GURUFOCUS.COM » STOCK LIST » Healthcare » Healthcare Providers & Services » Medidata Solutions Inc (NAS:MDSO) » Definitions » Gross Profit

Medidata Solutions (Medidata Solutions) Gross Profit : $503.6 Mil (TTM As of Jun. 2019)


View and export this data going back to 2009. Start your Free Trial

What is Medidata Solutions Gross Profit?

Medidata Solutions's gross profit for the three months ended in Jun. 2019 was $130.9 Mil. Medidata Solutions's gross profit for the trailing twelve months (TTM) ended in Jun. 2019 was $503.6 Mil.

Gross Margin % is calculated as gross profit divided by its revenue. Medidata Solutions's gross profit for the three months ended in Jun. 2019 was $130.9 Mil. Medidata Solutions's Revenue for the three months ended in Jun. 2019 was $180.5 Mil. Therefore, Medidata Solutions's Gross Margin % for the quarter that ended in Jun. 2019 was 72.51%.

Medidata Solutions had a gross margin of 72.51% for the quarter that ended in Jun. 2019 => Durable competitive advantage


Medidata Solutions Gross Profit Historical Data

The historical data trend for Medidata Solutions's Gross Profit can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Medidata Solutions Gross Profit Chart

Medidata Solutions Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Gross Profit
Get a 7-Day Free Trial Premium Member Only Premium Member Only 250.15 302.72 345.88 417.41 476.54

Medidata Solutions Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
Gross Profit Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 118.40 121.18 124.06 127.50 130.86

Competitive Comparison of Medidata Solutions's Gross Profit

For the Health Information Services subindustry, Medidata Solutions's Gross Profit, along with its competitors' market caps and Gross Profit data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Medidata Solutions's Gross Profit Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Medidata Solutions's Gross Profit distribution charts can be found below:

* The bar in red indicates where Medidata Solutions's Gross Profit falls into.



Medidata Solutions Gross Profit Calculation

Gross Profit is the different between the sale prices and the cost of buying or producing the goods.

Medidata Solutions's Gross Profit for the fiscal year that ended in Dec. 2018 is calculated as

Gross Profit (A: Dec. 2018 )=Revenue - Cost of Goods Sold
=635.696 - 159.159
=476.5

Medidata Solutions's Gross Profit for the quarter that ended in Jun. 2019 is calculated as

Gross Profit (Q: Jun. 2019 )=Revenue - Cost of Goods Sold
=180.46 - 49.602
=130.9

Gross Profit for the trailing twelve months (TTM) ended in Jun. 2019 adds up the quarterly data reported by the company within the most recent 12 months, which was $503.6 Mil.

Gross Profit is the numerator in the calculation of Gross Margin.

Medidata Solutions's Gross Margin % for the quarter that ended in Jun. 2019 is calculated as

Gross Margin % (Q: Jun. 2019 )=Gross Profit (Q: Jun. 2019 ) / Revenue (Q: Jun. 2019 )
=(Revenue - Cost of Goods Sold) / Revenue
=130.9 / 180.46
=72.51 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

A positive Gross Profit is only the first step for a company to make a net profit. The gross profit needs to be big enough to also cover related labor, equipment, rental, marketing/advertising, research and development and a lot of other costs in selling the products.


Medidata Solutions  (NAS:MDSO) Gross Profit Explanation

Warren Buffett believes that firms with excellent long term economics tend to have consistently higher margins.

Durable competitive advantage creates a high Gross Margin % because of the freedom to price in excess of cost. Companies can be categorized by their Gross Margin %

1. Greater than 40% = Durable competitive advantage
2. Less than 40% = Competition eroding margins
3. Less than 20% = no sustainable competitive advantage
Consistency of Gross Margin is key

Medidata Solutions had a gross margin of 72.51% for the quarter that ended in Jun. 2019 => Durable competitive advantage


Medidata Solutions Gross Profit Related Terms

Thank you for viewing the detailed overview of Medidata Solutions's Gross Profit provided by GuruFocus.com. Please click on the following links to see related term pages.


Medidata Solutions (Medidata Solutions) Business Description

Traded in Other Exchanges
N/A
Address
350 Hudson Street, 9th Floor, New York, NY, USA, 10014
Medidata Solutions Inc provides cloud-based solutions for the clinical development programs of life sciences companies. Its customers include biopharmaceutical companies, device makers, contract research organizations, and academic institutions. The majority of the company's business comes from subscriptions to the Medidata Clinical Cloud, with the remainder of revenue coming from services. The Medidata Clinical Cloud provides solutions for study design and planning, data capture, patient activity measurement, risk-based monitoring, and payments. The services segment includes technology and support services and professional consulting services. The majority of the firm's revenue is generated within the United States.
Executives
Carlos Dominguez director C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003
Lee Shapiro director C/O ALLSCRIPTS HEALTCHARE SOLUTIONS, 2401 COMMERCE DR, LIBERTYVILLE IL 60048
Michael L Capone officer: Chief Operating Officer C/O DYNATRACE HOLDINGS LLC, 1601 TRAPELO ROAD, SUITE 116, WALTHAM MA 02451
Eileen Schloss officer: OUTGOING EVP, HUMAN RESOURCES C/O MEDIDATA SOLUTIONS, INC., 79 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10003
Alan Mateo officer: EVP, Field Operations C/O VEEVA SYSTEMS, 4280 HACIENDA DRIVE, PLEASANTON CA 94588
Insight Holdings Group, Llc 10 percent owner 1114 AVENUE OF THE AMERICAS, 36TH FLOOR, NEW YORK NY 10036

Medidata Solutions (Medidata Solutions) Headlines

From GuruFocus

Columbia Wanger's Largest Trades in 3rd Quarter

By Tiziano Frateschi Tiziano Frateschi 11-11-2016

Medidata Solutions Inc. (MDSO) Chairman & CEO Tarek Sherif sells 13,667 Shares

By GuruFocus Research GuruFocus Editor 02-08-2011