CareCloud (CCLD) Gross Margin (2013 - 2023)
CareCloud's Gross Margin came in at 37.64% for Q3 2023, down 1.85 percentage points from 39.49% a year earlier and down 2.84 percentage points from the prior quarter.
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Analysis
CareCloud (CCLD) Gross Margin (2013 - 2023) Analysis & Trends
Over the trailing twelve months to Sep 30, 2023, CareCloud reported Gross Margin of 39.42%, up 1.37 percentage points year-over-year; for FY2022, it came in at 39.18%, up 1.44 percentage points from FY2021.
- Gross Margin carries a five-year change of -5.24 percentage points (FY2017 to FY2022).
- Going back by year, Gross Margin was 37.74% in FY2021 (-0.60 pp), 38.34% in FY2020 (+2.25 pp), 36.09% in FY2019 (-2.08 pp) and 38.17% in FY2018 (-6.25 pp).
- The Q3 2023 figure represents the lowest quarterly Gross Margin since Q1 2022.
- Year-over-year, Gross Margin increased in four of the last eight quarters, with an average year-over-year change of +0.10 percentage points.
- The fastest year-over-year change in Gross Margin over five years came in Q3 2019 (a gain of 8.61 percentage points), and the weakest in Q2 2019 (a drop of 18.13 percentage points).
- Business Quant data shows CCLD's Gross Margin at 40.48% (Q2 2023), 39.65% (Q1 2023) and 39.85% (Q4 2022) in the three quarters before Q3 2023.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Bryn | 945.00 Bn | 945.00 Bn | - | - |
| 2 | Veeva Systems | 45.35 Bn | 17.59 Bn | 695.95 Mn | 75.00% |
| 3 | Samsara | 22.20 Bn | 18.97 Bn | 392.58 Mn | 77.21% |
| 4 | Toast | 17.53 Bn | 10.20 Bn | 516.00 Mn | 27.04% |
| 5 | Ptc | 15.47 Bn | 14.28 Bn | 490.47 Mn | 81.74% |
| 6 | Trimble | 13.41 Bn | 12.48 Bn | 674.90 Mn | 69.43% |
| 7 | Duolingo | 12.56 Bn | 7.73 Bn | 216.74 Mn | 72.62% |
| 8 | Manhattan Associates | 11.77 Bn | 10.77 Bn | 168.33 Mn | 56.53% |
| 9 | Costar | 10.95 Bn | 4.91 Bn | 728.00 Mn | 78.70% |
| 10 | CareCloud | 87.11 Mn | 61.17 Mn | - | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Sep 30, 2023 | 37.64% |
| Jun 30, 2023 | 40.48% |
| Mar 31, 2023 | 39.65% |
| Dec 31, 2022 | 39.85% |
| Sep 30, 2022 | 39.49% |
| Jun 30, 2022 | 41.48% |
| Mar 31, 2022 | 35.85% |
| Dec 31, 2021 | 35.40% |
| Sep 30, 2021 | 37.02% |
| Jun 30, 2021 | 39.72% |
| Mar 31, 2021 | 39.33% |
| Dec 31, 2020 | 40.76% |
| Sep 30, 2020 | 37.68% |
| Jun 30, 2020 | 35.86% |
| Mar 31, 2020 | 37.96% |
| Dec 31, 2019 | 40.31% |
| Sep 30, 2019 | 37.48% |
| Jun 30, 2019 | 31.96% |
| Mar 31, 2019 | 34.70% |
| Dec 31, 2018 | 37.55% |
API Access
CareCloud Gross Margin API
Pull this series into your own models, spreadsheets and apps with the Business Quant
Historical Metrics API. The request below matches the chart above — change the
frequency, period or values and it follows. Swap YOUR_API_KEY for your own key.
https://data.businessquant.com/historic?slug=gross-margin&ticker=CCLD&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CCLD", "period": "max", "api_key": "YOUR_API_KEY"}
data = requests.get(url, params=params).json()const res = await fetch("https://data.businessquant.com/historic?slug=gross-margin&ticker=CCLD&period=max&api_key=YOUR_API_KEY");
const data = await res.json();