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	2010
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-Q2	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	35.6 M	36.5 M	35 M	32.9 M	32.9 M	31.4 M	29.2 M	28.9 M	28.9 M	27.6 M	24.8 M	25.6 M	25.6 M	25.2 M	23.5 M	22 M	22 M	18.8 M	18.1 M	18.5 M	18.5 M	23.2 M	22 M	22.3 M	22.3 M	18.5 M	17.2 M	14.2 M	14.2 M	14.1 M	12.2 M	12.1 M	12.1 M	12.7 M	13.1 M	12.6 M	12.6 M	10.2 M	10.8 M	11.6 M	11.6 M	14.9 M	13 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
37.2 M	9.56 M	20.8 M

Gross Profit of other stocks in the Software industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
Cadence Design Systems CDNS	2.07 B	$ 390.9	-0.85 %	$ 106 B	USA
Micro Focus International plc MFGP	2.12 B	-	-	$ 1.81 B	Britain
Mogo MOGO	46.7 M	-	-	$ 111 M	Canada
FireEye, Inc. FEYE	607 M	-	-3.41 %	$ 4.13 B	USA
Bentley Systems, Incorporated BSY	1.22 B	$ 33.11	0.27 %	$ 10.4 B	USA
Magic Software Enterprises Ltd. MGIC	158 M	-	-	$ 853 M	Israel
Powerbridge Technologies Co., Ltd. PBTS	4.62 M	-	2.4 %	$ 115 M	China
Evolving Systems EVOL	17.5 M	-	-8.47 %	$ 13.9 M	USA
ChannelAdvisor Corporation ECOM	129 M	-	0.02 %	$ 668 M	USA
Everbridge EVBG	317 M	-	-	$ 1.42 B	USA
Ceridian HCM Holding CDAY	812 M	-	-	$ 10.6 B	USA
China Index Holdings Limited CIH	511 M	-	-	$ 85.7 M	China
Sapiens International Corporation N.V. SPNS	238 M	-	-	$ 2.43 B	Curacao
E2open Parent Holdings ETWO	300 M	-	-	$ 1.02 B	USA
BlackBerry Limited BB	418 M	$ 8.84	-4.79 %	$ 5.24 B	Canada
Cogent Biosciences COGT	7.87 K	$ 31.98	2.63 %	$ 4.12 B	USA
Net Element, Inc. NETE	9.84 M	-	8.63 %	$ 83.8 M	USA
ANSYS ANSS	2.26 B	-	-	$ 32.7 B	USA
Cerence CRNC	183 M	$ 9.91	-10.24 %	$ 428 M	USA
Avaya Holdings Corp. AVYA	1.17 B	-	-	$ 3.47 M	USA
Auddia AUUD	-535 K	$ 1.3	0.78 %	$ 1.79 M	USA
Avalara AVLR	493 M	-	-	$ 8.28 B	USA
Altair Engineering ALTR	541 M	-	-	$ 9.4 B	USA
Alteryx AYX	839 M	-	-	$ 3.42 B	USA
Aspen Technology AZPN	745 M	-	-	$ 16.8 B	USA
Bandwidth BAND	295 M	$ 63.36	-7.96 %	$ 1.9 B	USA
Proofpoint, Inc. PFPT	775 M	-	-	$ 10.1 B	USA
Amdocs Limited DOX	1.41 B	$ 57.98	-0.62 %	$ 6.7 B	Guernsey
Agora API	93.7 M	$ 4.54	-1.09 %	$ 1.67 B	China
American Software AMSWA	66.4 M	-	-2.14 %	$ 369 M	USA
Dynatrace DT	1.65 B	$ 40.77	-2.74 %	$ 12.2 B	USA
Brightcove BCOV	124 M	-	-	$ 192 K	USA
Dropbox DBX	2.02 B	$ 27.43	0.48 %	$ 7.36 B	USA
Black Knight BKI	531 M	-	-0.02 %	$ 11.7 B	USA
Zix Corporation ZIXI	106 M	-	0.12 %	$ 482 M	USA
Benefitfocus BNFT	140 M	-	-	$ 362 M	USA
Digital Turbine APPS	322 M	$ 9.85	5.35 %	$ 1.11 B	USA
Borqs Technologies BRQS	500 K	-	-23.51 %	$ 9.87 M	China
Calix CALX	568 M	$ 38.69	3.78 %	$ 2.56 B	USA
CDK Global CDK	199 M	-	0.06 %	$ 6.34 B	USA
GoDaddy GDDY	1.96 B	$ 81.57	1.08 %	$ 11.3 B	USA
CyberArk Software Ltd. CYBR	792 M	-	-	$ 18.1 B	Israel
Globant S.A. GLOB	859 M	$ 37.47	-1.83 %	$ 1.66 B	Luxembourg
Ebix EBIX	71.4 M	-	-30.99 %	$ 36.3 M	USA
Coupa Software Incorporated COUP	412 M	-	-	$ 6.12 B	USA
International Business Machines Corp. IBM	39.3 B	$ 277.49	-1.19 %	$ 259 B	USA
GreenSky GSKY	218 M	-	1.59 %	$ 1.88 B	USA
Creative Realities CREX	25.7 M	$ 3.85	-	$ 40.4 M	USA
Citrix Systems CTXS	2.59 B	-	-	$ 13.2 B	USA
Kingsoft Cloud Holdings Limited KC	1.5 B	$ 11.43	0.53 %	$ 46.9 B	China