Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 -61.73%
December 31, 2023 -58.22%
September 30, 2023 -70.67%
June 30, 2023 -51.05%
March 31, 2023 -52.68%
December 31, 2022 -17.63%
September 30, 2022 -38.81%
June 30, 2022 -17.56%
March 31, 2022 -8.97%
Date Value
December 31, 2021 -13.26%
September 30, 2021 -1.74%
June 30, 2021 13.90%
March 31, 2021 11.05%
December 31, 2020 10.05%
September 30, 2020 28.41%
June 30, 2020 28.91%
March 31, 2020 29.90%

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

-70.67%
Minimum
Sep 2023
29.90%
Maximum
Mar 2020
-15.89%
Average
-13.26%
Median
Dec 2021

Gross Profit Margin (Quarterly) Related Metrics