Cipher Mining Inc (CIFR)
4.14
+0.21
(+5.34%)
USD |
NASDAQ |
May 03, 16:00
4.17
+0.03
(+0.72%)
After-Hours: 20:00
Cipher Mining Gross Profit Margin (Quarterly): 69.39% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 69.39% |
September 30, 2023 | 57.08% |
June 30, 2023 | 49.18% |
Date | Value |
---|---|
March 31, 2023 | 62.82% |
December 31, 2022 | 75.37% |
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
49.18%
Minimum
Jun 2023
75.37%
Maximum
Dec 2022
62.77%
Average
62.82%
Median
Mar 2023
Gross Profit Margin (Quarterly) Benchmarks
Riot Platforms Inc | 40.60% |
Marathon Digital Holdings Inc | 6.83% |
Cleanspark Inc | 40.07% |
Hut 8 Corp | 46.96% |
Coinbase Global Inc | 76.16% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -6.91% |
Return on Assets | -5.78% |
Return on Invested Capital | -6.91% |
Profit Margin (Quarterly) | 25.88% |
Operating Margin (Quarterly) | -17.85% |
Return on Net Operating Assets | -9.39% |