Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 -26.62%
March 31, 2024 -106.4%
December 31, 2023 -110.2%
September 30, 2023 -207.4%
June 30, 2023 -94.88%
March 31, 2023 -86.08%
December 31, 2022 -51.51%
September 30, 2022 22.42%
June 30, 2022 56.26%
March 31, 2022 61.19%
December 31, 2021 67.99%
September 30, 2021 56.29%
Date Value
June 30, 2021 39.55%
March 31, 2021 48.22%
December 31, 2020 23.77%
September 30, 2020 -10.42%
June 30, 2020 24.30%
March 31, 2020 3.50%
December 31, 2019 -139.6%
September 30, 2019 21.80%
June 30, 2019 4.45%
March 31, 2019 0.98%
December 31, 2018 4.15%

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

-207.4%
Minimum
Sep 2023
67.99%
Maximum
Dec 2021
-22.61%
Average
3.50%
Median
Mar 2020

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics