Bit Digital Inc (BTBT)
2.20
+0.05
(+2.33%)
USD |
NASDAQ |
May 03, 16:00
2.22
+0.02
(+0.91%)
After-Hours: 20:00
Bit Digital Gross Profit Margin (Quarterly): 38.14% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 38.14% |
September 30, 2023 | 23.91% |
June 30, 2023 | 57.99% |
March 31, 2023 | 37.49% |
December 31, 2022 | 22.57% |
September 30, 2022 | 28.81% |
June 30, 2022 | 60.25% |
March 31, 2022 | 50.22% |
Date | Value |
---|---|
December 31, 2021 | 64.29% |
September 30, 2021 | 74.91% |
June 30, 2021 | 61.60% |
March 31, 2021 | 71.63% |
December 31, 2020 | 41.92% |
September 30, 2020 | 21.48% |
June 30, 2020 | 5.57% |
March 31, 2020 | -4.70% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-4.70%
Minimum
Mar 2020
74.91%
Maximum
Sep 2021
41.00%
Average
40.03%
Median
Gross Profit Margin (Quarterly) Benchmarks
Riot Platforms Inc | 40.60% |
Marathon Digital Holdings Inc | 6.83% |
Coinbase Global Inc | 76.16% |
Cleanspark Inc | 40.07% |
Cipher Mining Inc | 69.39% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -13.24% |
Return on Assets | -11.75% |
Return on Invested Capital | -13.24% |
Profit Margin (Quarterly) | -12.61% |
Operating Margin (Quarterly) | -59.53% |
Return on Net Operating Assets | -31.36% |