Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 37.64%
March 31, 2024 6.35%
December 31, 2023 95.00%
September 30, 2023 31.03%
June 30, 2023 11.84%
March 31, 2023 17.02%
December 31, 2022 -568.1%
September 30, 2022 -58.64%
June 30, 2022 8.34%
March 31, 2022 16.03%
Date Value
December 31, 2021 22.26%
September 30, 2021 -2.41%
June 30, 2021 4.46%
March 31, 2021 -7.71%
December 31, 2020 -6.66%
September 30, 2020 -7.07%
June 30, 2020 26.05%
March 31, 2020 4.05%
December 31, 2019 2.77%

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

-568.1%
Minimum
Dec 2022
95.00%
Maximum
Dec 2023
-19.36%
Average
6.35%
Median
Mar 2024

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics