Clearone (CLRO) Gross Margin (2010 - 2024)
Clearone (CLRO) recorded Gross Margin of -0.87% in Q2 2024, down 34.57 percentage points from 33.70% a year earlier and down 32.65 percentage points from the prior quarter.
Powered by 
Analysis
Clearone (CLRO) Gross Margin (2010 - 2024) Analysis & Trends
For FY2023, Clearone reported Gross Margin of 33.99%, down 3.53 percentage points from FY2022.
- Annual Gross Margin has declined for eight straight years, with a five-year change of -13.50 percentage points (FY2018 to FY2023).
- Across earlier years, Gross Margin came in at 37.52% in FY2022 (-3.62 pp), 41.14% in FY2021 (-2.07 pp), 43.20% in FY2020 (-1.49 pp) and 44.70% in FY2019 (-2.79 pp).
- The Q2 2024 figure is the lowest quarterly Gross Margin in data going back to Q2 2010.
- On a year-over-year basis, Gross Margin rose in three of the last eight quarters, with an average year-over-year change of -6.35 percentage points.
- Peak year-over-year performance for Gross Margin in the last five years was a gain of 6.61 percentage points in Q1 2020, against a drop of 34.57 percentage points in Q2 2024 at the low end.
- Per Business Quant, the preceding three quarters came in at 31.78% (Q1 2024), 37.99% (Q4 2023) and 33.05% (Q3 2023).
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Gross Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 88.71% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 86.50% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 48.42% |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 91.40% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 77.16% |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | 83.66% |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 80.21% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 64.21% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 71.89% |
| 10 | Clearone | 13.64 Mn | 13.64 Mn | -70,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -0.87% |
| Mar 31, 2024 | 31.78% |
| Dec 31, 2023 | 37.99% |
| Sep 30, 2023 | 33.05% |
| Jun 30, 2023 | 33.70% |
| Mar 31, 2023 | 31.47% |
| Dec 31, 2022 | 31.43% |
| Sep 30, 2022 | 41.03% |
| Jun 30, 2022 | 38.06% |
| Mar 31, 2022 | 37.32% |
| Dec 31, 2021 | 36.63% |
| Sep 30, 2021 | 40.78% |
| Jun 30, 2021 | 44.27% |
| Mar 31, 2021 | 42.67% |
| Dec 31, 2020 | 41.83% |
| Sep 30, 2020 | 41.84% |
| Jun 30, 2020 | 41.18% |
| Mar 31, 2020 | 49.49% |
| Dec 31, 2019 | 47.64% |
| Sep 30, 2019 | 42.34% |
API Access
Clearone 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=CLRO&period=max&api_key=YOUR_API_KEYimport requests
url = "https://data.businessquant.com/historic"
params = {"slug": "gross-margin", "ticker": "CLRO", "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=CLRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();