Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
December 31, 2022 7.23%
September 30, 2022 -279.9%
June 30, 2022
March 31, 2022 -5.55%
December 31, 2021 13.51%
September 30, 2021 -246.1%
June 30, 2021 98.26%
March 31, 2021 15.38%
December 31, 2020 97.92%
September 30, 2020 98.00%
June 30, 2020 98.14%
March 31, 2020 97.62%
December 31, 2019 98.26%
September 30, 2019
Date Value
June 30, 2019 44.02%
March 31, 2019 98.66%
December 31, 2018 98.62%
September 30, 2018 96.25%
June 30, 2018 98.75%
March 31, 2018 99.62%
December 31, 2017 99.01%
September 30, 2017 97.93%
June 30, 2017 98.54%
March 31, 2017 97.86%
December 31, 2016 97.37%
September 30, 2016 97.57%
June 30, 2016 97.37%

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

-279.9%
Minimum
Sep 2022
98.26%
Maximum
Dec 2019
7.73%
Average
56.50%
Median