Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 15.38%
March 31, 2024 3.66%
December 31, 2023 -16.46%
September 30, 2023 -16.66%
June 30, 2023 -2.41%
March 31, 2023 -38.62%
December 31, 2022 -36.95%
Date Value
September 30, 2022 -40.98%
June 30, 2022 -23.06%
March 31, 2022 -35.95%
December 31, 2021
September 30, 2021 81.47%
June 30, 2021 74.14%
March 31, 2021 62.33%

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

-40.98%
Minimum
Sep 2022
81.47%
Maximum
Sep 2021
1.99%
Average
-16.46%
Median
Dec 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics