Performant Gross Profit from 2010 to 2024

PFMT Stock  USD 3.16  0.01  0.32%   
Performant Financial 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 Performant Financial 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
2011-03-31
Previous Quarter
-2.7 M
Current Value
-2.1 M
Quarterly Volatility
15.7 M
 
Credit Downgrade
 
Yuan Drop
 
Covid
Check Performant Financial financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Performant Financial's main balance sheet or income statement drivers, such as Depreciation And Amortization of 6.4 M, Interest Expense of 1.9 M or Selling General Administrative of 96.1 M, as well as many indicators such as Price To Sales Ratio of 1.69, Dividend Yield of 0.0 or PTB Ratio of 3.1. Performant financial statements analysis is a perfect complement when working with Performant Financial Valuation or Volatility modules.
  
Check out the analysis of Performant Financial Correlation against competitors.
For more information on how to buy Performant Stock please use our How to Invest in Performant Financial guide.

Latest Performant Financial's Gross Profit Growth Pattern

Below is the plot of the Gross Profit of Performant Financial over the last few years. Gross profit is a required income statement account that reflects total revenue of Performant Financial minus its cost of goods sold. It is profit before Performant Financial 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. Performant Financial's Gross Profit historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Performant Financial's overall financial position and show how it may be relating to other accounts over time.
ViewLast Reported 23.87 M10 Years Trend
Slightly volatile
   Gross Profit   
       Timeline  

Performant Gross Profit Regression Statistics

Arithmetic Mean61,948,760
Geometric Mean35,539,773
Coefficient Of Variation90.84
Mean Deviation42,113,691
Median59,524,000
Standard Deviation56,275,330
Sample Variance3166.9T
Range169.9M
R-Value(0.86)
Mean Square Error876.9T
R-Squared0.74
Significance0.000036
Slope(10,845,879)
Total Sum of Squares44336.8T

Performant Gross Profit History

2024-5.8 M
2023-6.1 M
2022-6.9 M
2021-1.3 M
202055.3 M
201935.2 M
201859.5 M

Other Fundumenentals of Performant Financial

Performant Financial Gross Profit component correlations

-0.010.710.370.830.190.84-0.710.750.810.87-0.040.79-0.590.63-0.640.75-0.730.840.00.69-0.28-0.63
-0.010.44-0.80.280.46-0.420.1-0.22-0.560.35-0.21-0.550.590.30.73-0.610.52-0.45-0.26-0.230.320.32
0.710.44-0.160.860.120.33-0.730.570.360.75-0.080.28-0.260.59-0.10.21-0.360.31-0.060.53-0.2-0.45
0.37-0.8-0.160.18-0.030.77-0.280.550.78-0.030.240.7-0.810.2-0.890.81-0.750.630.270.59-0.46-0.67
0.830.280.860.180.310.6-0.780.80.560.72-0.030.43-0.530.8-0.370.44-0.60.48-0.010.79-0.32-0.72
0.190.460.12-0.030.310.170.170.17-0.090.23-0.26-0.150.070.50.1-0.030.05-0.07-0.320.170.21-0.11
0.84-0.420.330.770.60.17-0.540.760.940.55-0.040.92-0.730.42-0.910.96-0.80.92-0.010.75-0.25-0.66
-0.710.1-0.73-0.28-0.780.17-0.54-0.85-0.62-0.450.1-0.550.67-0.430.5-0.540.74-0.520.03-0.710.370.69
0.75-0.220.570.550.80.170.76-0.850.750.38-0.230.64-0.820.57-0.680.72-0.860.61-0.180.9-0.27-0.83
0.81-0.560.360.780.56-0.090.94-0.620.750.510.120.95-0.80.36-0.950.96-0.850.940.160.76-0.4-0.72
0.870.350.75-0.030.720.230.55-0.450.380.510.060.52-0.190.58-0.270.41-0.350.620.070.37-0.15-0.31
-0.04-0.21-0.080.24-0.03-0.26-0.040.1-0.230.120.06-0.04-0.230.25-0.08-0.07-0.14-0.030.99-0.04-0.81-0.31
0.79-0.550.280.70.43-0.150.92-0.550.640.950.52-0.04-0.660.17-0.920.97-0.750.990.010.61-0.22-0.51
-0.590.59-0.26-0.81-0.530.07-0.730.67-0.82-0.8-0.19-0.23-0.66-0.490.81-0.740.97-0.61-0.28-0.780.610.93
0.630.30.590.20.80.50.42-0.430.570.360.580.250.17-0.49-0.20.23-0.520.240.230.56-0.48-0.7
-0.640.73-0.1-0.89-0.370.1-0.910.5-0.68-0.95-0.27-0.08-0.920.81-0.2-0.970.83-0.88-0.13-0.690.360.66
0.75-0.610.210.810.44-0.030.96-0.540.720.960.41-0.070.97-0.740.23-0.97-0.810.95-0.020.69-0.23-0.6
-0.730.52-0.36-0.75-0.60.05-0.80.74-0.86-0.85-0.35-0.14-0.750.97-0.520.83-0.81-0.72-0.2-0.760.560.88
0.84-0.450.310.630.48-0.070.92-0.520.610.940.62-0.030.99-0.610.24-0.880.95-0.720.020.58-0.21-0.49
0.0-0.26-0.060.27-0.01-0.32-0.010.03-0.180.160.070.990.01-0.280.23-0.13-0.02-0.20.02-0.02-0.84-0.34
0.69-0.230.530.590.790.170.75-0.710.90.760.37-0.040.61-0.780.56-0.690.69-0.760.58-0.02-0.27-0.87
-0.280.32-0.2-0.46-0.320.21-0.250.37-0.27-0.4-0.15-0.81-0.220.61-0.480.36-0.230.56-0.21-0.84-0.270.66
-0.630.32-0.45-0.67-0.72-0.11-0.660.69-0.83-0.72-0.31-0.31-0.510.93-0.70.66-0.60.88-0.49-0.34-0.870.66
Click cells to compare fundamentals

About Performant Financial Financial Statements

Performant Financial shareholders use historical fundamental indicators, such as Gross Profit, to determine how well the company is positioned to perform in the future. Although Performant Financial investors may analyze each financial statement separately, they are all interrelated. The changes in Performant Financial's assets and liabilities, for example, are also reflected in the revenues and expenses on on Performant Financial's 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-6.1 M-5.8 M
Gross Profit Margin(0.05)(0.05)

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Additional Tools for Performant Stock Analysis

When running Performant Financial's price analysis, check to measure Performant Financial's 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 Performant Financial is operating at the current time. Most of Performant Financial's value examination focuses on studying past and present price action to predict the probability of Performant Financial's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Performant Financial's price. Additionally, you may evaluate how the addition of Performant Financial to your portfolios can decrease your overall portfolio volatility.