Gross Profit Margin (Quarterly) Chart

Historical Gross Profit Margin (Quarterly) Data

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Date Value
September 30, 2024 47.46%
June 30, 2024 50.59%
March 31, 2024 54.97%
December 31, 2023 48.20%
September 30, 2023 67.28%
June 30, 2023 65.53%
March 31, 2023 75.82%
December 31, 2022 76.33%
Date Value
September 30, 2022 73.47%
June 30, 2022 71.55%
March 31, 2022 70.92%
December 31, 2021 81.92%
September 30, 2021 -0.43%
June 30, 2021 -251.6%
March 31, 2021 -44.80%

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

-251.6%
Minimum
Jun 2021
81.92%
Maximum
Dec 2021
32.48%
Average
65.53%
Median
Jun 2023

Gross Profit Margin (Quarterly) Benchmarks

Gross Profit Margin (Quarterly) Related Metrics