Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 55.80%
Date Value
March 31, 2023 -515.8%

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

-515.8%
Minimum
Mar 2023
55.80%
Maximum
Mar 2024
-230.0%
Average
-230.0%
Median

Gross Profit Margin (Quarterly) Benchmarks

Ainos Inc -29.07%
OpGen Inc 1.01%
Zomedica Corp 65.75%
LENSAR Inc 53.49%
Eargo Inc (DELISTED) 52.39%

Gross Profit Margin (Quarterly) Related Metrics