Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
March 31, 2024 12.40%
December 31, 2023 7.08%
September 30, 2023 1.72%
June 30, 2023 10.94%
March 31, 2023 0.16%
December 31, 2022 -4.03%
September 30, 2022 -30.53%
June 30, 2022 -8.20%
Date Value
March 31, 2022 -7.79%
December 31, 2021 -25.65%
September 30, 2021 -26.74%
June 30, 2021 -35.00%
March 31, 2021 -40.63%
December 31, 2020 -67.98%
September 30, 2020 -71.30%
March 31, 2020 -126.1%

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

-126.1%
Minimum
Mar 2020
12.40%
Maximum
Mar 2024
-25.73%
Average
-16.92%
Median

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics