Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 78.75%
March 31, 2024 79.46%
December 31, 2023 79.00%
September 30, 2023 77.72%
June 30, 2023 78.08%
March 31, 2023 76.92%
December 31, 2022 77.42%
September 30, 2022 77.92%
June 30, 2022 77.52%
March 31, 2022 78.24%
December 31, 2021 78.28%
September 30, 2021 78.66%
Date Value
June 30, 2021 81.36%
March 31, 2021 81.31%
December 31, 2020 81.03%
September 30, 2020 81.33%
June 30, 2020 81.64%
March 31, 2020 80.49%
December 31, 2019 80.12%
September 30, 2019 80.79%
June 30, 2019 81.11%
March 31, 2019 81.76%
December 31, 2018 83.56%
September 30, 2018 83.45%

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

76.92%
Minimum
Mar 2023
81.64%
Maximum
Jun 2020
79.22%
Average
78.75%
Median
Jun 2024

Gross Profit Margin (Quarterly) Benchmarks

GitLab Inc 88.30%
PagerDuty Inc 82.68%
Datadog Inc 80.86%
Apple Inc 46.22%
Bumble Inc 70.20%

Gross Profit Margin (Quarterly) Related Metrics