Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 4.79%
September 30, 2023 -102.4%
June 30, 2023 -24.94%
March 31, 2023 -26.82%
Date Value
December 31, 2022 45.18%
September 30, 2022 -68.29%
June 30, 2022 8.10%
March 31, 2022 -6.89%

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

-102.4%
Minimum
Sep 2023
45.18%
Maximum
Dec 2022
-21.41%
Average
-15.91%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics