Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 81.00%
June 30, 2024 81.96%
March 31, 2024 81.23%
December 31, 2023 12.74%
September 30, 2023 75.80%
June 30, 2023 74.90%
March 31, 2023 74.15%
December 31, 2022 -38.16%
September 30, 2022 62.05%
June 30, 2022 55.35%
Date Value
March 31, 2022 51.17%
December 31, 2021 -18.18%
September 30, 2021 61.92%
June 30, 2021 78.58%
March 31, 2021 81.42%
December 31, 2020 76.41%
September 30, 2020 76.40%
June 30, 2020 77.37%
March 31, 2020 65.61%

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.

Read full definition.

Gross Profit Margin (Quarterly) Range, Past 5 Years

-38.16%
Minimum
Dec 2022
81.96%
Maximum
Jun 2024
58.51%
Average
74.90%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks