TESSCO Technologies Incorporated Gross Profit 2011-2026 | TESS

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 TESSCO Technologies Incorporated

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
91.1 M	78 M	67.7 M	91.8 M	121 M	120 M	112 M	112 M	118 M	126 M	147 M	149 M	133 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
149 M	67.7 M	113 M

Quarterly Gross Profit TESSCO Technologies Incorporated

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
23.7 M	70.2 M	46.5 M	-	19.6 M	59.1 M	39.5 M	16.8 M	17.3 M	17.3 M	22.7 M	18.8 M	19.6 M	23.1 M	26.3 M	25.3 M	31 M	31 M	31.4 M	31.5 M	29.6 M	29.9 M	29.2 M	29.2 M	30 M	30 M	28.8 M	27.1 M	29.5 M	29.5 M	30.5 M	29 M	28.8 M	28.8 M	35.4 M	35.2 M	36.1 M	36.1 M	36.5 M	35.4 M	39 M	39 M	38.6 M	35.5 M	39.5 M	39.5 M	34 M	37.2 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
70.2 M	16.8 M	31.9 M

Gross Profit of other stocks in the Communication equipment industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
Akoustis Technologies AKTS	-3.12 M	-	-6.6 %	$ 2.54 M	USA
AudioCodes Ltd. AUDC	160 M	$ 8.91	0.56 %	$ 254 M	Israel
Донской завод радиодеталей DZRD	230 M	-	-	-	Russia
AmpliTech Group AMPG	6.03 M	$ 2.01	-3.37 %	$ 42.2 M	USA
Ciena Corporation CIEN	1.72 B	$ 495.17	4.08 %	$ 71.7 B	USA
Ceragon Networks Ltd. CRNT	137 M	$ 2.5	-1.19 %	$ 215 M	Israel
CommScope Holding Company COMM	234 M	-	-	$ 4.16 B	USA
BK Technologies Corporation BKTI	18.1 M	$ 96.95	1.75 %	$ 347 M	USA
Clearfield CLFD	50.5 M	$ 28.87	3.77 %	$ 404 M	USA
Boxlight Corporation BOXL	33.6 M	$ 1.2	-1.64 %	$ 757 K	USA
Cambium Networks Corporation CMBM	68.8 M	-	-	$ 11 M	Cayman-islands
Gilat Satellite Networks Ltd. GILT	133 M	$ 18.65	1.3 %	$ 1.11 B	Israel
DZS DZSI	40.4 M	-	-50.0 %	$ 14.6 M	USA
Harmonic HLIT	175 M	$ 10.22	3.44 %	$ 1.16 B	USA
CalAmp Corp. CAMP	122 M	$ 4.5	-1.96 %	$ 155 M	USA
Telefonaktiebolaget LM Ericsson (publ) ERIC	113 B	$ 12.16	2.44 %	$ 16.3 B	Schweden
Hewlett Packard Enterprise Company HPE	9.49 B	$ 25.89	5.16 %	$ 33.9 B	USA
Digi International DGII	271 M	$ 53.65	-0.74 %	$ 1.98 B	USA
ClearOne CLRO	-328 K	$ 3.07	9.25 %	$ 5.42 M	USA
Comtech Telecommunications Corp. CMTL	128 M	$ 4.0	6.67 %	$ 118 M	USA
KVH Industries KVHI	57.6 M	$ 9.68	4.65 %	$ 188 M	USA
Extreme Networks EXTR	709 M	$ 17.5	0.86 %	$ 2.32 B	USA
Acacia Communications, Inc. ACIA	284 M	-	-	$ 4.9 B	USA
Lantronix LTRX	51.7 M	$ 6.19	3.17 %	$ 239 M	USA
EXFO Inc. EXFO	151 M	-	0.08 %	$ 356 M	Canada
Communications Systems, Inc. JCS	17.2 M	-	1.28 %	$ 16.3 M	USA
Sierra Wireless SWIR	157 M	-	0.03 %	$ 1.62 B	Canada
Siyata Mobile SYTA	2.14 M	-	-4.66 %	$ 5.58 M	Canada
Blonder Tongue Laboratories BDR	5.46 M	-	-3.94 %	$ 4.09 M	USA
Vocera Communications, Inc. VCRA	129 M	-	-1.5 %	$ 2.03 B	USA
Infinera Corporation INFN	623 M	-	-	$ 1.51 B	USA
Motorola Solutions MSI	6.04 B	$ 444.46	0.96 %	$ 74 B	USA
Iteris ITI	64.6 M	-	-	$ 308 M	USA
Juniper Networks JNPR	2.98 B	-	-	$ 13.1 B	USA
NETGEAR NTGR	266 M	$ 26.03	4.92 %	$ 745 M	USA
Frequency Electronics FEIM	30.1 M	$ 58.7	3.36 %	$ 564 M	USA
Casa Systems CASA	104 M	-	-36.36 %	$ 3.66 M	USA
Network-1 Technologies NTIP	2.75 M	$ 1.46	2.46 %	$ 33.4 M	USA
Silicom Ltd. SILC	16.6 M	$ 25.13	5.9 %	$ 151 M	Israel
Maxar Technologies MAXR	691 M	-	0.01 %	$ 4.17 B	USA
Knowles Corporation KN	256 M	$ 29.0	0.85 %	$ 2.51 B	USA
Sonim Technologies SONM	9.92 M	$ 3.18	0.95 %	$ 15 M	USA
Ubiquiti UI	1.12 B	$ 1 039.13	3.24 %	$ 62.8 B	USA
UTStarcom Holdings Corp. UTSI	2.91 M	$ 2.6	4.0 %	$ 23.8 M	China
Optical Cable Corporation OCC	6.53 M	$ 11.15	5.39 %	$ 86.4 M	USA
Viavi Solutions VIAV	621 M	$ 41.16	4.84 %	$ 9.16 B	USA
Ondas Holdings ONDS	20.2 M	$ 10.2	1.69 %	$ 2.26 M	USA
Viasat VSAT	700 M	$ 61.23	2.19 %	$ 7.18 B	USA
Zebra Technologies Corporation ZBRA	2.59 B	$ 233.04	1.48 %	$ 11.8 B	USA