Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 88.43%
March 31, 2024 88.27%
December 31, 2023 86.40%
September 30, 2023 79.70%
June 30, 2023 91.18%
March 31, 2023 82.59%
December 31, 2022 87.09%
September 30, 2022 93.74%
Date Value
June 30, 2022 99.50%
March 31, 2022 91.33%
December 31, 2021 91.62%
September 30, 2021 97.36%
June 30, 2021
March 31, 2021
December 31, 2020 89.98%

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

79.70%
Minimum
Sep 2023
99.50%
Maximum
Jun 2022
89.78%
Average
89.98%
Median
Dec 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics