Avid Bioservices Gross Profit

The latest gross profit for CDMO is $12M as of October 2024. That compares with $18M in the prior-year period — down 34.6% year over year. That is below the Healthcare sector average of $67B. Investors often review this figure alongside Avid Bioservices's historical trend and sector peers before judging valuation or financial health.

Over the past year, CDMO's gross profit moved from $18M to $12M — a 34.6% year-over-year decrease. If the trend continues in the same direction for several quarters, it can signal a meaningful shift in Avid Bioservices's operating scale or balance-sheet position.

Against Healthcare companies, CDMO currently prints $12M for gross profit, while the sector average sits near $67B. That is roughly 100.0% below the sector mean. Large gaps often invite a closer look at Avid Bioservices's growth, margins, and balance sheet.

A gross profit figure of $12M for CDMO is a snapshot of scale on that line item. On its own it does not say whether the business is healthy — you also want growth rate, margins, and how the number compares with similar companies. The Healthcare average is about $67B. Explore the charts below for those layers of context.

After noting CDMO's gross profit ($12M), review year-over-year change from $18M, peer averages, and a few neighboring metrics such as revenue, margins, or valuation multiples. That combination usually beats staring at a single figure. The navigation links on this page jump you to those related views.