Clearone (CLRO) Net Margin (2010 - 2024)
Clearone (CLRO) posted Net Margin of -122.40% for Q2 2024, down 103.81 percentage points from -18.58% a year earlier and down 69.99 percentage points from the prior quarter.
Clearone (CLRO) Net Margin (2010 - 2024) Analysis & Trends
For FY2023, Clearone's Net Margin came in at -2.99%, down 84.55 percentage points from FY2022.
- Annual Net Margin shows a five-year change of +56.27 percentage points (FY2018 to FY2023).
- In prior years, Clearone's Net Margin was 81.56% in FY2022 (+108.12 pp), -26.56% in FY2021 (-28.30 pp), 1.74% in FY2020 (+35.31 pp) and -33.58% in FY2019 (+25.69 pp).
- The Q2 2024 figure stands as the lowest quarterly Net Margin since Q3 2018.
- On a year-over-year basis, Net Margin has declined in each of the last five quarters, with an average year-over-year change of -5.82 percentage points over the last eight quarters.
- The strongest year-over-year quarter for Net Margin in the past five years was Q4 2022, with a gain of 629.28 percentage points; the weakest was Q4 2023, with a drop of 533.96 percentage points.
- According to Business Quant data, Net Margin for the three prior quarters was -52.40% (Q1 2024), 63.60% (Q4 2023) and -27.63% (Q3 2023).
Peer Comparison
| # | Company | Market Cap | Enterprise Value | Gross Profit (Qtr) | Net Margin (Qtr) |
|---|---|---|---|---|---|
| 1 | Adobe | 90.32 Bn | 65.57 Bn | 6.00 Bn | 27.03% |
| 2 | Atlassian | 46.45 Bn | 39.73 Bn | 1.53 Bn | 7.87% |
| 3 | Twilio | 44.08 Bn | 34.07 Bn | 725.87 Mn | 71.19% |
| 4 | Autodesk | 43.30 Bn | 31.34 Bn | 1.87 Bn | 24.05% |
| 5 | Zoom Communications | 25.52 Bn | -5.27 Bn | 985.50 Mn | 120.77% |
| 6 | Figma | 10.74 Bn | 4.24 Bn | 309.61 Mn | -30.30% |
| 7 | Dropbox | 7.01 Bn | 2.65 Bn | 506.50 Mn | 15.17% |
| 8 | Nice | 6.59 Bn | 5.06 Bn | 995.81 Mn | 8.38% |
| 9 | RingCentral | 6.37 Bn | 5.87 Bn | 472.31 Mn | 5.95% |
| 10 | Clearone | 13.64 Mn | 13.64 Mn | -70,000.00 | - |
Historic Data
| Date | Value |
|---|---|
| Jun 30, 2024 | -122.40% |
| Mar 31, 2024 | -52.40% |
| Dec 31, 2023 | 63.60% |
| Sep 30, 2023 | -27.63% |
| Jun 30, 2023 | -18.58% |
| Mar 31, 2023 | -19.91% |
| Dec 31, 2022 | 597.56% |
| Sep 30, 2022 | -19.92% |
| Jun 30, 2022 | -3.48% |
| Mar 31, 2022 | -26.07% |
| Dec 31, 2021 | -31.71% |
| 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 | -31.38% |
| Sep 30, 2019 | -32.98% |
Clearone Net 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=net-margin&ticker=CLRO&period=max&api_key=YOUR_API_KEY
import requests
url = "https://data.businessquant.com/historic"
params = {"slug": "net-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=net-margin&ticker=CLRO&period=max&api_key=YOUR_API_KEY");
const data = await res.json();