Gross Profit Margin (Quarterly) Chart

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Sep '18
Jan '19
May '19
 
285.00
270.00
255.00
240.00
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Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 88.69%
June 30, 2024
March 31, 2024
December 31, 2023 87.20%
Date Value
September 30, 2023 88.12%
June 30, 2023
March 31, 2023
December 31, 2022 92.80%

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

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Median

Gross Profit Margin (Quarterly) Benchmarks

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Local Corp. --
Marchex, Inc. 59.97%
Totaligent, Inc. --
AiAdvertising, Inc. --
Bright Mountain Media, Inc. 14.31%