Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 -8.31%
March 31, 2024 -0.83%
December 31, 2023 -74.54%
September 30, 2023 -64.09%
June 30, 2023 -66.80%
March 31, 2023 -69.97%
December 31, 2022 -122.8%
September 30, 2022 -90.75%
June 30, 2022 -137.9%
March 31, 2022 -88.56%
December 31, 2021 -127.9%
Date Value
September 30, 2021 -85.59%
June 30, 2021 -59.10%
March 31, 2021 -93.68%
December 31, 2020 -90.02%
September 30, 2020 -62.02%
June 30, 2020 -134.8%
March 31, 2020 -101.8%
December 31, 2019 -253.5%
September 30, 2019 -250.9%
June 30, 2019 -231.7%
March 31, 2019 -176.5%

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

-253.5%
Minimum
Dec 2019
-0.83%
Maximum
Mar 2024
-91.21%
Average
-88.56%
Median
Mar 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics