Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 70.73%
March 31, 2024 10.66%
October 31, 2023 9.26%
July 31, 2023 38.51%
April 30, 2023 50.75%
Date Value
January 31, 2023 -6.95%
October 31, 2022 24.27%
July 31, 2022 23.89%
April 30, 2022
January 31, 2022 3.85%

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

-6.95%
Minimum
Jan 2023
70.73%
Maximum
Jun 2024
25.00%
Average
23.89%
Median
Jul 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics