Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 -23.65%
June 30, 2024 16.96%
March 31, 2024 42.13%
December 31, 2023
Date Value
September 30, 2023 0.74%
June 30, 2023 8.61%
March 31, 2023 8.30%
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.

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Gross Profit Margin (Quarterly) Range, Past 5 Years

-23.65%
Minimum
Sep 2024
75.37%
Maximum
Dec 2022
18.35%
Average
8.61%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics