Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2023 51.34%
March 31, 2023 36.71%
December 31, 2022 0.99%
September 30, 2022 30.70%
June 30, 2022 31.94%
March 31, 2022 16.49%
December 31, 2021 -16.09%
September 30, 2021 18.76%
June 30, 2021 24.11%
March 31, 2021 19.68%
Date Value
December 31, 2020 -22.89%
September 30, 2020 67.14%
June 30, 2020 19.59%
March 31, 2020 -3.87%
December 31, 2019 -128.1%
September 30, 2019 40.61%
June 30, 2019 15.93%
March 31, 2019 24.97%
December 31, 2018 -30.66%
September 30, 2018 14.55%

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

-128.1%
Minimum
Dec 2019
67.14%
Maximum
Sep 2020
11.94%
Average
19.59%
Median
Jun 2020

Gross Profit Margin (Quarterly) Benchmarks

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