Clearone (CLRO) Net Margin (2010 - 2024)
Clearone (CLRO) posted Net Margin of 122.4% for Q2 2024, down 133.57% on a QoQ basis from 52.4% in Q1 2024, and down 10381.0% year-over-year from N/an in Q3 2023.
Analysis
Clearone (CLRO) Net Margin (2010 - 2024) Analysis & Trends
Clearone has reported Net Margin for 15 years, with the latest figure at 122.4% in Q2 2024.
- On a quarterly basis, Net Margin fell 10381.0% year-over-year to 122.4% in Q2 2024; TTM through Mar 2025 was 410.29%, a 39558.0% decrease from a year earlier, with the FY2023 full-year figure at 8.57%, down 9526.0% from the prior year.
- Net Margin was 122.4% for Q2 2024 at Clearone, down from 52.4% in the prior quarter.
- The five-year high for Net Margin was 629.74% in Q4 2022, with the low at 122.4% in Q2 2024.
- Average Net Margin over 5 years is 15.42%, with a median of 20.21% recorded in 2021.
- The sharpest annual moves came in 2022 and 2023: Net Margin soared 64214 bps in 2022, then slumped 59125 bps in 2023.
- Over 5 years, Net Margin stood at 64.78% in 2020, then tumbled by 119 bps to 12.4% in 2021, then surged by 5179 bps to 629.74% in 2022, then sank by 94 bps to 38.49% in 2023, then slumped by 418 bps to 122.4% in 2024.
- The last three Net Margin figures came in at 122.4% (Q2 2024), 52.4% (Q1 2024), and 38.49% (Q4 2023), per Business Quant data.
Peer Set
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Twilio | 35.77 Bn | 33.11 Bn | 725.87 Mn | 71.19% |
| 2 | Zoom Communications | 29.62 Bn | 22.37 Bn | 985.50 Mn | 120.77% |
| 3 | Nice | 6.38 Bn | 6.02 Bn | 995.81 Mn | 8.38% |
| 4 | RingCentral | 6.14 Bn | 6.03 Bn | 472.31 Mn | 5.95% |
| 5 | Five9 | 2.49 Bn | 1.83 Bn | 166.74 Mn | 1.08% |
| 6 | Bandwidth | 1.35 Bn | 1.17 Bn | 78.54 Mn | 1.09% |
| 7 | Consensus Cloud Solutions | 648.68 Mn | 549.78 Mn | 73.07 Mn | 29.96% |
| 8 | Ooma | 640.32 Mn | 622.79 Mn | 50.99 Mn | 3.56% |
| 9 | Agora | 498.86 Mn | 423.01 Mn | 25.74 Mn | 5.44% |
| 10 | Clearone | 13.62 Mn | 13.62 Mn | -70,000.00 | - |
Historic Data
Download Data
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -122.40% |
| Mar 31, 2024 | -52.40% |
| Dec 31, 2023 | 38.49% |
| Sep 30, 2023 | -27.63% |
| Jun 30, 2023 | -18.58% |
| Mar 31, 2023 | -19.91% |
| Dec 31, 2022 | 629.74% |
| Sep 30, 2022 | -19.92% |
| Jun 30, 2022 | -3.48% |
| Mar 31, 2022 | -26.07% |
| Dec 31, 2021 | -12.40% |
| Sep 30, 2021 | -31.02% |
| Jun 30, 2021 | -20.50% |
| Mar 31, 2021 | -23.52% |
| Dec 31, 2020 | 64.78% |
| Sep 30, 2020 | -14.98% |
| Jun 30, 2020 | -30.47% |
| Mar 31, 2020 | -32.21% |
| Dec 31, 2019 | -2.77% |
| Sep 30, 2019 | -32.98% |