TESSCO Technologies Incorporated Gross Profit | 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	2010	2009
91.1 M	78 M	67.7 M	79.6 M	19.6 M	31 M	29.6 M	30 M	29.5 M	28.8 M	36.1 M	39 M	39.5 M	123 M	-

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
123 M	19.6 M	51.6 M

Quarterly Gross Profit TESSCO Technologies Incorporated

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
23.7 M	24.2 M	22.4 M	23.7 M	19.6 M	19.8 M	19.7 M	19.6 M	17.3 M	22.7 M	18.8 M	17.3 M	23.1 M	26.3 M	25.3 M	19.6 M	31 M	31.4 M	30.7 M	31 M	29.6 M	29.9 M	29.2 M	29.6 M	30 M	28.8 M	27.1 M	30 M	29.5 M	33.9 M	32.2 M	29.5 M	32.5 M	35.4 M	35.2 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
39.5 M	17.3 M	29.5 M

Gross Profit of other stocks in the Communication equipment industry

Issuer	Gross Profit	Price	% 24h	Market Cap	Country
Akoustis Technologies AKTS	-689 K	-	-6.6 %	$ 2.54 M	USA
Silicom Ltd. SILC	18.9 M	$ 43.4	6.19 %	$ 248 M	Israel
Sonim Technologies SONM	9.92 M	$ 3.13	0.68 %	$ 2.26 M	USA
Ubiquiti UI	1.51 B	$ 580.53	0.15 %	$ 35.1 B	USA
Viavi Solutions VIAV	875 M	$ 38.75	11.16 %	$ 8.89 B	USA
Viasat VSAT	700 M	$ 77.75	3.23 %	$ 10.5 B	USA
Zebra Technologies Corporation ZBRA	2.59 B	$ 352.54	1.47 %	$ 17.9 B	USA
Juniper Networks JNPR	2.98 B	-	-	$ 13.1 B	USA
Blonder Tongue Laboratories BDR	5.46 M	-	-3.94 %	$ 4.09 M	USA
Casa Systems CASA	104 M	-	-36.36 %	$ 3.66 M	USA
DZS DZSI	40.4 M	-	-50.0 %	$ 14.6 M	USA
Maxar Technologies MAXR	691 M	-	0.01 %	$ 4.17 B	USA
PCTEL PCTI	45.7 M	-	-0.14 %	$ 127 M	USA
Sierra Wireless SWIR	157 M	-	0.03 %	$ 1.62 B	Canada
Vislink Technologies VISL	8.6 M	-	-	$ 5.95 M	USA
Wireless Telecom Group WTT	12.8 M	-	0.24 %	$ 46.2 M	USA
Infinera Corporation INFN	545 M	-	-	$ 1.51 B	USA
Iteris ITI	64.6 M	-	-	$ 308 M	USA
UTStarcom Holdings Corp. UTSI	1.05 M	$ 2.25	0.42 %	$ 20.7 M	China
ADTRAN ADTN	415 M	$ 7.58	6.76 %	$ 604 M	USA
Acacia Communications, Inc. ACIA	284 M	-	-	$ 4.9 B	USA
Airgain AIRG	22.5 M	$ 5.47	4.19 %	$ 64.8 M	USA
Allot Ltd. ALLT	72.6 M	$ 7.71	0.92 %	$ 340 M	Israel
AmpliTech Group AMPG	6.03 M	$ 3.57	5.79 %	$ 74.9 M	USA
AudioCodes Ltd. AUDC	160 M	$ 9.94	1.6 %	$ 283 M	Israel
Aviat Networks AVNW	138 M	$ 19.7	0.3 %	$ 253 M	USA
BK Technologies Corporation BKTI	42 M	$ 72.39	0.45 %	$ 266 M	USA
Communications Systems, Inc. JCS	17.2 M	-	1.28 %	$ 16.3 M	USA
Boxlight Corporation BOXL	33.6 M	$ 5.88	3.5 %	$ 3.71 M	USA
CalAmp Corp. CAMP	109 M	$ 4.4	1.59 %	$ 159 M	USA
Донской завод радиодеталей DZRD	230 M	-	-	-	Russia
EXFO Inc. EXFO	151 M	-	0.08 %	$ 356 M	Canada
Vocera Communications, Inc. VCRA	129 M	-	-1.5 %	$ 2.03 B	USA
Ciena Corporation CIEN	2 B	$ 341.29	6.33 %	$ 48.5 B	USA
Clearfield CLFD	50.5 M	$ 28.9	0.87 %	$ 404 M	USA
ClearOne CLRO	-328 K	$ 5.01	0.39 %	$ 8.85 M	USA
Comtech Telecommunications Corp. CMTL	128 M	$ 1.57	0.64 %	$ 46.2 M	USA
Ceragon Networks Ltd. CRNT	115 M	$ 2.05	0.06 %	$ 184 M	Israel
Cisco Systems CSCO	40.9 B	$ 109.17	0.23 %	$ 432 B	USA
Digi International DGII	271 M	$ 69.91	0.79 %	$ 2.58 B	USA
Telefonaktiebolaget LM Ericsson (publ) ERIC	113 B	$ 10.07	0.15 %	$ 33.6 B	Schweden
Extreme Networks EXTR	709 M	$ 21.65	0.02 %	$ 2.86 B	USA
Frequency Electronics FEIM	30.1 M	$ 65.28	7.6 %	$ 627 M	USA
Gilat Satellite Networks Ltd. GILT	133 M	$ 9.94	0.73 %	$ 591 M	Israel
Harmonic HLIT	175 M	$ 11.96	1.53 %	$ 1.36 B	USA
Hewlett Packard Enterprise Company HPE	9.49 B	$ 56.03	7.75 %	$ 74.2 B	USA
Inseego Corp. INSG	71 M	$ 4.36	2.83 %	$ 66 M	USA