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Model N MODN

Quarterly report 2024-Q1
added 05-07-2024

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Model N Gross Profit 2011-2025 | 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
Agora Agora
API
85.4 M $ 3.89 -0.89 % $ 1.45 B chinaChina
American Software American Software
AMSWA
66.4 M - -2.14 % $ 369 M usaUSA
FireEye, Inc. FireEye, Inc.
FEYE
607 M - -3.41 % $ 4.13 B usaUSA
Check Point Software Technologies Ltd. Check Point Software Technologies Ltd.
CHKP
1.78 B $ 187.01 -2.66 % $ 20.7 B israelIsrael
Borqs Technologies Borqs Technologies
BRQS
5.79 M - -23.51 % $ 9.87 M chinaChina
Bill.com Holdings Bill.com Holdings
BILL
1.19 B $ 54.2 -0.61 % $ 5.61 B usaUSA
Box Box
BOX
777 M $ 29.72 -1.38 % $ 4.29 B usaUSA
Avaya Holdings Corp. Avaya Holdings Corp.
AVYA
1.17 B - - $ 3.47 M usaUSA
Net Element, Inc. Net Element, Inc.
NETE
9.84 M - 8.63 % $ 83.8 M usaUSA
Aspen Technology Aspen Technology
AZPN
745 M - - $ 16.8 B usaUSA
BlackBerry Limited BlackBerry Limited
BB
395 M $ 4.29 - $ 2.54 B canadaCanada
BigCommerce Holdings BigCommerce Holdings
BIGC
255 M - - $ 371 M usaUSA
Black Knight Black Knight
BKI
531 M - -0.02 % $ 11.7 B usaUSA
BlackLine BlackLine
BL
491 M $ 57.41 -2.15 % $ 3.57 B usaUSA
Bridgeline Digital Bridgeline Digital
BLIN
10.9 M $ 0.95 -5.94 % $ 9.9 M usaUSA
Blackbaud Blackbaud
BLKB
639 M $ 61.85 -1.67 % $ 3.13 B usaUSA
Proofpoint, Inc. Proofpoint, Inc.
PFPT
775 M - - $ 10.1 B usaUSA
Bumble Bumble
BMBL
349 M $ 3.42 0.88 % $ 413 M usaUSA
Commvault Systems Commvault Systems
CVLT
817 M $ 119.9 -1.39 % $ 5.26 B usaUSA
GTY Technology Holdings GTY Technology Holdings
GTYH
38.1 M - 0.17 % $ 355 M usaUSA
Zix Corporation Zix Corporation
ZIXI
106 M - 0.12 % $ 482 M usaUSA
BSQUARE Corporation BSQUARE Corporation
BSQR
5.45 M - 0.53 % $ 38.6 K usaUSA
Endava plc Endava plc
DAVA
194 M $ 6.98 5.52 % $ 2.5 B -
DocuSign DocuSign
DOCU
2.19 B $ 68.11 -4.22 % $ 13.9 B usaUSA
Amdocs Limited Amdocs Limited
DOX
1.41 B $ 79.06 -0.37 % $ 9.13 B guernseyGuernsey
Cheetah Mobile Cheetah Mobile
CMCM
527 M $ 6.77 0.74 % $ 9.68 B -
Creative Realities Creative Realities
CREX
22.2 M $ 2.85 0.53 % $ 24.2 M usaUSA
Ceridian HCM Holding Ceridian HCM Holding
CDAY
812 M - - $ 10.6 B usaUSA
CDK Global CDK Global
CDK
199 M - 0.06 % $ 6.34 B usaUSA
Datadog Datadog
DDOG
2.17 B $ 142.34 -2.51 % $ 47.9 B usaUSA
Alteryx Alteryx
AYX
839 M - - $ 3.42 B usaUSA
Bentley Systems, Incorporated Bentley Systems, Incorporated
BSY
1.1 B $ 40.08 -1.23 % $ 12.6 B usaUSA
CyberArk Software Ltd. CyberArk Software Ltd.
CYBR
792 M $ 449.04 -2.99 % $ 19.8 B israelIsrael
Bit Digital Bit Digital
BTBT
6.96 M $ 2.08 -7.78 % $ 292 M usaUSA
8x8 8x8
EGHT
485 M $ 2.06 -5.94 % $ 267 M usaUSA
The Descartes Systems Group Inc The Descartes Systems Group Inc
DSGX
323 M $ 89.6 -1.22 % $ 7.58 B canadaCanada
Future FinTech Group Future FinTech Group
FTFT
1.27 M $ 1.04 -4.15 % $ 21.8 M chinaChina
Altair Engineering Altair Engineering
ALTR
541 M - - $ 9.4 B usaUSA
Magic Software Enterprises Ltd. Magic Software Enterprises Ltd.
MGIC
133 M $ 26.67 0.3 % $ 1.31 B israelIsrael
Cloudera, Inc. Cloudera, Inc.
CLDR
562 M - 0.06 % $ 4.74 B canadaCanada
ACI Worldwide ACI Worldwide
ACIW
641 M $ 46.76 -1.63 % $ 4.93 B usaUSA
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
XpresSpa Group XpresSpa Group
XSPA
8.92 M - -2.66 % $ 62.4 M 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
CYREN Ltd. CYREN Ltd.
CYRN
15.9 M - -18.15 % $ 1.77 M usaUSA
NIC Inc. NIC Inc.
EGOV
166 M - - $ 2.31 B usaUSA