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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
International Business Machines Corp. International Business Machines Corp.
IBM
39.3 B $ 228.79 2.44 % $ 211 B usaUSA
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 $ 254.38 3.12 % $ 108 B usaUSA
Avalara Avalara
AVLR
493 M - - $ 8.28 B usaUSA
Brightcove Brightcove
BCOV
124 M - - $ 192 K usaUSA
Sapiens International Corporation N.V. Sapiens International Corporation N.V.
SPNS
238 M - - $ 2.43 B curacaoCuracao
ANSYS ANSYS
ANSS
2.26 B - - $ 32.7 B usaUSA
BlackLine BlackLine
BL
491 M $ 32.55 - $ 2.02 B usaUSA
Borqs Technologies Borqs Technologies
BRQS
5.79 M - -23.51 % $ 9.87 M chinaChina
Bentley Systems, Incorporated Bentley Systems, Incorporated
BSY
1.1 B $ 32.4 0.62 % $ 10.2 B usaUSA
Check Point Software Technologies Ltd. Check Point Software Technologies Ltd.
CHKP
1.78 B $ 152.69 -1.32 % $ 16.9 B israelIsrael
American Software American Software
AMSWA
66.4 M - -2.14 % $ 369 M usaUSA
A10 Networks A10 Networks
ATEN
210 M $ 18.93 -0.05 % $ 1.4 B usaUSA
Altair Engineering Altair Engineering
ALTR
541 M - - $ 9.4 B usaUSA
Net Element, Inc. Net Element, Inc.
NETE
9.84 M - 8.63 % $ 83.8 M usaUSA
Cheetah Mobile Cheetah Mobile
CMCM
527 M $ 5.72 -1.55 % $ 8.18 B -
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
395 M $ 3.39 2.11 % $ 2.01 B canadaCanada
CleanSpark CleanSpark
CLSK
2.12 M $ 10.42 6.01 % $ 2.94 B usaUSA
Proofpoint, Inc. Proofpoint, Inc.
PFPT
775 M - - $ 10.1 B usaUSA
BigCommerce Holdings BigCommerce Holdings
BIGC
255 M - - $ 371 M usaUSA
Bill.com Holdings Bill.com Holdings
BILL
1.19 B $ 42.56 1.55 % $ 4.41 B usaUSA
Coupa Software Incorporated Coupa Software Incorporated
COUP
320 M - - $ 6.12 B usaUSA
Black Knight Black Knight
BKI
531 M - -0.02 % $ 11.7 B usaUSA
Zix Corporation Zix Corporation
ZIXI
106 M - 0.12 % $ 482 M usaUSA
Creative Realities Creative Realities
CREX
22.2 M $ 3.43 4.42 % $ 29.1 M usaUSA
Bridgeline Digital Bridgeline Digital
BLIN
10.9 M $ 0.86 1.54 % $ 8.96 M usaUSA
salesforce.com salesforce.com
CRM
29.3 B $ 185.08 3.89 % $ 178 B usaUSA
Blackbaud Blackbaud
BLKB
663 M $ 47.06 1.71 % $ 2.24 B usaUSA
Bumble Bumble
BMBL
349 M $ 2.9 4.51 % $ 350 M usaUSA
CrowdStrike Holdings CrowdStrike Holdings
CRWD
2.96 B $ 349.32 -0.29 % $ 85.5 B usaUSA
Benefitfocus Benefitfocus
BNFT
140 M - - $ 362 M usaUSA
Box Box
BOX
777 M $ 22.74 4.26 % $ 3.28 B usaUSA
BSQUARE Corporation BSQUARE Corporation
BSQR
5.45 M - 0.53 % $ 38.6 K usaUSA
Bit Digital Bit Digital
BTBT
6.96 M $ 1.7 2.23 % $ 239 M usaUSA
Calix Calix
CALX
568 M $ 53.59 -1.03 % $ 3.54 B usaUSA
The Descartes Systems Group Inc The Descartes Systems Group Inc
DSGX
323 M $ 63.38 0.89 % $ 5.36 B canadaCanada
Datadog Datadog
DDOG
2.74 B $ 104.47 1.81 % $ 36.3 B usaUSA
CDK Global CDK Global
CDK
199 M - 0.06 % $ 6.34 B usaUSA
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
792 M - - $ 18.1 B israelIsrael
Endava plc Endava plc
DAVA
194 M $ 4.57 -0.22 % $ 2.5 B -
Ceridian HCM Holding Ceridian HCM Holding
CDAY
812 M - - $ 10.6 B usaUSA
Cadence Design Systems Cadence Design Systems
CDNS
2.07 B $ 289.98 3.64 % $ 78.6 B usaUSA
Domo Domo
DOMO
244 M $ 3.83 8.97 % $ 138 M usaUSA
Dynatrace Dynatrace
DT
1.38 B $ 33.99 0.95 % $ 10.1 B usaUSA
Duos Technologies Group Duos Technologies Group
DUOT
469 K $ 8.41 0.78 % $ 65.1 M usaUSA
Cloudera, Inc. Cloudera, Inc.
CLDR
562 M - 0.06 % $ 4.74 B canadaCanada