Cipher Mining Inc (CIFR)
3.72
-0.23
(-5.82%)
USD |
NASDAQ |
May 10, 16:00
3.70
-0.02
(-0.54%)
After-Hours: 20:00
Cipher Mining Gross Profit Margin (Quarterly): 42.13% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | 42.13% |
| December 31, 2023 | 69.39% |
| September 30, 2023 | 57.08% |
| Date | Value |
|---|---|
| June 30, 2023 | 49.18% |
| March 31, 2023 | 8.30% |
| December 31, 2022 | 75.37% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
8.30%
Minimum
Mar 2023
75.37%
Maximum
Dec 2022
50.24%
Average
53.13%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Riot Platforms Inc | 40.60% |
| Marathon Digital Holdings Inc | 6.83% |
| Cleanspark Inc | 69.32% |
| Coinbase Global Inc | 76.16% |
| Hut 8 Corp | 46.96% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | 4.88% |
| Return on Assets | 4.16% |
| Return on Invested Capital | 4.88% |
| Profit Margin (Quarterly) | 82.89% |
| Operating Margin (Quarterly) | -3.88% |
| Return on Net Operating Assets | 7.47% |