Cerence Inc (CRNC)
3.05
-0.09
(-2.87%)
USD |
NASDAQ |
Nov 15, 16:00
3.05
0.00 (0.00%)
After-Hours: 20:00
Cerence Gross Profit Margin (Quarterly): 71.50% for June 30, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| June 30, 2024 | 71.50% |
| March 31, 2024 | 69.21% |
| 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% |
| Date | Value |
|---|---|
| June 30, 2021 | 75.38% |
| 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
70.13%
Average
71.49%
Median
Sep 2023
Gross Profit Margin (Quarterly) Benchmarks
| Intuit Inc | 75.41% |
| MicroStrategy Inc | 70.41% |
| BILL Holdings Inc | 81.95% |
| Asana Inc | 88.85% |
| Snowflake Inc | 66.84% |
Gross Profit Margin (Quarterly) Related Metrics
| Return on Equity | -105.4% |
| Return on Assets | -52.32% |
| Return on Invested Capital | -69.98% |
| Profit Margin (Quarterly) | -444.5% |
| Operating Margin (Quarterly) | 5.19% |
| Return on Net Operating Assets | -68.75% |