IGM Gross Profit from 2010 to 2024

IGMS Stock  USD 9.40  0.51  5.74%   
IGM Biosciences Gross Profit yearly trend continues to be comparatively stable with very little volatility. Gross Profit is likely to outpace its year average in 2024. Gross Profit is the profit IGM Biosciences makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. View All Fundamentals
 
Gross Profit  
First Reported
2010-12-31
Previous Quarter
-211.7 M
Current Value
-201.1 M
Quarterly Volatility
70.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check IGM Biosciences financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among IGM Biosciences' main balance sheet or income statement drivers, such as Discontinued Operations of 0.0, Depreciation And Amortization of 8.7 M or Interest Expense of 8.3 M, as well as many indicators such as Price To Sales Ratio of 194, Dividend Yield of 0.0 or PTB Ratio of 2.25. IGM financial statements analysis is a perfect complement when working with IGM Biosciences Valuation or Volatility modules.
  
Check out the analysis of IGM Biosciences Correlation against competitors.
For more information on how to buy IGM Stock please use our How to Invest in IGM Biosciences guide.

Latest IGM Biosciences' Gross Profit Growth Pattern

Below is the plot of the Gross Profit of IGM Biosciences over the last few years. Gross profit is a required income statement account that reflects total revenue of IGM Biosciences minus its cost of goods sold. It is profit before IGM Biosciences operating expenses, interest payments and taxes. Gross profit is also known as gross margin. It is the profit a company makes after deducting the costs associated with making and selling its products, or the costs associated with providing its services. IGM Biosciences' Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in IGM Biosciences' overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 1.07 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

IGM Gross Profit Regression Statistics

Arithmetic Mean(32,903,067)
Geometric Mean8,197,387
Coefficient Of Variation(214.75)
Mean Deviation46,257,449
Median(4,397,000)
Standard Deviation70,658,441
Sample Variance4992.6T
Range212.7M
R-Value(0.60)
Mean Square Error3449.3T
R-Squared0.36
Significance0.02
Slope(9,459,689)
Total Sum of Squares69896.6T

IGM Gross Profit History

2024-201.1 M
2023-211.7 M
20221.1 M
2021-7.7 M
2020-3.6 M
2019-22.6 M
2018-12.8 M

Other Fundumenentals of IGM Biosciences

IGM Biosciences Gross Profit component correlations

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-0.790.3-0.850.48-0.92-0.77-0.25-0.87-0.8-0.82-0.75-0.57-0.67-0.8-0.68
-0.8-0.09-0.720.48-0.25-0.89-0.93-0.64-0.78-0.76-0.76-0.98-0.2-0.9-0.88
0.7-0.460.8-0.92-0.250.66-0.020.860.720.740.720.350.860.620.58
0.95-0.150.94-0.77-0.890.660.70.910.940.930.940.920.590.960.96
0.650.070.5-0.25-0.93-0.020.70.430.630.610.590.910.020.740.71
0.95-0.370.98-0.87-0.640.860.910.430.960.970.960.740.830.830.89
1.0-0.350.97-0.8-0.780.720.940.630.961.00.980.860.730.880.95
1.0-0.350.98-0.82-0.760.740.930.610.971.00.980.840.740.870.94
0.98-0.380.97-0.75-0.760.720.940.590.960.980.980.830.780.860.95
0.870.020.79-0.57-0.980.350.920.910.740.860.840.830.310.910.91
0.71-0.740.75-0.67-0.20.860.590.020.830.730.740.780.310.460.57
0.89-0.140.86-0.8-0.90.620.960.740.830.880.870.860.910.460.89
0.96-0.130.94-0.68-0.880.580.960.710.890.950.940.950.910.570.89
Click cells to compare fundamentals

About IGM Biosciences Financial Statements

IGM Biosciences shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although IGM Biosciences investors may analyze each financial statement separately, they are all interrelated. The changes in IGM Biosciences' assets and liabilities, for example, are also reflected in the revenues and expenses on on IGM Biosciences' income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.
Last ReportedProjected for Next Year
Gross Profit-211.7 M-201.1 M
Gross Profit Margin(99.37)(104.34)

Thematic Opportunities

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Additional Tools for IGM Stock Analysis

When running IGM Biosciences' price analysis, check to measure IGM Biosciences' market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy IGM Biosciences is operating at the current time. Most of IGM Biosciences' value examination focuses on studying past and present price action to predict the probability of IGM Biosciences' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move IGM Biosciences' price. Additionally, you may evaluate how the addition of IGM Biosciences to your portfolios can decrease your overall portfolio volatility.