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Azenta AZTA Gross margin

Gross margin at other companies

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58.5%-1.1pp
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28.9%+0.7pp
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IlluminaILMN
66.4%-0.2pp
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CryoPort, Inc.CYRX
47.1%+0.8pp
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Twist Bioscience CorporationTWST
52.1%+5.4pp
BioLife Solutions logo
BioLife SolutionsBLFS
67.2%

Other financials

Income statement

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Revenue$161.2M+12.0%
Gross profit$72.4M+9.0%
Operating income-$4.2M-126%
Net income$2.5M+105%
EPS (diluted)$0.05+105%

Balance sheet

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Cash & equivalents$70.8M
Total debt$54.0M
Total equity$1.5B-9.7%
Total assets$1.9B

Cash flow

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Operating cash flow$1.4M-94.4%
CapEx$6.6M-38.7%
Free cash flow$6.1M-12.7%

Valuation

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Market cap$1.42B+9.0%
Enterprise value$1.4B
P/S2.3×+0.2×

Profitability

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Operating margin-31.6%-59.7pp
Net margin-20%+1.5pp
FCF margin8.6%

Returns & leverage

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Return on equity-7.7%
Debt / equity
Current ratio2.5×

Where this comes from

Calculated from Azenta’s reported figures.

Based on trailing twelve months.

The source filing: Azenta’s 10-Q, filed May 9, 2024. Open the filing →

Filed
May 9, 2024
Fiscal quarter
Q2 FY2024
Calendar quarter
Q1 2024
Accession
0001558370-24-007628

FAQ

What is Azenta's gross margin?
Azenta (AZTA) reported gross margin of 40% in Q1 2024.
How has Azenta's gross margin changed year-over-year?
Azenta's gross margin decreased by 2.4% year-over-year, from 41% to 40%.
What is the long-term trend for Azenta's gross margin?
Over 2 years (2021 to 2023), Azenta's gross margin has grown at a -8.7% compound annual growth rate (CAGR), from 47.5% to 39.6%.
What does gross margin mean?
Gross profit (revenue minus cost of revenue) as a percentage of revenue, on a trailing-twelve-month basis. Measures how much of each sales dollar survives the direct cost of producing the goods or services sold.

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