Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 -45.61%
June 30, 2023 7.88%
March 31, 2023 17.17%
December 31, 2022 22.22%
September 30, 2022 57.14%
June 30, 2022 20.00%
Date Value
March 31, 2022 8.33%
December 31, 2021 0.00%
September 30, 2021 -6.67%
June 30, 2021 48.15%
March 31, 2021 22.73%

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

-45.61%
Minimum
Sep 2023
57.14%
Maximum
Sep 2022
13.76%
Average
17.17%
Median
Mar 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics