Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 81.28%
March 31, 2024 81.13%
December 31, 2023 81.41%
September 30, 2023 81.70%
June 30, 2023 81.27%
March 31, 2023 81.06%
December 31, 2022 81.23%
September 30, 2022 80.06%
June 30, 2022 80.62%
March 31, 2022 81.03%
December 31, 2021 81.53%
September 30, 2021 81.59%
June 30, 2021 81.49%
Date Value
March 31, 2021 82.02%
December 31, 2020 81.89%
September 30, 2020 81.78%
June 30, 2020 81.65%
March 31, 2020 79.32%
December 31, 2019 79.97%
September 30, 2019 69.43%
June 30, 2019 75.89%
March 31, 2019 74.22%
December 31, 2018 77.48%
September 30, 2018 74.15%
June 30, 2018 74.86%

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

79.32%
Minimum
Mar 2020
82.02%
Maximum
Mar 2021
81.16%
Average
81.28%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

MongoDB Inc 73.17%
GitLab Inc 88.30%
Informatica Inc 80.68%
SentinelOne Inc 74.52%
Lyft Inc 42.92%