Adeia (ADEA) Gross Margin (2019 - 2022)
Adeia (ADEA) posted Gross Margin of 64.66% for Q3 2022, down 13.65% sequentially from 74.89% in Q2 2022, and down 331.0% YoY from 27.99% in Q3 2021.
Adeia (ADEA) Gross Margin (2019 - 2022) Analysis & Trends
Adeia has reported Gross Margin for 4 years, with the latest figure at 64.66% in Q3 2022.
- Quarterly Gross Margin fell 331.0% year-over-year to 64.66% in Q3 2022, while the trailing twelve-month figure through Sep 2022 was 70.49% (up 1286.0% YoY) and the FY2021 annual result came in at 67.6%, down 1721.0% from the prior year.
- Gross Margin fell to 64.66% in Q3 2022 per ADEA's latest filing, from 74.89% in the prior quarter.
- Over five years, Gross Margin peaked at 99.96% in Q1 2020 and troughed at 11.83% in Q4 2020.
- A 4-year average of 75.35% and a median of 77.45% in 2022 frame the typical range for Gross Margin.
- The sharpest annual moves came in 2020 and 2021: Gross Margin tumbled 10279 bps in 2020, then soared 6814 bps in 2021.
- Over 4 years, Gross Margin stood at 90.95% in 2019, then sank by 113 bps to 11.83% in 2020, then jumped by 576 bps to 56.31% in 2021, then grew 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 | 255.48 Bn | 234.41 Bn | 16.51 Bn | 73.08% |
| 2 | Shopify | 198.95 Bn | 194.00 Bn | 1.71 Bn | 47.67% |
| 3 | Salesforce | 160.70 Bn | 148.86 Bn | 8.56 Bn | 76.92% |
| 4 | Uber Technologies | 154.94 Bn | 149.73 Bn | 6.38 Bn | 44.93% |
| 5 | ServiceNow | 128.25 Bn | 123.58 Bn | 2.82 Bn | 70.68% |
| 6 | Snowflake | 114.00 Bn | 111.05 Bn | 926.45 Mn | 66.61% |
| 7 | Automatic Data Processing | 108.58 Bn | 104.35 Bn | 2.51 Bn | 45.88% |
| 8 | Adobe | 105.34 Bn | 99.72 Bn | 5.90 Bn | 89.20% |
| 9 | Intuit | 94.55 Bn | 87.77 Bn | 7.24 Bn | 84.61% |
| 10 | Adeia | 3.29 Bn | 3.15 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 | -11.83% |
| Sep 30, 2020 | 93.98% |
| Jun 30, 2020 | 98.96% |
| Mar 31, 2020 | 99.96% |
| Dec 31, 2019 | 90.95% |
| Sep 30, 2019 | 97.47% |
| Jun 30, 2019 | 96.73% |