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Model N Gross Profit | 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 | 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 | |
|---|---|---|---|---|---|---|
 |
Asure Software
ASUR
|
94.9 M | $ 8.45 | 0.72 % | $ 232 M |  USA |
 |
Ebix
EBIX
|
71.4 M | - | -30.99 % | $ 36.3 M | USA |
 |
Avalara
AVLR
|
493 M | - | - | $ 8.28 B | USA |
 |
Bill.com Holdings
BILL
|
1.34 B | $ 47.25 | 0.13 % | $ 4.72 B | USA |
 |
Box
BOX
|
933 M | $ 33.75 | 0.09 % | $ 4.87 B | USA |
 |
Aurora Mobile Limited
JG
|
252 M | $ 6.5 | 0.46 % | $ 38.8 M |  China |
 |
Altair Engineering
ALTR
|
541 M | - | - | $ 9.4 B | USA |
 |
Okta
OKTA
|
2.26 B | $ 166.5 | 0.57 % | $ 29.3 B | USA |
 |
SAP SE
SAP
|
26.8 B | $ 206.36 | 0.2 % | $ 241 B |  Germany |
 |
Alteryx
AYX
|
839 M | - | - | $ 3.42 B | USA |
 |
Qualtrics International
XM
|
1.03 B | - | - | $ 11 B | USA |
 |
ACI Worldwide
ACIW
|
641 M | $ 52.09 | 0.23 % | $ 5.42 B | USA |
 |
Gridsum Holding Inc.
GSUM
|
249 M | - | - | $ 68.3 M | China |
 |
Adobe
ADBE
|
21.2 B | $ 252.23 | 1.37 % | $ 108 B | USA |
 |
Autodesk
ADSK
|
6.56 B | $ 212.4 | 0.37 % | $ 45.2 B | USA |
 |
AudioEye
AEYE
|
31.6 M | $ 7.93 | 5.73 % | $ 98.5 M | USA |
 |
AGM Group Holdings
AGMH
|
3.16 M | $ 0.86 | 2.51 % | $ 1.51 M | China |
 |
Agilysys
AGYS
|
200 M | $ 104.49 | 0.02 % | $ 2.92 B | USA |
 |
Akamai Technologies
AKAM
|
1.91 B | $ 106.79 | 0.39 % | $ 15.5 B | USA |
 |
Citrix Systems
CTXS
|
2.59 B | - | - | $ 13.2 B | USA |
 |
CYREN Ltd.
CYRN
|
15.9 M | - | -18.15 % | $ 1.77 M | USA |
 |
ChannelAdvisor Corporation
ECOM
|
129 M | - | 0.02 % | $ 668 M | USA |
 |
Evolving Systems
EVOL
|
17.5 M | - | -8.47 % | $ 13.9 M | USA |
 |
EVO Payments
EVOP
|
389 M | - | - | $ 1.77 B | USA |
 |
GreenSky
GSKY
|
218 M | - | 1.59 % | $ 1.88 B | USA |
 |
GTY Technology Holdings
GTYH
|
38.1 M | - | 0.17 % | $ 355 M | USA |
 |
GSE Systems
GVP
|
11.9 M | - | - | $ 11.4 M | USA |
 |
Ideanomics
IDEX
|
-2.71 M | - | -4.36 % | $ 451 M | USA |
 |
Alarm.com Holdings
ALRM
|
319 M | $ 55.36 | 0.34 % | $ 2.76 B | USA |
 |
Limelight Networks
LLNW
|
108 M | - | 1.65 % | $ 340 M | USA |
 |
ManTech International Corporation
MANT
|
380 M | - | - | $ 3.93 B | USA |
 |
McAfee Corp.
MCFE
|
399 M | - | 0.27 % | $ 11.2 B | USA |
 |
Micro Focus International plc
MFGP
|
2.12 B | - | - | $ 1.81 B |  Britain |
 |
Marin Software Incorporated
MRIN
|
6.1 M | - | - | $ 15.9 M | USA |
 |
National Instruments Corporation
NATI
|
1.12 B | - | - | $ 7.9 B | USA |
 |
Nuance Communications
NUAN
|
192 M | - | -0.04 % | $ 17.6 B | USA |
 |
Powerbridge Technologies Co., Ltd.
PBTS
|
4.62 M | - | 2.4 % | $ 115 M | China |
 |
Qumu Corporation
QUMU
|
17.9 M | - | -0.11 % | $ 16.2 M | USA |
 |
Splunk
SPLK
|
2.84 B | - | - | $ 25.5 B | USA |
 |
ServiceSource International
SREV
|
55.7 M | - | 2.8 % | $ 147 M | USA |
 |
TSR
TSRI
|
9.18 M | - | -0.07 % | $ 28.7 M | USA |
 |
Waitr Holdings
WTRH
|
95.1 M | - | -5.96 % | $ 19.2 M | USA |
 |
Zendesk
ZEN
|
1.06 B | - | - | $ 9.63 B | USA |
 |
BSQUARE Corporation
BSQR
|
5.45 M | - | 0.53 % | $ 38.6 K | USA |
 |
New Relic
NEWR
|
679 M | - | - | $ 5.88 B | USA |
 |
Exela Technologies
XELA
|
231 M | - | -41.92 % | $ 6.88 M | USA |
 |
SolarWinds Corporation
SWI
|
714 M | - | - | $ 3.13 B | USA |
 |
Envestnet
ENV
|
621 M | - | - | $ 3.44 B | USA |