Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 83.47%
June 30, 2023 79.08%
Date Value
March 31, 2023
December 31, 2022 38.18%

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

38.18%
Minimum
Dec 2022
83.47%
Maximum
Sep 2023
66.91%
Average
79.08%
Median
Jun 2023

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