Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 97.90%
March 31, 2024 58.41%
December 31, 2023 -78.78%
September 30, 2023 97.92%
June 30, 2023 59.25%
March 31, 2023 57.65%
December 31, 2022 -93.66%
September 30, 2022 97.11%
June 30, 2022 59.67%
March 31, 2022 98.13%
December 31, 2021 97.64%
Date Value
September 30, 2021 98.27%
June 30, 2021 59.45%
March 31, 2021 97.92%
December 31, 2020 96.68%
September 30, 2020 98.17%
June 30, 2020 98.55%
March 31, 2020 98.93%
December 31, 2019 99.00%
September 30, 2019 98.68%
June 30, 2019 98.71%
March 31, 2019 98.92%

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

-93.66%
Minimum
Dec 2022
99.00%
Maximum
Dec 2019
68.33%
Average
97.64%
Median
Dec 2021

Gross Profit Margin (Quarterly) Related Metrics