Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 12.13%
December 31, 2023 -3.49%
September 30, 2023 -35.94%
June 30, 2023 -16.65%
Date Value
March 31, 2023 -5.19%
December 31, 2022 -2.12%
September 30, 2022 -11.48%
June 30, 2022 36.61%

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

-35.94%
Minimum
Sep 2023
36.61%
Maximum
Jun 2022
-3.27%
Average
-4.34%
Median

Gross Profit Margin (Quarterly) Related Metrics