Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 72.42%
March 31, 2024 99.72%
December 31, 2023 65.73%
September 30, 2023 85.38%
June 30, 2023 63.50%
March 31, 2023 64.35%
December 31, 2022 65.40%
September 30, 2022 -118.6%
June 30, 2022 99.05%
March 31, 2022 20.42%
Date Value
December 31, 2021 87.96%
September 30, 2021 37.97%
June 30, 2021 99.80%
March 31, 2021
December 31, 2020
September 30, 2020
June 30, 2020
March 31, 2020
December 31, 2019
September 30, 2019 90.65%

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

-118.6%
Minimum
Sep 2022
99.80%
Maximum
Jun 2021
57.16%
Average
65.73%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics