 2011-Q1 |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 37.2 M | 35.6 M | - | 36.5 M | 35 M | 32.9 M | 89.5 M | 31.4 M | 29.2 M | 28.9 M | 78 M | 27.6 M | 24.8 M | 25.6 M | 70.7 M | 25.2 M | 25.6 M | 22 M | 55.5 M | 18.8 M | 22 M | 18.5 M | 67.4 M | 23.2 M | 18.5 M | 22.3 M | 49.9 M | 18.5 M | 22.3 M | 14.2 M | 38.3 M | 14.1 M | 14.2 M | 12.1 M | 38.4 M | 12.7 M | 12.1 M | 12.6 M | 32.6 M | 10.2 M | 12.6 M | 11.6 M | 40.1 M | 14.9 M | 11.6 M | 12.3 M | 31.5 M | 11.4 M | 9.56 M | - | - | - | - |
All numbers in USD currency
Indicator range from quarterly reporting
| Maximum | Minimum | Average |
|---|---|---|
| 89.5 M | 9.56 M | 28.3 M |
Gross Profit of other stocks in the Software industry
| Issuer | Gross Profit | Price | % 24h | Market Cap | Country | |
|---|---|---|---|---|---|---|
|
AppFolio
APPF
|
154 M | $ 162.07 | -1.97 % | $ 5.84 B | ||
|
Mogo
MOGO
|
46.7 M | - | - | $ 111 M | ||
|
FireEye, Inc.
FEYE
|
607 M | - | -3.41 % | $ 4.13 B | ||
|
Powerbridge Technologies Co., Ltd.
PBTS
|
4.62 M | - | 2.4 % | $ 115 M | ||
|
Adobe
ADBE
|
21.2 B | $ 242.15 | -0.58 % | $ 103 B | ||
|
Sapiens International Corporation N.V.
SPNS
|
238 M | - | - | $ 2.43 B | ||
|
Brightcove
BCOV
|
124 M | - | - | $ 192 K | ||
|
Domo
DOMO
|
244 M | $ 3.49 | -0.57 % | $ 126 M | ||
|
ANSYS
ANSS
|
2.26 B | - | - | $ 32.7 B | ||
|
Net Element, Inc.
NETE
|
9.84 M | - | 8.63 % | $ 83.8 M | ||
|
Avalara
AVLR
|
493 M | - | - | $ 8.28 B | ||
|
Avaya Holdings Corp.
AVYA
|
1.17 B | - | - | $ 3.47 M | ||
|
Alteryx
AYX
|
839 M | - | - | $ 3.42 B | ||
|
Aspen Technology
AZPN
|
745 M | - | - | $ 16.8 B | ||
|
BlackBerry Limited
BB
|
418 M | $ 5.28 | -1.88 % | $ 3.13 B | ||
|
Altair Engineering
ALTR
|
541 M | - | - | $ 9.4 B | ||
|
EVERTEC
EVTC
|
274 M | $ 29.38 | -1.77 % | $ 1.87 B | ||
|
Black Knight
BKI
|
531 M | - | -0.02 % | $ 11.7 B | ||
|
Proofpoint, Inc.
PFPT
|
775 M | - | - | $ 10.1 B | ||
|
Benefitfocus
BNFT
|
140 M | - | - | $ 362 M | ||
|
Agora
API
|
93.7 M | $ 3.5 | -0.28 % | $ 1.29 B | ||
|
American Software
AMSWA
|
66.4 M | - | -2.14 % | $ 369 M | ||
|
Creative Realities
CREX
|
25.7 M | $ 3.68 | -0.67 % | $ 38.6 M | ||
|
Borqs Technologies
BRQS
|
5.79 M | - | -23.51 % | $ 9.87 M | ||
|
Calix
CALX
|
568 M | $ 41.48 | -0.42 % | $ 2.74 B | ||
|
Zix Corporation
ZIXI
|
106 M | - | 0.12 % | $ 482 M | ||
|
CDK Global
CDK
|
199 M | - | 0.06 % | $ 6.34 B | ||
|
Digital Turbine
APPS
|
255 M | $ 3.35 | -0.54 % | $ 348 M | ||
|
Cadence Design Systems
CDNS
|
2.07 B | $ 322.76 | -2.18 % | $ 87.5 B | ||
|
Globant S.A.
GLOB
|
859 M | $ 40.9 | 0.64 % | $ 7.32 B | ||
|
CyberArk Software Ltd.
CYBR
|
792 M | - | - | $ 18.1 B | ||
|
Coupa Software Incorporated
COUP
|
320 M | - | - | $ 6.12 B | ||
|
Ebix
EBIX
|
375 M | - | -30.99 % | $ 36.3 M | ||
|
Citrix Systems
CTXS
|
2.59 B | - | - | $ 13.2 B | ||
|
GreenSky
GSKY
|
218 M | - | 1.59 % | $ 1.88 B | ||
|
CYREN Ltd.
CYRN
|
15.9 M | - | -18.15 % | $ 1.77 M | ||
|
Diebold Nixdorf, Incorporated
DBD
|
961 M | $ 76.74 | -7.5 % | $ 2.82 B | ||
|
International Business Machines Corp.
IBM
|
39.3 B | $ 228.1 | 0.44 % | $ 213 B | ||
|
Dropbox
DBX
|
2.02 B | $ 24.26 | -0.23 % | $ 6.51 B | ||
|
Datadog
DDOG
|
2.74 B | $ 129.66 | -3.23 % | $ 45 B | ||
|
Cloudera, Inc.
CLDR
|
562 M | - | 0.06 % | $ 4.74 B | ||
|
Absolute Software Corporation
ABST
|
161 M | - | - | $ 811 M | ||
|
Bottomline Technologies (de), Inc.
EPAY
|
253 M | - | - | $ 2.56 B | ||
|
China Index Holdings Limited
CIH
|
511 M | - | - | $ 85.7 M | ||
|
CounterPath Corporation
CPAH
|
9.98 M | - | 0.87 % | $ 22.5 M | ||
|
Cornerstone OnDemand, Inc.
CSOD
|
514 M | - | - | $ 3.84 B | ||
|
CooTek (Cayman) Inc.
CTK
|
417 M | - | 2.36 % | $ 6.44 M | ||
|
NIC Inc.
EGOV
|
166 M | - | - | $ 2.31 B |