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Model N MODN

Quarterly report 2024-Q1
added 05-07-2024

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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:
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)
Importance for business:
  • 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.
Reasons for a decline in gross profit:
  • 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 AppFolio
APPF
154 M $ 162.07 -1.97 % $ 5.84 B usaUSA
Mogo Mogo
MOGO
46.7 M - - $ 111 M canadaCanada
FireEye, Inc. FireEye, Inc.
FEYE
607 M - -3.41 % $ 4.13 B usaUSA
Powerbridge Technologies Co., Ltd. Powerbridge Technologies Co., Ltd.
PBTS
4.62 M - 2.4 % $ 115 M chinaChina
Adobe Adobe
ADBE
21.2 B $ 242.15 -0.58 % $ 103 B usaUSA
Sapiens International Corporation N.V. Sapiens International Corporation N.V.
SPNS
238 M - - $ 2.43 B curacaoCuracao
Brightcove Brightcove
BCOV
124 M - - $ 192 K usaUSA
Domo Domo
DOMO
244 M $ 3.49 -0.57 % $ 126 M usaUSA
ANSYS ANSYS
ANSS
2.26 B - - $ 32.7 B usaUSA
Net Element, Inc. Net Element, Inc.
NETE
9.84 M - 8.63 % $ 83.8 M usaUSA
Avalara Avalara
AVLR
493 M - - $ 8.28 B usaUSA
Avaya Holdings Corp. Avaya Holdings Corp.
AVYA
1.17 B - - $ 3.47 M usaUSA
Alteryx Alteryx
AYX
839 M - - $ 3.42 B usaUSA
Aspen Technology Aspen Technology
AZPN
745 M - - $ 16.8 B usaUSA
BlackBerry Limited BlackBerry Limited
BB
418 M $ 5.28 -1.88 % $ 3.13 B canadaCanada
Altair Engineering Altair Engineering
ALTR
541 M - - $ 9.4 B usaUSA
EVERTEC EVERTEC
EVTC
274 M $ 29.38 -1.77 % $ 1.87 B puerto-ricoPuerto-rico
Black Knight Black Knight
BKI
531 M - -0.02 % $ 11.7 B usaUSA
Proofpoint, Inc. Proofpoint, Inc.
PFPT
775 M - - $ 10.1 B usaUSA
Benefitfocus Benefitfocus
BNFT
140 M - - $ 362 M usaUSA
Agora Agora
API
93.7 M $ 3.5 -0.28 % $ 1.29 B chinaChina
American Software American Software
AMSWA
66.4 M - -2.14 % $ 369 M usaUSA
Creative Realities Creative Realities
CREX
25.7 M $ 3.68 -0.67 % $ 38.6 M usaUSA
Borqs Technologies Borqs Technologies
BRQS
5.79 M - -23.51 % $ 9.87 M chinaChina
Calix Calix
CALX
568 M $ 41.48 -0.42 % $ 2.74 B usaUSA
Zix Corporation Zix Corporation
ZIXI
106 M - 0.12 % $ 482 M usaUSA
CDK Global CDK Global
CDK
199 M - 0.06 % $ 6.34 B usaUSA
Digital Turbine Digital Turbine
APPS
255 M $ 3.35 -0.54 % $ 348 M usaUSA
Cadence Design Systems Cadence Design Systems
CDNS
2.07 B $ 322.76 -2.18 % $ 87.5 B usaUSA
Globant S.A. Globant S.A.
GLOB
859 M $ 40.9 0.64 % $ 7.32 B luxembourgLuxembourg
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
792 M - - $ 18.1 B israelIsrael
Coupa Software Incorporated Coupa Software Incorporated
COUP
320 M - - $ 6.12 B usaUSA
Ebix Ebix
EBIX
375 M - -30.99 % $ 36.3 M usaUSA
Citrix Systems Citrix Systems
CTXS
2.59 B - - $ 13.2 B usaUSA
GreenSky GreenSky
GSKY
218 M - 1.59 % $ 1.88 B usaUSA
CYREN Ltd. CYREN Ltd.
CYRN
15.9 M - -18.15 % $ 1.77 M usaUSA
Diebold Nixdorf, Incorporated Diebold Nixdorf, Incorporated
DBD
961 M $ 76.74 -7.5 % $ 2.82 B usaUSA
International Business Machines Corp. International Business Machines Corp.
IBM
39.3 B $ 228.1 0.44 % $ 213 B usaUSA
Dropbox Dropbox
DBX
2.02 B $ 24.26 -0.23 % $ 6.51 B usaUSA
Datadog Datadog
DDOG
2.74 B $ 129.66 -3.23 % $ 45 B usaUSA
Cloudera, Inc. Cloudera, Inc.
CLDR
562 M - 0.06 % $ 4.74 B canadaCanada
Absolute Software Corporation Absolute Software Corporation
ABST
161 M - - $ 811 M canadaCanada
Bottomline Technologies (de), Inc. Bottomline Technologies (de), Inc.
EPAY
253 M - - $ 2.56 B usaUSA
China Index Holdings Limited China Index Holdings Limited
CIH
511 M - - $ 85.7 M chinaChina
CounterPath Corporation CounterPath Corporation
CPAH
9.98 M - 0.87 % $ 22.5 M canadaCanada
Cornerstone OnDemand, Inc. Cornerstone OnDemand, Inc.
CSOD
514 M - - $ 3.84 B usaUSA
CooTek (Cayman) Inc. CooTek (Cayman) Inc.
CTK
417 M - 2.36 % $ 6.44 M chinaChina
NIC Inc. NIC Inc.
EGOV
166 M - - $ 2.31 B usaUSA