Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2023 98.49%
September 30, 2023 97.47%
June 30, 2023 93.16%
March 31, 2023 96.89%
December 31, 2022
September 30, 2022 98.30%
Date Value
June 30, 2022 86.89%
March 31, 2022 98.86%
December 31, 2021 95.47%
September 30, 2021 96.18%
June 30, 2021 96.78%

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

86.89%
Minimum
Jun 2022
98.86%
Maximum
Mar 2022
95.85%
Average
96.84%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics