Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
June 30, 2024 -4.97%
March 31, 2024 -26.23%
December 31, 2023 -14.44%
September 30, 2023 -168.9%
June 30, 2023 -16.91%
March 31, 2023 -15.98%
Date Value
December 31, 2022 3.29%
September 30, 2022 18.58%
June 30, 2022 31.79%
March 31, 2022 34.83%
December 31, 2021 38.54%

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

-168.9%
Minimum
Sep 2023
38.54%
Maximum
Dec 2021
-10.94%
Average
-4.97%
Median
Jun 2024

Gross Profit Margin (Quarterly) Related Metrics