Vivint Smart Home, Inc. Gross Profit

Gross Profit of VVNT for past 10 years: annual, quarterly and twelve month trailing (TTM) including Gross Profit growth rates and interactive chart. Gross profit is a company's net sales revenue minus its cost of goods sold (or cost of revenue). In other words, it is the sales revenue a company retains after incurring the direct costs associated with producing the goods it sells, and the services it provides.

Highlights and Quick Summary

  • Gross Profit for the quarter ending June 29, 2021 was $264 Million (a 7.18% increase compared to previous quarter)
  • Year-over-year quarterly Gross Profit increased by 16.54%
  • Annual Gross Profit for 2020 was $908 Million (a 15.45% increase from previous year)
  • Annual Gross Profit for 2019 was $787 Million (a 13.25% increase from previous year)
  • Twelve month Gross Profit ending June 29, 2021 was $978 Million (a 4.58% increase compared to previous quarter)
  • Twelve month trailing Gross Profit increased by 10.85% year-over-year
Trailing Gross Profit for the last four month:
29 Jun '21 30 Mar '21 30 Dec '20 29 Sep '20
$978 Million $935 Million $908 Million $882 Million
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Historical Gross Profit of Vivint Smart Home, Inc.

Most recent Gross Profitof VVNT including historical data for past 10 years.

Interactive Chart of Gross Profit of Vivint Smart Home, Inc.

Vivint Smart Home, Inc. Gross Profit for the past 10 Years (both Annual and Quarterly)

(All values are in $ million)

Year Q1 Q2 Q3 Q4 Fiscal Year
2021 $264.49 $246.76
2020 $239.57 $226.94 $221.64 $220.07 $908.22
2019 $213.4 $191.09 $189.04 $193.17 $786.7
2018 $694.63

Business Profile of Vivint Smart Home, Inc.

Sector: Industrials
Industry: Security & Protection Services
Vivint Smart Home, Inc., together with its subsidiaries, engages in the sale, installation, servicing, and monitoring of smart home and security systems primarily in the United States and Canada. The company's smart home platform includes cloud-enabled smart home operating systems; Vivint Assist, an AI-driven smart home automation and assistance software; software-enabled smart home devices; and tech-enabled services to educate, manage, and support the smart home. It also offers other devices, including control panel, security cameras and smoke alarms, door and window sensors, door locks, motion and tilt sensors, glass break detectors, key fobs, medical pendants, carbon monoxide detectors, flood sensors, and lamp modules. The company's solutions enable subscribers to interact with various aspects of home with voice or mobile device, including engaging with people at front door, and viewing live and recorded video inside and outside homes; and control thermostats, locks, lights, and garage doors, as well as managing movement of families, friends, and strangers. As of March 31, 2020, its smart home platform had approximately 1.5 million subscribers and managed approximately 20 million in-home devices. It markets its products through direct-to-home, inside sales channels, and retail partnerships programs. The company was founded in 1999 and is headquartered in Provo, Utah.