Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 32.36%
December 31, 2023 48.53%
September 30, 2023 41.09%
June 30, 2023 -39.39%
March 31, 2023 -12.39%
December 31, 2022 -181.7%
September 30, 2022 91.95%
Date Value
June 30, 2022 -173.8%
March 31, 2022 -456.9%
December 31, 2021 -257.6%
September 30, 2021 -933.9%
June 30, 2021
March 31, 2021 -1.02%

Gross Profit Margin Definition

Gross Profit Margin is calculated using Gross Profit/Revenue. This metric measures the overall efficiency of a company in being able to turn revenue into gross profit and doing this by keeping cost of goods sold low. An analyst looking at gross profit margin might look for a higher gross profit margin relative to other comparable companies as well as a gross profit margin that is growing.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

-933.9%
Minimum
Sep 2021
91.95%
Maximum
Sep 2022
-153.6%
Average
-25.89%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics