Clearone annual gross margin
2010
2011
2012
2013
2014
2015
2016
2017
2018
2019
2020
2021
2022
2023
Clearone's gross margin was 33.99% for fiscal 2023.
View full Clearone company overview| Fiscal year | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| 2023 | 2023-12-31 | 33.99% | −3.53 pp |
| 2022 | 2022-12-31 | 37.52% | −3.62 pp |
| 2021 | 2021-12-31 | 41.14% | −2.07 pp |
| 2020 | 2020-12-31 | 43.20% | −1.49 pp |
| 2019 | 2019-12-31 | 44.70% | −2.79 pp |
| 2018 | 2018-12-31 | 47.49% | −9.94 pp |
| 2017 | 2017-12-31 | 57.43% | −3.19 pp |
| 2016 | 2016-12-31 | 60.63% | −2.91 pp |
| 2015 | 2015-12-31 | 63.53% | +2.53 pp |
| 2014 | 2014-12-31 | 61.00% | +0.79 pp |
| 2013 | 2013-12-31 | 60.21% | +1.33 pp |
| 2012 | 2012-12-31 | 58.87% | −0.92 pp |
| 2011 | 2011-12-31 | 59.79% | +0.11 pp |
| 2010 | 2010-12-31 | 59.69% | — |
| Fiscal quarter | Period ended | Gross margin | Change (percentage points) |
|---|---|---|---|
| Q2 2024 | 2024-06-30 | −0.87% | −34.57 pp |
| Q1 2024 | 2024-03-31 | 31.78% | +0.30 pp |
| Q4 2023 | 2023-12-31 | 37.99% | +6.55 pp |
| Q3 2023 | 2023-09-30 | 33.05% | −7.97 pp |
| Q2 2023 | 2023-06-30 | 33.70% | −4.36 pp |
| Q1 2023 | 2023-03-31 | 31.47% | −5.85 pp |
| Q4 2022 | 2022-12-31 | 31.43% | −5.19 pp |
| Q3 2022 | 2022-09-30 | 41.03% | +0.25 pp |
| Q2 2022 | 2022-06-30 | 38.06% | −6.21 pp |
| Q1 2022 | 2022-03-31 | 37.32% | −5.35 pp |
| Q4 2021 | 2021-12-31 | 36.63% | −5.20 pp |
| Q3 2021 | 2021-09-30 | 40.78% | −1.07 pp |
| Q2 2021 | 2021-06-30 | 44.27% | +3.08 pp |
| Q1 2021 | 2021-03-31 | 42.67% | −6.83 pp |
| Q4 2020 | 2020-12-31 | 41.83% | −5.81 pp |
| Q3 2020 | 2020-09-30 | 41.84% | −0.49 pp |
| Q2 2020 | 2020-06-30 | 41.18% | −4.60 pp |
| Q1 2020 | 2020-03-31 | 49.49% | +6.61 pp |
| Q4 2019 | 2019-12-31 | 47.64% | +5.46 pp |
| Q3 2019 | 2019-09-30 | 42.34% | −2.25 pp |
| Q2 2019 | 2019-06-30 | 45.78% | −0.84 pp |
| Q1 2019 | 2019-03-31 | 42.89% | −13.35 pp |
| Q4 2018 | 2018-12-31 | 42.17% | −9.18 pp |
| Q3 2018 | 2018-09-30 | 44.59% | −17.05 pp |
| Q2 2018 | 2018-06-30 | 46.62% | −12.24 pp |
| Q1 2018 | 2018-03-31 | 56.24% | −0.95 pp |
| Q4 2017 | 2017-12-31 | 51.36% | −1.67 pp |
| Q3 2017 | 2017-09-30 | 61.64% | +2.23 pp |
| Q2 2017 | 2017-06-30 | 58.86% | −5.19 pp |
| Q1 2017 | 2017-03-31 | 57.18% | −7.77 pp |
| Q4 2016 | 2016-12-31 | 53.03% | −10.52 pp |
| Q3 2016 | 2016-09-30 | 59.41% | −4.62 pp |
| Q2 2016 | 2016-06-30 | 64.05% | −0.11 pp |
| Q1 2016 | 2016-03-31 | 64.95% | +2.67 pp |
| Q4 2015 | 2015-12-31 | 63.55% | −1.05 pp |
| Q3 2015 | 2015-09-30 | 64.02% | +2.77 pp |
| Q2 2015 | 2015-06-30 | 64.16% | +7.01 pp |
| Q1 2015 | 2015-03-31 | 62.28% | +1.68 pp |
| Q4 2014 | 2014-12-31 | 64.60% | +4.52 pp |
| Q3 2014 | 2014-09-30 | 61.25% | +1.04 pp |
| Q2 2014 | 2014-06-30 | 57.15% | −1.50 pp |
| Q1 2014 | 2014-03-31 | 60.61% | −1.37 pp |
| Q4 2013 | 2013-12-31 | 60.08% | +3.23 pp |
| Q3 2013 | 2013-09-30 | 60.21% | +2.17 pp |
| Q2 2013 | 2013-06-30 | 58.65% | −2.21 pp |
| Q1 2013 | 2013-03-31 | 61.98% | +1.82 pp |
| Q4 2012 | 2012-12-31 | 56.85% | −2.58 pp |
| Q3 2012 | 2012-09-30 | 58.04% | −2.57 pp |
| Q2 2012 | 2012-06-30 | 60.86% | +0.67 pp |
| Q1 2012 | 2012-03-31 | 60.15% | +1.26 pp |
| Q4 2011 | 2011-12-31 | 59.42% | — |
| Q3 2011 | 2011-09-30 | 60.61% | — |
| Q2 2011 | 2011-06-30 | 60.19% | — |
| Q1 2011 | 2011-03-31 | 58.89% | — |
Over the last five reported fiscal years, Clearone's gross margin decreased from 47.49% to 33.99%, a change of −13.50 percentage points. The latest reported quarter, Q2 2024, shows −0.87%.
Gross margin measures the percentage of revenue remaining after the direct costs of producing goods or services. It helps show how efficiently a company turns sales into gross profit before operating expenses.
TickerStat calculates gross margin as SEC-reported gross profit divided by SEC-reported revenue for the same fiscal period. Changes are shown in percentage points. Fiscal periods can differ from calendar years, so exact period-end dates are included.
Review Clearone filings at SEC.gov ↗