Foxx Development Holdings Inc (FOXX)
5.63
-1.07
(-15.97%)
USD |
NASDAQ |
Nov 21, 16:00
5.80
+0.17
(+3.02%)
After-Hours: 20:00
Foxx Development Holdings Gross Profit Margin (Quarterly): -7.72% for March 31, 2024
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
| Date | Value |
|---|---|
| March 31, 2024 | -7.72% |
| June 30, 2023 |
| Date | Value |
|---|---|
| March 31, 2023 | 5.65% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
-7.72%
Minimum
Mar 2024
5.65%
Maximum
Mar 2023
-1.04%
Average
-1.04%
Median
Gross Profit Margin (Quarterly) Benchmarks
| Teradata Corp | 60.45% |
| Veritec Inc | 75.62% |
| Duos Technologies Group Inc | 28.38% |
| Nutanix Inc | 85.22% |
| Domo Inc | 74.33% |
Gross Profit Margin (Quarterly) Related Metrics
| Profit Margin (Quarterly) | -172.5% |
| Operating Margin (Quarterly) | -154.3% |