Cerence Inc (CRNC)
3.44
-0.14
(-3.91%)
USD |
NASDAQ |
May 31, 16:00
3.455
+0.02
(+0.44%)
After-Hours: 20:00
Cerence Gross Profit Margin (Quarterly): 69.21% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
March 31, 2024 | 69.21% |
December 31, 2023 | 80.96% |
September 30, 2023 | 71.49% |
June 30, 2023 | 66.04% |
March 31, 2023 | 63.43% |
December 31, 2022 | 68.70% |
September 30, 2022 | 58.06% |
June 30, 2022 | 72.76% |
March 31, 2022 | 71.83% |
December 31, 2021 | 74.34% |
September 30, 2021 | 75.40% |
June 30, 2021 | 75.38% |
Date | Value |
---|---|
March 31, 2021 | 73.42% |
December 31, 2020 | 71.29% |
September 30, 2020 | 71.96% |
June 30, 2020 | 63.29% |
March 31, 2020 | 66.91% |
December 31, 2019 | 66.52% |
September 30, 2019 | 67.43% |
June 30, 2019 | 69.48% |
March 31, 2019 | 65.23% |
December 31, 2018 | 66.60% |
September 30, 2018 | 70.48% |
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
58.06%
Minimum
Sep 2022
80.96%
Maximum
Dec 2023
69.90%
Average
70.38%
Median
Gross Profit Margin (Quarterly) Benchmarks
NetScout Systems Inc | 75.26% |
DocuSign Inc | 79.24% |
Zoom Video Communications Inc | 76.05% |
BigCommerce Holdings Inc | 77.05% |
Duolingo Inc | 73.03% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -42.73% |
Return on Assets | -22.76% |
Return on Invested Capital | -30.07% |
Profit Margin (Quarterly) | -409.8% |
Operating Margin (Quarterly) | -11.41% |
Return on Net Operating Assets | -29.24% |