Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 62.16%
June 30, 2024 60.94%
March 31, 2024 64.41%
December 31, 2023 66.79%
September 30, 2023 57.17%
June 30, 2023 69.34%
March 31, 2023 49.53%
December 31, 2022
September 30, 2022 21.42%
June 30, 2022 85.28%
March 31, 2022 49.20%
December 31, 2021 17.42%
Date Value
September 30, 2021 67.30%
June 30, 2021 0.79%
March 31, 2021 33.84%
December 31, 2020 -13.86%
September 30, 2020 49.41%
June 30, 2020 -93.71%
March 31, 2020 68.68%
December 31, 2019 45.16%
September 30, 2019 58.40%
June 30, 2019 62.63%
March 31, 2019 56.99%
December 31, 2018 87.02%

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

-93.71%
Minimum
Jun 2020
85.28%
Maximum
Jun 2022
40.07%
Average
49.53%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

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