Cerence Inc (CRNC)
9.56
+0.14
(+1.49%)
USD |
NASDAQ |
May 08, 16:00
9.57
+0.01
(+0.10%)
After-Hours: 20:00
Cerence Gross Profit Margin (Quarterly): 80.96% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| December 31, 2023 | 80.96% |
| September 30, 2023 | 71.49% |
| June 30, 2023 | 66.04% |
| March 31, 2023 | 63.43% |
| December 31, 2022 | 68.70% |
| September 30, 2022 | 58.06% |
| June 30, 2022 | 72.76% |
| March 31, 2022 | 71.83% |
| December 31, 2021 | 74.34% |
| September 30, 2021 | 75.40% |
| June 30, 2021 | 75.38% |
| Date | Value |
|---|---|
| March 31, 2021 | 73.42% |
| December 31, 2020 | 71.29% |
| September 30, 2020 | 71.96% |
| June 30, 2020 | 63.29% |
| March 31, 2020 | 66.91% |
| December 31, 2019 | 66.52% |
| September 30, 2019 | 67.43% |
| June 30, 2019 | 69.48% |
| March 31, 2019 | 65.23% |
| December 31, 2018 | 66.60% |
| September 30, 2018 | 70.48% |
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
58.06%
Minimum
Sep 2022
80.96%
Maximum
Dec 2023
69.93%
Average
71.29%
Median
Dec 2020
Gross Profit Margin (Quarterly) Benchmarks
| Digital Turbine Inc | 44.63% |
| DocuSign Inc | 79.24% |
| Zoom Video Communications Inc | 75.90% |
| Uber Technologies Inc | 39.04% |
| CrowdStrike Holdings Inc | 75.33% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -4.25% |
| Return on Assets | -2.31% |
| Return on Invested Capital | -3.06% |
| Profit Margin (Quarterly) | 17.25% |
| Operating Margin (Quarterly) | 42.86% |
| Return on Net Operating Assets | -2.97% |