Iris Energy Ltd (IREN)
5.20
+0.33
(+6.78%)
USD |
NASDAQ |
May 15, 16:00
5.23
+0.03
(+0.58%)
After-Hours: 16:32
Iris Energy Gross Profit Margin (Quarterly): 89.69% for Dec. 31, 2023
Gross Profit Margin (Quarterly) Chart
Historical Gross Profit Margin (Quarterly) Data
Date | Value |
---|---|
December 31, 2023 | 89.69% |
December 31, 2022 | 70.45% |
June 30, 2022 | 72.32% |
March 31, 2022 | 90.42% |
December 31, 2021 | 93.50% |
Date | Value |
---|---|
September 30, 2021 | 88.72% |
June 30, 2021 | 54.69% |
March 31, 2021 | 90.90% |
December 31, 2020 | 77.18% |
September 30, 2020 | 63.58% |
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.
Gross Profit Margin (Quarterly) Range, Past 5 Years
54.69%
Minimum
Jun 2021
93.50%
Maximum
Dec 2021
79.15%
Average
82.95%
Median
Gross Profit Margin (Quarterly) Benchmarks
Hut 8 Corp | 46.96% |
Robinhood Markets Inc | 83.98% |
Bitcoin Depot Inc | 14.52% |
Coinbase Global Inc | 76.16% |
Cipher Mining Inc | 42.13% |
Gross Profit Margin (Quarterly) Related Metrics
Return on Equity | -33.60% |
Return on Assets | -27.34% |
Return on Invested Capital | -28.80% |
Profit Margin (Quarterly) | -12.43% |
Operating Margin (Quarterly) | -6.43% |
Return on Net Operating Assets | -48.47% |