Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 98.37%
March 31, 2024 94.67%
December 31, 2023 96.48%
September 30, 2023 97.77%
June 30, 2023 94.93%
March 31, 2023 93.76%
December 31, 2022 76.13%
September 30, 2022 89.21%
Date Value
June 30, 2022 85.32%
March 31, 2022 94.56%
December 31, 2021 62.09%
September 30, 2021 93.72%
June 30, 2021 71.16%
March 31, 2021 28.39%
December 31, 2020 -276.7%

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

-276.7%
Minimum
Dec 2020
98.37%
Maximum
Jun 2024
59.99%
Average
93.72%
Median
Sep 2021

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics