Adeia (ADEA) Gross Margin (2019 - 2022)
Adeia recorded quarterly Gross Margin of 64.66% in Q3 2022, down 13.65% quarter-over-quarter from 74.89% in Q2 2022, and down 331.0% year-over-year from 27.99% in Q3 2021.
Adeia's Gross Margin history runs 4 years deep, the most recent figure standing at 64.66% for Q3 2022.
- In Q3 2022, Gross Margin fell 331.0% year-over-year to 64.66%; the TTM figure through Sep 2022 stood at 70.49% (up 786.0% YoY), while the FY2021 annual figure was 67.6%, down 1721.0% from the prior year.
- Gross Margin came in at 64.66% for Q3 2022 at Adeia, down from 74.89% in the prior quarter.
- In the past five years, Gross Margin ranged from a high of 99.92% in Q3 2019 to a low of 19.22% in Q4 2020.
- A 4-year average of 77.99% and a median of 77.45% in 2022 frame the typical range for Gross Margin.
- Across the five-year window, Gross Margin sank 7803 bps in 2020 and jumped 3709 bps in 2021, its largest moves.
- Adeia's Gross Margin stood at 97.25% in 2019, then sank by 80 bps to 19.22% in 2020, then surged by 193 bps to 56.31% in 2021, then climbed by 15 bps to 64.66% in 2022.
- According to Business Quant data, Gross Margin over the past three periods registered 64.66%, 74.89%, and 80.01% for Q3 2022, Q2 2022, and Q1 2022 respectively.
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Sap Se | 253.17 Bn | 235.20 Bn | 8.16 Bn | 72.98% |
| 2 | Salesforce | 171.07 Bn | 161.50 Bn | 8.69 Bn | 77.61% |
| 3 | Uber Technologies | 151.10 Bn | 150.06 Bn | 11.88 Bn | 89.96% |
| 4 | Shopify | 134.25 Bn | 128.50 Bn | 1.55 Bn | 48.77% |
| 5 | ServiceNow | 105.72 Bn | 100.54 Bn | 2.83 Bn | 75.07% |
| 6 | Cadence Design Systems | 101.64 Bn | 100.23 Bn | 1.26 Bn | 85.65% |
| 7 | Adobe | 100.35 Bn | 93.46 Bn | 5.73 Bn | 89.62% |
| 8 | Automatic Data Processing | 90.91 Bn | 87.68 Bn | 2.87 Bn | 48.28% |
| 9 | Intuit | 88.30 Bn | 81.52 Bn | 6.77 Bn | 79.05% |
| 10 | Adeia | 2.94 Bn | 2.83 Bn | - | - |
Historic Data
Download Data| Date | Value |
|---|---|
| Sep 30, 2022 | 64.66% |
| Jun 30, 2022 | 74.89% |
| Mar 31, 2022 | 80.01% |
| Dec 31, 2021 | 56.31% |
| Sep 30, 2021 | 67.98% |
| Jun 30, 2021 | 73.60% |
| Mar 31, 2021 | 71.30% |
| Dec 31, 2020 | 19.22% |
| Sep 30, 2020 | 89.22% |
| Jun 30, 2020 | 98.96% |
| Mar 31, 2020 | 98.69% |
| Dec 31, 2019 | 97.25% |
| Sep 30, 2019 | 99.92% |
| Jun 30, 2019 | 99.91% |