Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 69.20%
December 31, 2023 60.30%
September 30, 2023 44.69%
June 30, 2023 19.11%
March 31, 2023 26.81%
Date Value
December 31, 2022 22.78%
September 30, 2022 5.74%
June 30, 2022 -10.42%
March 31, 2022 33.35%

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

-10.42%
Minimum
Jun 2022
69.20%
Maximum
Mar 2024
30.17%
Average
26.81%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics