Cipher Mining Inc (CIFR)
6.19
-0.32
(-4.92%)
USD |
NASDAQ |
Nov 21, 16:00
6.15
-0.04
(-0.65%)
After-Hours: 07:48
Cipher Mining Gross Profit Margin (Quarterly): -23.65% for Sept. 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
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.
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
Riot Platforms Inc | 13.98% |
TeraWulf Inc | 45.82% |
MARA Holdings Inc | -50.91% |
A-Mark Precious Metals Inc | 1.60% |
Cleanspark Inc | 40.13% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -9.21% |
Return on Assets | -8.03% |
Return on Invested Capital | -9.21% |
Profit Margin (Quarterly) | -359.9% |
Operating Margin (Quarterly) | -173.5% |
Return on Net Operating Assets | -12.57% |