Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2022 56.56%
June 30, 2022 79.70%
March 31, 2022 -9.33%
December 31, 2021 1.59%
September 30, 2021 18.89%
Date Value
June 30, 2021 31.33%
March 31, 2021 39.39%
December 31, 2020 -40.14%
September 30, 2020 -35.25%

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

-40.14%
Minimum
Dec 2020
79.70%
Maximum
Jun 2022
15.86%
Average
18.89%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks