Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 40.70%
March 31, 2024 13.70%
December 31, 2023 11.22%
September 30, 2023 22.85%
June 30, 2023 17.81%
March 31, 2023 30.33%
December 31, 2022 17.08%
Date Value
September 30, 2022 36.11%
June 30, 2022 -50.96%
March 31, 2022 50.96%
December 31, 2021 46.44%
September 30, 2021 70.00%
June 30, 2021 69.03%
March 31, 2021 70.89%

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

-50.96%
Minimum
Jun 2022
70.89%
Maximum
Mar 2021
31.87%
Average
33.22%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics