Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 26.36%
March 31, 2024 23.46%
December 31, 2023 -54.04%
September 30, 2023 41.32%
June 30, 2023 38.71%
March 31, 2023 25.64%
December 31, 2022 -42.44%
September 30, 2022 -12.67%
June 30, 2022 40.55%
March 31, 2022 42.91%
December 31, 2021 2.15%
September 30, 2021 54.03%
Date Value
June 30, 2021 60.14%
March 31, 2021 34.05%
December 31, 2020 28.50%
September 30, 2020 24.78%
June 30, 2020 22.10%
March 31, 2020 19.61%
December 31, 2019 39.78%
September 30, 2019 22.17%
June 30, 2019 23.49%
March 31, 2019 10.30%
December 31, 2018 32.86%
September 30, 2018 19.66%

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

-54.04%
Minimum
Dec 2023
60.14%
Maximum
Jun 2021
21.84%
Average
26.36%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

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