Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 95.31%
March 31, 2024 98.17%
December 31, 2023
September 30, 2023 96.34%
June 30, 2023 -187.0%
March 31, 2023 20.23%
Date Value
December 31, 2022 -99.39%
September 30, 2022 -305.6%
June 30, 2022 10.58%
March 31, 2022 -16.36%
December 31, 2021 8.51%
September 30, 2021 20.96%

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

-305.6%
Minimum
Sep 2022
98.17%
Maximum
Mar 2024
-23.49%
Average
10.58%
Median
Jun 2022

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics