Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 73.37%
June 30, 2024 69.38%
March 31, 2024 79.95%
December 31, 2023 55.79%
September 30, 2023 71.32%
June 30, 2023 61.84%
March 31, 2023 72.33%
December 31, 2022 89.62%
September 30, 2022 73.13%
June 30, 2022 64.16%
March 31, 2022 53.84%
December 31, 2021 91.89%
September 30, 2021 58.15%
June 30, 2021 70.68%
March 31, 2021 73.00%
December 31, 2020 51.54%
Date Value
September 30, 2020 75.79%
June 30, 2020 40.65%
March 31, 2020 79.13%
December 31, 2019
September 30, 2019 52.24%
June 30, 2019 51.51%
March 31, 2019 66.56%
December 31, 2018
September 30, 2018 76.55%
June 30, 2018 42.71%
March 31, 2018 80.86%
December 31, 2017 63.55%
September 30, 2017 64.53%
June 30, 2017 63.21%
March 31, 2017 84.17%

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

40.65%
Minimum
Jun 2020
91.89%
Maximum
Dec 2021
68.71%
Average
71.32%
Median
Sep 2023

Gross Profit Margin (Quarterly) Benchmarks

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