Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2023 -605.2%
June 30, 2023 -15.41%
March 31, 2023 -122.9%
December 31, 2022 -47.76%
Date Value
September 30, 2022 -484.4%
June 30, 2022 -1.15K%
March 31, 2022 -517.4%
December 31, 2021 -1.27K%

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

-1.27K%
Minimum
Dec 2021
-15.41%
Maximum
Jun 2023
-526.1%
Average
-500.9%
Median

Gross Profit Margin (Quarterly) Benchmarks